Kimbell Royalty Partners, LP

Kimbell Royalty Partners, LPverified

KRP

Price:

$15.94

Market Cap:

$1.75B

Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres. The company's mineral and royalty interests are located in 28 states and include ownership in approximately 122,000 gross wells, including approximately 46,000 wells in the Permian Basin. It serves as the general partner of the company. The company was founded in 2013 and is based in Fort Worth, Texas.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2017-02-03

Stock Exchange

NYSE

Ticker

KRP

The PE Ratio as of September 2024 (TTM) for Kimbell Royalty Partners, LP (KRP) is 33.21

According to Kimbell Royalty Partners, LP’s latest financial reports and current stock price. The company's current PE Ratio is 33.21. This represents a change of 39.53% compared to the average of 23.80 of the last 4 quarters.

Kimbell Royalty Partners, LP (KRP) Historical PE Ratio (quarterly & annually)

How has KRP PE Ratio performed in the past?

The mean historical PE Ratio of Kimbell Royalty Partners, LP over the last ten years is 19.09. The current 33.21 PE Ratio has changed 17.30% with respect to the historical average. Over the past ten years (40 quarters), KRP's PE Ratio was at its highest in in the September 2017 quarter at 541.49. The PE Ratio was at its lowest in in the March 2019 quarter at -372.41.

Quarterly (TTM)
Annual

Average

19.09

Median

-0.90

Minimum

-54.26

Maximum

217.82

Kimbell Royalty Partners, LP (KRP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Kimbell Royalty Partners, LP PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 7.34%

Maximum Annual PE Ratio = 217.82

Minimum Annual Increase = -1624.59%

Minimum Annual PE Ratio = -54.26

Quarterly (TTM)
Annual
YearPE RatioChange
202315.0886.81%
20228.07-50.35%
202116.26-1624.59%
2020-1.07-53.16%
2019-2.28-54.09%
2018-4.96-102.28%
2017217.82-501.42%
2016-54.267.34%
2015-0.73-76.33%
2014-3.0811.98%

Kimbell Royalty Partners, LP (KRP) Average PE Ratio

How has KRP PE Ratio performed in the past?

The current PE Ratio of Kimbell Royalty Partners, LP (KRP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

13.14

5-year avg

7.21

10-year avg

19.09

Kimbell Royalty Partners, LP (KRP) PE Ratio vs. Peers

How is KRP’s PE Ratio compared to its peers?

Kimbell Royalty Partners, LP’s PE Ratio is greater than Dorchester Minerals, L.P. (11.55), greater than Sitio Royalties Corp. (-111.34), greater than Coterra Energy Inc. (13.34), greater than San Juan Basin Royalty Trust (13.14), greater than Cross Timbers Royalty Trust (7.24), greater than Black Stone Minerals, L.P. (9.24), greater than VOC Energy Trust (6.00), greater than Sabine Royalty Trust (9.88), greater than PermRock Royalty Trust (9.26), greater than North European Oil Royalty Trust (10.85), greater than Permianville Royalty Trust (7.25), greater than MV Oil Trust (6.27), greater than Mesa Royalty Trust (12.45),

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