KRP vs. KGS
KRP (Kimbell Royalty Partners, LP) and KGS (Kodiak Gas Services Inc.) are both stocks. Both are in the Energy sector — KRP in Oil & Gas E&P, KGS in Oil & Gas Equipment & Services. Over the past year, KRP returned 12.59% vs 109.92% for KGS. At a 0.34 correlation, their price movements are largely independent.
Performance
KRP vs. KGS - Performance Comparison
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Returns By Period
In the year-to-date period, KRP achieves a 32.35% return, which is significantly lower than KGS's 88.05% return.
KRP
- 1D
- -0.20%
- 1M
- -2.31%
- YTD
- 32.35%
- 6M
- 37.01%
- 1Y
- 12.59%
- 3Y*
- 11.24%
- 5Y*
- 14.83%
- 10Y*
- —
KGS
- 1D
- 3.95%
- 1M
- -5.69%
- YTD
- 88.05%
- 6M
- 93.69%
- 1Y
- 109.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KRP vs. KGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KRP Kimbell Royalty Partners, LP | 32.35% | -18.60% | 20.43% | 12.07% |
KGS Kodiak Gas Services Inc. | 88.05% | -3.73% | 115.21% | 31.97% |
Correlation
The correlation between KRP and KGS is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023 | 0.34 |
The correlation between KRP and KGS shifts across timeframes, from 0.19 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
Fundamentals
KRP:
$1.76B
KGS:
$6.05B
KRP:
$0.60
KGS:
$0.77
KRP:
24.59
KGS:
89.66
KRP:
0.09
KGS:
9.06
KRP:
5.71
KGS:
4.60
KRP:
3.37
KGS:
5.15
KRP:
$309.11M
KGS:
$1.32B
KRP:
$319.28M
KGS:
$487.67M
KRP:
$177.16M
KGS:
$469.03M
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Return for Risk
KRP vs. KGS — Risk / Return Rank
KRP
KGS
KRP vs. KGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kimbell Royalty Partners, LP (KRP) and Kodiak Gas Services Inc. (KGS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KRP | KGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.60 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.47 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 7.78 | -7.17 |
| Martin ratioReturn relative to average drawdown | 1.58 | 19.95 | -18.37 |
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Drawdowns
KRP vs. KGS - Drawdown Comparison
The maximum KRP drawdown since its inception was -80.91%, which is greater than KGS's maximum drawdown of -38.57%. Use the drawdown chart below to compare losses from any high point for KRP and KGS.
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Drawdown Indicators
| KRP | KGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.91% | -38.57% | -42.34% |
Max Drawdown (1Y)Largest decline over 1 year | -20.50% | -14.20% | -6.30% |
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 | -4.95% | -8.84% | +3.89% |
Average DrawdownAverage peak-to-trough decline | -19.37% | -11.42% | -7.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.97% | 5.53% | +2.44% |
Volatility
KRP vs. KGS - Volatility Comparison
The current volatility for Kimbell Royalty Partners, LP (KRP) is 6.60%, while Kodiak Gas Services Inc. (KGS) has a volatility of 11.67%. This indicates that KRP experiences smaller price fluctuations and is considered to be less risky than KGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KRP | KGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 11.67% | -5.07% |
Volatility (6M)Calculated over the trailing 6-month period | 16.81% | 25.36% | -8.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.01% | 35.05% | -12.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.34% | 37.89% | -9.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.29% | 37.89% | +3.40% |
Dividends
KRP vs. KGS - Dividend Comparison
KRP's dividend yield for the trailing twelve months is around 10.22%, more than KGS's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
KGS Kodiak Gas Services Inc. | 2.78% | 4.81% | 3.87% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KRP Kimbell Royalty Partners, LP | 10.22% | 13.61% | 10.78% | 11.50% | 11.26% | 8.36% | 11.00% | 9.29% | 12.22% | 5.17% |
Financials
KRP vs. KGS - Financials Comparison
This section allows you to compare key financial metrics between Kimbell Royalty Partners, LP and Kodiak Gas Services Inc.. 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
KRP vs. KGS - Profitability Comparison
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%.
KGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kodiak Gas Services Inc. reported a gross profit of 0.00 and revenue of 345.76M. Therefore, the gross margin over that period was 0.0%.
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%.
KGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kodiak Gas Services Inc. reported an operating income of 106.81M and revenue of 345.76M, resulting in an operating margin of 30.9%.
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%.
KGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kodiak Gas Services Inc. reported a net income of 17.81M and revenue of 345.76M, resulting in a net margin of 5.2%.
Frequently Asked Questions
KRP and KGS have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KGS has higher volatility (11.67%) compared to KRP (6.60%). In terms of maximum drawdown, KRP dropped -80.91% vs KGS's -38.57%.
KGS currently has the higher Sharpe Ratio (3.15 vs 0.55), 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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