What Are The Chances Of Kimbell Royalty Partners, LP (NYSE: KRP) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Kimbell Royalty Partners Announces Date for Fourth Quarter 2023 Earnings Release and Conference Call.

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Stocks Info

As a NYSE listed company, KRP falls under the Energy sector while operating within the Oil & Gas E&P industry segment. At the end of the last regular session, the stock closed at $14.98 and fluctuated between $15.18 as its day high and $14.85 as its day low. The current market capitalization of Kimbell Royalty Partners, LP is $1.42B. A total of 0.51 million shares were traded on the day, compared to an average of 405.10K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, KRP has seen 3 BUY and 1 SELL insider trades, representing the acquisition of 679,296 and the disposition of 649,296 shares. Over the last 12 months, there were 15 BUYs and 22 SELLs from insiders. Insiders purchased 1,468,297 shares during that period but sold 915,940.

In the most recent transaction, MARTIN T SCOTT bought 18,981 shares of KRP for 15.41 per share on Dec 22. After the transaction, the Director now owns 78,712 company shares. In a previous transaction on Dec 21, MARTIN T SCOTT bought 11,019 shares at 15.27 per share. KRP shares that Director owns now total 59,731.

Among the insiders who sold shares, Rhynsburger Blayne disposed of 3,000 shares on Nov 29 at a per-share price of $15.29. This resulted in the Controller holding 50,191 shares of KRP after the transaction. In another insider transaction, Wynne Mitch S. sold 20,000 shares at $14.88 per share on Jun 06. Company shares held by the Director now total 208,881.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Kimbell Royalty Partners, LP pays an annual dividend of $1.73, resulting in a dividend yield of 11.55%, and it has a price to earnings (P/E) ratio of 14.67. KRP’s most recent ex-dividend date was 11/10/2023 when it declared a $0.51 quarterly dividend that was paid in cash on 11/20/2023. Previously, the company paid the dividend on 8/21/2023 with an ex-dividend date of 8/11/2023. The KRP stock dividend was $0.39 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for KRP in the last 3 months, the mean price target is $20.86 with high estimates of $26.00 and low estimates of $17.00. In terms of 52-week highs and lows, KRP has a high of $17.11 and a low of $13.85.

As of this writing, KRP has an earnings estimate of $Kroger Company (The) per share for the current quarter. EPS was calculated based on a consensus of SPDR S&P Regional Banking ETF estimates, with a high estimate of $TC Energy Corporation per share and a lower estimate of $Kimbell Royalty Partners.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. KRP’s latest balance sheet shows that the firm has $7.05M in Cash & Short Term Investments as of fiscal 2021. There were $219.68M in debt and $28.32M in liabilities at the time. Its Book Value Per Share was $10.16, while its Total Shareholder’s Equity was $348.85M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KRP is Buy with a score of 5.00.

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