Kimbell Royalty Partners LP Trading Down 5.19 percent on Jan 8
| KRP Stock | USD 15.41 0.86 5.29% |
Slightly above 61% of Kimbell Royalty's investor base is looking to short. The current sentiment of investing in Kimbell Royalty Partners suggests that many traders are alarmed. Kimbell Royalty's investing sentiment overview a quick insight into current market opportunities from investing in Kimbell Royalty Partners. Many technical investors use Kimbell Royalty Partners stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Kimbell |
Shares of Kimbell Royalty Partners LP fell 5.19 percent in mid-day trading on Jan 8. The stock reached an intraday low of 15.25, before recovering slightly to
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Kimbell Royalty Fundamental Analysis
We analyze Kimbell Royalty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kimbell Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kimbell Royalty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Kimbell Royalty is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Kimbell Royalty Partners Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kimbell Royalty stock to make a market-neutral strategy. Peer analysis of Kimbell Royalty could also be used in its relative valuation, which is a method of valuing Kimbell Royalty by comparing valuation metrics with similar companies.
Peers
Kimbell Royalty Related Equities
| NRT | North European | 5.54 | ||||
| MTR | Mesa Royalty | 3.17 | ||||
| CTRA | Coterra Energy | 3.00 | ||||
| STR | Sitio Royalties | 1.95 | ||||
| SJT | San Juan | 1.94 | ||||
| PRT | PermRock Royalty | 1.57 | ||||
| BSM | Black Stone | 0.90 | ||||
| MVO | MV Oil | 0.36 | ||||
| SBR | Sabine Royalty | 0.56 | ||||
| VOC | VOC Energy | 0.60 | ||||
| DMLP | Dorchester Minerals | 0.62 | ||||
| PVL | Permianville Royalty | 0.70 | ||||
| CRT | Cross Timbers | 2.86 |
Additional Tools for Kimbell Stock Analysis
When running Kimbell Royalty's price analysis, check to measure Kimbell Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kimbell Royalty is operating at the current time. Most of Kimbell Royalty's value examination focuses on studying past and present price action to predict the probability of Kimbell Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kimbell Royalty's price. Additionally, you may evaluate how the addition of Kimbell Royalty to your portfolios can decrease your overall portfolio volatility.