KRP vs. CVX

Last updated Apr 2, 2026

Compare and contrast key facts about Kimbell Royalty Partners, LP (KRP) and Chevron Corporation (CVX).

Performance

KRP vs. CVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kimbell Royalty Partners, LP (KRP) and Chevron Corporation (CVX). The values are adjusted to include any dividend payments, if applicable.

KRP vs. CVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KRP Kimbell Royalty Partners, LP	23.44%	-18.60%	20.43%	0.76%	36.93%	89.97%	-48.94%	38.62%	-8.93%	-17.25%
CVX Chevron Corporation	30.79%	10.10%	1.29%	-13.63%	58.46%	46.24%	-25.95%	15.27%	-9.75%	14.61%

Fundamentals

Market Cap KRP : $1.67B CVX : $394.22B
EPS KRP : $0.47 CVX : $6.70
PE Ratio KRP : 30.23 CVX : 29.45
PEG Ratio KRP : 0.11 CVX : 4.34
PS Ratio KRP : 5.08 CVX : 1.95
PB Ratio KRP : 3.14 CVX : 2.11
Total Revenue (TTM) KRP : $333.83M CVX : $187.03B
Gross Profit (TTM) KRP : $313.39M CVX : $34.38B
EBITDA (TTM) KRP : $225.70M CVX : $41.09B

Returns By Period

In the year-to-date period, KRP achieves a 23.44% return, which is significantly lower than CVX's 30.79% return.

KRP

• 1D: -2.21%
• 1M: -0.37%
• YTD: 23.44%
• 6M: 8.88%
• 1Y: 11.46%
• 3Y*: 9.07%
• 5Y*: 19.19%
• 10Y*: —

CVX

• 1D: -4.59%
• 1M: 4.12%
• YTD: 30.79%
• 6M: 30.40%
• 1Y: 22.42%
• 3Y*: 11.16%
• 5Y*: 18.11%
• 10Y*: 12.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

KRP vs. CVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KRP

KRP Risk / Return Rank: 52
KRP Sharpe Ratio Rank: 55
KRP Sortino Ratio Rank: 47
KRP Omega Ratio Rank: 47
KRP Calmar Ratio Rank: 56
KRP Martin Ratio Rank: 56

CVX

CVX Risk / Return Rank: 64
CVX Sharpe Ratio Rank: 70
CVX Sortino Ratio Rank: 61
CVX Omega Ratio Rank: 63
CVX Calmar Ratio Rank: 64
CVX Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KRP vs. CVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kimbell Royalty Partners, LP (KRP) and Chevron Corporation (CVX). 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.

	KRP	CVX	Difference
Sharpe ratio Return per unit of total volatility	0.41	0.89	-0.48
Sortino ratio Return per unit of downside risk	0.74	1.26	-0.52
Omega ratio Gain probability vs. loss probability	1.10	1.18	-0.09
Calmar ratio Return relative to maximum drawdown	0.64	1.13	-0.49
Martin ratio Return relative to average drawdown	1.44	2.44	-1.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KRP vs. CVX - Sharpe Ratio Comparison

The current KRP Sharpe Ratio is 0.41, which is lower than the CVX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of KRP and CVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KRP	CVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.41	0.89	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.73	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.38	-0.24

Correlation

The correlation between KRP and CVX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

KRP vs. CVX - Dividend Comparison

KRP's dividend yield for the trailing twelve months is around 11.10%, more than CVX's 3.50% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KRP Kimbell Royalty Partners, LP	11.10%	13.61%	10.78%	11.50%	11.26%	8.36%	11.00%	9.29%	12.22%	5.17%	0.00%	0.00%
CVX Chevron Corporation	3.50%	4.49%	4.50%	4.05%	3.16%	4.52%	6.11%	3.95%	4.12%	3.45%	3.64%	4.76%

Drawdowns

KRP vs. CVX - Drawdown Comparison

The maximum KRP drawdown since its inception was -80.91%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for KRP and CVX.

Drawdown Indicators

	KRP	CVX	Difference
Max Drawdown Largest peak-to-trough decline	-80.91%	-55.77%	-25.14%
Max Drawdown (1Y) Largest decline over 1 year	-20.50%	-19.67%	-0.83%
Max Drawdown (5Y) Largest decline over 5 years	-27.58%	-24.95%	-2.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-55.77%	—
Current Drawdown Current decline from peak	-4.65%	-6.51%	+1.86%
Average Drawdown Average peak-to-trough decline	-19.77%	-11.40%	-8.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.19%	9.57%	-0.38%

Volatility

KRP vs. CVX - Volatility Comparison

The current volatility for Kimbell Royalty Partners, LP (KRP) is 6.07%, while Chevron Corporation (CVX) has a volatility of 7.94%. This indicates that KRP experiences smaller price fluctuations and is considered to be less risky than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KRP	CVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	7.94%	-1.87%
Volatility (6M) Calculated over the trailing 6-month period	16.01%	15.54%	+0.47%
Volatility (1Y) Calculated over the trailing 1-year period	28.21%	25.44%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.54%	25.05%	+3.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.32%	29.02%	+12.30%

Financials