Kimbell Royalty Partners, LP (NYSE:KRP) Q2 2024 Results Conference Call August 1, 2024 11:00 AM ET Company Participants Rick Black - IR Bob Ravnaas - Chairman & CEO Davis Ravnaas - President & CFO Matt Daly - COO Blayne Rhynsburger - Controller Conference Call Participants Tim Rezvan - KeyBanc Capital Markets Julian Broche - Truist Securities Operator Greetings, and welcome to Kimbell Royalty Partners Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being re ...

Kimbell Royalty (KRP) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -54.17%. A quarter ago, it was expected that this company would post earnings of $0.19 per share when it actually produced earnings of $0.04, delivering a surprise of -78.95%. Over the last four quarters, the compa ...

Exhibit 99.1 NEWS RELEASE KIMBELL ROYALTY PARTNERS Kimbell Royalty Partners Announces Second Quarter 2024 Results Q2 2024 Run-Rate Daily Production of 24,110 Boe/d (6:1) Exceeds Mid-Point of Guidance Activity on Acreage Remains Robust with 91 Active Rigs Drilling Representing 16% Market Share of U.S. Land Rig Count Record Low Cash G&A per BOE Below Low-End of Guidance Announces Q2 2024 Cash Distribution of $0.42 per Common Unit FORT WORTH, Texas, August 1, 2024 – Kimbell Royalty Partners, LP (NYSE: KRP) ("K ...

Co-authored with Hidden Opportunities. There are many sources of royalties. Here are some of the most common types: Minerals and Metals: Landowners who own mineral resources such as gold, silver, and other valuable metals and minerals collect royalties from mining activity. Business Financing: Investors often provide capital to new businesses on royalty terms, where a percentage of every sale made by the business goes to the investor's pocket. Dragon Claws/iStock via Getty Images Royalties are payments made ...

While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice. Here's What You Should Know About Analysts' Price Targets While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly op ...

The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: Investors have been betting on Kimbell Royalty because of its solid estimate revisions, as evident from the stock's 6% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away. The company is expected to earn $0.92 per share for the full year, which represents a change of +1.1% from the prior-year number. Analysts' growing optimism ...

Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness. However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened ...

FORT WORTH, Texas, June 4, 2024 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 129,000 gross wells across 28 states, today announced that it will release its second quarter 2024 financial results on Thursday, August 1, 2024, before the market opens. Kimbell will also declare its second quarter 2024 distribution concurrent with this release. In conjunction with the earnings release, Kimbell has scheduled ...

FORT WORTH, Texas, May 20, 2024 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) is saddened to announce the passing of board member Ben J. Fortson. Mr. Fortson had nearly 60 years of experience in the oil and gas industry and served as President and Chief Executive Officer of Fortson Oil Company since 1986. He also served as Chief Investment Officer and Executive Vice President of the Kimbell Art Foundation since 1975. Mr. Fortson began investing in oil and natural gas minerals and royalties in the ...

Kimbell Royalty Partners, LP (NYSE:KRP) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Rick Black - IR Bob Ravnaas - Chairman & CEO Davis Ravnaas - President & CFO Matthew Daly - COO Blayne Rhynsburger - Controller Conference Call Participants Nate Pendleton - Stifel Trafford Lamar - Raymond James Tim Rezvan - KeyBanc Capital Markets Neal Dingmann - Truist Securities Operator Greetings, and welcome to Kimbell Royalty Partners First Quarter Earnings Conference Call. [Operator In ...