KRP Controller Sells 1,700 Units; Insider Buys at Zero
KRP's controller sold 1,700 units for about $24,300, one of four insider sells this year against zero buys. GuruFocus's model still calls the stock Fairly Valued.
Kimbell Royalty Partners, LP currently carries an Alpha Score of n/a, giving AlphaScala's model a neutral read on the setup.
Blayne Rhynsburger, controller at Kimbell Royalty Partners, sold 1,700 units of the oil and gas royalty partnership on Sept. 22, an SEC filing shows.
The transaction was worth roughly $24,300, a small sum in a single trade. The pattern behind it is larger. Rhynsburger has sold 12,833 units over the past twelve months and bought none in that stretch.
Across the partnership, the same period produced four insider sells and zero insider buys, according to the filing history.
Kimbell is a limited partnership that owns mineral and royalty interests in producing basins, among them the Permian, the Mid-Continent, the Appalachian and the Williston. It does not run wells or carry drilling costs; it collects royalty payments on production from acreage it holds. Unlike a working-interest owner, the structure carries none of the capital-expenditure burden of drilling. A large share of cash flow goes out as distributions to unitholders, which keeps the units in income portfolios. The oil price determines the size of those royalty checks, and the crude oil profile tracks that driver.
On the day of the sale, units traded at $14.31, putting the market value of the partnership near $1.45 billion. The price-earnings ratio of 20.27 sits above the industry median of 14.17 and below Kimbell's own historical median. GuruFocus's GF Value model, which blends the stock's historical multiples with forward estimates from Morningstar analysts, sets fair value at $14.87. The resulting price-to-GF-Value ratio of 0.96 earns a Fairly Valued label from GuruFocus.
GuruFocus also tracks institutional ownership through 13F filings, which show three gurus holding KRP units. One added to a position in recent quarters; two trimmed.
Sales by executives can reflect personal planning, diversification, tax needs or liquidity demands rather than a verdict on the business. When selling is steady and unaccompanied by purchases, it becomes a data point for unitholders to weigh against the distribution yield and the production trend. KRP carries no Alpha Score on AlphaScala and is listed as Unscored on its stock page.
Rhynsburger's 1,700-unit sale leaves his direct stake at 68,939 units.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.