Risk factor
Low price volatility
Profitability factor
Solid dividends
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Steven Cohen | Point72 Asset Management, L.P. | 0.0% | -0.01% |
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.0% | -0.00% |
About
Kimbell Royalty Partners, LP (KRP) and its affiliates are dedicated to acquiring and owning mineral and royalty interests in crude oil and natural gas properties across the United States. As of December 31, 2021, its comprehensive portfolio included approximately 11.4 million gross acres of mineral and royalty interests, alongside an additional 4.7 million gross acres representing overriding royalty interests. These holdings are geographically widespread, covering 28 states, and encompass ownership stakes in an estimated 122,000 gross wells. Notably, a significant portion of these — around 46,000 wells — are located within the highly productive Permian Basin. Kimbell Royalty Partners itself fulfills the role of general partner. The firm was established in 2013 and maintains its corporate headquarters in Fort Worth, Texas.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of KRP is 19.9 and suggests 30.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre