Kimbell Royalty Partners Downgraded by KeyBanc Amid Difficult Conditions for Small-Cap Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2025
0mins
Should l Buy KRP?
Source: SeekingAlpha
KeyBanc Downgrade: Kimbell Royalty Partners (KRP) saw a 5% drop in trading after KeyBanc downgraded its rating from Overweight to Sector Weight, citing challenges for smaller mineral entities amid strong M&A activity from larger competitors like Viper Energy (VNOM) and Texas Pacific Land (TPL).
Competitive Landscape Concerns: Analyst Rezvan expressed concerns about Kimbell's competitive position, noting that Viper and TPL have lower costs of capital and are actively pursuing acquisitions, which may limit Kimbell's growth opportunities.
Financial Position and Leverage: Kimbell is at a disadvantage with a leverage ratio of 1.5x, as it focuses on using free cash flow to reduce its credit facility, which affects its ability to competitively finance new deals.
Yield Focus and Price Outlook: While Kimbell remains a safe option for yield-focused investors, Rezvan does not anticipate unit price appreciation without clearer insights into the oil market, and his downgrade does not reflect concerns about Kimbell's distribution health.
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Analyst Views on KRP
Wall Street analysts forecast KRP stock price to rise
6 Analyst Rating
2 Buy
3 Hold
1 Sell
Hold
Current: 14.060
Low
12.00
Averages
17.00
High
24.00
Current: 14.060
Low
12.00
Averages
17.00
High
24.00
About KRP
Kimbell Royalty Partners, LP is an oil and gas mineral and royalty company. It owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basins in the continental United States, including ownership in more than 130,000 gross wells with over 51,000 wells in the Permian Basin. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, Western Virginia, northwestern Georgia, and northern Alabama. The Eagle Ford shale formation stretches across south Texas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Dividend Stocks Gain Favor Amid Market Turbulence
- Investor Preference: During turbulent and uncertain market conditions, many investors are turning to dividend-yielding stocks, which typically have high free cash flows and reward shareholders with substantial dividends, indicating a strong demand for stable income.
- Analyst Ratings: Benzinga provides the latest analyst ratings for three high-yielding energy stocks, including Nordic American Tankers Ltd (NYSE:NAT), Kimbell Royalty Partners LP (NYSE:KRP), and Western Midstream Partners LP (NYSE:WES), offering decision-making support for investors.
- Market Trends: As market volatility increases, the appeal of dividend stocks rises, with investors seeking to mitigate investment risks through stable cash flows, potentially driving demand and prices for these stocks higher.
- Analyst Accuracy: Benzinga's analyst ratings page allows traders to sort ratings by analyst accuracy, helping investors identify the most promising high-yield stocks and enhancing the scientific basis of their investment decisions.
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Kimbell Royalty Partners to Release Q4 2025 Financial Results and Distribution on February 26, 2026
- Earnings Release: Kimbell Royalty Partners is set to announce its Q4 2025 financial results on February 26, 2026, before market open, reflecting the company's ongoing commitment to transparency and shareholder communication.
- Distribution Declaration: Concurrent with the earnings release, Kimbell will declare its Q4 2025 distribution, which is expected to bolster investor confidence and attract more long-term investors.
- Conference Call Arrangement: The company has scheduled a conference call for the same day at 10:00 a.m. Central (11:00 a.m. Eastern) to provide real-time financial insights, enhancing engagement with investors.
- Replay Availability: A replay of the conference call will be available until March 5, ensuring that investors who cannot participate live can access key information, thereby improving information accessibility.
See More
Kimbell Royalty Partners to Release Q4 2025 Financial Results and Distribution on February 26, 2026
- Earnings Release Schedule: Kimbell Royalty Partners will announce its Q4 2025 financial results on February 26, 2026, before market open, which is expected to provide investors with critical financial data and operational performance insights.
- Distribution Declaration: Concurrent with the earnings release, Kimbell will declare its fourth-quarter distribution, further enhancing shareholder returns and demonstrating the company's commitment to sustained profitability.
