Kimbell Royalty Partners LP
Research Kimbell Royalty Partners LP (KRP) on Bullrun: valuation model: fairly valued, market cap USD 1.50B, P/E 21.4, dividend yield 10.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerKRP
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas E&P
- CurrencyUSD
- Valuation signalfairly valued
- Market capUSD 1.50B
- P/E21.4
- Dividend yield10.5%
- Financial periodQ2 2026
- RevenueUSD 106.37M
- Net incomeUSD 41.04M
- Free cash flowUSD 23.96M
- Gross margin63.9%
Valuation Snapshot
Bullrun's latest valuation model marks Kimbell Royalty Partners LP as fairly valued; latest market cap is USD 1.50B; P/E is 21.4; dividend yield is 10.5%.
Peer valuation comparison
Latest P/E is 21.35x versus a Energy sector median of 14.75x (44.8% above).
Latest dividend yield is 10.51% versus a Energy sector median of 3.8% (176.6% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 333.83M | USD 99.65M | USD 22.97M | 52.9% | 0.62 | USD 43.98M | USD 445.91M | USD 0 |
| FY2024 | USD 309.31M | USD 11.07M | USD 250.71M | 50.2% | -0.11 | USD 34.17M | USD 242.72M | USD 0 |
| FY2023 | USD 267.58M | USD 83.01M | n/a | n/a | n/a | USD 30.99M | USD 296.09M | USD 0 |
| FY2022 | USD 281.96M | USD 130.79M | n/a | n/a | n/a | USD 24.64M | USD 218.52M | USD 0 |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 1.50B | 21.4 | 10.5% | 1.6 |
| 2025 | 2025-12-31 | USD 1.10B | 23.1 | 13.6% | 1.6 |
| 2024 | 2024-12-31 | USD 1.31B | n/a | 10.8% | 1.75 |
| 2023 | 2023-12-29 | USD 1.11B | 12.5 | 11.5% | 1.73 |
| 2022 | 2022-12-30 | USD 1.07B | 11.9 | 11.3% | 1.88 |
| 2021 | 2021-12-31 | USD 642.83M | 26.7 | 8.4% | 1.14 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.6 USD, yield 10.5%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.6 USD |
| FY2024 | 1.75 USD |
| FY2023 | 1.73 USD |
| FY2022 | 1.88 USD |
About Kimbell Royalty Partners LP
Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 1998 and is based in Fort Worth, Texas.
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Frequently asked questions
Is Kimbell Royalty Partners LP overvalued or undervalued?
Bullrun's valuation model currently marks Kimbell Royalty Partners LP as fairly valued.
What is Kimbell Royalty Partners LP's market cap?
Kimbell Royalty Partners LP's market capitalization is USD 1.50B.
What is Kimbell Royalty Partners LP's P/E ratio?
Kimbell Royalty Partners LP's price-to-earnings (P/E) ratio is 21.4.
Does Kimbell Royalty Partners LP pay a dividend?
Kimbell Royalty Partners LP has a dividend yield of 10.5%.
What does Kimbell Royalty Partners LP do?
Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 1998 and is based in Fort Worth, Texas.