Kimbell Royalty Partners Common Units Representing Limited Partner Interests (KRP)
15.39
-0.22 (-1.41%)
Kimbell Royalty Partners is a publicly traded company that specializes in acquiring and managing a diverse portfolio of mineral and royalty interests in oil and natural gas properties across the United States
By focusing on the strategic acquisition of these interests, Kimbell generates revenue primarily through leasing and production royalties from the extraction of hydrocarbons. The company aims to provide investors with a stable income stream derived from the energy sector while capitalizing on the growing demand for energy resources. Through its operations, Kimbell plays a significant role in the energy value chain, connecting landowners with production companies in the oil and gas industry.
KRP stock results show that Kimbell Royalty Partners missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.
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By the end of today, November 20, 2023, Kimbell Royalty Partners (NYSEKRP) is set to deliver a dividend payout of $0.51 per share, equating to an annualized dividend yield of 12.66%.
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