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Kimbell Royalty Partners LP
Buy, Hold or Sell?

Let's analyze Kimbell Royalty Partners LP together

I guess you are interested in Kimbell Royalty Partners LP. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Kimbell Royalty Partners LP. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Kimbell Royalty Partners LP (30 sec.)










What can you expect buying and holding a share of Kimbell Royalty Partners LP? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨2.08
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
‚ā¨12.17
Expected worth in 1 year
‚ā¨14.48
How sure are you?
57.9%

+ What do you gain per year?

Total Gains per Share
‚ā¨4.22
Return On Investment
27.6%

For what price can you sell your share?

Current Price per Share
‚ā¨15.30
Expected price per share
‚ā¨14.16 - ‚ā¨16.11
How sure are you?
50%
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1. Valuation of Kimbell Royalty Partners LP (5 min.)




Live pricePrice per Share (EOD)

‚ā¨15.30

Intrinsic Value Per Share

‚ā¨24.89 - ‚ā¨30.35

Total Value Per Share

‚ā¨37.06 - ‚ā¨42.52

2. Growth of Kimbell Royalty Partners LP (5 min.)




Is Kimbell Royalty Partners LP growing?

Current yearPrevious yearGrowGrow %
How rich?$990m$688m$244.6m26.2%

How much money is Kimbell Royalty Partners LP making?

Current yearPrevious yearGrowGrow %
Making money$13.5m$31.9m-$18.4m-135.6%
Net Profit Margin19.0%45.7%--

How much money comes from the company's main activities?

3. Financial Health of Kimbell Royalty Partners LP (5 min.)




4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#78 / 354

Most Revenue
#121 / 354

Most Profit
#102 / 354

Most Efficient
#106 / 354
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What can you expect buying and holding a share of Kimbell Royalty Partners LP? (5 min.)

Welcome investor! Kimbell Royalty Partners LP's management wants to use your money to grow the business. In return you get a share of Kimbell Royalty Partners LP.

What can you expect buying and holding a share of Kimbell Royalty Partners LP?

First you should know what it really means to hold a share of Kimbell Royalty Partners LP. And how you can make/lose money.

Speculation

The Price per Share of Kimbell Royalty Partners LP is ‚ā¨15.30. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Kimbell Royalty Partners LP.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Kimbell Royalty Partners LP, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨12.17. Based on the TTM, the Book Value Change Per Share is ‚ā¨0.58 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨0.78 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨0.48 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Kimbell Royalty Partners LP.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps0.110.7%0.171.1%0.422.8%-0.03-0.2%-0.03-0.2%
Usd Book Value Change Per Share-0.51-3.4%0.634.1%0.855.5%0.704.6%0.704.6%
Usd Dividend Per Share0.624.1%0.523.4%0.412.7%0.301.9%0.301.9%
Usd Total Gains Per Share0.110.7%1.157.5%1.258.2%1.006.5%1.006.5%
Usd Price Per Share15.74-15.38-16.46-12.99-12.99-
Price to Earnings Ratio34.85-23.61-9.93-5.81-5.81-
Price-to-Total Gains Ratio143.94-50.68-30.48-89.71-89.71-
Price to Book Ratio1.19-1.27-1.86-1.70-1.70-
Price-to-Total Gains Ratio143.94-50.68-30.48-89.71-89.71-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share16.67264
Number of shares59
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.520.30
Usd Book Value Change Per Share0.630.70
Usd Total Gains Per Share1.151.00
Gains per Quarter (59 shares)67.9058.71
Gains per Year (59 shares)271.59234.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
112314926270165225
2246297534140330460
3369446806210494695
44925951078280659930
561474313503518241165
673789216224219891400
78601041189449111531635
89831190216656113181870
911061338243863114832105
1012291487271070116482340

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%11.08.00.057.9%11.08.00.057.9%11.08.00.057.9%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%7.012.00.036.8%7.012.00.036.8%7.012.00.036.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%11.08.00.057.9%11.08.00.057.9%11.08.00.057.9%
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Fundamentals of Kimbell Royalty Partners LP

About Kimbell Royalty Partners LP

Kimbell Royalty Partners, LP, together with its subsidiaries, engages in acquiring and owning mineral and royalty interests in oil and natural gas properties in the United States. It serves as the general partner of the company. The company was incorporated in 2015 and is based in Fort Worth, Texas.

