Kimbell Royalty

KRP Energy Oil & Gas E&P

Kimbell Royalty’s revenue for fiscal 2025 (year ended December 2025) was $333.8 million, up 7.93% from fiscal 2024.

Revenue
+7.09%
EPS
−36.8%
Free cash flow
−118.5%
Total debt
+19.5%

Quarter to September 2026, against a year earlier

15.10 0.38 −2.45%
Market cap
$1.9B
P/E
19.6×
Fwd P/E
15.6×
Dividend yield
10.6%
F-score
6/9
Altman Z
n/a
Beneish M
−3.15
Dividend safety
62/100

Insider Decisions last twelve months

Sold, $m 0.19
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — 1 — — — — 1 1 — —
Insider Ownership 5.03%

Capital & Financial Ratios $m

Size
Market Cap 1,930.00
Revenue ttm 346.81
Net income ttm 96.30
Free cash flow ttm 118.94
Net debt Q 502.06
Valuation
P/E 19.61
Forward P/E 15.60
Price / sales 4.34
Forward P/S Powerpack
Price / FCF 12.67
Price / book 1.93
Financial health
Current ratio Q 3.79 (at or above 1.5: strong)
Debt / equity Q 0.69
Interest coverage Q 3.24
Growth
Revenue growth Q +7.09% (above 0%: growing)
Operating income growth Q +8.53% (above 0%: growing)
EPS, this year +28.12% (at or above 15%: strong)
EPS, next year A −3.24% (below 0%: weak)
Revenue, next year A +18.35% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +10.76%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 47.52%
10-year low 10-year high
P/S against its own 10 years 62.33%
10-year low 10-year high
P/B against its own 10 years 66.12%
10-year low 10-year high
EV/Sales against its own 10 years 63.35%
10-year low 10-year high
EV/FCF against its own 10 years 50.91%
10-year low 10-year high

Dividends

Yield
10.6%
Annual rate
1.60
Payout ratio
207.8%
Growth, 2017–25
+8.39%/yr
  1. 0.84 ’17
  2. 1.66 ’18 +98
  3. 1.58 ’19 −5
  4. 0.87 ’20 −45
  5. 1.14 ’21 +31
  6. 1.88 ’22 +65
  7. 1.73 ’23 −8
  8. 1.75 ’24 +1
  9. 1.60 ’25 −9
  10. 1.81 ’26e +13
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 31 34 44 34
Receivables 61 49 38 —
Inventory — — — —
Other 11 2 7 —
103 85 88 104
2023 2024 2025 Q'26
Payables 7 7 3 4
ST’ Debt — — — —
Other 6 6 7 23
13 13 10 27

