KRP Kimbell Royalty Partners Common Units Representing Limited Partner Interests
KRP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
KRP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| May 19, 2026 | $0.4100 |
| March 18, 2026 | $0.3700 |
| Nov. 17, 2025 | $0.3500 |
| Aug. 18, 2025 | $0.3800 |
| May 20, 2025 | $0.4700 |
| March 18, 2025 | $0.4000 |
| Nov. 18, 2024 | $0.4100 |
| Aug. 12, 2024 | $0.4200 |
| May 10, 2024 | $0.4900 |
| March 12, 2024 | $0.4300 |
| Nov. 10, 2023 | $0.5100 |
| Aug. 11, 2023 | $0.3900 |
| May 12, 2023 | $0.3500 |
| March 8, 2023 | $0.4800 |
| Nov. 10, 2022 | $0.4900 |
| Aug. 12, 2022 | $0.5500 |
| April 29, 2022 | $0.4700 |
| Jan. 28, 2022 | $0.3700 |
| Oct. 29, 2021 | $0.3700 |
| July 30, 2021 | $0.3100 |
KRP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 2 18.2%
- Buy 6 54.5%
- Hold 3 27.3%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
5 analysts · 2026-08-14Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.40 | $0.23 | 0.17% |
| March 31, 2026 | $0.04 | $0.21 | -0.17% |
| Dec. 31, 2025 | $0.21 | $0.12 | 0.09% |
| Sept. 30, 2025 | $0.19 | $0.13 | 0.06% |
| June 30, 2025 | $0.02 | $0.15 | -0.13% |
| March 31, 2025 | $0.20 | $0.16 | 0.04% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| KRP | — | — | 7.9% | 29.8% | — | — |
| TALO | $1.86B | -3.9 | -9.8% | -27.8% | -21.1% | — |
| NOG | $2.09B | 55.1 | 11.2% | 1.6% | 1.7% | — |
| MNR | — | 10.1 | 21.2% | 12.2% | — | — |
| KOS | — | -0.6 | -23.1% | -54.3% | -90.5% | — |
| PBT | — | — | — | — | — | — |
| DMLP | — | — | -5.4% | 37.5% | — | — |
| GRNT | — | 26.1 | 18.5% | 5.4% | 3.9% | — |
| SBR | — | — | — | — | — | — |
| HPK | $594M | 33.9 | -22.7% | 2.2% | 1.2% | — |
| COP | — | 14.7 | 7.7% | 13.6% | 12.3% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $334M | $309M | $294M | $248M | $136M | $90M | $108M | $70M | $30M | |
| SG&A Expense | $40M | $39M | $36M | $29M | $27M | $26M | $23M | $17M | $8M | |
| Operating Expenses | $201M | $272M | $184M | $111M | $86M | $341M | $260M | $118M | $28M | |
| Operating Income | $133M | $37M | $110M | $137M | $49M | $-251M | $-152M | $-48M | $3M | |
| Interest Expense | · | · | $26M | $14M | $9M | $6M | $6M | $4M | $791.4K | |
| Other Non-op | $-12.0K | · | $-181.0K | $4M | $1M | $-100.0K | · | · | · | |
| Pretax Income | $98M | $10M | $87M | $134M | $43M | $-257M | $-157M | $-52M | $2M | |
| Income Tax | $-1M | $-771.0K | $4M | $3M | $74.1K | $-885.2K | $899.4K | $24.7K | · | |
| Net Income | $100M | $11M | $83M | $131M | $42M | $-256M | $-158M | $-52M | $2M | |
| EBITDA | $257M | $172M | $206M | $187M | $86M | $-203M | $-99M | $-23M | $18M |
Balance Sheet 11
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $44M | $34M | $31M | $25M | $7M | $10M | $14M | $16M | $6M | |
| Current Assets | $88M | $85M | $103M | $75M | $45M | $28M | $34M | $38M | $13M | |
| PP&E (Net) | $629.0K | $267.0K | $589.9K | $953.8K | $2M | $2M | $1M | $429.6K | $165.2K | |
| Total Assets | $1.23B | $1.12B | $1.34B | $1.08B | $601M | $565M | $749M | $753M | $295M | |
