Kimbell Royalty Partners (KRP) vs Permian Basin Royalty (PBT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Permian Basin Royalty (PBT) has outperformed Kimbell Royalty Partners (KRP) over the past year, gaining 105.2% versus a gain of 12.7%. Over five years, PBT leads with a +460.3% price change compared with -0.1% for KRP. Kimbell Royalty Partners is the larger company by market cap ($1.95 billion vs $1.62 billion), about 1.2 times the size.
On valuation, Kimbell Royalty Partners trades at a lower trailing P/E (17.8x vs 94.2x for Permian Basin Royalty). Kimbell Royalty Partners offers the higher dividend yield (10.55% vs 0.79%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | KRP | PBT |
|---|---|---|
| Share price | $15.16 | $34.85 |
| Market cap | $1.95B | $1.62B |
| 1-day change | +1.61% | +3.72% |
| YTD return | +28.91% | +105.24% |
| 1-year return | +12.71% | +105.24% |
| 5-year return | -0.13% | +460.29% |
| P/E ratio (TTM) | 17.84 | 94.19 |
| Forward P/E | 14.67 | — |
| EPS (TTM) | $0.85 | $0.37 |
| Dividend yield | 10.55% | 0.79% |
| Annual dividend | $1.60 | $0.275 |
| 52-week high | $15.80 | $37.00 |
| 52-week low | $11.31 | $16.25 |
| Distance from 52-week high | -4.05% | -5.81% |
| Analyst consensus | none | — |
| Avg. price target upside | +26.65% | — |
| Average volume | 889.07K | 143.35K |
| Shares outstanding | 100.90M | 46.61M |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PBT has outperformed KRP by 92.5 percentage points over the past year.
- Permian Basin Royalty trades at a higher earnings multiple (94.2x vs 17.8x trailing P/E).
- Kimbell Royalty Partners offers a meaningfully higher dividend yield (10.55% vs 0.79%).
About Kimbell Royalty Partners
KRP stock →Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 1998 and is based in Fort Worth, Texas.
Energy · Oil & Gas Production
About Permian Basin Royalty
PBT stock →Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties located in Crane County, Texas, as well as a 95% net overriding royalty interest in the Texas Royalty properties located in 33 counties across Texas.
Energy · Oil & Gas Production
KRP vs PBT FAQ
Which is bigger, Kimbell Royalty Partners or Permian Basin Royalty?
Kimbell Royalty Partners (KRP) is larger, with a market capitalization of $1.95B compared with $1.62B for Permian Basin Royalty (PBT).
Which stock has performed better over the past year, KRP or PBT?
PBT returned +105.24% over the past 12 months, compared with +12.71% for KRP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, KRP or PBT?
KRP has the lower trailing P/E at 17.8, versus 94.2 for PBT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Kimbell Royalty Partners or Permian Basin Royalty?
Kimbell Royalty Partners has the higher yield at 10.55%, compared with 0.79% for Permian Basin Royalty.
Are Kimbell Royalty Partners and Permian Basin Royalty in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.