Kimbell Royalty Partners, LP Stock (NYSE:KRP)
Previous Close
$15.54
52W Range
$11.31 - $15.80
50D Avg
$14.92
200D Avg
$13.71
Market Cap
$1.51B
Avg Vol (3M)
$877.24K
Beta
0.27
Div Yield
$1.51 (9.84%)
KRP Company Profile
Kimbell Royalty Partners, LP (KRP) and its affiliates are dedicated to acquiring and owning mineral and royalty interests in crude oil and natural gas properties across the United States. As of December 31, 2021, its comprehensive portfolio included approximately 11.4 million gross acres of mineral and royalty interests, alongside an additional 4.7 million gross acres representing overriding royalty interests. These holdings are geographically widespread, covering 28 states, and encompass ownership stakes in an estimated 122,000 gross wells. Notably, a significant portion of these — around 46,000 wells — are located within the highly productive Permian Basin. Kimbell Royalty Partners itself fulfills the role of general partner. The firm was established in 2013 and maintains its corporate headquarters in Fort Worth, Texas.
KRP Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 25 | Dec 24 | Dec 23 |
|---|---|---|---|
| Natural Gas, Midstream | $78.36M | $50.16M | - |
| Oil and Gas | $317.47M | $304.61M | - |
| Oil and Condensate | $195.47M | $215.54M | - |
| Oil, natural gas and NGL revenues | - | - | $267.58M |
| Lease bonus and other income | - | - | $5.59M |
Fiscal year ends in Dec 25 | Currency in USD