Keybanc has downgraded Kimbell Royalty Partners LP (KRP) to Sector Weight from Overweight. This decision, effective November 23, 2025, indicates increased caution regarding the company's outlook.
Kimbell Royalty Partners, headquartered in Fort Worth, Texas, engages in owning and acquiring mineral and royalty interests in oil and natural gas properties. The company has a market cap of $1.6 billion and operates in key U.S. regions, including the Permian Basin and the Appalachian Basin. As of now, KRP's shares are priced at $12.61.
The downgrade reflects potential concerns over competitive pressures and market conditions that may impact performance. Analyst ratings, such as this one, serve as professional opinions based on research and financial models. They should be considered alongside various factors, including company fundamentals and industry trends.
Kimbell Royalty is set to report its next earnings on August 5, 2026, with an estimated EPS of $0.12 and revenue of $81.7 million. Recent earnings performance has shown volatility, with a Q3 2025 EPS of $0.19, surpassing estimates by 44.5%.
As of November 1, 2025, the analyst consensus for KRP stands at 2 Strong Buy, 5 Buy, 3 Hold, and 1 Sell, indicating a general preference for the stock despite the recent downgrade.
The move underscores the importance of monitoring analyst actions, which can shift as new information becomes available.