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KRP Stock Analysis 2026 - Kimbell Royalty Partners, LP AI Rating

KRP NYSE Crude Petroleum & Natural Gas DE CIK: 0001657788
Recently Updated • Analysis: Apr 12, 2026 • SEC Data: 2025-12-31
STRONG BUY
78% Conf
Pending
Analysis scheduled

📊 KRP Key Takeaways

Revenue: $333.8M
Net Margin: 29.9%
Free Cash Flow: $246.1M
Current Ratio: 8.64x
Debt/Equity: N/A
EPS: $-0.82
AI Rating: STRONG BUY with 78% confidence

Is KRP a Good Investment? Thesis Analysis

Claude

Kimbell Royalty Partners demonstrates exceptional fundamental strength with 29.9% net margins, $246M+ in free cash flow generation, and a fortress balance sheet (8.64x current ratio, 18.2x interest coverage). The business model delivers outstanding cash returns with minimal capital requirements, though investors must account for inherent commodity price cycle exposure.

Why Buy KRP? Key Strengths

Claude
  • + Industry-leading profitability: 39.8% operating margin and 29.9% net margin with 800%+ YoY net income growth
  • + Exceptional cash generation: 73.7% FCF margin with $246.1M free cash flow and minimal $335K capex requirements
  • + Fortress balance sheet: 8.64x current ratio, 18.2x interest coverage, and conservative leverage with only $171.6M LT debt on $1.2B assets

KRP Investment Risks to Consider

Claude
  • ! Commodity price cycle exposure: 800%+ YoY net income volatility demonstrates heavy dependence on crude oil and natural gas prices
  • ! Negative diluted EPS (-0.82) requires investigation - may indicate partnership structure issues or concerning operational metrics
  • ! Limited organic growth: 7.9% revenue growth heavily commodity-dependent rather than driven by operational expansion or volume growth

Key Metrics to Watch

Claude
  • * Commodity price trends (WTI crude oil, natural gas) - primary earnings and cash flow driver
  • * Free cash flow sustainability and capital allocation decisions (distributions to unitholders vs reinvestment)
  • * EPS metric clarification - resolve negative diluted EPS calculation and partnership structure impact

KRP Financial Metrics

Revenue
$333.8M
Net Income
$99.7M
EPS (Diluted)
$-0.82
Free Cash Flow
$246.1M
Total Assets
$1.2B
Cash Position
$44.0M

💡 AI Analyst Insight

The 73.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 8.64x current ratio provides a solid financial cushion.

KRP Profitability Ratios

Gross Margin N/A
Operating Margin 39.8%
Net Margin 29.9%
ROE N/A
ROA 8.1%
FCF Margin 73.7%

KRP vs Energy Sector

How Kimbell Royalty Partners, LP compares to Energy sector averages

Net Margin
KRP 29.9%
vs
Sector Avg 12.0%
KRP Sector
ROE
KRP 0.0%
vs
Sector Avg 14.0%
KRP Sector
Current Ratio
KRP 8.6x
vs
Sector Avg 1.3x
KRP Sector
Debt/Equity
KRP 0.0x
vs
Sector Avg 0.6x
KRP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is KRP Overvalued or Undervalued?

Based on fundamental analysis, Kimbell Royalty Partners, LP has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
N/A
Sector avg: 14%
Net Profit Margin
29.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

KRP Balance Sheet & Liquidity

Current Ratio
8.64x
Quick Ratio
8.64x
Debt/Equity
N/A
Debt/Assets
37.1%
Interest Coverage
18.19x
Long-term Debt
$171.6M

KRP 5-Year Financial Trend & Growth Analysis

KRP 5-year financial data: Year 2018: Revenue $30.3M, Net Income N/A, EPS N/A. Year 2019: Revenue $33.0M, Net Income N/A, EPS $-0.82. Year 2020: Revenue $35.9M, Net Income N/A, EPS N/A. Year 2023: Revenue $282.0M, Net Income $42.4M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Kimbell Royalty Partners, LP's revenue has grown significantly by 832% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.82 indicates the company is currently unprofitable.

KRP Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
73.7%
Free cash flow / Revenue

KRP Quarterly Performance

Quarterly financial performance data for Kimbell Royalty Partners, LP including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $80.6M $9.3M N/A
Q2 2025 $76.6M $9.3M N/A
Q1 2025 $82.2M $9.3M N/A
Q3 2024 $67.2M $9.3M N/A
Q2 2024 $60.8M $9.3M N/A
Q1 2024 $66.9M $9.3M N/A
Q3 2023 $67.2M $8.4M N/A
Q2 2023 $57.0M $8.4M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

KRP Capital Allocation

Operating Cash Flow
$246.5M
Cash generated from operations
Capital Expenditures
$335.4K
Investment in assets
Dividends
None
No dividend program

KRP SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for Kimbell Royalty Partners, LP (CIK: 0001657788)

📋 Recent SEC Filings

Date Form Document Action
Mar 24, 2026 4 xslF345X06/tm269737-1_4seq1.xml View →
Mar 9, 2026 8-K tm268356d1_8k.htm View →
Mar 5, 2026 4 xslF345X05/tm268078-6_4seq1.xml View →
Mar 5, 2026 4 xslF345X05/tm268078-5_4seq1.xml View →
Mar 5, 2026 4 xslF345X05/tm268078-4_4seq1.xml View →

Frequently Asked Questions about KRP

What is the AI rating for KRP?

Kimbell Royalty Partners, LP (KRP) has an AI rating of STRONG BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are KRP's key strengths?

Claude: Industry-leading profitability: 39.8% operating margin and 29.9% net margin with 800%+ YoY net income growth. Exceptional cash generation: 73.7% FCF margin with $246.1M free cash flow and minimal $335K capex requirements.

What are the risks of investing in KRP?

Claude: Commodity price cycle exposure: 800%+ YoY net income volatility demonstrates heavy dependence on crude oil and natural gas prices. Negative diluted EPS (-0.82) requires investigation - may indicate partnership structure issues or concerning operational metrics.

What is KRP's revenue and growth?

Kimbell Royalty Partners, LP reported revenue of $333.8M.

Does KRP pay dividends?

Kimbell Royalty Partners, LP does not currently pay dividends.

Where can I find KRP SEC filings?

Official SEC filings for Kimbell Royalty Partners, LP (CIK: 0001657788) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KRP's EPS?

Kimbell Royalty Partners, LP has a diluted EPS of $-0.82.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is KRP a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Kimbell Royalty Partners, LP has a STRONG BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is KRP stock overvalued or undervalued?

Valuation metrics for KRP: ROE of N/A (sector avg: 14%), net margin of 29.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy KRP stock in 2026?

Our dual AI analysis gives Kimbell Royalty Partners, LP a combined STRONG BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is KRP's free cash flow?

Kimbell Royalty Partners, LP's operating cash flow is $246.5M, with capital expenditures of $335.4K. FCF margin is 73.7%.

How does KRP compare to other Energy stocks?

Vs Energy sector averages: Net margin 29.9% (avg: 12%), ROE N/A (avg: 14%), current ratio 8.64 (avg: 1.3).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 12, 2026 | Data as of: 2025-12-31 | Powered by Claude AI