Fundamental data was last updated by Penke on 2024-07-03 05:03:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Kimbell Royalty Partners LP.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Kimbell Royalty Partners LP earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Kimbell Royalty Partners LP to the¬†Oil & Gas E&P industry mean.
  • A Net Profit Margin of 9.6%¬†means that¬†€0.10 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Kimbell Royalty Partners LP:

  • The MRQ is 9.6%. The company is making a profit. +1
  • The TTM is 19.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ9.6%TTM19.0%-9.4%
TTM19.0%YOY45.7%-26.7%
TTM19.0%5Y-31.3%+50.3%
5Y-31.3%10Y-31.3%0.0%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ9.6%5.6%+4.0%
TTM19.0%5.4%+13.6%
YOY45.7%22.8%+22.9%
5Y-31.3%-17.1%-14.2%
10Y-31.3%-40.1%+8.8%
1.1.2. Return on Assets

Shows how efficient Kimbell Royalty Partners LP is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Kimbell Royalty Partners LP to the¬†Oil & Gas E&P industry mean.
  • 0.7% Return on Assets means that¬†Kimbell Royalty Partners LP generated¬†€0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Kimbell Royalty Partners LP:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.7%TTM1.2%-0.5%
TTM1.2%YOY3.5%-2.4%
TTM1.2%5Y-0.4%+1.6%
5Y-0.4%10Y-0.4%0.0%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%-0.1%+0.8%
TTM1.2%0.1%+1.1%
YOY3.5%1.8%+1.7%
5Y-0.4%-1.4%+1.0%
10Y-0.4%-2.6%+2.2%
1.1.3. Return on Equity

Shows how efficient Kimbell Royalty Partners LP is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Kimbell Royalty Partners LP to the¬†Oil & Gas E&P industry mean.
  • 0.0% Return on Equity means Kimbell Royalty Partners LP generated €0.00¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Kimbell Royalty Partners LP:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.4%-0.4%
TTM-0.4%-0.4%
YOY-4.8%-4.8%
5Y--2.2%+2.2%
10Y--5.4%+5.4%
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1.2. Operating Efficiency of Kimbell Royalty Partners LP.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Kimbell Royalty Partners LP is operating .

  • Measures how much profit Kimbell Royalty Partners LP makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Kimbell Royalty Partners LP to the¬†Oil & Gas E&P industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Kimbell Royalty Partners LP:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM10.1%-10.1%
TTM10.1%YOY58.5%-48.5%
TTM10.1%5Y-27.9%+37.9%
5Y-27.9%10Y-27.9%0.0%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.8%-13.8%
TTM10.1%7.3%+2.8%
YOY58.5%30.1%+28.4%
5Y-27.9%-2.5%-25.4%
10Y-27.9%-17.0%-10.9%
1.2.2. Operating Ratio

Measures how efficient Kimbell Royalty Partners LP is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Oil & Gas E&P industry mean).
  • An Operation Ratio of 1.18 means that the operating costs are €1.18 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Kimbell Royalty Partners LP:

  • The MRQ is 1.176. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.081. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.176TTM1.081+0.095
TTM1.081YOY0.713+0.368
TTM1.0815Y1.057+0.024
5Y1.05710Y1.0570.000
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1761.130+0.046
TTM1.0811.105-0.024
YOY0.7130.754-0.041
5Y1.0571.054+0.003
10Y1.0571.179-0.122
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1.3. Liquidity of Kimbell Royalty Partners LP.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Kimbell Royalty Partners LP is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Oil & Gas E&P industry mean).
  • A Current Ratio of 8.48¬†means the company has €8.48 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Kimbell Royalty Partners LP:

  • The MRQ is 8.482. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.588. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ8.482TTM7.588+0.894
TTM7.588YOY3.081+4.506
TTM7.5885Y4.335+3.252
5Y4.33510Y4.3350.000
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ8.4821.146+7.336
TTM7.5881.142+6.446
YOY3.0811.259+1.822
5Y4.3351.383+2.952
10Y4.3351.722+2.613
1.3.2. Quick Ratio