| Accounts Payable | $3M | $7M | $7M | $1M | $811.0K | $888.7K | $1M | $1M | $316.5K | |
| Current Liabilities | $10M | $13M | $13M | $19M | $28M | $9M | $5M | $4M | $2M | |
| Capital Leases | $4M | $4M | $2M | $2M | $3M | $3M | $3M | · | · | |
| Other Non-current Liabilities | · | $73.0K | $197.9K | $322.9K | $447.9K | · | · | · | · | |
| Total Liabilities | $456M | $256M | $309M | $263M | $253M | $186M | $109M | $91M | $33M | |
| Long-term Debt | · | · | · | · | · | $172M | $100M | $87M | $31M | |
| Liabilities + Equity | $1.23B | $1.12B | $1.34B | $1.08B | $601M | $565M | $749M | $753M | $295M |
Cash Flow 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $125M | $135M | $96M | $50M | $37M | $48M | $52M | $25M | $16M | |
| Stock-based Comp | $16M | $16M | $13M | $11M | $11M | $9M | $8M | $3M | $798.4K | |
| Other Non-cash | $6M | $88M | $-18M | $-25M | $2M | · | · | · | $513.0K | |
| Operating Cash Flow | $246M | $251M | $174M | $167M | $91M | $62M | $81M | $33M | $19M | |
| CapEx | · | · | · | · | · | · | · | $403.7K | $61.9K | |
| Investing Cash Flow | $-223M | $-210.0K | $-247M | $-375M | $-56M | $-91M | $-16M | $-201M | $-126M | |
| Debt Issued | $696M | $5M | $201M | $199M | $137M | $163M | $13M | $124M | $31M | |
| Net Debt Issued | $202M | $-55M | $61M | $16M | $46M | $71M | $13M | $56M | $31M | |
| Financing Cash Flow | $-13M | $-248M | $78M | $226M | $-39M | $24M | $-67M | $178M | $113M | |
| Net Change in Cash | $10M | $3M | $6M | $18M | $-3M | $-4M | $-2M | $10M | $6M | |
| Taxes Paid | $-4M | · | $2M | $3M | · | · | $801.7K | · | · | |
| Free Cash Flow | · | · | · | · | · | · | · | $33M | $19M | |
| Levered FCF | · | · | · | · | · | · | · | $29M | · |
Profitability 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 39.8% | 12.0% | 37.4% | 55.2% | 36.4% | -277.1% | -140.1% | -68.6% | 8.3% | |
| Net Margin | 29.8% | 3.6% | 28.2% | 52.7% | 31.3% | · | · | · | 5.7% | |
| Pretax Margin | 29.5% | 3.3% | 29.5% | 53.8% | 31.4% | -284.0% | -145.3% | -74.4% | 5.7% | |
| EBITDA Margin | 77.1% | 55.6% | 70.2% | 75.4% | 63.5% | -224.1% | -91.9% | -32.7% | 59.5% | |
| ROA | 8.5% | 0.90% | · | 15.6% | 7.3% | · | · | · | 0.59% |
Liquidity & Solvency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 8.6 | 6.7 | · | 4.0 | 1.6 | 3.2 | 6.3 | 9.9 | 5.6 | |
| Quick Ratio | 4.3 | 2.7 | · | 1.3 | 0.2 | 1.1 | 2.6 | 4.2 | 2.5 | |
| Interest Coverage | · | · | 4.2 | 9.9 | 5.4 | -39.0 | -26.1 | -11.8 | 3.2 |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | · | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
Growth Rates 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 7.9% | 5.2% | 18.6% | 82.9% | 49.9% | · | · | · | · | |
| Revenue CAGR 3Y | 10.4% | 31.6% | 48.1% | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 29.8% | · | · | · | · | · | · | · | · | |
| Net Income YoY | 800.2% | -86.7% | -36.5% | 208.2% | · | · | · | · | · | |
| Net Income CAGR 3Y | -8.7% | -36.1% | · | · | · | · | · | · | · |
Valuation (TTM) 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $334M | $309M | $294M | $248M | $136M | $90M | $108M | $70M | $30M | |
