Royal Bank of Canada Acquires 144,644 Shares of Kimbell Royalty $KRP

Royal Bank of Canada increased its holdings in shares of Kimbell Royalty (NYSE:KRP) by 32.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 596,687 shares of the energy company’s stock after purchasing an additional 144,644 shares during the quarter. Royal Bank of Canada’s holdings in Kimbell Royalty were worth $8,634,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Ascentis Independent Advisors acquired a new stake in Kimbell Royalty in the 1st quarter valued at $60,000. EverSource Wealth Advisors LLC boosted its stake in shares of Kimbell Royalty by 29.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,450 shares of the energy company’s stock worth $64,000 after buying an additional 1,250 shares during the last quarter. Marex Group plc bought a new position in shares of Kimbell Royalty in the 4th quarter valued at about $118,000. Sowell Financial Services LLC bought a new position in shares of Kimbell Royalty in the 4th quarter valued at about $120,000. Finally, Tableaux LLC acquired a new stake in shares of Kimbell Royalty in the fourth quarter valued at about $120,000. Institutional investors own 25.78% of the company’s stock.

Key Stories Impacting Kimbell Royalty

Here are the key news stories impacting Kimbell Royalty this week:

• Positive Sentiment: Quarterly earnings beat expectations: Kimbell reported second-quarter earnings of $0.40 per common unit, versus the $0.23 consensus estimate, while revenue reached $112.5 million, exceeding forecasts of $93.5 million. Revenue increased 29.9% year over year, compared with $0.02 per unit in the prior-year quarter. Kimbell Royalty Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Record operating performance: Oil, natural gas and NGL revenue totaled $103.0 million, adjusted EBITDA was a record $84.9 million, and daily production averaged 25,830 barrels of oil equivalent. Production benefited from the Mesa Royalties acquisition, which closed in June and lifted the estimated run rate to 26,967 Boe per day. Kimbell Royalty Partners Announces Record Second Quarter 2026 Results
• Positive Sentiment: Distribution increased: Kimbell declared a $0.47-per-unit quarterly distribution, up approximately 15% from $0.41, implying an annualized yield near 13% based on the recent closing price. The distribution represents a 75% payout of cash available for distribution, with the remainder intended for debt repayment. Kimbell Royalty Posts Record Q2 Results, Hikes Distribution
• Positive Sentiment: Balance-sheet and capital-return support: The company’s credit-facility borrowing base and commitments rose to $660 million from $625 million, and Kimbell repurchased 500,000 common units for about $7.4 million. Robust drilling activity, with 91 rigs operating on its acreage, also supports future royalty production.
• Neutral Sentiment: Kimbell affirmed its previously issued 2026 financial and operating guidance, but expects to update it after the planned Drop Down acquisition closes. Investors should monitor commodity prices, acquisition execution and leverage as factors that could affect future distributions.

Kimbell Royalty Price Performance

NYSE:KRP opened at $14.95 on Monday. The company has a market cap of $1.61 billion, a P/E ratio of 17.80 and a beta of 0.30. The firm’s fifty day moving average price is $14.88 and its two-hundred day moving average price is $14.56. Kimbell Royalty has a one year low of $11.31 and a one year high of $15.80. The company has a debt-to-equity ratio of 0.77, a current ratio of 5.12 and a quick ratio of 5.12.

Kimbell Royalty (NYSE:KRP) last posted its earnings results on Friday, August 7th. The energy company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.17. The company had revenue of $112.48 million during the quarter, compared to analysts’ expectations of $93.45 million. Kimbell Royalty had a net margin of 27.17% and a return on equity of 15.36%. Kimbell Royalty’s quarterly revenue was up 29.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.02 EPS. Equities analysts expect that Kimbell Royalty will post 0.81 earnings per share for the current year.

Kimbell Royalty Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Shareholders of record on Monday, August 17th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 12.6%. This is a boost from Kimbell Royalty’s previous quarterly dividend of $0.41. The ex-dividend date is Monday, August 17th. Kimbell Royalty’s dividend payout ratio (DPR) is 195.24%.

Analyst Ratings Changes

Several analysts recently issued reports on KRP shares. Zacks Research lowered Kimbell Royalty from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd. Weiss Ratings lowered Kimbell Royalty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 14th. Finally, Royal Bank Of Canada assumed coverage on Kimbell Royalty in a research note on Friday, May 29th. They set an “outperform” rating and a $20.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $18.00.

Kimbell Royalty Company Profile

Kimbell Royalty Partners LP (NYSE: KRP) is a mineral and royalty company focused on acquiring and managing oil and natural gas royalty interests in the United States. As a master limited partnership, Kimbell Royalty generates fee-like revenues by collecting royalties and overriding royalty interests on production volumes, without directly bearing the capital or operating costs of drilling and completion activities. The partnership’s business model emphasizes steady cash flows and limited downside exposure to commodity price fluctuations.

The company’s asset portfolio spans multiple onshore basins, with a core concentration in Texas and New Mexico.