Somewhat Positive Media Coverage Somewhat Unlikely to Impact Kimbell Royalty Partners (KRP) Stock Price

Media coverage about Kimbell Royalty Partners (NYSE:KRP) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kimbell Royalty Partners earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 46.508811381087 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Kimbell Royalty Partners (KRP) traded down $0.05 during mid-day trading on Monday, reaching $16.40. 19,100 shares of the company’s stock traded hands, compared to its average volume of 11,689. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.08. Kimbell Royalty Partners has a 52 week low of $15.06 and a 52 week high of $20.89.

Kimbell Royalty Partners (NYSE:KRP) last posted its quarterly earnings results on Thursday, November 9th. The energy company reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.04). equities analysts forecast that Kimbell Royalty Partners will post 0.16 earnings per share for the current fiscal year.

Several equities analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Kimbell Royalty Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Royal Bank of Canada reissued a “buy” rating and issued a $19.00 price objective on shares of Kimbell Royalty Partners in a research report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $21.33.

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About Kimbell Royalty Partners

Kimbell Royalty Partners, LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. As of December 31, 2015, the Company owned mineral and royalty interests in approximately 3.7 million gross acres and overriding royalty interests in approximately 0.9 million gross acres, with approximately 44% of its acres located in the Permian Basin.

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