Kimbell Royalty Partners, LP stock | Price target for 2026, price & analyst rating

Kimbell Royalty Part...

NYSE:KRP

$ 14,71

+ $0,08 (0,55%)

14,71 $

+$0,08 (0,55%)

End-of-day quote: 03/27/2026

Kimbell Royalty Partners, LP Stock Value

The analyst rating for NYSE:KRP is currently Outperform.

Outperform

Kimbell Royalty Partners, LP Company Info

EPS Growth 5Y

-31,92%

Market Cap

$1,38 B

Long-Term Debt

$0,44 B

Short Interest

3,16%

Quarterly earnings

05/02/2026 (E)

Dividend

$1,58

Dividend Yield

10,73%

Founded

1998

Industry

Energy

Country

United States

ISIN Number

US49435R1023

Website

http://www.kimbellrp.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$16,50

12.17%

Last Update: 03/26/2026

Analysts: 4

Highest Price Target $21,00

Average Price Target $16,50

Lowest Price Target $13,00

In the last five quarters, Kimbell Royalty Partners, LP’s Price Target has fallen from $21,82 to $17,40 - a -20,26% decrease. Three analysts predict that Kimbell Royalty Partners, LP’s share price will increase in the coming year, reaching $16,50. This would represent an increase of 12,17%.

Top growth stocks in the energy sector (5Y.)

What does Kimbell Royalty Partners, LP do?

Kimbell Royalty Partners, LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. Oil and Gas Assets The company categorizes its oil and gas assets into two groups: mineral interests and overriding royalty interests. Mineral Interests Mineral interests are real property interests that are typically perpetual and grant ownership to all the oil and natural gas lying below the surface of the property, as well as the right to explore, dr...

Kimbell Royalty Partners, LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States.

Oil and Gas Assets

The company categorizes its oil and gas assets into two groups: mineral interests and overriding royalty interests.

Mineral Interests

Mineral interests are real property interests that are typically perpetual and grant ownership to all the oil and natural gas lying below the surface of the property, as well as the right to explore, drill and produce oil and natural gas on that property or to lease such rights to a third party. Mineral owners typically grant oil and gas leases to operators for an initial three-year term with an upfront cash payment to the mineral owners known as a lease bonus. Under the lease, the mineral owner retains a royalty interest entitling it to a cost-free percentage (usually ranging from 20-25%) of production or revenue from production. The lease can be extended beyond the initial term with continuous drilling, production or other operating activities. The company also owns royalty interests that have been carved out of mineral interests and are known as nonparticipating royalty interests.

The company combines its mineral and nonparticipating royalty assets into one category because they share many of the same characteristics due to the nature of the underlying interest. For example, it receives similar royalties from operators with respect to its mineral interests, or nonparticipating royalty interests, as long as such interests are subject to an oil and gas lease. When evaluating its business, the company's management team does not distinguish between mineral and nonparticipating royalty interests on leased acreage due to the similarity of the royalties received by the interests.

Overriding Royalty Interests

In addition to mineral interests, the company also owns overriding royalty interests, which are royalty interests that burden the working interests of a lease and represent the right to receive a fixed, cost-free percentage of production, or revenue from production from a lease. Overriding royalty interests typically remain in effect until the associated lease expires, and, because substantially all the underlying leases are perpetual, so long as production in paying quantities perpetuates the leasehold, substantially all of the company's overriding royalty interests are likewise perpetual.

The company's revenues are derived from royalty payments it receives from the operators of its properties based on the sale of oil and natural gas production, as well as the sale of NGLs that are extracted from natural gas during processing. As of December 31, 2024, there were approximately 1,400 operators actively producing on the company's acreage, with its top ten operators (Vital Energy, Occidental Petroleum, Pioneer Natural Resources Company, EP Energy E&P Company, L.P., Verdad Oil & Gas, Chesapeake Operating, Inc., EOG Resources, Inc., XTO Energy, Inc., SWN Production Company LLC, and Comstock Oil & Gas, Inc.) together accounting for approximately 41.2% of the company's revenues.

Business Strategies

The company's business strategy is to acquire additional mineral and royalty interests from third parties and leverage its relationships with its sponsors and the contributing parties to grow its business; acquire additional mineral and royalty interests from its sponsors and the contributing parties; benefit from reserve, production and cash flow growth through organic production growth and development of its mineral and royalty interests; and maintain a conservative capital structure and prudently manage its business for the long term.

Properties

Material Basins and Producing Regions

Permian Basin: The Permian Basin extends from southeastern New Mexico into West Texas and is one of the most active drilling regions in the United States. It includes three geologic provinces: the Midland Basin to the east, the Delaware Basin to the west and the Central Basin in between. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs and has been actively drilled over the past 90 years. The extensive operating history, favorable operating environment, mature infrastructure, long reserve life, multiple producing horizons, horizontal development potential and liquids-rich reserves make the Permian Basin one of the most prolific oil-producing regions in the United States. The company’s acreage underlies prospective areas for the Wolfcamp play in the Midland and Delaware Basins, the Spraberry formation in the Midland Basin and the Bone Springs formation in the Delaware Basin, which are among the most active plays in the country.

Mid-Continent: The Mid-Continent is a broad area containing hundreds of fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland and the Mississippi Lime formations. The Anadarko Basin is a structural basin centered in the western part of Oklahoma and the Texas Panhandle, extending into southwestern Kansas and southeastern Colorado. A key feature of the Anadarko Basin is the stacked geologic horizons including the Cana-Woodford and Springer shale in the SCOOP and STACK.

