DEC vs. KRP
DEC (Diversified Energy Company PLC) and KRP (Kimbell Royalty Partners, LP) are both stocks. Both are in the Energy sector — DEC in Oil & Gas Integrated, KRP in Oil & Gas E&P. Over the past year, DEC returned 7.99% vs 28.58% for KRP. At a 0.45 correlation, their price movements are largely independent.
Performance
DEC vs. KRP - Performance Comparison
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Returns By Period
In the year-to-date period, DEC achieves a 1.26% return, which is significantly lower than KRP's 36.83% return.
DEC
- 1D
- -1.47%
- 1M
- -14.74%
- YTD
- 1.26%
- 6M
- -3.48%
- 1Y
- 7.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KRP
- 1D
- 0.26%
- 1M
- 0.49%
- YTD
- 36.83%
- 6M
- 26.81%
- 1Y
- 28.58%
- 3Y*
- 12.14%
- 5Y*
- 15.35%
- 10Y*
- —
DEC vs. KRP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DEC Diversified Energy Company PLC | 1.26% | -6.66% | 27.42% | -16.31% |
KRP Kimbell Royalty Partners, LP | 36.83% | -18.60% | 20.43% | -1.51% |
Correlation
The correlation between DEC and KRP is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2023 | 0.45 |
Fundamentals
DEC:
$1.05B
KRP:
$1.82B
DEC:
$3.54
KRP:
$0.60
DEC:
3.97
KRP:
25.43
DEC:
0.02
KRP:
0.10
DEC:
0.38
KRP:
5.91
DEC:
1.06
KRP:
3.48
DEC:
$2.62B
KRP:
$309.11M
DEC:
$109.46M
KRP:
$319.28M
DEC:
-$69.85M
KRP:
$177.16M
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Return for Risk
DEC vs. KRP — Risk / Return Rank
DEC
KRP
DEC vs. KRP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diversified Energy Company PLC (DEC) and Kimbell Royalty Partners, LP (KRP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DEC | KRP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.22 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 1.40 | -1.07 |
| Martin ratioReturn relative to average drawdown | 0.63 | 3.61 | -2.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DEC | KRP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 1.25 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.17 | -0.16 |
Drawdowns
DEC vs. KRP - Drawdown Comparison
The maximum DEC drawdown since its inception was -37.95%, smaller than the maximum KRP drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for DEC and KRP.
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Drawdown Indicators
| DEC | KRP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.95% | -80.91% | +42.96% |
Max Drawdown (1Y)Largest decline over 1 year | -24.17% | -20.50% | -3.67% |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.58% | — |
Current DrawdownCurrent decline from peak | -21.64% | -0.20% | -21.44% |
Average DrawdownAverage peak-to-trough decline | -16.86% | -19.45% | +2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.76% | 7.94% | +4.82% |
Volatility
DEC vs. KRP - Volatility Comparison
Diversified Energy Company PLC (DEC) has a higher volatility of 12.18% compared to Kimbell Royalty Partners, LP (KRP) at 8.64%. This indicates that DEC's price experiences larger fluctuations and is considered to be riskier than KRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEC | KRP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.18% | 8.64% | +3.54% |
Volatility (6M)Calculated over the trailing 6-month period | 29.79% | 17.24% | +12.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.30% | 22.90% | +16.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.72% | 28.30% | +17.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.72% | 41.10% | +4.62% |
Dividends
DEC vs. KRP - Dividend Comparison
DEC's dividend yield for the trailing twelve months is around 8.25%, less than KRP's 9.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DEC Diversified Energy Company PLC | 8.25% | 8.01% | 10.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KRP Kimbell Royalty Partners, LP | 9.89% | 13.61% | 10.78% | 11.50% | 11.26% | 8.36% | 11.00% | 9.29% | 12.22% | 5.17% |
Financials
DEC vs. KRP - Financials Comparison
This section allows you to compare key financial metrics between Diversified Energy Company PLC and Kimbell Royalty Partners, LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
DEC vs. KRP - Profitability Comparison
DEC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Diversified Energy Company PLC reported a gross profit of -432.46M and revenue of 1.09B. Therefore, the gross margin over that period was -39.7%.
KRP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported a gross profit of 59.66M and revenue of 65.54M. Therefore, the gross margin over that period was 91.0%.
DEC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Diversified Energy Company PLC reported an operating income of 401.80M and revenue of 1.09B, resulting in an operating margin of 36.8%.
KRP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported an operating income of 15.80M and revenue of 65.54M, resulting in an operating margin of 24.1%.
DEC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Diversified Energy Company PLC reported a net income of 376.38M and revenue of 1.09B, resulting in a net margin of 34.5%.
KRP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported a net income of 3.97M and revenue of 65.54M, resulting in a net margin of 6.1%.
Frequently Asked Questions
DEC and KRP have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DEC has higher volatility (12.18%) compared to KRP (8.64%). In terms of maximum drawdown, DEC dropped -37.95% vs KRP's -80.91%.
KRP currently has the higher Sharpe Ratio (1.25 vs 0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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