- Conference Call Arrangement: The company plans to hold a conference call at 10:00 a.m. Central Time on the same day as the earnings release, allowing investors to dial in at 201-389-0869 to receive timely updates.
- Webcast Availability: The conference call will be broadcast live via Kimbell's Investor Relations website, with investors required to log in at least 10 minutes in advance to ensure smooth participation, thereby enhancing transparency and information sharing.
See More
Kimbell Royalty Partners Increases Credit Facility to $1.5 Billion, Reduces Cost of Capital
- Credit Facility Increase: Kimbell Royalty Partners successfully increased its credit facility from $750 million to $1.5 billion, enhancing the company's financing capabilities and further solidifying its market position in the oil and gas royalty sector.
- Cost of Capital Reduction: By reducing the pricing grid by 25 basis points and removing a 10 basis point credit spread adjustment, Kimbell improved its interest rate spreads by a total of 35 basis points, thereby lowering financing costs and enhancing financial flexibility.
- Borrowing Base Confirmation: Existing lenders unanimously reaffirmed the borrowing base and total commitments at $625 million, extending the maturity date to 2030, which ensures the company's financial stability over the next five years.
- Strategic Confidence Boost: Kimbell's President noted that the lenders' confidence reflects the quality and sustainability of the company's diversified asset base, further reinforcing its role as a leading consolidator in the oil and gas royalty sector.
See More
Kimbell Royalty Partners Increases Credit Facility Size to $1.5 Billion
- Credit Facility Expansion: Kimbell successfully completed its Fall 2025 credit redetermination, increasing its secured revolving credit facility from $750 million to $1.5 billion, significantly enhancing the company's financing capacity and financial flexibility.
- Borrowing Base Confirmation: Existing lenders unanimously reaffirmed a borrowing base and total commitments of $625 million, extending the maturity date from June 13, 2027, to December 16, 2030, ensuring funding stability for the company in the coming years.
- Capital Structure Optimization: This refinancing lowers borrowing costs, with Kimbell's CFO stating that it will further strengthen the company's capital structure and enhance its consolidation capabilities in the oil and gas royalty sector.
- Increased Market Confidence: The ongoing support from 16 banks reflects market confidence in Kimbell's diversified asset base, which is expected to drive the company's continued growth in the oil and gas industry.
See More
Kimbell Royalty Partners Secures $625 Million Credit Facility Through 2030
Credit Facility Update: Kimbell Royalty Partners' lenders have reaffirmed the borrowing base and total commitments of its secured revolving credit facility at $625 million, extending the maturity to December 16, 2030.
Amendment Benefits: The recent amendment includes a reduction in the pricing grid to lower borrowing costs and the removal of a credit spread adjustment, enhancing financial flexibility.
Increased Credit Facility Size: The maximum size of the credit facility has been increased from $750 million to $1.5 billion, providing Kimbell with greater financial resources.
Market Reaction: Following the announcement, KRP's stock price remained stable at $11.5 after hours.
See More
Dividend Stocks Gain Favor Amid Market Turbulence
- Investor Preference: During turbulent and uncertain market conditions, many investors are turning to dividend-yielding stocks, which typically have high free cash flows and reward shareholders with substantial dividends, indicating a strong demand for stable income.
- Analyst Ratings: Benzinga provides the latest analyst ratings for three high-yielding energy stocks, including Nordic American Tankers Ltd (NYSE:NAT), Kimbell Royalty Partners LP (NYSE:KRP), and Western Midstream Partners LP (NYSE:WES), offering decision-making support for investors.
- Market Trends: As market volatility increases, the appeal of dividend stocks rises, with investors seeking to mitigate investment risks through stable cash flows, potentially driving demand and prices for these stocks higher.
- Analyst Accuracy: Benzinga's analyst ratings page allows traders to sort ratings by analyst accuracy, helping investors identify the most promising high-yield stocks and enhancing the scientific basis of their investment decisions.
See More
Kimbell Royalty Partners to Release Q4 2025 Financial Results and Distribution on February 26, 2026
- Earnings Release: Kimbell Royalty Partners is set to announce its Q4 2025 financial results on February 26, 2026, before market open, reflecting the company's ongoing commitment to transparency and shareholder communication.
