Royal Bank of Canada Has $8.63 Million Stock Position in Kimbell Royalty $KRP

Royal Bank of Canada increased its position in shares of Kimbell Royalty (NYSE:KRP) by 32.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 596,687 shares of the energy company’s stock after acquiring an additional 144,644 shares during the quarter. Royal Bank of Canada owned about 0.55% of Kimbell Royalty worth $8,634,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in KRP. Ascentis Independent Advisors acquired a new stake in Kimbell Royalty in the first quarter worth about $60,000. EverSource Wealth Advisors LLC lifted its position in Kimbell Royalty by 29.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,450 shares of the energy company’s stock valued at $64,000 after purchasing an additional 1,250 shares during the period. 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 acquired a new stake in shares of Kimbell Royalty during the 4th quarter worth approximately $120,000. Finally, Tableaux LLC bought a new stake in shares of Kimbell Royalty during the fourth quarter worth approximately $120,000. Institutional investors own 25.78% of the company’s stock.

Key Kimbell Royalty News

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 Stock Down 0.2%

NYSE:KRP opened at $14.95 on Monday. Kimbell Royalty has a 1 year low of $11.31 and a 1 year high of $15.80. The company has a current ratio of 5.12, a quick ratio of 5.12 and a debt-to-equity ratio of 0.77. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 17.80 and a beta of 0.30. The stock has a 50-day moving average price of $14.88 and a two-hundred day moving average price of $14.56.

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

Kimbell Royalty Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 17th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 12.6%. The ex-dividend date of this dividend is Monday, August 17th. This is a positive change from Kimbell Royalty’s previous quarterly dividend of $0.41. Kimbell Royalty’s dividend payout ratio (DPR) is currently 195.24%.

Wall Street Analysts Forecast Growth

KRP has been the topic of a number of recent research reports. Zacks Research cut shares of Kimbell Royalty from a “hold” rating to a “strong sell” rating in a research note on Monday, August 3rd. Weiss Ratings cut shares of 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 initiated coverage on Kimbell Royalty in a research report on Friday, May 29th. They issued an “outperform” rating and a $20.00 price target on the stock. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target 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.