Kimbell Royalty Partners, LP (KRP) Stock
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.
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About Kimbell Royalty Partners, LP
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.
Kimbell Royalty Partners, LP is headquartered in US.
Kimbell Royalty Partners, LP (KRP) stock trades at $14.69 with a market capitalization of $1.45B. The stock is valued at a price-to-earnings (P/E) ratio of 20.05, price-to-book of 2.01, price-to-sales of 4.42. Over the past 52 weeks the stock has ranged between $11.31 and $15.80, and currently trades 7.0% below its 52-week high. It pays a dividend yielding 11.16%.
On profitability, Kimbell Royalty Partners, LP generates a return on equity (ROE) of 10.68%, return on capital employed of 11.36%, an operating margin of 40.80%, a net profit margin of 22.70%.
Official website: www.kimbellrp.com