Kimbell Royalty Partners, LP Stock (NYSE:KRP)
Previous Close
$14.51
52W Range
$10.98 - $15.12
50D Avg
$13.38
200D Avg
$13.47
Market Cap
$1.61B
Avg Vol (3M)
$726.40K
Beta
0.28
Div Yield
$1.60 (10.86%)
KRP Company Profile
Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres. The company's mineral and royalty interests are located in 28 states and include ownership in approximately 122,000 gross wells, including approximately 46,000 wells in the Permian Basin. It serves as the general partner of the company. The company was founded in 2013 and is based 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 Condensate | $195.47M | $215.54M | - |
| Oil and Gas | $317.47M | $304.61M | - |
| Oil, natural gas and NGL revenues | - | - | $267.58M |
| Lease bonus and other income | - | - | $5.59M |
Fiscal year ends in Dec 25 | Currency in USD