GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kimbell Royalty Partners LP (NYSE:KRP) » Definitions » Book Value per Share

Kimbell Royalty Partners LP (Kimbell Royalty Partners LP) Book Value per Share

: $13.35 (As of Dec. 2023)
View and export this data going back to 2017. Start your Free Trial

Kimbell Royalty Partners LP's book value per share for the quarter that ended in Dec. 2023 was $13.35.

During the past 12 months, Kimbell Royalty Partners LP's average Book Value Per Share Growth Rate was 42.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Kimbell Royalty Partners LP was 206.60% per year. The lowest was -30.10% per year. And the median was -15.00% per year.

Kimbell Royalty Partners LP's current price is $15.71. Its book value per share for the quarter that ended in Dec. 2023 was $13.35. Hence, today's PB Ratio of Kimbell Royalty Partners LP is 1.18.

During the past 10 years, the highest P/B Ratio of Kimbell Royalty Partners LP was 39.02. The lowest was 0.28. And the median was 1.17.

Good Sign:

Kimbell Royalty Partners LP stock PB Ratio (=1.2) is close to 3-year low of 1.09


Kimbell Royalty Partners LP Book Value per Share Historical Data

The historical data trend for Kimbell Royalty Partners LP's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kimbell Royalty Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.25 7.74 6.99 9.38 13.35

Kimbell Royalty Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.38 9.13 9.12 13.68 13.35

Competitive Comparison

For the Oil & Gas E&P subindustry, Kimbell Royalty Partners LP's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kimbell Royalty Partners LP PB Ratio Distribution

For the Oil & Gas industry and Energy sector, Kimbell Royalty Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kimbell Royalty Partners LP's PB Ratio falls into.



Kimbell Royalty Partners LP Book Value per Share Calculation

Kimbell Royalty Partners LP's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(986.0-0.0)/73.9
=13.35

Kimbell Royalty Partners LP's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(986.0-0.0)/73.9
=13.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Kimbell Royalty Partners LP  (NYSE:KRP) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Kimbell Royalty Partners LP Book Value per Share Related Terms

Thank you for viewing the detailed overview of Kimbell Royalty Partners LP's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Kimbell Royalty Partners LP (Kimbell Royalty Partners LP) Business Description

Traded in Other Exchanges
Address
777 Taylor Street, Suite 810, Fort Worth, TX, USA, 76102
Kimbell Royalty Partners LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. The company's basins and producing regions include areas of interest in the Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Appalachian Basin, Eagle Ford, Bakken/Williston Basin, and DJ Basin/Rockies/Niobrara. Its revenues are derived from royalty payments received from operators based on the sale of oil, natural gas, and NGL production, as well as the sale of NGLs that are extracted from natural gas during processing.
Executives
T Scott Martin director 777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Blayne Rhynsburger officer: Controller 777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Mitch S. Wynne director 777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Mb Minerals, L.p. 10 percent owner 800 NORTH SHORELINE BLVD., SUITE 900N, CORPUS CHRISTI TX 78401
Sabalo Midland Basin, Inc. 10 percent owner 800 NORTH SHORELINE BLVD., SUITE 900N, CORPUS CHRISTI TX 78401
Encap Energy Capital Fund Ix, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Erik B Daugbjerg director 3141 HOOD STREET, SUITE 500, DALLAS TX 75219
Brett G. Taylor director 777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Pep I Holdings, Llc 10 percent owner C/O ENCAP INVESTMENTS L.P., 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Kkr Upstream Associates Llc 10 percent owner C/O KKR, 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Robert D. Ravnaas director, officer: Chief Executive Officer 777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Peter Alcorn officer: Vice President-Land 777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Matthew S. Daly officer: Senior V.P.-Corp. Development 777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Robert Davis Ravnaas officer: President and CFO 777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102