KRP

Kimbell Royalty (KRP) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.

Record Q3 2026 Daily Production of 27,565 Boe/d (6:1) Kimbell Gave Notice to Redeem 50% of the Remaining Series A Cumulative Convertible Preferred Units (the "Preferred Units"); After Closing, the Remaining Outstanding Preferred Units Will Be Less Than 3% of Kimbell's $2.8 Billion Enterprise Value 1 Borrowing Base and Elected Commitments on Kimbell's Secured Revolving Credit Facility Increased from $660 Million to $750 Million Activity on Acreage Remains Robust with 93 Active Rigs Drilling Representing 16% 2 Market Share of U.S. Land Rig Count, an Increase of 2 Rigs from Q2 2026 and Record Line-of-Sight Wells Announces Q3 2026 Cash Distribution of $0.45 per Common Unit FORT WORTH, Texas, Nov. 5, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Partnership"), a leading owner of oil and natural gas mineral and royalty interests in more than 137,000 gross wells across 28 states, today announced financial and operating results for the quarter ended September 30, 2026.  Third Quarter 2026 Highlights Record Q3 2026 daily production of 27,565 barrels of oil equivalent ("Boe") per day (6:1) Includes 41 days of production from the Company's $221.2 million Drop Down acquisition (the "Acquired Production"), which closed on August 21, 2026 with an effective date of June 1, 2026 Following the closing of the Acquired Production on August 21, 2026, run-rate production was 28,910 Boe per day (6:1) Q3 2026 oil, natural gas and NGL revenues of $96.9 million Including the Acquired Production from the effective date through September 30, 2026, Q3 2026 oil, natural gas and NGL revenues were $104.6 million Q3 2026 net income of approximately $17.3 million and net income attributable to common units of approximately $12.4 million Q3 2026 consolidated Adjusted EBITDA of $80.4 million Including the Acquired Production from the effective date through September 30, 2026, Q3 2026 consolidated Adjusted EBITDA was $87.5 million On October 15, 2026, the borrowing base and elected commitments on Kimbell's secured revolving credit facility increased from $660 Million to $750 Million On October 16, 2026, Kimbell gave notice to redeem 50% of the remaining Preferred Units.

Five smaller dividend stocks are quietly paying above 6% right now, but the headline yield is the least interesting thing about them.

KRP gears up for Q3 2026 earnings, with higher oil prices and strong revenue growth estimates in focus.

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Kimbell Royalty (KRP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The consensus price target hints at a 34.6% upside potential for Kimbell Royalty (KRP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Kimbell Royalty (KRP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

FORT WORTH, Texas, Sept. 8, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 137,000 gross wells across 28 states, today announced that it will release its third quarter 2026 financial results on Thursday, November 5, 2026, before the market opens.

Relative to prior 2026 guidance issued with Q4 2025 earnings release, Kimbell expects: Record daily production, which at its midpoint for Q3 2026 and Q4 2026 guidance is a 10% and 15% increase, respectively, over the midpoint of prior 2026 guidance Increase in oil production mix with Permian leading all categories including revenue, production, DUCs, permits and PUDs Reduction in expected cash G&A per Boe, reflecting positive operating leverage FORT WORTH, Texas, Aug. 24, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced updated guidance for the third and fourth quarters of 2026.  The revised guidance is in connection with the previously announced closing of the purchase of mineral and royalty interests held by Mesa Royalties (portfolio companies of funds managed by NGP), in a cash and unit transaction valued at approximately $145.9 million (the "Mesa Acquisition)", and the previously announced closing of the purchase of certain oil and gas royalty interests from certain affiliated sellers in a cash and unit transaction valued at approximately $221.2 million (the "Drop Down" and, together with the Mesa Acquisition, the "Acquisitions").