We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Kimbell Royalty (KRP) Outperforming Other Oils-Energy Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Kimbell Royalty (KRP - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
Kimbell Royalty is a member of our Oils-Energy group, which includes 256 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Kimbell Royalty is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for KRP's full-year earnings has moved 44.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, KRP has moved about 12.4% on a year-to-date basis. At the same time, Oils-Energy stocks have gained an average of 6.8%. As we can see, Kimbell Royalty is performing better than its sector in the calendar year.
Another Oils-Energy stock, which has outperformed the sector so far this year, is Transocean (RIG - Free Report) . The stock has returned 20.7% year-to-date.
The consensus estimate for Transocean's current year EPS has increased 7.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Kimbell Royalty belongs to the Oil and Gas - Royalty Trust - United States industry, a group that includes 1 individual stocks and currently sits at #6 in the Zacks Industry Rank.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Kimbell Royalty (KRP) Outperforming Other Oils-Energy Stocks This Year?
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Kimbell Royalty (KRP - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
Kimbell Royalty is a member of our Oils-Energy group, which includes 256 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Kimbell Royalty is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for KRP's full-year earnings has moved 44.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, KRP has moved about 12.4% on a year-to-date basis. At the same time, Oils-Energy stocks have gained an average of 6.8%. As we can see, Kimbell Royalty is performing better than its sector in the calendar year.
Another Oils-Energy stock, which has outperformed the sector so far this year, is Transocean (RIG - Free Report) . The stock has returned 20.7% year-to-date.
The consensus estimate for Transocean's current year EPS has increased 7.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Kimbell Royalty belongs to the Oil and Gas - Royalty Trust - United States industry, a group that includes 1 individual stocks and currently sits at #6 in the Zacks Industry Rank.