NYSE:KRP (USA) Also Trade In: Germany
Kimbell Royalty Partners LP $ 8.74 -0.11 (-1.24%)
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Current and historical daily P/E ratio for KRP (Kimbell Royalty Partners LP) from 2017 to Jan 24 2021. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Kimbell Royalty Partners LP stock (KRP) PE ratio as of Jan 24 2021 is 0. More Details
Kimbell Royalty Partners LP PE Ratio (TTM) Historical Data
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Kimbell Royalty Partners LP PE Ratio (TTM) Comparison
|Company||Market Cap(Mil)||PE Ratio (TTM)|
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Address 777 Taylor Street, Suite 810, Fort Worth, TX, USA, 76102
Kimbell Royalty Partners LP is an US-based company. It core business is exploration and production of oil and natural gas. The company focuses on acquiring premier quality, long-life, shallow decline oil and gas minerals. It owns mineral and royalty interests which are located in approximately 20 states in nearly onshore basin across the continental United States and include ownership in nearly 48,000 gross producing wells, including nearly 29,000 wells in the Permian Basin. The company also owns interests in the area of Eagle Ford, Bakken, San Juan Basin, Mid-continent, East Texas, Barnett Shale, Marcellus Shale, Niobrara and South California. Majority of the revenue is derived from royalty payments received from the production of oil, natural gas and natural gas liquids.