| Net Income TTM | $100M | $11M | $83M | $131M | $42M | $-256M | $-158M | $-52M | $2M |
Income Statement 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $112M | $66M | $82M | $81M | $87M | $84M | $67M | $84M | $77M | $82M | $67M | $61M | $67M | $69M | $73M | $73M | |
| SG&A Expense | $10M | $9M | $10M | $10M | $10M | $10M | $9M | $9M | $10M | $9M | $10M | $8M | $8M | $7M | $7M | $8M | |
| Operating Expenses | $53M | $50M | $50M | $52M | $49M | $51M | $105M | $50M | $53M | $65M | $42M | $36M | $34M | $30M | $27M | $29M | |
| Operating Income | $60M | $16M | $33M | $29M | $38M | $34M | $-39M | $34M | $24M | $18M | $25M | $25M | $33M | $39M | $46M | $44M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $7M | $7M | $6M | $5M | · | $4M | $3M | |
| Interest Income | · | · | · | · | · | · | · | · | · | · | $0 | $1M | $2M | · | · | · | |
| Other Non-op | · | · | $0 | $0 | $585 | $-12.0K | · | · | · | · | $0 | $-180.8K | · | $0 | $76.9K | $898.2K | |
| Pretax Income | $51M | $8M | $23M | $19M | $29M | $27M | $-45M | $28M | $17M | $10M | $19M | $19M | $30M | $36M | $44M | $45M | |
| Income Tax | $4M | $703.0K | $-1M | $-3M | $2M | $1M | $-5M | $2M | $2M | $922.6K | $128.4K | $909.1K | $1M | $888.3K | $-224.9K | $2M | |
| Net Income | $47M | $7M | $25M | $22M | $27M | $26M | $-39M | $26M | $15M | $9M | $18M | $18M | $29M | $35M | $44M | $43M | |
| EBITDA | · | $45M | · | $60M | $68M | $65M | · | $66M | $57M | $56M | $48M | $44M | $51M | · | $57M | $55M |
Balance Sheet 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $45M | $37M | $44M | $40M | $35M | $36M | $34M | $35M | $31M | $40M | $40M | $21M | $19M | · | $17M | $13M | |
| Current Assets | $101M | $85M | $88M | $88M | $88M | $99M | $85M | $92M | $89M | $103M | $105M | $71M | $58M | · | $66M | $71M | |
| PP&E (Net) | $655.0K | $606.0K | $629.0K | $596.0K | $557.0K | $475.5K | $267.0K | $361.2K | $444.3K | $532.0K | $681.3K | $771.9K | $865.9K | · | $1M | $1M | |
| Total Assets | $1.33B | $1.19B | $1.23B | $1.25B | $1.28B | $1.33B | $1.12B | $1.21B | $1.24B | $1.29B | $1.39B | $934M | $1.05B | · | $822M | $839M | |
| Accounts Payable | $4M | $3M | $3M | $5M | $3M | $5M | $7M | $7M | $7M | $7M | $3M | $1M | $919.8K | · | $874.2K | $2M | |
| Current Liabilities | $14M | $17M | $10M | $16M | $16M | $17M | $13M | $18M | $16M | $12M | $15M | $10M | $8M | · | $31M | $43M | |
| Capital Leases | $4M | $4M | $4M | $4M | $5M | $5M | $4M | $2M | $2M | $2M | $2M | $2M | $2M | · | $2M | $2M | |
| Other Non-current Liabilities | · | · | · | · | $10.0K | $41.7K | $73.0K | $104.2K | $135.4K | $166.7K | $229.2K | $260.4K | $291.7K | · | $354.2K | $385.4K | |
| Total Liabilities | $497M | $465M | $456M | $469M | $484M | $322M | $256M | $272M | $284M | $301M | $329M | $282M | $244M | · | $248M | $276M | |
| Liabilities + Equity | $1.33B | $1.19B | $1.23B | $1.25B | $1.28B | $1.33B | $1.12B | $1.21B | $1.24B | $1.29B | $1.39B | $934M | $1.05B | · | $822M | $839M |
Cash Flow 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $30M | $29M | $32M | $31M | $30M | $31M | $32M | $32M | $33M | $38M | $23M | $20M | $18M | $17M | $11M | $11M | |
