Kimbell Royalty: Yield Is Just the Hook — Growth & De-risking Make the Better Case
Kimbell Royalty Partners (KRP) yields north of 12% today, but the more interesting trade is buying a de-risked royalty portfolio trading at single-digit free-cash-flow multiples with upside from production growth, modest leverage and active M&A review. Entry at $15.10, stop $13.50, target $21.00 over a long-term (180 trading days) horizon.