KIMBELL ROYALTY PARTNERS LP (KRP) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:KRP - US49435R1023
ChartMill assigns a Buy % Consensus number of 73% to KRP. The Buy consensus is the weighted average rating of the current analysts ratings.
- Analysts have set a mean price target forecast of 18.16. This target is 49.31% above the current price.
- KRP was analyzed by 11 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about KRP.
- In the previous month the buy percentage consensus was at a similar level.
- KRP was analyzed by 11 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2026-01-12 | Citigroup | Maintains | Buy -> Buy |
| 2025-12-12 | Mizuho | Maintains | Neutral -> Neutral |
| 2025-11-24 | Keybanc | Downgrade | Overweight -> Sector Weight |
| 2025-09-03 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-04-21 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-03-31 | Mizuho | Initiate | Neutral |
| 2025-03-04 | Truist Securities | Downgrade | Buy -> Hold |
| 2025-03-04 | B of A Securities | Maintains | Underperform -> Underperform |
| 2025-01-23 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2025-01-13 | Truist Securities | Maintains | Buy -> Buy |
| 2024-10-16 | Keybanc | Maintains | Overweight -> Overweight |
| 2024-09-30 | Truist Securities | Maintains | Buy -> Buy |
| 2024-08-02 | Truist Securities | Maintains | Buy -> Buy |
| 2024-07-22 | Truist Securities | Maintains | Buy -> Buy |
| 2024-06-14 | B of A Securities | Reiterate | Underperform |
| 2024-04-22 | Keybanc | Maintains | Overweight -> Overweight |
| 2024-04-05 | Truist Securities | Maintains | Buy -> Buy |
| 2024-01-30 | Truist Securities | Initiate | Buy |
| 2024-01-24 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2024-01-11 | Keybanc | Maintains | Overweight -> Overweight |
| 2023-11-27 | Stifel | Maintains | Buy -> Buy |
| 2023-08-25 | Stifel | Maintains | Buy -> Buy |
| 2023-08-07 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2023-07-07 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2023-06-30 | Citigroup | Reiterate | Buy -> Buy |
| 2023-04-14 | Raymond James | Maintains | Strong Buy |
| 2023-04-12 | Stifel | Maintains | Buy |
| 2023-03-27 | Raymond James | Maintains | Strong Buy |
| 2023-03-07 | Keybanc | Upgrade | Sector Weight -> Overweight |
| 2023-01-26 | Raymond James | Maintains | Strong Buy |
KIMBELL ROYALTY PARTNERS LP / KRP FAQ
Can you describe the business of KIMBELL ROYALTY PARTNERS LP?
Kimbell Royalty Partners LP engages in owning and acquiring mineral and royalty interests in oil and natural gas properties. The company is headquartered in Fort Worth, Texas and currently employs 28 full-time employees. The company went IPO on 2017-02-03. The company owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basins in the continental United States, including ownership in more than 130,000 gross wells with over 51,000 wells in the Permian Basin. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, Western Virginia, northwestern Georgia, and northern Alabama. The Eagle Ford shale formation stretches across south Texas.
What is the stock price of KIMBELL ROYALTY PARTNERS LP today?
The current stock price of KRP is 12.16 USD. The price decreased by -2.41% in the last trading session.
How is the ChartMill rating for KIMBELL ROYALTY PARTNERS LP?
KRP has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 4 out of 10.