Stocks · Energy · Oil & Gas Exploration & Production

Kimbell Royalty Partners, LP KRP

$14.58 +0.83% Close, Oct 2, 2026 · NYSE · Market cap $1.44B

Strong growthHigh qualityLow risk

Next earnings report: Nov 5, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $0.65, up 161.3% year over year.
  2. Operating margin widened to 42.3% from 20.8% a year earlier.
  3. Revenue over the last four quarters was $368.1M, up 14.4% from a year earlier, accelerating from 4.7% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth94Exceptional

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 41%
  • EPS growth (TTM, YoY)Top 14%
  • FCF growth (TTM, YoY)Top 4%
  • Revenue growth, 3-year CAGRTop 38%
  • Revenue growth accelerationTop 32%
Quality90Exceptional

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 25%
  • Gross marginTop 6%
  • Operating marginTop 13%
  • Cash conversion (OCF / net income)Top 32%
  • Accruals (lower is better)Top 28%
  • Net debt / EBITDA (lower is better)Bottom 39%
  • Interest coverTop 28%
Value64Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 49%
  • Free-cash-flow yieldTop 4%
  • EBITDA / enterprise valueTop 47%
  • Sales / enterprise valueBottom 19%
  • P/E vs own 5-year history (lower is better)Top 25%
Momentum57Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 31%
  • 6-month returnTop 38%
  • 1-year return vs S&P 500Bottom 41%
  • Distance from 52-week highTop 11%
  • Trend checklist (0–4)Top 32%
Revisions80Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 30%
  • Consecutive EPS beatsTop 50%
  • Share of analysts rating BuyTop 26%
  • Upside to consensus price targetTop 41%
Stability84Strong

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 5%
  • Maximum drawdown, 3 yearsTop 26%
  • Beta vs S&P 500 (lower is better)Top 32%
  • Net debt / EBITDA (lower is better)Bottom 39%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)4.7%14.4%↑
EPS growth (YoY)441.9%161.3%↓
Gross margin64.4%82.0%↑
Operating margin20.8%42.3%↑
FCF margin6.9%64.4%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)14.4%4.7%↑Top 41%
EPS growth (TTM, YoY)161.3%441.9%↓Top 14%
Gross margin82.0%64.4%↑Top 6%
Operating margin42.3%20.8%↑Top 13%
Net margin24.2%12.3%↑—
Free-cash-flow margin64.4%6.9%↑—
Return on invested capital11.8%—Top 25%
Revenue growth, 3-year CAGR5.4%—Top 38%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.67×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-11.2%
Stock-based compensation / revenueA cost to shareholders through dilution.
8.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-2.5 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
2.07×
Interest cover (operating income / interest)How many times operating profit covers interest.
8.1×

Shareholder returns

Dividend yield (dividends paid, TTM)
11.08%
Net buyback yield (TTM)
0.69%
Shareholder yield
11.77%
Share count change, 1 year
-3.3%
Share count change, 3-year CAGR
+12.7%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
5 of 8
Average EPS surprise, last 4
+21.8%
Average 2-day reaction, last 8
+1.3%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$19.00
Target vs current price
+30.3%
Analysts with a rating
18
Share rating Buy or Strong Buy
72%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 7, 2026+73.5%+3.2%+4.1%+2.8%—
May 7, 2026-82.6%-0.5%+5.0%+5.8%+1.2%
Feb 26, 2026+50.0%+2.6%+3.0%+2.8%+8.0%
Nov 6, 2025+46.2%+0.3%+4.4%-3.0%+3.1%
Aug 7, 2025-85.7%-2.3%-2.2%-7.2%-10.3%
May 8, 2025+33.3%+7.6%+15.6%+10.4%+24.1%
Feb 27, 2025-400.0%-3.5%-12.3%-9.4%-16.8%
Nov 7, 2024+4.8%+2.7%-0.3%-2.6%-5.6%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 7, 2026$0.40$0.23+73.5%$112.5M
May 7, 2026$0.04$0.23-82.6%$82.9M
Feb 26, 2026$0.21$0.14+50.0%$82.5M
Nov 6, 2025$0.19$0.13+46.2%$80.6M
Aug 7, 2025$0.02$0.14-85.7%$86.5M
May 8, 2025$0.20$0.15+33.3%$90.3M
Feb 27, 2025-$0.48$0.16-400.0%$66.7M
Nov 7, 2024$0.22$0.21+4.8%$83.8M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)22.3×24.1×42thBottom 49%
P/E (forward)13.6×———
EV / EBITDA8.9×——Top 47%
EV / Sales5.10×——Bottom 19%
Free-cash-flow yield16.49%——Top 4%
Earnings yield4.48%——Bottom 49%

