Kimbell Royalty Partners Representing Limited Partner Interests (NYSE:KRP) traded at a new 52-week high today of $18.22. So far today approximately 97,000 shares have been exchanged, as compared to an average 30-day volume of 375,000 shares.
In the past 52 weeks, shares of Kimbell Royalty Partners Representing Limited Partner Interests have traded between a low of $10.00 and a high of $18.22 and is now at $18.12, which is 81% above that low price.
Kimbell Royalty Partners Representing Limited Partner Interests has overhead space with shares priced $18.12, or 34.1% below the average consensus analyst price target of $27.49.
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 and Appalachian Basin. 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.
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