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Kimbell Royalty Partners LP (Kimbell Royalty Partners LP) 5-Year Yield-on-Cost % : 12.06 (As of May. 05, 2024)


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What is Kimbell Royalty Partners LP 5-Year Yield-on-Cost %?

Kimbell Royalty Partners LP's yield on cost for the quarter that ended in Dec. 2023 was 12.06.


The historical rank and industry rank for Kimbell Royalty Partners LP's 5-Year Yield-on-Cost % or its related term are showing as below:

KRP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.58   Med: 11.06   Max: 43.3
Current: 12.06


During the past 10 years, Kimbell Royalty Partners LP's highest Yield on Cost was 43.30. The lowest was 1.58. And the median was 11.06.


KRP's 5-Year Yield-on-Cost % is ranked better than
82.19% of 494 companies
in the Oil & Gas industry
Industry Median: 4.825 vs KRP: 12.06

Competitive Comparison of Kimbell Royalty Partners LP's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Kimbell Royalty Partners LP's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kimbell Royalty Partners LP's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Kimbell Royalty Partners LP's 5-Year Yield-on-Cost % falls into.



Kimbell Royalty Partners LP 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Kimbell Royalty Partners LP is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Kimbell Royalty Partners LP  (NYSE:KRP) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Kimbell Royalty Partners LP 5-Year Yield-on-Cost % 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