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Kimbell Royalty Partners LP KRP

Morningstar Rating
$16.00 −0.04 (0.25%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

KRP is trading at a 7% discount.
Price
$15.87
Fair Value
$94.16
Uncertainty
High
1-Star Price
$51.61
5-Star Price
$52.24
Economic Moat
Qqhs
Capital Allocation
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News

Trading Information

Previous Close Price
$16.04
Day Range
$15.9516.03
52-Week Range
$14.0417.14
Bid/Ask
$15.98 / $16.01
Market Cap
$1.20 Bil
Volume/Avg
14,810 / 313,630

Key Statistics

Price/Earnings (Normalized)
13.18
Price/Sales
5.46
Dividend Yield (Trailing)
10.47%
Dividend Yield (Forward)
10.47%
Total Yield
10.49%

Company Profile

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.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Value
Total Number of Employees
29

Comparables

Valuation

Metric
KRP
PDCE
CTRA
Price/Earnings (Normalized)
13.186.019.73
Price/Book Value
1.761.451.64
Price/Sales
5.461.683.65
Price/Cash Flow
8.162.816.32
Price/Earnings
KRP
PDCE
CTRA

Financial Strength

Metric
KRP
PDCE
CTRA
Quick Ratio
7.070.431.11
Current Ratio
7.950.491.21
Interest Coverage
4.2136.0123.64
Quick Ratio
KRP
PDCE
CTRA

Profitability

Metric
KRP
PDCE
CTRA
Return on Assets (Normalized)
7.63%13.91%8.50%
Return on Equity (Normalized)
13.95%28.15%13.42%
Return on Invested Capital (Normalized)
9.62%21.43%11.29%
Return on Assets
KRP
PDCE
CTRA
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Oil & Gas E&P Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
COP
ConocoPhillipsRcqjybpmrNdqwjhz$152.4 Bil
EOG
EOG Resources IncXrvsqppvQqjhfdg$77.9 Bil
PXD
Pioneer Natural Resources CoRxhlhzntjFmbzk$64.3 Bil
OXY
Occidental Petroleum CorpBxhdzynbdJxlb$60.2 Bil
HES
Hess CorpWypjsszpPzfzw$49.0 Bil
FANG
Diamondback Energy IncWfhpcthmjLtphld$36.9 Bil
DVN
Devon Energy CorpFlmpdlxpjZnjgv$33.1 Bil
MRO
Marathon Oil CorpDrfvsrrvPzxy$15.9 Bil
APA
APA CorpSlzhpwrrJdbn$12.0 Bil
AR
Antero Resources CorpLftlmdbQglm$10.1 Bil

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