Kimbell Royalty Partners
About: Kimbell Royalty Partners LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. The company's basins and producing regions include areas of interest in the Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Appalachian Basin, Eagle Ford, Bakken/Williston Basin, and DJ Basin/Rockies/Niobrara. Its revenues are derived from royalty payments received from operators based on the sale of oil, natural gas and NGL production, as well as the sale of NGLs that are extracted from natural gas during processing.
Employees: 28
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
175% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 16
125% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 32
16% more funds holding
Funds holding: 165 [Q4 2024] → 191 (+26) [Q1 2025]
15% more call options, than puts
Call options by funds: $7.11M | Put options by funds: $6.21M
0.16% less ownership
Funds ownership: 32.9% [Q4 2024] → 32.74% (-0.16%) [Q1 2025]
2% less capital invested
Capital invested by funds: $432M [Q4 2024] → $424M (-$8.26M) [Q1 2025]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 4 (-2) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
13%
upside
Avg. target
$17
20%
upside
High target
$18
27%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Keybanc Tim Rezvan | 27%upside $18 | Overweight Maintained | 21 Apr 2025 |
Mizuho William Janela | 13%upside $16 | Neutral Initiated | 31 Mar 2025 |
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
Kimbell Royalty Partners: A Double-Digit Yield And Exceptional Business Model For Long-Term Investors
Kimbell Royalty Partners is suitable for long-term investors due to its strong business model and dividend yield of around 14%. The company's stable operations and dedicated management team ensure dividend sustainability. The recent preferred share buyback has reduced capital expenses, while simultaneously increasing shareholder value.
Positive
Seeking Alpha
1 month ago
Kimbell Royalty Partners: Reduced Potential Dilution After Partial Redemption Of Preferred Units
Kimbell redeemed half of its $325 million in preferred units. This reduces Kimbell's near-term distributable cash flow slightly, but also saves it money (or dilution) in the long term. Kimbell's Q1 2025 results were solid, but due to lower oil prices, I'd now expect a quarterly distribution of around $0.36 per unit during the rest of 2025.
Neutral
Seeking Alpha
1 month ago
Kimbell Royalty Partners, LP Common Units (KRP) Q1 2025 Earnings Call Transcript
Kimbell Royalty Partners, LP Common Units (NYSE:KRP ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Rick Black - Investor Relations Bob Ravnaas - Chairman & Chief Executive Officer Davis Ravnaas - President & Chief Financial Officer Matt Daly - Chief Operating Officer Conference Call Participants Tim Rezvan - KeyBanc Capital Markets John Annis - Texas Capital Paul Diamond - Citibank Noah Hungness - Bank of America Operator Greetings, and welcome to the Kimbell Royalty Partners First Quarter Earnings Conference Call. At this time all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
Kimbell Royalty (KRP) Tops Q1 Earnings Estimates
Kimbell Royalty (KRP) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.04 per share a year ago.
Neutral
PRNewsWire
1 month ago
Kimbell Royalty Partners Announces Record First Quarter 2025 Results
Record Oil, Natural Gas and NGL Revenues, Net Income of $25.9 million, Record Consolidated Adjusted EBITDA and Record Cash Available for Distribution Q1 2025 Run-Rate Daily Production of 25,841 Boe/d (6:1) Including a Full-Quarter of Acquired Production; Exceeds Mid-Point of Guidance Redeemed 50% of Outstanding Series A Cumulative Convertible Preferred Units, Further Simplifying Capital Structure and Reducing Cost of Capital Borrowing Base and Aggregate Commitments on Kimbell's Secured Revolving Credit Facility Increased from $550 million to $625 million Activity on Acreage Remains Robust with 90 Active Rigs Drilling Representing 16%1 Market Share of U.S. Land Rig Count Announces Q1 2025 Cash Distribution of $0.47 per Common Unit, an Increase of 18% from Q4 2024 Representing a 15.8% Annualized Tax Advantaged Cash Yield2 FORT WORTH, Texas , May 8, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in over 131,000 gross wells across 28 states, today announced financial and operating results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Q1 2025 run-rate daily production of 25,501 barrels of oil equivalent ("Boe") per day (6:1) Includes 74 days of production from the Company's $230 million acquisition from a private seller (the "Acquired Production"), which closed on January 17, 2025 with an effective date of October 1, 2024 Including a full Q1 2025 impact of the Acquired Production, the revenues of which will be received by the Company, run-rate production was 25,841 Boe per day (6:1) Record Q1 2025 oil, natural gas and NGL revenues of $90.0 million Including a full Q1 2025 impact of the Acquired Production, the revenues of which will be received by the Company, Q1 2025 oil, natural gas and NGL revenues were $91.6 million Q1 2025 net income of approximately $25.9 million and net income attributable to common units of approximately $17.9 million Record Q1 2025 consolidated Adjusted EBITDA of $75.5 million Including a full Q1 2025 impact of the Acquired Production, the revenues of which will be received by the Company, consolidated Adjusted EBITDA was $77.1 million On May 7, 2025, Kimbell redeemed 50% of its Series A Cumulative Convertible Preferred Units outstanding, further simplifying its capital structure and reducing its cost of capital On May 1, 2025, the borrowing base and aggregate commitments on Kimbell's secured revolving credit facility were increased from $550 million to $625 million in connection with its spring redetermination As of March 31, 2025, Kimbell's major properties3 had 8.10 net DUCs and net permitted locations on its acreage (4.67 net DUCs and 3.43 net permitted locations) compared to an estimated 6.5 net wells needed to maintain flat production As of March 31, 2025, Kimbell had 90 rigs actively drilling on its acreage, representing approximately 16% market share of all land rigs drilling in the continental United States as of such time Announced a Q1 2025 cash distribution of $0.47 per common unit, an increase of 17.5% from Q4 2024, reflecting a payout ratio of 75% of cash available for distribution; implies a 15.8% annualized yield based on the May 7, 2025 closing price of $11.88 per common unit; Kimbell intends to utilize the remaining 25% of its cash available for distribution to repay a portion of the outstanding borrowings under Kimbell's revolving credit facility Kimbell affirms its financial and operational guidance ranges for 2025 previously disclosed in its Q4 2024 earnings release Robert Ravnaas, Chairman and Chief Executive Officer of Kimbell Royalty GP, LLC, Kimbell's general partner (the "General Partner"), commented, "We are beginning 2025 with several new milestones for Kimbell, which include records for oil, natural gas and NGL revenues, consolidated adjusted EBITDA and cash available for distribution for Q1 2025.
Positive
Zacks Investment Research
1 month ago
Kimbell Royalty (KRP) Reports Next Week: Wall Street Expects Earnings Growth
Kimbell Royalty (KRP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Seeking Alpha
2 months ago
Kimbell Royalty's Distribution Can Be The Key To Your Income-Focused Portfolio
Kimbell Royalty's Distribution Can Be The Key To Your Income-Focused Portfolio
Neutral
Seeking Alpha
2 months ago
Two 10%+ Dividends To Access Stress-Free Cash Flows
The emergence of tariffs have brought value/quality into the spotlight. Investors are flocking to value, which makes sense. However, investing in value does not necessarily have to be geared towards the lowest yielding and ultra-defensive plays.
Positive
Benzinga
2 months ago
Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 8% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Positive
Seeking Alpha
2 months ago
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.
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