KRP vs. DMLP
Compare and contrast key facts about Kimbell Royalty Partners, LP (KRP) and Dorchester Minerals, L.P. (DMLP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KRP or DMLP.
Correlation
The correlation between KRP and DMLP is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
KRP vs. DMLP - Performance Comparison
Key characteristics
KRP:
-0.61
DMLP:
-0.55
KRP:
-0.65
DMLP:
-0.63
KRP:
0.91
DMLP:
0.92
KRP:
-0.60
DMLP:
-0.72
KRP:
-2.33
DMLP:
-1.56
KRP:
5.86%
DMLP:
7.84%
KRP:
22.60%
DMLP:
22.21%
KRP:
-80.91%
DMLP:
-72.35%
KRP:
-22.70%
DMLP:
-16.93%
Fundamentals
KRP:
$1.34B
DMLP:
$1.58B
KRP:
-$0.12
DMLP:
$2.80
KRP:
0.00
DMLP:
0.00
KRP:
$228.12M
DMLP:
$130.54M
KRP:
$181.22M
DMLP:
$92.99M
KRP:
$52.54M
DMLP:
$91.99M
Returns By Period
In the year-to-date period, KRP achieves a -21.65% return, which is significantly lower than DMLP's -13.57% return.
KRP
-21.65%
-7.18%
-19.93%
-13.79%
27.25%
N/A
DMLP
-13.57%
-5.89%
-4.94%
-11.72%
39.27%
12.30%
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Risk-Adjusted Performance
KRP vs. DMLP — Risk-Adjusted Performance Rank
KRP
DMLP
KRP vs. DMLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kimbell Royalty Partners, LP (KRP) and Dorchester Minerals, L.P. (DMLP). 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.
Dividends
KRP vs. DMLP - Dividend Comparison
KRP's dividend yield for the trailing twelve months is around 13.92%, more than DMLP's 11.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KRP Kimbell Royalty Partners, LP | 13.92% | 10.78% | 11.50% | 11.26% | 8.36% | 11.00% | 9.29% | 12.22% | 5.17% | 0.00% | 0.00% | 0.00% |
DMLP Dorchester Minerals, L.P. | 11.44% | 10.47% | 10.67% | 11.68% | 7.75% | 12.75% | 10.32% | 11.86% | 7.61% | 4.88% | 11.67% | 7.46% |
Drawdowns
KRP vs. DMLP - Drawdown Comparison
The maximum KRP drawdown since its inception was -80.91%, which is greater than DMLP's maximum drawdown of -72.35%. Use the drawdown chart below to compare losses from any high point for KRP and DMLP. For additional features, visit the drawdowns tool.
Volatility
KRP vs. DMLP - Volatility Comparison
Kimbell Royalty Partners, LP (KRP) has a higher volatility of 12.53% compared to Dorchester Minerals, L.P. (DMLP) at 6.94%. This indicates that KRP's price experiences larger fluctuations and is considered to be riskier than DMLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
KRP vs. DMLP - Financials Comparison
This section allows you to compare key financial metrics between Kimbell Royalty Partners, LP and Dorchester Minerals, L.P.. 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