| Stock-based Comp | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $5M | $4M | $3M | $3M | $3M | $3M | $3M | $3M | |
| Other Non-cash | · | $9M | · | · | · | $-7M | · | · | · | $18M | · | · | $-3M | · | · | · | |
| Operating Cash Flow | $68M | $49M | $57M | $63M | $72M | $54M | $57M | $62M | $63M | $69M | $36M | $32M | $47M | $39M | $52M | $40M | |
| Investing Cash Flow | $-44M | $-13.0K | $-74.0K | $-116.0K | $-341.0K | $-223M | $-34.0K | $-44.9K | $-39.6K | $-91.4K | $-446M | $200M | $-321.6K | $-141M | $-43.2K | $3M | |
| Debt Issued | $52M | $13M | $442M | $0 | $180M | $74M | $0 | $224 | $224 | $5M | $142M | $55M | $4M | $156M | $7M | $17M | |
| Net Debt Issued | · | $-600.0K | · | · | · | $60M | · | · | · | $-9M | · | · | $-9M | · | · | · | |
| Stock Repurchased | $7M | $7M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Net Stock Activity | · | $-7M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-16M | $-56M | $-53M | $-57M | $-73M | $170M | $-57M | $-59M | $-72M | $-60M | $428M | $-230M | $-53M | $110M | $-49M | $-43M | |
| Net Change in Cash | $8M | $-7M | $4M | $5M | $-1M | $1M | $-538.0K | $4M | $-9M | $9M | $19M | $2M | $-6M | $8M | $3M | $562.8K | |
| Taxes Paid | $5M | $37.0K | $-4M | $0 | · | · | · | · | · | · | · | · | · | $14.9K | $1M | · |
Profitability 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | · | 24.1% | · | 35.8% | 43.7% | 39.9% | · | 40.8% | 31.2% | 21.3% | 37.6% | 40.6% | 49.8% | · | 63.1% | 60.4% | |
| Net Margin | · | 10.6% | · | 27.7% | 30.8% | 30.7% | · | 30.8% | 19.8% | 11.3% | 27.5% | 29.3% | 43.2% | · | 60.1% | 59.5% | |
| Pretax Margin | · | 11.7% | · | 23.6% | 33.3% | 32.0% | · | 33.1% | 22.1% | 12.5% | 27.7% | 30.8% | 45.3% | · | 59.8% | 62.0% | |
| EBITDA Margin | · | 68.8% | · | 74.3% | 78.8% | 76.8% | · | 79.2% | 74.3% | 67.8% | 72.0% | 72.9% | 76.0% | · | 78.6% | 75.9% | |
| ROA | · | 0.55% | · | 1.8% | 2.1% | 2.0% | · | 2.0% | 1.4% | 0.80% | 1.7% | 2.0% | 3.1% | · | 6.4% | 6.2% |
Liquidity & Solvency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | 5.1 | · | 5.4 | 5.5 | 6.0 | · | 5.2 | 5.7 | 8.5 | 6.9 | 7.0 | 7.1 | · | 2.1 | 1.7 | |
| Quick Ratio | · | 2.2 | · | 2.4 | 2.1 | 2.2 | · | 2.0 | 2.0 | 3.3 | 2.6 | 2.0 | 2.3 | · | 0.5 | 0.3 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 2.4 | 3.8 | 3.9 | 6.1 | · | 12.5 | 13.2 |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 |
Valuation (TTM) 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $345M | $317M | · | $335M | $331M | $327M | · | $310M | $287M | $277M | $268M | $273M | $246M | · | $211M | $164M | |
| Net Income TTM | $103M | $82M | · | $101M | $94M | $76M | · | $69M | $61M | $75M | $109M | $134M | $124M | · | $103M | $63M |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $334M | $309M | $294M | $248M | $136M |
| Operating Margin % | 39.8% | 12.0% | 37.4% | 55.2% | 36.4% |
| Net Income | $100M | $11M | $83M | $131M | $42M |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 8.6 | 6.7 | — | 4.0 | 1.6 |
| Quick Ratio | 4.3 | 2.7 | — | 1.3 | 0.2 |
