More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
Market cap
$1.58B
EPS
0.46
P/E ratio
33.4
Price to sales
5.26
Dividend yield
11.156%
Beta
0.288119
Previous close
$14.77
Today's open
$14.90
Day's range
$14.66 - $15.11
52 week range
$11.31 - $15.80
show more
CEO
Robert D. Ravnaas
Employees
29
Headquarters
Fort Worth, TX
Exchange
New York Stock Exchange
Shares outstanding
107774590
Issue type
Limited Partnership
Energy
Fossil Fuels
Kimbell Royalty Partners Closes $145.9 Million Permian Basin Mineral and Royalty Acquisition from Mesa Royalties
FORT WORTH, Texas, June 22, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced that it has closed the previously announced purchase of mineral and royalty interests (the "Acquired Assets") held by Mesa Royalties (portfolio companies of funds managed by NGP), in a cash and unit transaction valued at approximately $145.9 million1 (the "Acquisition"). The purchase price for the Acquisition was comprised of $44.0 million in cash (approximately 30% of the total consideration) and approximately 6.9 million newly issued common units of Kimbell Royalty Operating, LLC ("OpCo") valued at $101.9 million.
PRNewsWire • Jun 22, 2026

Kimbell Royalty Partners: It's Still A Buy, But Valuation Demands Extra Caution
Kimbell Royalty Partners LP continues to deliver robust returns and maintains a buy rating despite valuation nearing its updated target price of $17.34. KRP's asset-light, low-cost model and expanding Permian Basin exposure underpin resilience amid oil and gas market volatility and commodity price swings. Stable production volumes, expanding acreage, and prospective natural gas demand from data centers support KRP's long-term growth outlook.
Seeking Alpha • Jun 11, 2026

Kimbell Royalty Partners Announces Date for Second Quarter 2026 Earnings Release and Conference Call
FORT WORTH, Texas, June 10, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 133,000 gross wells across 28 states, today announced that it will release its second quarter 2026 financial results on Friday, August 7, 2026, before the market opens. Kimbell will also declare its second quarter 2026 distribution concurrent with this release.
PRNewsWire • Jun 10, 2026

I'm Sharing 2 Of My Top Dividend Picks
The world constantly changes and disrupts industries and careers. Some things remain foundational, and their demand remains sticky despite transformational changes. We tap into the essentials and harness their inelasticity for our passive income needs.
Seeking Alpha • Jun 8, 2026

Kimbell Royalty Partners: Permian Basin Acquisition Slightly Increases Its Oil Cut
Kimbell is making a $147 million Permian Basin acquisition of mineral and royalty interests, with the consideration roughly 30% cash and 70% equity. It expects forward-year production of 1,390 BOEPD (54% oil) from those assets. This adds around 9% to its oil production. Kimbell's unit count is increasing by approximately 6% from the deal, and its distributable cash flow may increase by around 1% per unit.
Seeking Alpha • May 31, 2026

I Demand More Passive Income: Yields Up To 11%
Consumer preferences and industries constantly evolve. Own businesses tied to enduring necessities for sustainable passive income. From essential retail to energy infrastructure, we highlight sectors supported by persistent real-world demand.
Seeking Alpha • May 22, 2026

Kimbell Royalty Partners, LP Announces $147 Million Permian Basin Mineral and Royalty Acquisition from Mesa Royalties
HIGHLIGHTS Expected to be immediately accretive to distributable cash flow per unit1 Transaction expected to be funded with approximately 70% newly issued OpCo units directly to seller and 30% cash Targeted oil and natural gas mineral and royalty interests located across the Permian Basin, with over 2,300 gross producing wells and over 600 undeveloped locations Estimated $23.3 million of NTM cash flow at strip pricing as of May 15, 20262 FORT WORTH, Texas, May 19, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced that it has agreed to acquire mineral and royalty interests ("acquired assets") from Mesa Royalties (portfolio companies of funds managed by NGP), in a cash and unit transaction valued at approximately $147.0 million3, subject to purchase price adjustments and other customary closing adjustments (the "Acquisition"). The purchase price for the Acquisition is comprised of $44.0 million in cash (approximately 30% of the total consideration) and approximately 6.9 million newly issued common units of Kimbell Royalty Operating, LLC ("OpCo") valued at $103.0 million.
PRNewsWire • May 19, 2026

The Iran War Sent Oil Above $100. These 3 Royalty Trusts Are Quietly Paying Double Digit Yields Because of It
[key points] Oil is back in the headlines, and royalty trusts are quietly soaking up the rebound.
24/7 Wall Street • May 14, 2026

Kimbell Royalty (KRP) Just Overtook the 20-Day Moving Average
From a technical perspective, Kimbell Royalty (KRP) is looking like an interesting pick, as it just reached a key level of support. KRP recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Zacks Investment Research • May 13, 2026

Undercovered Dozen: Bank Of America, Plug Power, Dycom And More
The Undercovered Dozen series spotlights 12 lesser-covered stocks from the past week on Seeking Alpha. This week's edition covers articles published between May 1 and May 7, offering fresh investment ideas. The focus is on stocks that may offer unique opportunities due to limited analyst coverage.
Seeking Alpha • May 13, 2026

¹ Disclosures

Open an M1 investment account to buy and sell Kimbell Royalty Partners Representing Limited Partner Interests commission-free¹. Build wealth for the long term using automated trading and transfers.