KRP
Price:
$12.9357
Market Cap:
$1.40B
Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres. The company's mineral and royalty interests are located in 28 states and include ownership in approximately 122,000 gross wells, including approximately 46,000 wells in the Permian Basin. It serves as the general partner of the company. The company was founded in 2013 and is based in Fort Worth, Texas.
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 PE Ratio is -143.73. This represents a change of -1795.94% compared to the average of 8.47 of the last 4 quarters.
The mean historical PE Ratio of Kimbell Royalty Partners, LP over the last ten years is 29.43. The current -143.73 PE Ratio has changed -48941.62% with respect to the historical average. Over the past ten years (40 quarters), KRP's PE Ratio was at its highest in in the September 2017 quarter at 541.49. The PE Ratio was at its lowest in in the March 2019 quarter at -372.41.
Average
29.43
Median
3.67
Minimum
-54.26
Maximum
217.82
Discovering the peaks and valleys of Kimbell Royalty Partners, LP PE 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 = 7.34%
Maximum Annual PE Ratio = 217.82
Minimum Annual Increase = -1049.79%
Minimum Annual PE Ratio = -54.26
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 100.99 | 569.55% |
| 2023 | 15.08 | 86.81% |
| 2022 | 8.07 | -50.35% |
| 2021 | 16.26 | -1049.79% |
| 2020 | -1.71 | -24.82% |
| 2019 | -2.28 | -54.09% |
| 2018 | -4.96 | -102.28% |
| 2017 | 217.82 | -501.42% |
| 2016 | -54.26 | 7.34% |
| 2015 | -0.73 | -76.33% |
The current PE 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
41.38
5-year avg
27.74
10-year avg
29.43
Kimbell Royalty Partners, LP’s PE Ratio is less than Dorchester Minerals, L.P. (13.95), less than NextDecade Corporation (-8.58), less than FLEX LNG Ltd. (13.99), less than Flowco Holdings Inc. (75.71), less than Innovex International, Inc. (16.06), less than World Kinect Corporation (-3.09), less than Vermilion Energy Inc. (-10.65), less than Natural Resource Partners L.P. (9.31), less than Global Partners LP (14.24), less than Terrestrial Energy Inc. (-74.40),
| Company | PE Ratio | Market cap |
|---|---|---|
| 13.95 | $1.10B | |
| -8.58 | $1.67B | |
| 13.99 | $1.39B | |
| 75.71 | $5.84B | |
| 16.06 | $1.63B | |
| -3.09 | $1.35B | |
| -10.65 | $1.42B | |
| 9.31 | $1.38B | |
| 14.24 | $1.55B | |
| -74.40 | $791.14M |
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