Kimbell Royalty Partners rises after Keybanc upgrade

Kimbell Royalty Partners, LP

02/04/2026 13:40

** Shares of energy firm Kimbell Royalty Partners KRP.N rise 3.2% to $ 14.6 premarket

** Keybanc raises KRP to "overweight" to "sector weight"

** Brokeage says KRP's projected yields for the next 12 months look much more attractive, and improving M&A funding conditions could support further value creation

     ** Keybanc's PT of $17 implies a more than 20% upside to KRP's last close

** Up to last  close, stock up 20.3% YTD

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.P@thomsonreuters.com;))