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Institutional owners (13F) 228 filers · $427.7M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 43 (+3 vs prior Q) | 23 (+8 vs prior Q) | 69 (-6 vs prior Q) | 47 (+10 vs prior Q) | -2.7M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Encap Energy Capital Fund VIII, L.P. | $53,412,909 | 4,541,914 | 12.49% | Shares |
| VAN ECK ASSOCIATES CORP | $52,712,661 | 3,627,850 | 12.32% | Shares |
| AMERICAN CENTURY COMPANIES INC | $49,180,766 | 3,384,774 | 11.50% | Shares |
| ALGERT GLOBAL LLC | $20,212,436 | 1,391,083 | 4.73% | Shares |
| EnCap Investments L.P. | $18,978,766 | 1,306,178 | 4.44% | Shares |
| RAYMOND JAMES FINANCIAL INC | $18,016,709 | 1,239,966 | 4.21% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $15,446,916 | 1,063,105 | 3.61% | Shares |
| UBS Group AG | $12,838,054 | 883,555 | 3.00% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $12,540,000 | 863,011 | 2.93% | Shares |
| Freestone Capital Holdings, LLC | $6,722,929 | 462,693 | 1.57% | Shares |
| Oxbow Advisors, LLC | $5,928,066 | 407,988 | 1.39% | Shares |
| Orvieto Partners, L.P. | $5,776,460 | 397,554 | 1.35% | Shares |
| Yaupon Capital Management LP | $5,301,503 | 364,866 | 1.24% | Shares |
| LPL Financial LLC | $4,996,081 | 343,846 | 1.17% | Shares |
| STIFEL FINANCIAL CORP | $4,621,955 | 318,096 | 1.08% | Shares |
| FIRST TRUST ADVISORS LP | $4,537,559 | 312,289 | 1.06% | Shares |
| Arax Advisory Partners | $4,248,488 | 292,394 | 0.99% | Shares |
| U.S. Capital Wealth Advisors, LLC | $4,148,850 | 286,721 | 0.97% | Shares |
| First Financial Bankshares Inc | $3,869,542 | 266,314 | 0.90% | Shares |
| Mirador Capital Partners LP | $3,562,314 | 245,170 | 0.83% | Shares |
| KING LUTHER CAPITAL MANAGEMENT CORP | $3,500,306 | 240,902 | 0.82% | Shares |
| Point72 Asset Management, L.P. | $3,467,149 | 238,620 | 0.81% | Shares |
| TUDOR INVESTMENT CORP ET AL | $3,333,894 | 229,449 | 0.78% | Shares |
| GraniteShares Advisors LLC | $3,202,397 | 220,399 | 0.75% | Shares |
| Mill Road Capital Management LLC | $3,131,142 | 215,495 | 0.73% | Shares |
| Beacon Pointe Advisors, LLC | $3,019,675 | 207,823 | 0.71% | Shares |
| Cresset Asset Management, LLC | $2,931,050 | 201,724 | 0.69% | Shares |
| Pingora Partners LLC | $2,927,446 | 201,476 | 0.68% | Shares |
| Aptus Capital Advisors, LLC | $2,850,437 | 196,176 | 0.67% | Shares |
| GOLDMAN SACHS GROUP INC | $2,820,433 | 194,111 | 0.66% | Shares |
| CITADEL ADVISORS LLC | $2,683,691 | 184,700 | 0.63% | Call option |
| CITADEL ADVISORS LLC | $2,539,844 | 174,800 | 0.59% | Put option |
| Qube Research & Technologies Ltd | $2,405,921 | 165,583 | 0.56% | Shares |
| Swiss National Bank | $2,314,629 | 159,300 | 0.54% | Shares |
| GABELLI FUNDS LLC | $2,252,150 | 155,000 | 0.53% | Shares |
| MARSHALL WACE, LLP | $2,236,327 | 153,911 | 0.52% | Shares |
| Engineers Gate Manager LP | $2,190,950 | 150,788 | 0.51% | Shares |
| RHODES INVESTMENT ADVISORS INC /ADV | $2,162,655 | 148,841 | 0.51% | Shares |
| Indivisible Partners | $2,147,534 | 147,800 | 0.50% | Shares |
| Cerity Partners LLC | $2,143,175 | 147,500 | 0.50% | Shares |