Measures if Kimbell Royalty Partners LP is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Kimbell Royalty Partners LP to the¬†Oil & Gas E&P industry mean.
  • A Quick Ratio of 4.73¬†means the company can pay off €4.73 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Kimbell Royalty Partners LP:

  • The MRQ is 4.725. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.597. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.725TTM4.597+0.128
TTM4.597YOY2.127+2.470
TTM4.5975Y2.542+2.055
5Y2.54210Y2.5420.000
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7250.633+4.092
TTM4.5970.687+3.910
YOY2.1270.906+1.221
5Y2.5420.951+1.591
10Y2.5421.319+1.223
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1.4. Solvency of Kimbell Royalty Partners LP.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Kimbell Royalty Partners LP assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Kimbell Royalty Partners LP to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.23¬†means that Kimbell Royalty Partners LP assets are¬†financed with 23.3% credit (debt) and the remaining percentage (100% - 23.3%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Kimbell Royalty Partners LP:

  • The MRQ is 0.233. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.251. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.233TTM0.251-0.018
TTM0.251YOY0.277-0.026
TTM0.2515Y0.280-0.029
5Y0.28010Y0.2800.000
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2330.409-0.176
TTM0.2510.413-0.162
YOY0.2770.420-0.143
5Y0.2800.461-0.181
10Y0.2800.448-0.168
1.4.2. Debt to Equity Ratio

Measures if Kimbell Royalty Partners LP is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Kimbell Royalty Partners LP to the¬†Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 0.0% means that company has €0.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Kimbell Royalty Partners LP:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.619-0.619
TTM-0.612-0.612
YOY-0.632-0.632
5Y-0.812-0.812
10Y-0.764-0.764
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2. Market Valuation of Kimbell Royalty Partners LP

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Kimbell Royalty Partners LP generates.

  • Above 15 is considered overpriced but¬†always compare¬†Kimbell Royalty Partners LP to the¬†Oil & Gas E&P industry mean.
  • A PE ratio of 34.85 means the investor is paying €34.85¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Kimbell Royalty Partners LP:

  • The EOD is 36.931. Based on the earnings, the company is overpriced. -1
  • The MRQ is 34.854. Based on the earnings, the company is overpriced. -1
  • The TTM is 23.606. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD36.931MRQ34.854+2.076
MRQ34.854TTM23.606+11.248
TTM23.606YOY9.932+13.674
TTM23.6065Y5.811+17.795
5Y5.81110Y5.8110.000
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD36.931-0.138+37.069
MRQ34.854-0.094+34.948
TTM23.6060.196+23.410
YOY9.9322.554+7.378
5Y5.811-1.027+6.838
10Y5.811-1.332+7.143
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Kimbell Royalty Partners LP:

  • The EOD is 4.512. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.259. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -3.387. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD4.512MRQ4.259+0.254
MRQ4.259TTM-3.387+7.646
TTM-3.387YOY4.221-7.609
TTM-3.3875Y3.100-6.487
5Y3.10010Y3.1000.000
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD4.512-1.483+5.995
MRQ4.259-2.196+6.455
TTM-3.387-1.485-1.902
YOY4.221-0.063+4.284
5Y3.100-3.329+6.429
10Y3.100-4.288+7.388
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Kimbell Royalty Partners LP is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 1.19 means the investor is paying €1.19¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Kimbell Royalty Partners LP:

