KRP Total Return

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KGardiner
Posts: 152
Joined: Mon Feb 08, 2021 5:18 pm

KRP Total Return

Post by KGardiner »

While KRP continues to offer a nice dividend, currently around 12%, its Total Return the past 3 years is basically 1%. Year to date, price is down nearly 30% and total return is down 21%.

I understand low oil and gas prices played a role, and the Tarrif Tantrums in April dealt a big blow for a Non-Op company for some reason, but I don't really understand the full reasons for the market negativity.

If anyone has some ideas, I'd appreaciate them.

Thanks
Kevin
dan_s
Posts: 38657
Joined: Fri Apr 23, 2010 8:22 am

Re: KRP Total Return

Post by dan_s »

Just uncertainty about where oil and gas prices will be in the future. General investors fear all of the noise.
Dan Steffens
Energy Prospectus Group
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