- Distribution Declaration: Concurrent with the earnings release, Kimbell will declare its Q4 2025 distribution, which is expected to bolster investor confidence and attract more long-term investors.
- Conference Call Arrangement: The company has scheduled a conference call for the same day at 10:00 a.m. Central (11:00 a.m. Eastern) to provide real-time financial insights, enhancing engagement with investors.
- Replay Availability: A replay of the conference call will be available until March 5, ensuring that investors who cannot participate live can access key information, thereby improving information accessibility.
See More
Kimbell Royalty Partners to Release Q4 2025 Financial Results and Distribution on February 26, 2026
- Earnings Release Schedule: Kimbell Royalty Partners will announce its Q4 2025 financial results on February 26, 2026, before market open, which is expected to provide investors with critical financial data and operational performance insights.
- Distribution Declaration: Concurrent with the earnings release, Kimbell will declare its fourth-quarter distribution, further enhancing shareholder returns and demonstrating the company's commitment to sustained profitability.
- Conference Call Arrangement: The company plans to hold a conference call at 10:00 a.m. Central Time on the same day as the earnings release, allowing investors to dial in at 201-389-0869 to receive timely updates.
- Webcast Availability: The conference call will be broadcast live via Kimbell's Investor Relations website, with investors required to log in at least 10 minutes in advance to ensure smooth participation, thereby enhancing transparency and information sharing.
See More
Kimbell Royalty Partners Increases Credit Facility to $1.5 Billion, Reduces Cost of Capital
- Credit Facility Increase: Kimbell Royalty Partners successfully increased its credit facility from $750 million to $1.5 billion, enhancing the company's financing capabilities and further solidifying its market position in the oil and gas royalty sector.
- Cost of Capital Reduction: By reducing the pricing grid by 25 basis points and removing a 10 basis point credit spread adjustment, Kimbell improved its interest rate spreads by a total of 35 basis points, thereby lowering financing costs and enhancing financial flexibility.
- Borrowing Base Confirmation: Existing lenders unanimously reaffirmed the borrowing base and total commitments at $625 million, extending the maturity date to 2030, which ensures the company's financial stability over the next five years.
- Strategic Confidence Boost: Kimbell's President noted that the lenders' confidence reflects the quality and sustainability of the company's diversified asset base, further reinforcing its role as a leading consolidator in the oil and gas royalty sector.
See More
Kimbell Royalty Partners Increases Credit Facility Size to $1.5 Billion
- Credit Facility Expansion: Kimbell successfully completed its Fall 2025 credit redetermination, increasing its secured revolving credit facility from $750 million to $1.5 billion, significantly enhancing the company's financing capacity and financial flexibility.
- Borrowing Base Confirmation: Existing lenders unanimously reaffirmed a borrowing base and total commitments of $625 million, extending the maturity date from June 13, 2027, to December 16, 2030, ensuring funding stability for the company in the coming years.
- Capital Structure Optimization: This refinancing lowers borrowing costs, with Kimbell's CFO stating that it will further strengthen the company's capital structure and enhance its consolidation capabilities in the oil and gas royalty sector.
- Increased Market Confidence: The ongoing support from 16 banks reflects market confidence in Kimbell's diversified asset base, which is expected to drive the company's continued growth in the oil and gas industry.
See More
Kimbell Royalty Partners Secures $625 Million Credit Facility Through 2030
Credit Facility Update: Kimbell Royalty Partners' lenders have reaffirmed the borrowing base and total commitments of its secured revolving credit facility at $625 million, extending the maturity to December 16, 2030.
Amendment Benefits: The recent amendment includes a reduction in the pricing grid to lower borrowing costs and the removal of a credit spread adjustment, enhancing financial flexibility.
Increased Credit Facility Size: The maximum size of the credit facility has been increased from $750 million to $1.5 billion, providing Kimbell with greater financial resources.
Market Reaction: Following the announcement, KRP's stock price remained stable at $11.5 after hours.
See More