| STATE STREET CORP | $2,134,922 | 146,932 | 0.50% | Shares |
| Schonfeld Strategic Advisors LLC | $2,123,267 | 146,130 | 0.50% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $1,988,343 | 136,844 | 0.46% | Shares |
| Mutual Advisors, LLC | $1,851,597 | 127,433 | 0.43% | Shares |
| OPPENHEIMER & CO INC | $1,693,675 | 116,564 | 0.40% | Shares |
| Regal Partners Ltd | $1,642,486 | 113,041 | 0.38% | Shares |
| Board of Trustees of The Leland Stanford Junior University | $1,622,100 | 111,638 | 0.38% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,569,240 | 108,000 | 0.37% | Call option |
| ExodusPoint Capital Management, LP | $1,517,281 | 104,424 | 0.35% | Shares |
| TD Waterhouse Canada Inc. | $1,400,990 | 96,553 | 0.33% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $1,319,359 | 90,429 | 0.31% | Shares |
| HighTower Advisors, LLC | $1,315,717 | 90,552 | 0.31% | Shares |
| MILLENNIUM MANAGEMENT LLC | $1,233,597 | 84,900 | 0.29% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $1,179,956 | 81,545 | 0.28% | Shares |
| Graham Capital Management, L.P. | $1,162,327 | 79,995 | 0.27% | Shares |
| Bramshill Investments, LLC | $1,092,089 | 75,161 | 0.26% | Shares |
| Cetera Investment Advisers | $1,034,620 | 71,206 | 0.24% | Shares |
| Rockefeller Capital Management L.P. | $999,942 | 68,819 | 0.23% | Shares |
| TSP Capital Management Group, LLC | $985,862 | 67,850 | 0.23% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $953,284 | 65,608 | 0.22% | Shares |
| WELLS FARGO & COMPANY/MN | $931,199 | 64,088 | 0.22% | Shares |
| Mariner, LLC | $889,136 | 61,193 | 0.21% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $886,330 | 61,000 | 0.21% | Put option |
| Nuveen, LLC | $868,197 | 59,752 | 0.20% | Shares |
| Adams Asset Advisors, LLC | $810,483 | 55,780 | 0.19% | Shares |
| CITADEL ADVISORS LLC | $808,188 | 55,622 | 0.19% | Shares |
| Steward Partners Investment Advisory, LLC | $785,714 | 54,075 | 0.18% | Shares |
| Kestra Advisory Services, LLC | $723,164 | 49,770 | 0.17% | Shares |
| Caliber Wealth Management, LLC / KS | $683,904 | 47,068 | 0.16% | Shares |
| HOWARD FINANCIAL SERVICES, LTD. | $636,632 | 43,815 | 0.15% | Shares |
| Cubist Systematic Strategies, LLC | $629,929 | 46,696 | 0.15% | Shares |
| JANE STREET GROUP, LLC | $627,696 | 43,200 | 0.15% | Call option |
| MTM Investment Management, LLC | $623,758 | 42,929 | 0.15% | Shares |
| DOLIVER CAPITAL ADVISORS, INC. | $613,542 | 42,401 | 0.14% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $602,697 | 41,479 | 0.14% | Shares |
| Russell Investments Group, Ltd. | $579,979 | 39,916 | 0.14% | Shares |
| WINTON GROUP Ltd | $553,419 | 38,088 | 0.13% | Shares |
| HSBC HOLDINGS PLC | $552,001 | 38,069 | 0.13% | Shares |
| JANUS HENDERSON GROUP PLC | $537,654 | 37,195 | 0.13% | Shares |
| BlackRock, Inc. | $526,277 | 36,220 | 0.12% | Shares |
| Veracity Capital LLC | $509,052 | 35,035 | 0.12% | Shares |
| EIGHT 31 FINANCIAL, LLC | $505,172 | 34,767 | 0.12% | Shares |
| Apollon Wealth Management, LLC | $503,900 | 34,680 | 0.12% | Shares |
