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Kimbell Royalty Partners LP (Kimbell Royalty Partners LP) Market Cap

: $1,188.5 Mil (As of Today)
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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Kimbell Royalty Partners LP's share price for the quarter that ended in Dec. 2023 was $15.05. Kimbell Royalty Partners LP's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 73.9 Mil. Therefore, Kimbell Royalty Partners LP's market cap for the quarter that ended in Dec. 2023 was $1,111.5 Mil.

Kimbell Royalty Partners LP's quarterly market cap increased from Jun. 2023 ($963.6 Mil) to Sep. 2023 ($1,181.6 Mil) but then declined from Sep. 2023 ($1,181.6 Mil) to Dec. 2023 ($1,111.5 Mil).

Kimbell Royalty Partners LP's annual market cap increased from Dec. 2021 ($642.8 Mil) to Dec. 2022 ($1,072.7 Mil) and increased from Dec. 2022 ($1,072.7 Mil) to Dec. 2023 ($1,111.5 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Kimbell Royalty Partners LP's Enterprise Value for Today is $1,455.9 Mil.


Kimbell Royalty Partners LP Market Cap Historical Data

The historical data trend for Kimbell Royalty Partners LP's Market Cap 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
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 399.82 307.85 642.83 1,072.67 1,111.47

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
Market Cap 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 1,072.67 989.19 963.62 1,181.62 1,111.47

Competitive Comparison

For the Oil & Gas E&P subindustry, Kimbell Royalty Partners LP's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution

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

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



Kimbell Royalty Partners LP Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Kimbell Royalty Partners LP's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$15.05*73.8515
=$1,111.5

Kimbell Royalty Partners LP's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$15.05*73.8515
=$1,111.5

* 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.


Kimbell Royalty Partners LP  (NYSE:KRP) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Kimbell Royalty Partners LP Market Cap Related Terms

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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