  • The EOD is 1.257. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.186. Based on the equity, the company is underpriced. +1
  • The TTM is 1.271. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.257MRQ1.186+0.071
MRQ1.186TTM1.271-0.084
TTM1.271YOY1.856-0.586
TTM1.2715Y1.703-0.432
5Y1.70310Y1.7030.000
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD1.2571.039+0.218
MRQ1.1861.087+0.099
TTM1.2711.105+0.166
YOY1.8561.246+0.610
5Y1.7031.200+0.503
10Y1.7031.380+0.323
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Kimbell Royalty Partners LP compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.4710.578-182%0.776-161%0.640-174%0.640-174%
Book Value Per Share--12.16911.464+6%8.457+44%7.589+60%7.589+60%
Current Ratio--8.4827.588+12%3.081+175%4.335+96%4.335+96%
Debt To Asset Ratio--0.2330.251-7%0.277-16%0.280-17%0.280-17%
Debt To Equity Ratio----0%-0%-0%-0%
Dividend Per Share--0.5710.478+20%0.372+53%0.273+110%0.273+110%
Eps--0.1040.158-35%0.390-73%-0.028+127%-0.028+127%
Free Cash Flow Per Share--0.847-0.904+207%0.112+659%-0.154+118%-0.154+118%
Free Cash Flow To Equity Per Share--0.107-0.687+744%0.006+1602%0.012+804%0.012+804%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--30.349--------
Intrinsic Value_10Y_min--24.886--------
Intrinsic Value_1Y_max---0.267--------
Intrinsic Value_1Y_min---0.264--------
Intrinsic Value_3Y_max--1.720--------
Intrinsic Value_3Y_min--1.591--------
Intrinsic Value_5Y_max--6.746--------
Intrinsic Value_5Y_min--6.044--------
Market Cap1141792802.816+6%1077596816.2561053523321.296+2%1127236736.096-4%889784267.939+21%889784267.939+21%
Net Profit Margin--0.0960.190-50%0.457-79%-0.313+427%-0.313+427%
Operating Margin---0.101-100%0.585-100%-0.2790%-0.2790%
Operating Ratio--1.1761.081+9%0.713+65%1.057+11%1.057+11%
Pb Ratio1.257+6%1.1861.271-7%1.856-36%1.703-30%1.703-30%
Pe Ratio36.931+6%34.85423.606+48%9.932+251%5.811+500%5.811+500%
Price Per Share15.296+6%14.43614.114+2%15.101-4%11.920+21%11.920+21%
Price To Free Cash Flow Ratio4.512+6%4.259-3.387+180%4.221+1%3.100+37%3.100+37%
Price To Total Gains Ratio152.519+6%143.94350.684+184%30.477+372%89.713+60%89.713+60%
Quick Ratio--4.7254.597+3%2.127+122%2.542+86%2.542+86%
Return On Assets--0.0070.012-43%0.035-81%-0.004+163%-0.004+163%
Return On Equity----0%-0%-0%-0%
Total Gains Per Share--0.1001.056-91%1.148-91%0.913-89%0.913-89%
Usd Book Value--990096956.559932731937.536+6%688070284.065+44%617508405.842+60%617508405.842+60%
Usd Book Value Change Per Share---0.5140.630-182%0.845-161%0.698-174%0.698-174%
Usd Book Value Per Share--13.26412.495+6%9.218+44%8.272+60%8.272+60%
Usd Dividend Per Share--0.6230.521+20%0.406+53%0.297+110%0.297+110%
Usd Eps--0.1130.173-35%0.425-73%-0.030+127%-0.030+127%
Usd Free Cash Flow--68951903.556-73576713.307+207%9081929.454+659%-11230705.617+116%-11230705.617+116%
Usd Free Cash Flow Per Share--0.924-0.986+207%0.122+659%-0.168+118%-0.168+118%
Usd Free Cash Flow To Equity Per Share--0.116-0.749+744%0.007+1602%0.013+804%0.013+804%
Usd Market Cap1244554155.069+6%1174580529.7191148340420.213+2%1228688042.345-4%969864852.053+21%969864852.053+21%
Usd Price Per Share16.673+6%15.73515.384+2%16.460-4%12.993+21%12.993+21%
Usd Profit--8424956.54213577740.091-38%31982930.293-74%183698.438+4486%183698.438+4486%
Usd Revenue--87935315.09875813384.507+16%69286015.445+27%51331469.829+71%51331469.829+71%
Usd Total Gains Per Share--0.1091.151-91%1.251-91%0.995-89%0.995-89%
 EOD+4 -4MRQTTM+19 -14YOY+17 -165Y+24 -810Y+24 -8