| PNC Financial Services Group, Inc. | $476,584 | 32,800 | 0.11% | Shares |
| STEPHENS INC /AR/ | $474,041 | 32,625 | 0.11% | Shares |
| SMITH, MOORE & CO. | $458,353 | 31,545 | 0.11% | Shares |
| HORIZON KINETICS ASSET MANAGEMENT LLC | $457,212 | 31,467 | 0.11% | Shares |
| Sunbelt Securities, Inc. | $437,470 | 30,233 | 0.10% | Shares |
| Stockman Wealth Management, Inc. | $435,900 | 30,000 | 0.10% | Shares |
| ROYAL BANK OF CANADA | $432,000 | 29,717 | 0.10% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $426,908 | 29,381 | 0.10% | Shares |
| Quantinno Capital Management LP | $424,014 | 29,182 | 0.10% | Shares |
| NATIONAL BANK OF CANADA /FI/ | $419,613 | 28,899 | 0.10% | Shares |
| Hilltop Holdings Inc. | $399,575 | 27,500 | 0.09% | Shares |
| Samalin Investment Counsel, LLC | $388,893 | 26,765 | 0.09% | Shares |
| XTX Topco Ltd | $387,312 | 26,656 | 0.09% | Shares |
| OCCUDO QUANTITATIVE STRATEGIES LP | $378,695 | 26,063 | 0.09% | Shares |
| JANE STREET GROUP, LLC | $371,968 | 25,600 | 0.09% | Put option |
| NEEDHAM INVESTMENT MANAGEMENT LLC | $369,411 | 25,424 | 0.09% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $368,614 | 25,369 | 0.09% | Shares |
Company insiders 16 insiders · 6 officers · 10 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Robert D. Ravnaas | Chief Executive Officer | March 4, 2026 F | 615,495 | 0 | 0 | $0 |
| Robert Davis Ravnaas | President and CFO | March 4, 2026 F | 1,140,743 | 0 | 0 | $0 |
| Matthew S. Daly | Chief Operating Officer | March 4, 2026 F | 747,829 | 0 | 0 | $0 |
| Blayne Rhynsburger | Controller | March 23, 2026 S | 75,163 | 0 | 2 | $-145,162 |
| Peter Alcorn | Vice President - Land | March 4, 2026 F | 99,312 | 0 | 0 | $0 |
| Jeff Mcinnis | Chief Commercial Officer | April 2, 2019 S | 27,950 | 0 | 0 | $0 |
| Brett G. Taylor | Director | March 4, 2026 F | 641,561 | 0 | 0 | $0 |
| Mitch S. Wynne | Director | March 2, 2026 S | 274,254 | 0 | 1 | $-506,800 |
| Craig Stone | Director | Feb. 24, 2026 A | 90,296 | 0 | 0 | $0 |
| Erik B Daugbjerg | Director | Feb. 24, 2026 A | 120,099 | 0 | 0 | $0 |
| Scott T Martin | Director | Feb. 24, 2026 A | 104,983 | 0 | 0 | $0 |
| William H Adams III | Director | Feb. 24, 2026 A | 115,568 | 0 | 0 | $0 |
| Ben J. Fortson | Director | Feb. 19, 2024 A | 303,174 | 0 | 0 | $0 |
| Ted Collins Jr | Director | Jan. 26, 2018 A | 22,570 | 0 | 0 | $0 |
| Benny D. Duncan | Director | Nov. 29, 2017 J | 111,039 | 0 | 0 | $0 |
| Kimbell Art Foundation | 10% owner | Dec. 20, 2018 P | 0 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 13 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| MB Minerals, L.P., Sabalo Midland Basin, Inc., EnCap Energy Capital Legacy Fund VIII, L.P., EnCap Energy Capital Fund IX, L.P., EnCap Partners GP, LLC ×3 filings | April 3, 2026 | 4.93% | Amendment | — | SEC |
| Kimbell Art Foundation | Feb. 17, 2026 | 4.80% | Amendment | — | SEC |
| EnCap Energy Capital Fund VII, L.P., EnCap Energy Capital Fund VIII, L.P., EnCap Partners GP, LLC | Oct. 28, 2022 | — | Initial filing | — | SEC |
