KRP
Price:
$14.77
Market Cap:
$1.46B
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 ...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2017-02-03
Stock Exchange
NYSE
Ticker
KRP
According to Kimbell Royalty Partners, LP’s latest financial reports and current stock price. The company's current Current Ratio is 5.12. This represents a change of -16.79% compared to the average of 6.15 of the last 4 quarters.
The mean historical Current Ratio of Kimbell Royalty Partners, LP over the last ten years is 5.51. The current 5.12 Current Ratio has changed 9.19% with respect to the historical average. Over the past ten years (40 quarters), KRP's Current Ratio was at its highest in in the December 2018 quarter at 9.90. The Current Ratio was at its lowest in in the June 2016 quarter at 0.
Average
5.51
Median
5.95
Minimum
1.13
Maximum
9.90
Discovering the peaks and valleys of Kimbell Royalty Partners, LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 397.72%
Maximum Annual Current Ratio = 9.90
Minimum Annual Increase = -50.38%
Minimum Annual Current Ratio = 1.13
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 8.64 | 29.15% |
| 2024 | 6.69 | -15.83% |
| 2023 | 7.95 | 98.37% |
| 2022 | 4.01 | 149.84% |
| 2021 | 1.60 | -50.38% |
| 2020 | 3.23 | -48.51% |
| 2019 | 6.28 | -36.60% |
| 2018 | 9.90 | 75.75% |
| 2017 | 5.63 | 397.72% |
| 2016 | 1.13 | 5.92% |
The current Current Ratio of Kimbell Royalty Partners, LP (KRP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.76
5-year avg
5.78
10-year avg
5.51
Kimbell Royalty Partners, LP’s Current Ratio is less than Dorchester Minerals, L.P. (16.61), greater than NextDecade Corporation (0.40), greater than FLEX LNG Ltd. (2.72), greater than Flowco Holdings Inc. (3.09), greater than Innovex International, Inc. (5.10), greater than World Kinect Corporation (1.05), greater than Vermilion Energy Inc. (0.63), greater than Natural Resource Partners L.P. (2.09), greater than Global Partners LP (1.12), less than Terrestrial Energy Inc. (54.82),
| Company | Current Ratio | Market cap |
|---|---|---|
| 16.61 | $1.21B | |
| 0.40 | $1.95B | |
| 2.72 | $1.61B | |
| 3.09 | $2.11B | |
| 5.10 | $1.76B | |
| 1.05 | $1.60B | |
| 0.63 | $1.51B | |
| 2.09 | $1.34B | |
| 1.12 | $1.45B | |
| 54.82 | $703.94M |
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