3.2. Fundamental Score

Let's check the fundamental score of Kimbell Royalty Partners LP based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1536.931
Price to Book Ratio (EOD)Between0-11.257
Net Profit Margin (MRQ)Greater than00.096
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than14.725
Current Ratio (MRQ)Greater than18.482
Debt to Asset Ratio (MRQ)Less than10.233
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.007
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Kimbell Royalty Partners LP based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.192
Ma 20Greater thanMa 5015.354
Ma 50Greater thanMa 10015.213
Ma 100Greater thanMa 20014.615
OpenGreater thanClose15.296
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary
Total Assets1,291,071
Total Liabilities300,940
Total Stockholder Equity0
 As reported
Total Liabilities 300,940
Total Stockholder Equity+ 0
Total Assets = 1,291,071

Assets

Total Assets1,291,071
Total Current Assets103,307
Long-term Assets1,187,764
Total Current Assets
Cash And Cash Equivalents 39,680
Net Receivables 57,553
Total Current Assets  (as reported)103,307
Total Current Assets  (calculated)97,233
+/- 6,074
Long-term Assets
Property Plant Equipment 1,180,279
Long-term Assets  (as reported)1,187,764
Long-term Assets  (calculated)1,180,279
+/- 7,486

Liabilities & Shareholders' Equity

Total Current Liabilities12,180
Long-term Liabilities288,761
Total Stockholder Equity0
Total Current Liabilities
Accounts payable 6,854
Other Current Liabilities 5,326
Total Current Liabilities  (as reported)12,180
Total Current Liabilities  (calculated)12,180
+/-0
Long-term Liabilities
Long term Debt 285,360
Capital Lease Obligations Min Short Term Debt1,796
Long-term Liabilities Other 167
Long-term Liabilities  (as reported)288,761
Long-term Liabilities  (calculated)287,322
+/- 1,438
Total Stockholder Equity
Total Stockholder Equity (as reported)0
Total Stockholder Equity (calculated)0
+/-0
Other
Common Stock Shares Outstanding 74,646
Net Debt 245,680
Net Invested Capital 1,241,592
Net Working Capital 91,127
Property Plant and Equipment Gross 2,051,347



