
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About
Kimbell Royalty Partners LP (KRP)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/15/2025: KRP (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $17.2
1 Year Target Price $17.2
3 | Strong Buy |
0 | Buy |
2 | Hold |
1 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -3.61% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.41B USD | Price to earnings Ratio - | 1Y Target Price 17.2 |
Price to earnings Ratio - | 1Y Target Price 17.2 | ||
Volume (30-day avg) 6 | Beta 0.45 | 52 Weeks Range 10.32 - 15.15 | Updated Date 10/14/2025 |
52 Weeks Range 10.32 - 15.15 | Updated Date 10/14/2025 | ||
Dividends yield (FY) 12.84% | Basic EPS (TTM) -0.06 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 12.68% | Operating Margin (TTM) 48.94% |
Management Effectiveness
Return on Assets (TTM) 6.09% | Return on Equity (TTM) 4.44% |
Valuation
Trailing PE - | Forward PE 9.12 | Enterprise Value 1691129658 | Price to Sales(TTM) 4.52 |
Enterprise Value 1691129658 | Price to Sales(TTM) 4.52 | ||
Enterprise Value to Revenue 5.41 | Enterprise Value to EBITDA 8.77 | Shares Outstanding 93396488 | Shares Floating 88333464 |
Shares Outstanding 93396488 | Shares Floating 88333464 | ||
Percent Insiders 3.6 | Percent Institutions 32.77 |
Upturn AI SWOT
Kimbell Royalty Partners LP
Company Overview
History and Background
Kimbell Royalty Partners LP (KRP) was formed in 2017. It focuses on acquiring and managing oil and natural gas mineral and royalty interests in the United States. It has grown through acquisitions and organic development, consolidating a fragmented market.
Core Business Areas
- Mineral and Royalty Interests: Acquisition and ownership of mineral and royalty interests in producing oil and natural gas wells. Revenue is generated from royalties paid on production from these properties.
Leadership and Structure
Kimbell Royalty GP, LLC is the general partner. The CEO is Bob Ravnaas, and the CFO is Blayne Rhynsburger. The organizational structure is typical of a master limited partnership (MLP), with a board of directors overseeing the general partner.
Top Products and Market Share
Key Offerings
- Oil and Gas Royalty Interests: KRP's primary offering is its portfolio of royalty interests in oil and natural gas wells across various basins in the U.S. These interests provide a passive income stream based on production. Competitors include Black Stone Minerals, LP (BSM), and Viper Energy Partners LP (VNOM). Market share data is variable and dependent on the specific region and asset class. Hard to pinpoint specific numbers as royalty percentages also vary significantly.
Market Dynamics
Industry Overview
The oil and gas royalty interest market is fragmented and cyclical, influenced by commodity prices, production levels, and regulatory changes. It is a capital-intensive industry.
Positioning
Kimbell Royalty Partners LP is positioned as a consolidator in the mineral and royalty interest market, aiming to acquire and manage a diverse portfolio of assets to generate stable cash flow. Its competitive advantage lies in its scale and expertise in managing royalty interests.
Total Addressable Market (TAM)
The TAM is difficult to quantify precisely due to the fragmented nature of the mineral and royalty market. Billions of dollars in royalty interests are transacted annually. KRP is positioned to capture a portion of this market through its acquisition strategy.
Upturn SWOT Analysis
Strengths
- Diversified asset base across multiple basins
- Experienced management team
- Proven track record of acquisitions
- Stable cash flow generation from royalty interests
Weaknesses
- Dependence on commodity prices
- Exposure to regulatory risks
- Potential for production declines
- MLP structure can complicate tax implications
Opportunities
- Further consolidation of the mineral and royalty interest market
- Expansion into new basins
- Increased production from existing properties
- Potential for higher commodity prices
Threats
- Decline in commodity prices
- Increased regulatory scrutiny
- Competition from other royalty aggregators
- Technological advancements that reduce the need for oil and gas
Competitors and Market Share
Key Competitors
- BSM
- VNOM
- RRR
Competitive Landscape
KRP competes with other royalty aggregators based on asset quality, geographic diversification, and acquisition capabilities. KRP's advantages include its scale and experienced management team. Black Stone Minerals is a much larger competitor, but each focuses in slightly different regions. Viper Energy is another key player, particularly in the Permian Basin.
Major Acquisitions
Royalties acquired from Phillips Energy Partners
- Year: 2023
- Acquisition Price (USD millions): 340
- Strategic Rationale: Expanded Permian Basin footprint and increased exposure to high-growth areas.
Growth Trajectory and Initiatives
Historical Growth: KRP's historical growth has been driven by acquisitions and organic production growth. Growth rates have varied depending on market conditions and acquisition activity.
Future Projections: Future growth projections depend on commodity price forecasts, production estimates, and acquisition plans. Analyst estimates are available from financial data providers.
Recent Initiatives: Recent initiatives may include acquisitions of new royalty interests, cost-cutting measures, and hedging strategies to mitigate commodity price risk. Needs to be updated using the most recent annual and quarterly reports.
Summary
Kimbell Royalty Partners LP is a company focused on acquiring and managing oil and gas royalty interests, offering investors exposure to the energy sector. KRP's performance hinges on commodity prices and production levels, which are subject to volatility. KRP's strength lies in its acquisition strategy and diversified asset base. The company needs to closely monitor regulatory risks and commodity price fluctuations to ensure sustainable cash flow generation.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Kimbell Royalty Partners LP Investor Relations
- SEC Filings
- Yahoo Finance
- Company Press Releases
- Third-Party Financial Data Providers
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice, and readers should conduct their own research before making investment decisions. Market share data is approximate and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Kimbell Royalty Partners LP
Exchange NYSE | Headquaters Fort Worth, TX, United States | ||
IPO Launch date 2017-02-03 | Chairman of the Board & CEO of Kimbell Royalty GP LLC Mr. Robert Dean Ravnaas | ||
Sector Energy | Industry Oil & Gas E&P | Full time employees - | Website https://www.kimbellrp.com |
Full time employees - | Website https://www.kimbellrp.com |
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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.