P/E over the past five years

Range 8.0× – 125.2× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+6.6%
Earnings per share growth (TTM)
+161.3%
Change in P/E multiple
-60.3%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
2
50-day average slope (20 days)
-0.3%
200-day average slope (20 days)
+1.4%
Distance from 50-day average
-1.8%
Distance from 200-day average
+1.8%
RSI (14)
47.3
Relative volume
0.52×

Risk and drawdowns

Volatility, 60 days (annualized)
18.6%
Volatility vs own 5-year history
12th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
0.29
Correlation with S&P 500
0.18
Current drawdown from 1-year high
-6.6%
Maximum drawdown, 3 years
-33.4%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jun 8, 2022Dec 19, 2025-43.3%887 daysNot yet recovered
Jun 15, 2021Aug 20, 2021-22.4%47 days17 days (Sep 15, 2021)
Dec 4, 2020Dec 28, 2020-16.6%15 days10 days (Jan 12, 2021)
Oct 20, 2021Dec 20, 2021-16.1%42 days15 days (Jan 11, 2022)
Jan 12, 2021Feb 1, 2021-13.4%13 days7 days (Feb 10, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$1.44B
P/E (TTM)
22.3
EPS, diluted (TTM)
$0.65
Revenue (TTM)
$368.1M
Dividend yield
10.97%
52-week range
$11.31 – $15.80
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$178.4M$285.0M$273.2M$310.7M$333.8M
Gross profit$131.1M$218.7M$156.4M$155.1M$313.4M
Operating income$49.3M$136.9M$109.9M$37.0M$132.8M
Net income$33.9M$111.9M$66.5M$12.3M$90.9M
EPS (diluted)$0.51$1.72$0.91-$76.16$0.46
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$74.2M$70.9M$90.3M$86.5M$80.6M$76.4M$84.2M$126.9M
Net income$22.7M-$32.5M$23.1M$26.3M$19.7M$21.8M$6.6M$41.0M
EPS (diluted)$0.22-$0.33$0.14$0.22$0.14$0.16$0.03$0.32
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$91.4M$166.6M$174.3M$250.9M$246.5M
Capital expenditure-$56.1M-$141.5M-$490.8M-$209,891-$734,000
Free cash flow$35.4M$25.2M-$316.5M$250.7M$245.7M
Dividends paid-$68.9M-$126.8M-$152.0M-$167.7M-$172.7M
Net share buybacks$55.3M$112.7M$111.0M-$316,159-$16.3M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$44.9M
Total assets
$1.33B
Total liabilities
$497.5M
Total debt
$483.3M
Net debt
$438.3M
Shareholders’ equity
$735.0M

As of Jun 30, 2026 (filed Aug 7, 2026).

Dividends

Ex-dateAmountPaid
Aug 17, 2026$0.47Aug 24, 2026
May 19, 2026$0.41May 27, 2026
Mar 18, 2026$0.37Mar 25, 2026
Nov 17, 2025$0.35Nov 24, 2025
Aug 18, 2025$0.38Aug 25, 2025
May 20, 2025$0.47May 28, 2025
Mar 18, 2025$0.40Mar 25, 2025
Nov 18, 2024$0.41Nov 25, 2024

Short interest

Shares sold short
3,667,275
Days to cover
3.48
Change vs previous report
-0.5%

FINRA short interest, settlement date Sep 15, 2026.