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Kimbell Royalty Partners, LP
🏹 Trader: 🎯 Near 52W High | BRS 75 Ready View all →
$1.4B
Market Cap
19.0
P/E
5.92
PEG
12.0%
ROCE
12.2%
ROE
0.58
D/E
39.8%
OPM
-2.3%
% from 52W High
63
α RS
🔍 KRP is showing a high-conviction setup because it matches 3 of 37 tracked screener presets, RS Rating is 63, and an ECS of 82.4 last quarter. Net: Broad signal stack, not a recommendation. ? Conviction RS Rating ECS
Sources
Conviction 3/37 · RS Rating 63 · ECS 82.4
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🌏 Global Investor Returns
Currency-adjusted total returns for KRP including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 1998 and is based in Fort Worth, Texas.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding KRP
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 472.9K $6.8M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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📊 MIXED Kimbell Royalty Partners: Q1 2026 revenues $82.9M, production 25,522 BOE/day, 85 rigs active.
Revenue & Profitability
Total oil, natural gas, and NGL revenues were $82.9 million in Q1 2026. Adjusted EBITDA was $68 million. The company declared a distribution of $0.41 per common unit, up 11% from Q4 2025. The distribution represents 75% of cash available for distribution, with the remaining 25% used for debt paydown.
Outlook
Management remains bullish on the U.S. oil and natural gas royalty industry. Higher oil prices are expected to support a modest uptick in activity, especially in oil-weighted basins. They note volatility from the Middle East conflict but see elevated oil prices conducive to incremental activity. They also expect operators to accelerate DUC completions.
Growth Drivers
Growth drivers include continued development on existing acreage, especially in the Permian Basin, where most line-of-sight wells are located. Activity is also increasing in the Bakken, Eagle Ford, and MidCon. The company is actively evaluating M&A opportunities to expand its portfolio.
Balance Sheet & CapEx
Not discussed in this earnings call.
Margins
Not directly discussed as margin percentage. However, G&A expenses were $9.4 million total, $5.3 million cash G&A or $2.31 per BOE, well below guidance range, reflecting operational discipline and positive operating leverage. They affirmed 2026 guidance.
Key Risks
Risks include macro uncertainty from the Middle East conflict causing oil price volatility, which affects seller and buyer sentiment in M&A. Management noted that volatility can slow transaction volumes. Also, operators may take a 'wait and see' approach before increasing drilling.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-07
Q2 2026 set new records for revenue, net income, and adjusted EBITDA, driven by organic growth and acquisitions. Distribution per unit rose 15% sequentially, and leverage remained conservative. The company remains bullish on sector growth and continues to pursue selective acquisitions.
Q1 2026 Q1 2026 2026-05-07
Q1 2026 saw strong production and financial results, with revenues of $82.9M and an 11% increase in distribution. Guidance for 2026 is affirmed, with higher oil prices expected to drive increased activity and potential upside.
Q4 2025 Q4 2025 2026-02-26
Strong Q4 and full-year 2025 results featured organic production growth, a major Permian acquisition, and increased distributions. Financial discipline reduced debt, while 2026 guidance signals stable production and continued M&A opportunities.
Q3 2025 Q3 2025 2025-11-06
Q3 saw 1% organic production growth and revenues of $76.8M, with strong performance in diversified basins. The $0.35/unit distribution is fully a return of capital, and guidance for 2025 is reaffirmed amid sector headwinds. Debt remains conservative at 1.6x EBITDA.
Q2 2025 Q2 2025 2025-08-07
Q2 2025 saw strong cash flow, lower G&A per BOE, and a 38% distribution increase. Rig activity outperformed the broader market, with Permian and Haynesville showing growth. Debt reduction and a conservative balance sheet support continued robust development.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
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Information Sources:
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