KRP

Kimbell Royalty Partners LP

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14.790

-0.07(-0.471%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

15.1199

Open

14.910

VWAP

14.89

Vol

666.66K

Mkt Cap

1.60B

Low

14.740

Amount

9.92M

EV/EBITDA(TTM)

9.51

Total Shares

74.65M

2.28B

EV/OCF(TTM)

9.64

P/S(TTM)

5.22

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

84.21M

+26.22%

0.147

-18.34%

83.41M

-0.45%

0.143

-30.35%

81.65M

+6.63%

0.190

+35.14%

Estimates Revision

The market is revising No Change the revenue expectations for Kimbell Royalty Partners, LP (KRP) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 22.94%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+22.94%

In Past 3 Month

3 Analyst Rating

1.42% Upside

Wall Street analysts forecast KRP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KRP is 15.00 USD with a low forecast of 12.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

1 Hold

1 Sell

Hold

1.42% Upside

Current: 14.790

Low

12.00

Averages

15.00

High

18.00

1.42% Upside

Current: 14.790

Low

12.00

Averages

15.00

High

18.00

Keybanc

Tim Rezvan

Buy

Maintains

$20 → $18

2025-04-21

Reason

Keybanc

Tim Rezvan

Price Target

$20 → $18

2025-04-21

Maintains

Buy

Reason

KeyBanc lowered the firm's price target on Kimbell Royalty Partners to $18 from $20 and keeps an Overweight rating on the shares. The firm marks to market Q1 estimates ahead of earnings season, lowers its oil price forecast, and raises its natural gas price forecast. KeyBanc believes oil prices are overly pressured near term, pricing in worst case outlooks on OPEC+ growth, U.S. oil growth, and a global recession, and it remains above the current NYMEX WTI futures strip. On natural gas, the firm says it did not have two polar vortexes on its "winter bingo card." Weather and recent LNG export project start-ups have done much to heal markets. KeyBanc remains somewhat concerned by relentless L48 production, but believes moderating oil production may moderate associated gas production.

Mizuho

William Janela

Hold

Initiates

$16

2025-03-31

Reason

Mizuho

William Janela

Price Target

$16

2025-03-31

Initiates

Hold

Reason

Mizuho initiated coverage of Kimbell Royalty Partners with a Neutral rating and $16 price target. Kimbell holds a diversified royalty minerals portfolio across multiple U.S. basins, the analyst tells investors in a research note. The firm says that in an acquisition-driven sector where investors are increasingly focused on scale, the company's gassier and lower margin asset base and relative market cap size "raise the bar for it to execute on future acquisitions."

B of A Securities

Noah Hungness

Sell

Maintains

$16 → $14

2025-03-04

Reason

B of A Securities

Noah Hungness

Price Target

$16 → $14

2025-03-04

Maintains

Sell

Reason

Truist Securities

Neal Dingmann

Strong Buy

Hold

Downgrades

$22 → $16

2025-03-04

Reason

Truist Securities

Neal Dingmann

Price Target

$22 → $16

2025-03-04

Downgrades

Strong Buy

Hold

Reason

Truist downgraded Kimbell Royalty Partners to Hold from Buy with a price target of $16, down from $22.

Raymond James

John Freeman

Strong Buy

Maintains

$19 → $23

2025-01-23

Reason

Raymond James

John Freeman

Price Target

$19 → $23

2025-01-23

Maintains

Strong Buy

Reason

Raymond James raised the firm's price target on Kimbell Royalty Partners to $23 from $19 and keeps a Strong Buy rating on the shares. The fourth quarter was "forgettable" from a stock performance perspective, but has set the Exploration and Production group up nicely going into the New Year, the analyst tells investors in a research note. The firm expects largely in-line results from its coverage, and notes that efficiency gains continued at a pace that almost nobody anticipated, production growth is largely not the goal, and looks like a by-product of these efficiency gains, and says that it expects acquisitions to continue.

Truist Securities

Neal Dingmann

Strong Buy

Maintains

$21 → $22

2025-01-13

Reason

Truist Securities

Neal Dingmann

Price Target

$21 → $22

2025-01-13

Maintains

Strong Buy

Reason

Truist analyst Neal Dingmann raised the firm's price target on Kimbell Royalty Partners to $22 from $21 and keeps a Buy rating on the shares as part of a broader research note updating the firm's model with 2026 expectations. Truist sees sequentially higher estimated 2026 earnings and free cash flows based on minimally lower commodity prices, minimally higher production, flat costs, minimal asset degradation, and minimal to moderate operational efficiencies, adding that it sees commodity prices - oil and natural gas - remaining firmer this year than many investors currently expect.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Kimbell Royalty Partners LP (KRP.N) is 22.91, compared to its 5-year average forward P/E of -12.75. For a more detailed relative valuation and DCF analysis to assess Kimbell Royalty Partners LP 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-12.75

Current PE

22.91

Overvalued PE

152.01

Undervalued PE

-177.52

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

6.70

Current EV/EBITDA

7.53

Overvalued EV/EBITDA

7.49

Undervalued EV/EBITDA

5.90

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

3.60

Current PS

4.09

Overvalued PS

4.22

Undervalued PS

2.98