Core Insights - Legacy Ridge Capital Management reported a 7% net return for the Partnership in 2025, after accounting for a 1% performance fee, despite facing market volatility that impacted performance [1] - The Partnership's concentrated portfolio consists of 10 names, with a dividend yield of approximately 6% [1] - A shift in the calendar end date could have improved returns by over 4%, indicating the unpredictable nature of concentrated value investing [1] Company Focus: Kimbell Royalty Partners, LP - Kimbell Royalty Partners, LP (NYSE:KRP) is a US-based company that owns and acquires mineral and royalty interests in oil and natural gas properties, with a market capitalization of $1.46 billion [2] - As of February 3, 2026, KRP's stock closed at $13.53 per share, with a one-month return of 17.65% but a decline of 12.48% over the past twelve months [2] - KRP owns approximately 158,000 net royalty acres and has interests in over 131,000 wells, producing 25,530 barrels of oil equivalent (BOE) per day, with reserves of 68 million BOE [3] - The company has a production decline rate of approximately 14% and is expected to pay a dividend of $1.43 per share next year, translating to a yield of 10.8% [3]

Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] Investment Focus - The company has diversified its investments across various sectors including banking, telecommunications, logistics, and hotels, indicating a strategic approach to portfolio management [1] - The entry into the US market in 2020 reflects a growing interest in international investments, particularly in sectors like banks, hotels, and logistics [1] Market Trends - The popularity of insurance companies in the Philippines since 2014 suggests a shift in investment preferences among local investors [1] - The trend of investing in blue-chip companies initially has evolved into a broader strategy that includes various industries and market capitalizations [1] Knowledge Sharing - The decision to write for Seeking Alpha indicates a commitment to sharing insights and gaining knowledge, which can enhance investment strategies and market understanding [1]

Group 1 - The article discusses the launch of American Airlines' AAdvantage program in May 1981, which established the first modern travel rewards program allowing customers to earn miles for travel and shopping [1] - Rida Morwa, a former investment and commercial banker with over 35 years of experience, leads the Investing Group High Dividend Opportunities, focusing on high-yield investment strategies [1] - The service provided by Rida Morwa emphasizes sustainable income through high-yield investments with a targeted safe yield of over 9%, including model portfolios and regular market updates [1]

Core Viewpoint - Kimbell Royalty Partners, LP will release its fourth quarter 2025 financial results on February 26, 2026, before market opening, and will declare its fourth quarter distribution at the same time [1]. Group 1: Financial Results Announcement - The fourth quarter 2025 financial results will be announced on February 26, 2026 [1]. - A conference call will be held on the same day at 10:00 a.m. Central (11:00 a.m. Eastern) to discuss the results [1]. Group 2: Company Overview - Kimbell Royalty Partners is a leading oil and gas mineral and royalty company based in Fort Worth, Texas [3]. - The company owns mineral and royalty interests in over 17 million gross acres across 28 states and in every major onshore basin in the continental United States, including interests in more than 131,000 gross wells [3].

Core Viewpoint - Kimbell Royalty (KRP) is experiencing significant selling pressure, with a 14.3% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst consensus for better-than-expected earnings [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling this condition [2] - KRP's current RSI reading is 24.39, suggesting that the heavy selling pressure may be exhausting itself and a trend reversal could be imminent [5] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for KRP, with the consensus EPS estimate increasing by 42.1% over the last 30 days, indicating a potential for price appreciation [7] - KRP holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the likelihood of a near-term turnaround [8]

Core Viewpoint - Kimbell Royalty Partners has successfully completed a redetermination and amendment of its secured revolving credit facility, enhancing its capital structure and financial flexibility while lowering borrowing costs [1][2]. Group 1: Financial Details - The maximum facility size has been increased from $750 million to $1.5 billion [1][5]. - The borrowing base and total commitments have been reaffirmed at $625 million, with the maturity date extended to December 16, 2030 [2][5]. - The pricing grid has been reduced by 25 basis points, and a 10 basis point Credit Spread Adjustment has been removed, improving interest rate spreads by a total of 35 basis points [5]. Group 2: Company Overview - Kimbell Royalty Partners is a leading oil and gas mineral and royalty company based in Fort Worth, Texas, owning interests in approximately 17 million gross acres across 28 states [3]. - The company has mineral and royalty interests in over 131,000 gross wells, covering every major onshore basin in the continental United States [3]. Group 3: Management Commentary - The President and CFO of Kimbell emphasized that the refinancing strengthens the capital structure by providing lower borrowing costs and enhanced financial flexibility, reflecting the confidence of their 16 existing bank partners [2].

Core Insights - The energy sector has several oversold stocks that present potential buying opportunities for undervalued companies [1] Group 1: Oversold Stocks - Venture Global Inc (NYSE:VG) has an RSI of 28.5, with a stock price decline of approximately 27% over the past month, closing at $5.93 [7] - PBF Energy Inc (NYSE:PBF) has an RSI of 29.4, with a stock price decline of around 21% over the past month, closing at $29.93 [7] - Kimbell Royalty Partners LP (NYSE:KRP) has an RSI of 23.7, with a stock price decline of about 8% over the past five days, closing at $11.79 [7]

Core Insights - The energy sector has several oversold stocks that present potential buying opportunities for undervalued companies [1] Group 1: Oversold Stocks - Venture Global Inc (NYSE:VG) has an RSI of 28.5, with a stock price decline of approximately 27% over the past month, closing at $5.93 [7] - PBF Energy Inc (NYSE:PBF) has an RSI of 29.4, with a stock price drop of around 21% in the last month, closing at $29.93 [7] - Kimbell Royalty Partners LP (NYSE:KRP) has an RSI of 23.7, with an 8% decrease in stock price over the past five days, closing at $11.79 [7]

Core Viewpoint - Kimbell Royalty Partners, LP (NYSE:KRP) has experienced a significant decline in share price due to a downgrade by KeyBanc, reflecting concerns over the oil price environment and competition from larger entities in the mineral rights sector [3][4]. Company Summary - Kimbell Royalty Partners, LP engages in owning and acquiring mineral and royalty interests in oil and natural gas properties [2]. - The company's share price fell by 7.94% between November 19 and November 26, 2025, and has decreased by almost 26% since the beginning of 2025 [1][4]. Industry Context - The downgrade from 'Overweight' to 'Sector Weight' by KeyBanc was influenced by a 'choppy' oil price environment and minimal growth expectations for Permian oil in the upcoming year [3]. - Smaller mineral entities, like Kimbell, face challenges competing against larger players with a strong appetite for mergers and acquisitions [3].

Core Insights - Kimbell Royalty Partners (KRP) offers an attractive dividend, appealing to investors due to the nature of royalty companies receiving payments "off the top" without typical upstream risks [1] Company Overview - KRP operates in the oil and gas sector, which is characterized as a boom-bust, cyclical industry, requiring patience and experience for successful investment [1] - The company does not control the pace of development, which is a common trait among royalty companies [1] Investment Strategy - The investing group Oil & Gas Value Research, led by a retired CPA with an MBA and MA, focuses on under-followed oil companies and out-of-favor midstream companies that present compelling investment opportunities [1] - The group facilitates discussions among oil and gas investors through an active chat room, allowing for the exchange of recent information and ideas [1]