Terryville/Cotton Valley/Haynesville: The company owns a substantial position in the core of the Terryville Field that the Contributing Parties acquired in 2007. The company’s mineral interests are leased and operated by Range Resources Corporation/Memorial Resource Development Corp.

Appalachian Basin. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, western Virginia, northwestern Georgia, and northern Alabama. The basin's most active plays in which the company has acreage are the Marcellus Shale and Utica plays, which cover most of Pennsylvania, northern West Virginia, and eastern Ohio. In addition to the Marcellus Shale and Utica plays, there are a number of other conventional and unconventional plays to which the company has material exposure in the Appalachian Basin, including the Berea, Big Injun, Devonian, Huron, and Rhinestreet.

Eagle Ford: The Eagle Ford shale formation stretches across south Texas and includes some of the most economic and productive areas in the United States. The Eagle Ford contains significant amounts of hydrocarbons and is considered the source rock, or the original source, for much of the oil and natural gas contained in the Austin Chalk Basin. The Eagle Ford shale formation has benefitted from improvements in horizontal drilling and hydraulic fracturing.

Bakken/Williston Basin: The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana and is best known for the Bakken/Three Forks shale formations. The Bakken ranks as one of the largest oil developments in the United States in the past 40 years. Development of the Bakken became commercial on a large scale over the past ten years with the advent of horizontal drilling and hydraulic fracturing.

DJ Basin/Rockies/Niobrara: The Denver-Julesburg Basin, also known as the DJ Basin, is a geologic basin centered in eastern Colorado stretching into southeast Wyoming, western Nebraska and western Kansas. The area includes the Wattenberg Gas Field, one of the largest natural gas deposits in the United States, and the Niobrara formation. The Niobrara includes three separate zones and stretches from the DJ Basin up into the Powder River Basin in Wyoming. Development in this area is currently focused on horizontal drilling in the Niobrara and Codell formations.

Regulation

The laws and regulations have the potential to impact production on the company's properties, which could materially adversely affect its business and prospects. Numerous federal, state, and local governmental agencies, such as the Environmental Protection Agency (EPA) and the Department of the Interior (DOI), issue regulations.

History

Kimbell Royalty Partners, LP was founded in 1998. The company was incorporated in 2015.

Kimbell Royalty Partners, LP Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** - Oil and Gas Extraction: 100% **TOP 3 Markets and their Percentage Shares:** - Texas: approx. 40% - Oklahoma: approx. 25% - North Dakota: approx. 15% Kimbell Royalty Partners, LP mainly generates its revenues from oil and gas extraction. The company owns a variety of minera...

At which locations are the company’s products manufactured?

**Production:** Kimbell Royalty Partners, LP does not produce physical products. Kimbell Royalty Partners, LP is a company specializing in the acquisition and management of mineral and royalty interests in the USA. It is an energy sector company that generates revenue from the production of oil and...

What strategy does Kimbell Royalty Partners, LP pursue for future growth?

**Strategy for Future Growth:** 1. **Expansion of the Portfolio:** Kimbell Royalty Partners, LP focuses on acquiring additional mineral and royalty interests to diversify the existing portfolio and increase revenue. 2. **Optimization of Operations:** The company is focusing on optimizing its opera...

Which raw materials are imported and from which countries?

**Imported Raw Materials:** No specific imports Kimbell Royalty Partners, LP is a company mainly active in the oil and gas production sector. It owns and manages a variety of mineral and royalty interests in the United States. As Kimbell Royalty Partners' business model is based on collecting...

How strong is the company’s competitive advantage?

**Current Dividend Yield:** 10.5% (2026) **Market Capitalization:** 1.2 billion USD (2026) **Average Production Cost per Barrel:** $25 USD (estimated, 2026) Kimbell Royalty Partners, LP (NYSE:KRP) has a significant competitive advantage due to its diversification in the USA and broad spread o...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 60% (estimated for 2026 based on historical trends) **Insider Purchases/Sales:** No specific current data available, but has been stable in recent years with occasional sales. Kimbell Royalty Partners, LP has traditionally had a high institutional in...

What percentage market share does Kimbell Royalty Partners, LP have?

**Market share of Kimbell Royalty Partners, LP (KRP):** Estimate: approximately 2-3% (2026) **Major competitors and their market shares:** 1. **Black Stone Minerals, L.P. (NYSE:BSM):** around 5-6% 2. **Viper Energy Partners LP (NASDAQ:VNOM):** around 4-5% 3. **Franco-Nevada Corporation (NYSE:FNV):*...

Is Kimbell Royalty Partners, LP stock currently a good investment?

**Revenue Growth:** 8% (estimated for 2026) **Profit Growth:** 6% (estimated for 2026) **Dividend Yield:** 10% (estimated based on recent payouts) Kimbell Royalty Partners, LP is known for its stable dividend policy, making it attractive to income-oriented investors. The estimated dividend yield of...

Does Kimbell Royalty Partners, LP pay a dividend – and how reliable is the payout?

**Dividend Yield:** 10.5% (2026, estimated) **Payout Ratio:** 90% (2026, estimated) Kimbell Royalty Partners, LP is known for paying an attractive dividend. The estimated dividend yield for 2026 is 10.5%, indicating a high payout compared to the stock price. The 90% payout ratio suggests that a la...

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Kimbell Royalty Partners, LP Stock Value

Kimbell Royalty Partners, LP Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Kimbell Royalty Partners, LP do?

Kimbell Royalty Partners, LP Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Kimbell Royalty Partners, LP Stock Value

Kimbell Royalty Partners, LP Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Kimbell Royalty Partners, LP do?

Kimbell Royalty Partners, LP Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.