Compound Annual Growth %

10y 5y 3y
Sales 53.21% 29.84% 10.41%
Cash Flow 56.97% 31.68% 13.94%
Earnings 0.00% 0.00% (20.60%)
Book Value 327.69% 12.85% 2.14%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.04 0.40 0.12 — —
’25 0.20 0.02 0.19 0.21 0.62
’24 0.04 0.11 0.22 (0.34) (0.12)
’23 0.36 0.23 0.19 0.14 0.91
’22 0.13 0.55 0.59 0.48 1.72
’21 (0.02) 0.04 0.04 0.44 0.51
’20 (1.29) (1.39) (0.50) (1.66) (4.85)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 66 112 86 — —
’25 84 87 81 82 334
’24 82 77 84 67 309
’23 67 61 67 99 294
’22 34 73 73 69 248
’21 22 26 32 56 136
’20 36 13 18 23 90
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 49 68 58 — —
’25 54 72 63 57 246
’24 69 63 62 57 251
’23 47 32 36 59 174
’22 36 40 52 39 167
’21 15 28 25 22 91
’20 21 15 12 14 62
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 49 24 (12) — —
’25 (169) 72 63 57 23
’24 69 63 62 57 251
’23 47 (12) (410) 59 (317)
’22 36 40 52 (102) 25
’21 15 28 25 (32) 35
’20 21 (72) 12 13 (26)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 4 31 70 108 90 136 248 294 309 334 347 +65.4% 395 403 415 +7.6%
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.0 pt
EBT (6) 1 (52) (157) (257) 43 134 87 10 98 104 n/m
EBT margin, % (171.70) 3.97 (74.38) (145.35) (284.01) 31.35 53.83 29.51 3.33 29.46 30.01 +201.2 pt
Net income (6) 1 (52) (158) (256) 42 131 83 11 100 96 n/m
Per share, $
Per share, $ Revenue 5.97 1.88 3.81 5.11 2.62 3.36 4.58 4.42 4.06 3.68 3.48 (5.2%)
Earnings (10.28) 0.07 (3.08) (3.92) (4.85) 0.56 1.75 0.93 (0.12) 0.62 0.77 n/m
Cash flow 1.80 1.15 1.80 3.81 1.80 2.26 3.08 2.62 3.29 2.71 2.34 +4.7%
Capex (0.16) (7.71) (10.90) (0.60) (2.57) (1.39) (2.61) (7.37) 0.00 (2.46) (1.14) +35.4%
Free cash flow 1.64 (6.56) (9.09) 3.21 (0.76) 0.88 0.47 (4.75) 3.29 0.25 1.19 (18.7%)
Book value 14.29 16.04 32.14 26.66 9.72 8.63 10.65 10.72 7.18 6.77 7.82 (8.0%)
Shares, m 1 16 18 21 35 40 54 67 76 91 95 +74.5%
Valuation, ×
Valuation, × P/E 0.00 235.49 0.00 0.00 0.00 26.21 7.29 15.97 0.00 18.97 19.61 30.4
P/S 3.46 8.73 3.56 3.33 3.02 4.06 3.46 3.44 4.00 3.20 4.34 4.0
P/B 1.44 1.02 0.42 0.64 0.81 1.58 1.49 1.41 2.26 1.74 1.93 1.3
EV/Sales 6.26 9.55 4.58 4.12 4.81 5.61 4.30 4.33 4.66 4.39 5.79 5.3
EV/FCF 26.17 (2.73) (1.92) 6.56 (16.50) 21.51 42.32 (4.02) 5.75 63.76 16.89 14.1
Cash, $m
Cash, $m Operating cash flow 1 19 33 81 62 91 167 174 251 246 233 +82.7%
Capex 0 (126) (201) (13) (89) (56) (141) (491) 0 (223) (114) +136.2%
Free cash flow 1 (107) (168) 68 (26) 35 25 (317) 251 23 119 +41.8%
Balance, $m
Balance, $m Working capital 0 10 34 29 20 17 56 90 73 78 76 +99.8%
Net debt 10 25 72 86 162 210 208 263 205 398 502 +50.4%
Shareholders’ equity 9 262 593 565 336 349 577 714 547 614 781 +60.6%
Returns, %
Returns, % ROA (60.50) 0.77 (10.83) (11.06) (25.49) 3.88 13.34 4.98 (0.72) 4.77 5.35 +65.3 pt
ROIC (19.25) 0.45 (4.53) (14.55) (31.51) 5.51 10.90 7.03 3.07 8.20 6.79 +27.5 pt
ROE (143.94) 0.90 (13.28) (14.34) (37.16) 6.61 24.19 9.32 (1.40) 9.65 10.51 +153.6 pt
People
People Employees 10 14 17 23 25 28 27 29 28 29 — +12.6%
Revenue/emp, $m 0.36 2.19 4.13 4.71 3.62 4.84 9.19 10.14 11.05 11.51 — +46.9%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Kimbell Royalty vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GPOR Gulfport Energy Corporation $2.7B 6.0× 6.6× −4.55% (below 0%: shrinking) +21.83% (above 0%: growing) −226.88% (below 0%: shrinking) 94.50% 38.83% Compare
TALO Talos Energy Inc. $2.5B — (loss-making) — (loss-making) +32.43% (above 0%: growing) n/m +471.14% (above 0%: growing) 100.00% 26.33% Compare
NOG Northern Oil and Gas, Inc. $2.4B — (loss-making) — (loss-making) +5.44% (above 0%: growing) +119.61% (above 0%: growing) −266.95% (below 0%: shrinking) 76.81% 47.31% Compare
BKV BKV Corporation $2.0B 6.6× 12.0× +1.57% (above 0%: growing) −44.72% (below 0%: shrinking) −1,530.03% (below 0%: shrinking) 60.28% 26.13% Compare
KRP Kimbell Royalty $1.9B 19.6× 15.6× +7.09% (above 0%: growing) −36.84% (below 0%: shrinking) −118.49% (below 0%: shrinking) 100.00% 36.27%
MNR Mach Natural Resources LP $1.7B 11.4× 8.8× +17.13% (above 0%: growing) n/m +174.08% (above 0%: growing) 0.00% 11.45% Compare
VET Vermilion Energy Inc. $1.6B — (loss-making) 16.2× +17.00% (above 0%: growing) n/m +110.78% (above 0%: growing) 67.53% 29.66% Compare
DMLP Dorchester Minerals, L.P. $1.3B 13.2× — +45.16% (above 0%: growing) +134.78% (above 0%: growing) +25.38% (above 0%: growing) 100.00% 53.65% Compare
GFR Greenfire Resources Ltd. $1.3B — (loss-making) 46.7× +21.83% (above 0%: growing) −38.00% (below 0%: shrinking) −386.50% (below 0%: shrinking) 93.25% 38.51% Compare
Median of peers $1.8B 9.0× 12.0× +17.07% +21.83% −100.75% 85.03% 34.09%

All 74 Oil & Gas E&P stocks →

Kimbell Royalty (KRP) Latest News

5 Nov

Impact 3 · · The Motley Fool transcript

25 Oct

Impact 4 · · Simply Wall St.

14 Oct

22 Sep

8 Aug

Impact 3 · · MarketBeat
Impact 3 · · Moby transcript

11 May

Impact 4 · · MarketBeat

14 Apr

13 Apr

stockrow.com/KRP · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com