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
828,745
748,594
680,255
695,358
665,451
564,634
563,980
559,332
557,049
601,487
844,084
839,425
821,512
1,076,746
1,045,638
934,188
1,389,785
1,337,789
1,291,071
1,291,0711,337,7891,389,785934,1881,045,6381,076,746821,512839,425844,084601,487557,049559,332563,980564,634665,451695,358680,255748,594828,745
   > Total Current Assets 
40,053
34,140
36,664
26,648
29,334
28,332
34,450
38,229
44,877
45,417
60,012
72,223
66,273
75,618
58,243
70,716
105,194
103,140
103,307
103,307103,140105,19470,71658,24375,61866,27372,22360,01245,41744,87738,22934,45028,33229,33426,64836,66434,14040,053
       Cash And Cash Equivalents 
20,298
14,204
14,481
11,262
12,348
9,805
8,124
12,961
12,699
7,052
10,588
14,105
16,555
24,636
19,077
20,779
39,529
30,993
39,680
39,68030,99339,52920,77919,07724,63616,55514,10510,5887,05212,69912,9618,1249,80512,34811,26214,48114,20420,298
       Net Receivables 
17,374
19,248
14,844
12,154
16,986
18,527
26,326
25,269
32,179
37,299
43,877
55,741
48,983
50,557
38,985
48,142
64,176
60,720
57,553
57,55360,72064,17648,14238,98550,55748,98355,74143,87737,29932,17925,26926,32618,52716,98612,15414,84419,24817,374
       Other Current Assets 
2,381
688
7,339
3,232
0
0
0
0
0
1,066
2,102
2,041
0
0
0
1,795
0
0
0
0001,7950002,0412,1021,066000003,2327,3396882,381
   > Long-term Assets 
788,692
714,454
643,592
668,710
636,117
536,303
529,529
521,102
512,172
556,070
787,517
529,978
755,974
1,001,554
987,576
863,472
1,284,591
1,234,649
1,187,764
1,187,7641,234,6491,284,591863,472987,5761,001,554755,974529,978787,517556,070512,172521,102529,529536,303636,117668,710643,592714,454788,692
       Property Plant Equipment 
781,369
709,168
625,143
662,877
629,941
526,081
518,984
510,916
502,538
545,526
535,111
523,792
512,397
756,748
739,391
855,583
1,278,404
1,224,435
1,180,279
1,180,2791,224,4351,278,404855,583739,391756,748512,397523,792535,111545,526502,538510,916518,984526,081629,941662,877625,143709,168781,369
       Long Term Investments 
2,885
2,952
4,373
4,148
4,707
5,135
5,048
4,918
4,690
4,739
4,560
1,138
1,161
0
0
0
0
0
0
0000001,1611,1384,5604,7394,6904,9185,0485,1354,7074,1484,3732,9522,885
       Other Assets 
4,439
2,334
14,076
1,684
1,469
5,086
4,799
5,269
4,944
5,805
244,401
242,273
241,681
244,380
248,004
7,889
0
0
0
0007,889248,004244,380241,681242,273244,4015,8054,9445,2694,7995,0861,4691,68414,0762,3344,439
> Total Liabilities 
101,497
108,699
108,460
180,945
183,150
186,333
195,699
202,301
245,086
252,637
294,533
276,203
247,767
263,337
243,639
282,236
329,280
309,322
300,940
300,940309,322329,280282,236243,639263,337247,767276,203294,533252,637245,086202,301195,699186,333183,150180,945108,460108,699101,497
   > Total Current Liabilities 
6,799
5,439
4,179
5,883
7,831
8,767
15,827
28,750
41,077
28,321
57,570
51,409
39,302
27,329
9,006
10,139
15,145
12,977
12,180
12,18012,97715,14510,1399,00627,32939,30251,40957,57028,32141,07728,75015,8278,7677,8315,8834,1795,4396,799
       Accounts payable 
1,131
1,208
757
1,190
996
889
1,042
1,028
1,028
811
1,955
1,553
874
1,210
920
1,370
3,186
6,595
6,854
6,8546,5953,1861,3709201,2108741,5531,9558111,0281,0281,0428899961,1907571,2081,131
       Other Current Liabilities 
5,667
3,977
3,154
4,420
6,561
7,602
14,505
27,430
39,752
27,208
47,257
41,492
30,377
17,744
7,756
8,769
11,959
6,382
5,326
5,3266,38211,9598,7697,75617,74430,37741,49247,25727,20839,75227,43014,5057,6026,5614,4203,1543,9775,667
   > Long-term Liabilities 
94,698
103,260
104,281
175,063
175,319
177,566
179,871
173,551
204,008
224,316
245,539
232,844
216,996
244,570
235,498
272,097
314,134
296,346
288,761
288,761296,346314,134272,097235,498244,570216,996232,844245,539224,316204,008173,551179,871177,566175,319175,063104,281103,26094,698
       Long term Debt 
91,261
100,135
101,224
171,724
169,701
171,550
168,534
162,934
192,710
217,116
226,516
216,116
203,916
233,016
223,916
269,600
310,400
294,200
285,360
285,360294,200310,400269,600223,916233,016203,916216,116226,516217,116192,710162,934168,534171,550169,701171,724101,224100,13591,261
       Capital Lease Obligations Min Short Term Debt
3,437
3,124
3,057
2,989
2,919
2,848
2,797
2,715
2,639
2,561
2,482
2,402
2,320
2,236
2,151
2,066
1,978
1,888
1,796
1,7961,8881,9782,0662,1512,2362,3202,4022,4822,5612,6392,7152,7972,8482,9192,9893,0573,1243,437
       Other Liabilities 
0
0
0
350
2,700
3,168
8,540
7,902
8,659
4,639
7,965
6,277
2,230
755
8,566
431
0
0
0
0004318,5667552,2306,2777,9654,6398,6597,9028,5403,1682,700350000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
479
448
882
385
835
836
1,157
260
229
198
167
1671982292601,15783683538588244847900000000
       Deferred Long Term Liability 
2,483
2,217
1,951
1,684
1,469
5,086
4,799
4,544
4,282
4,214
3,942
3,748
3,268
3,004
2,488
6,308
0
0
0
0006,3082,4883,0043,2683,7483,9424,2144,2824,5444,7995,0861,4691,6841,9512,2172,483
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000
   Retained Earnings 0000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue273,180
Cost of Revenue-116,803
Gross Profit156,376156,376
 
