Ben Fortson - Kimbell Royalty Director of the General Partner
| KRP Stock | USD 16.04 0.04 0.25% |
Director
Mr. Ben J. Fortson is Director of Kimbell RoyaltyGP, LLC., the General Partner of Kimbell Royalty Partners, LP since November 2015. He has nearly 60 years of experience in the oil and gas industry. Mr. Fortson has served as President and Chief Executive Officer of Fortson Oil Company since 1986 and was Chief Investment Officer and an Executive Vice President or Vice President of the Kimbell Art Foundation, a Contributing Party, since 1975. Mr. Fortson has served on the Board of Trustees of the Kimbell Art Foundation since 1964. He is also a member of the Exchange Club of Fort Worth, a Trustee Emeritus of Texas Christian University and an Emeritus Member of the AllAmerican Wildcatters. Mr. Fortson has a Bachelor of Arts degree from the Texas Christian University. Mr. Fortson was selected to serve as a director because of his broad knowledge of, and extensive experience in, the oil and gas industry. since 2015.
| Age | 88 |
| Tenure | 9 years |
| Address | 777 Taylor Street, Fort Worth, TX, United States, 76102 |
| Phone | 817 945 9700 |
| Web | https://www.kimbellrp.com |
Kimbell Royalty Management Efficiency
The company has Return on Asset of 0.0607 % which means that on every $100 spent on assets, it made $0.0607 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.068 %, implying that it generated $0.068 on every 100 dollars invested. Kimbell Royalty's management efficiency ratios could be used to measure how well Kimbell Royalty manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Kimbell Royalty's Non Current Liabilities Total is relatively stable compared to the past year. As of 11/22/2024, Change To Liabilities is likely to grow to about 2.4 M, while Total Current Liabilities is likely to drop slightly above 9.4 M.Similar Executives
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| Jerry Kyle | Black Stone Minerals | 59 | |
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| Hans Helmerich | Coterra Energy | 62 | |
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| John Longmaid | Black Stone Minerals | 74 | |
| Carin Barth | Black Stone Minerals | 57 | |
| Frances Vallejo | Coterra Energy | 56 | |
| Bill Pardue | Permianville Royalty Trust | 37 | |
| Paul Eckley | Coterra Energy | 66 | |
Management Performance
| Return On Equity | 0.068 | ||||
| Return On Asset | 0.0607 |
Kimbell Royalty Partners Leadership Team
Elected by the shareholders, the Kimbell Royalty's board of directors comprises two types of representatives: Kimbell Royalty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kimbell. The board's role is to monitor Kimbell Royalty's management team and ensure that shareholders' interests are well served. Kimbell Royalty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kimbell Royalty's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Adams, Independent Director of the General Partner | ||
| R Rhynsburger, Controller | ||
| Mitch Wynne, Director of the General Partner | ||
| Erik Daugbjerg, Independent Director of our General Partner | ||
| R Ravnaas, President, Chief Financial Officer of the General Partner | ||
| Robert Ravnaas, Chairman of the Board, Chief Executive Officer of the General Partner | ||
| Matthew Daly, Chief Operating Officer of the General Partner | ||
| Blayne Rhynsburger, Chief Accounting Officer | ||
| Brett Taylor, Executive Vice Chairman of the Board of the General Partner | ||
| Craig Stone, Independent Director of the General Partner | ||
| Ben Fortson, Director of the General Partner | ||
| T Martin, Director of the General Partner |
Kimbell Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Kimbell Royalty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.068 | ||||
| Return On Asset | 0.0607 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.46 % | ||||
| Current Valuation | 1.52 B | ||||
| Shares Outstanding | 80.97 M | ||||
| Shares Owned By Insiders | 5.51 % | ||||
| Shares Owned By Institutions | 35.98 % | ||||
| Number Of Shares Shorted | 2.05 M | ||||
| Price To Earning | 11.73 X |
Pair Trading with Kimbell Royalty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kimbell Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kimbell Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with Kimbell Stock
| 0.71 | AR | Antero Resources Corp | PairCorr |
| 0.62 | EP | Empire Petroleum Corp | PairCorr |
| 0.74 | LB | LandBridge Company Upward Rally | PairCorr |
| 0.76 | PR | Permian Resources Aggressive Push | PairCorr |
Moving against Kimbell Stock
The ability to find closely correlated positions to Kimbell Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kimbell Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kimbell Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kimbell Royalty Partners to buy it.
The correlation of Kimbell Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kimbell Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kimbell Royalty Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kimbell Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.