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
KRP Total Return
Re: KRP Total Return
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
Energy Prospectus Group