KRP - NYSE

Kimbell Royalty Partners, LP

Kimbell Royalty Partners, LP

KRPยทNYSE

$15.35

+0.79%
EnergyOil & Gas Exploration & Production

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.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$1.51B
EPS0.6200
P/E Ratio24.76
Earnings Date08/06/2026
Kimbell Royalty Partners, LP

Kimbell Royalty Partners, LP Fair Value Envelope

KRP ยท NYSE

Our analysis suggests that KRP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $15.35, this represents a potential HIDDEN relative to our calculated worth for Kimbell Royalty Partners, LP.

HIDDEN
Intrinsic Value
Current Price: $15.35

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$3.1B
+ Cash & Equivalents$44.0M
Firm Value$3.1B
- Debt$451.0M
Equity Value$2.7B
/ Shares Outstanding107,888,035B
DCF Value$25
UNDERVALUED BY 62%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$241.6M
$236.8M
$232.1M
$227.5M
$222.9M
$218.5M
$214.2M
$209.9M
$205.8M
$201.7M
Maintenance CapEx
-$143.9K
-$141.0K
-$138.2K
-$135.5K
-$132.8K
-$130.2K
-$127.6K
-$125.0K
-$122.6K
-$120.1K
Owner Earnings
$241.4M
$236.6M
$231.9M
$227.3M
$222.8M
$218.4M
$214.1M
$209.8M
$205.6M
$201.6M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$223.5M
$202.9M
$184.1M
$167.1M
$151.6M
$137.6M
$124.9M
$113.3M
$102.9M
$93.4M
Terminal Value represents 51.4% of Enterprise Value

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