| PEP II Holdings, LLC, PEP III Holdings, LLC, EnCap Energy Capital Fund VII, L.P., EnCap Energy Capital Fund VIII, L.P., EnCap Partners GP, LLC | July 29, 2022 | — | Initial filing | — | SEC |
| PEP I Holdings, LLC, PEP II Holdings, LLC, PEP III Holdings, LLC, EnCap Energy Capital Fund VI, L.P., EnCap VI-B Acquisitions, L.P., EnCap Energy Capital Fund VII, L.P., EnCap Energy Capital Fund VIII, L.P., EnCap Partners GP, LLC ×2 filings | April 1, 2022 | — | Initial filing | — | SEC |
| Ben J. Fortson, Kimbell Art Foundation ×7 filings | Sept. 21, 2021 | — | Initial filing | — | SEC |
| EIGF Aggregator III LLC, TE Drilling Aggregator LLC, EIGF Aggregator LLC, KKR Energy Income and Growth Fund I L.P., KKR Associates EIGF L.P., KKR Energy Income and Growth Fund I-TE L.P., KKR Associates EIGF TE L.P., KKR EIGF LLC, KKR Upstream Associates LLC, KKR Group Partnership L.P., KKR Upstream LLC, KKR Group Holdings Corp., KKR & Co. Inc., KKR Management LLP, Henry R. Kravis, George R. Roberts ×3 filings | Jan. 30, 2020 | — | Initial filing | — | SEC |
| Buckhorn Resources GP, LLC, Buckhorn Minerals I GP, LP, Buckhorn Minerals I, LP, Buckhorn Minerals II, LP, Buckhorn Minerals III, LP, Buckhorn Minerals III-QP, LP, Buckhorn Minerals IV, LP, Bret A. Zorich | Dec. 26, 2019 | — | Initial filing | Passive investment | SEC |
| Rivercrest Royalties Holdings II, LLC (2), Yorktown Energy Partners X, L.P. (2), Yorktown X Company LP (2), Yorktown X Associates LLC (2) ×3 filings | May 9, 2019 | — | Initial filing | — | SEC |
| Rivercrest Capital Partners LP, Rivercrest Capital Management LLC, Rivercrest Holding LP, Rivercrest Capital GP LLC | Dec. 31, 2018 | — | Initial filing | Passive investment | SEC |
| Rivercrest Royalties Holdings, LLC (2), Yorktown Energy Partners X, L.P. (2), Yorktown X Company LP (2), Yorktown X Associates LLC (2) ×3 filings | Dec. 28, 2017 | — | Initial filing | — | SEC |
| BGT Royalty Partners, LP, BGT Royalty Partners Genpar, LLC ×2 filings | Aug. 31, 2017 | — | Initial filing | — | SEC |
| Benny D. Duncan, Bitter End Royalties, LP, Bitter End, LLC, Eagle Minerals LP, Eagle Management, LLC, Gorda Sound Royalties, L.P., Gorda Sound, LLC, Oil Nut Bay Royalties, LP, Oil Nut Bay, LLC, Trunk Bay Royalty Partners, Ltd., Trunk Bay, LLC ×2 filings | Aug. 16, 2017 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 10 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| GYLD · ARROW ETF TRUST | 0.70% | 14,493 NS | April 30, 2026 | N-PORT |
| OSCV · ETF Series Solutions | 0.44% | 195,586 NS | April 30, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.15% | 2,676,907 NS | May 31, 2026 | N-PORT |
| FENY · FIDELITY COVINGTON TRUST | 0.09% | 118,468 NS | April 30, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.09% | 158,752 NS | May 31, 2026 | N-PORT |
| AVIE · AMERICAN CENTURY ETF TRUST | 0.02% | 140 NS | May 31, 2026 | N-PORT |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.01% | 74,418 NS | May 31, 2026 | N-PORT |
| VDE · VANGUARD WORLD FUND | — | — | July 20, 2026 | Daily |
| SMMV · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| WSML · iShares Trust | — | — | July 20, 2026 | Daily |