Operating Income (+$)
Gross Profit156,376
Operating Expense-165,974
Operating Income107,206-9,597
 
Operating Expense (+$)
Research Development-
Selling General Administrative49,170
Selling And Marketing Expenses-
Operating Expense165,97449,170
 
Net Interest Income (+$)
Interest Income3,509
Interest Expense-25,951
Other Finance Cost-0
Net Interest Income-22,442
 
Pretax Income (+$)
Operating Income107,206
Net Interest Income-22,442
Other Non-Operating Income Expenses-
Income Before Tax (EBT)86,772105,198
EBIT - interestExpense = -25,951
66,452
92,402
Interest Expense25,951
Earnings Before Interest and Taxes (EBIT)-112,722
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax86,772
Tax Provision-3,766
Net Income From Continuing Ops83,00683,006
Net Income66,452
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net2,00822,442
 

Technical Analysis of Kimbell Royalty Partners LP
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Kimbell Royalty Partners LP. The general trend of Kimbell Royalty Partners LP is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Kimbell Royalty Partners LP's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Kimbell Royalty Partners LP.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 16.11.

The bearish price targets are: 14.86 > 14.80 > 14.16.

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Kimbell Royalty Partners LP Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Kimbell Royalty Partners LP. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Kimbell Royalty Partners LP Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Kimbell Royalty Partners LP. The current macd is 0.10076187.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kimbell Royalty Partners LP price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Kimbell Royalty Partners LP. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Kimbell Royalty Partners LP price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Kimbell Royalty Partners LP Daily Moving Average Convergence/Divergence (MACD) ChartKimbell Royalty Partners LP Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Kimbell Royalty Partners LP. The current adx is 17.85.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Kimbell Royalty Partners LP shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Kimbell Royalty Partners LP Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Kimbell Royalty Partners LP. The current sar is 15.22.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Kimbell Royalty Partners LP Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Kimbell Royalty Partners LP. The current rsi is 49.19. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Kimbell Royalty Partners LP Daily Relative Strength Index (RSI) ChartKimbell Royalty Partners LP Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Kimbell Royalty Partners LP. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kimbell Royalty Partners LP price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Kimbell Royalty Partners LP Daily Stochastic Oscillator ChartKimbell Royalty Partners LP Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Kimbell Royalty Partners LP. The current cci is -15.89112735.

Kimbell Royalty Partners LP Daily Commodity Channel Index (CCI) ChartKimbell Royalty Partners LP Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Kimbell Royalty Partners LP. The current cmo is -6.60477115.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Kimbell Royalty Partners LP Daily Chande Momentum Oscillator (CMO) ChartKimbell Royalty Partners LP Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Kimbell Royalty Partners LP. The current willr is -90.02557545.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Kimbell Royalty Partners LP Daily Williams %R ChartKimbell Royalty Partners LP Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Kimbell Royalty Partners LP.

Kimbell Royalty Partners LP Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Kimbell Royalty Partners LP. The current atr is 0.2093034.

Kimbell Royalty Partners LP Daily Average True Range (ATR) ChartKimbell Royalty Partners LP Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Kimbell Royalty Partners LP. The current obv is 4,081.

Kimbell Royalty Partners LP Daily On-Balance Volume (OBV) ChartKimbell Royalty Partners LP Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Kimbell Royalty Partners LP. The current mfi is 54.52.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Kimbell Royalty Partners LP Daily Money Flow Index (MFI) ChartKimbell Royalty Partners LP Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Kimbell Royalty Partners LP.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-05 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-04 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-16 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-18 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-25 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-29 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-30 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-08 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-13 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-16 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-17 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-21 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-27 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-05-28 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-29 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-03 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-04 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-06 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-07 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-10 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-14 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-17 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-25 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-26 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-06-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-28 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-01 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-02 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-07-03 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-04 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-10 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-16 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-17 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-18 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Kimbell Royalty Partners LP Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Kimbell Royalty Partners LP based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.192
Ma 20Greater thanMa 5015.354
Ma 50Greater thanMa 10015.213
Ma 100Greater thanMa 20014.615
OpenGreater thanClose15.296
Total3/5 (60.0%)
Penke

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