Kimbell Royalty Partners Price, Forecast, Insider, Ratings, Fundamentals & Signals

Record q1 2024 run-rate daily production of 24,678 boe/d (6:1)exceeds mid-point of guidance record q1 2024 oil, natural gas and ngl revenues and adjusted ebitda activity on acreage remains robust with 98 active rigs drilling representing 16% 1  market share of u.s. land rig count announces q1 2024 cash distribution of $0.49 per common unit fort worth, texas, may 2, 2024 /prnewswire/ -- kimbell royalty partners, lp (nyse: krp) ("kimbell" or the "company"), a leading owner of oil and natural gas mineral and royalty interests in over 129,000 gross wells across 28 states, today announced financial and operating results for the quarter ended march 31, 2024.  first quarter 2024 highlights record q1 2024 run-rate daily production of 24,678 barrels of oil equivalent ("boe") per day (6:1), an increase of 1...

Fort worth, texas, march 21, 2024  /prnewswire/ -- kimbell royalty partners, lp (nyse: krp) ("kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 129,000 gross wells across 28 states, today announced that it will release its first quarter 2024 financial results on thursday, may 2, 2024, before the market opens. kimbell will also declare its first quarter 2024 distribution concurrent with this release.

Fort worth, texas , feb. 21, 2024 /prnewswire/ -- kimbell royalty partners, lp (nyse: krp) ("kimbell royalty partners" or "kimbell"), a leading owner of oil and natural gas mineral and royalty interests in approximately 17 million gross acres in 28 states, today announced that kimbell filed its annual report on form 10-k ("annual report") for the fiscal year ended december 31, 2023 with the u.s. securities and exchange commission ("sec"). kimbell's annual report is available through its website at http://kimbellrp.investorroom.com/financial-reports, as well as on the sec's website at www.sec.gov.

Record q4 23 run-rate daily production of 24,332 boe/d (6:1) exceeds high end of guidance; represents organic growth of 3.4% between q3 2023 and q4 2023 activity on acreage remains robust with 98 active rigs drilling representing 16% 1  market share of u.s. land rig count superior five-year annual average pdp decline rate of 14% requires only an estimated 5.8 net wells annually to maintain flat production compared to 8.4 net line-of-site wells increase in borrowing base on secured revolving credit facility to $550 million; conservative balance sheet with net debt to trailing twelve month consolidated adjusted ebitda of 1.0x announces q4 2023 cash distribution of $0.43 per common unit fort worth, texas, feb...

Fort worth, texas , dec. 21, 2023 /prnewswire/ -- kimbell royalty partners, lp (nyse: krp) ("kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 127,000 gross wells across 28 states, today announced that it will release its fourth quarter 2023 financial results on wednesday, february 21, 2024, before the market opens. kimbell will also declare its fourth quarter 2023 distribution concurrent with this release.

Kimbell Royalty (KRP) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.36 per share a year ago.

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Kimbell is projected to generate $2.38 per unit in distributable 2024 cash flow at the current strip. At a 75% payout ratio, this translates into a $0.44 to $0.45 per unit quarterly distribution. Kimbell's production guidance midpoint was slightly below my expectations.

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The mean of analysts' price targets for Kimbell Royalty (KRP) points to a 33.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

FORT WORTH, Texas, March 21, 2024  /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 129,000 gross wells across 28 states, today announced that it will release its first quarter 2024 financial results on Thursday, May 2, 2024, before the market opens. Kimbell will also declare its first quarter 2024 distribution concurrent with this release.

Kimbell Royalty Partners, LP (KRP) Q4 2023 Earnings Call Transcript

Kimbell Royalty (KRP) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.48 per share a year ago.

Kimbell Royalty (KRP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FORT WORTH, Texas , Dec. 21, 2023 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 127,000 gross wells across 28 states, today announced that it will release its fourth quarter 2023 financial results on Wednesday, February 21, 2024, before the market opens. Kimbell will also declare its fourth quarter 2023 distribution concurrent with this release.