SEC Form 10-Q filed by Kimbell Royalty Partners

FORT WORTH, Texas, Jan. 17, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE:KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced that it has closed the previously announced purchase of mineral and royalty interests (the "Acquired Assets") held by a private seller in a cash transaction valued at approximately $230 million, subject to post-closing adjustments (the "Acquisition").  The purchase price of the Acquisition was funded through a combination of an underwritten public offering of common units and borrowings under its revolving credit facility.  Kimbell is entitled to all cash

FORT WORTH, Texas, Jan. 7, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE:KRP) ("Kimbell") today announced the pricing of its upsized public offering of 10,000,000 common units representing limited partner interests, at a public offering price of $14.90 per common unit. The total gross proceeds of the offering, before underwriters' discounts and estimated offering expenses, will be approximately $149.0 million. Kimbell has granted the underwriters an option to purchase up to 1,500,000 additional common units at the public offering price less the underwriting discount and commissions. The offering is expected to close on January 9, 2025, subject to customary closing conditions. Kimb

FORT WORTH, Texas, Jan. 7, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE:KRP) ("Kimbell") today announced that it has commenced an underwritten public offering of 9,000,000 common units representing limited partner interests, subject to market and other conditions. In connection with the offering, Kimbell intends to grant the underwriters an option to purchase up to 1,350,000 additional common units at the public offering price less the underwriting discount and commissions. Kimbell intends to use the net proceeds from the offering for the repayment of outstanding borrowings under its revolving credit facility. At the closing of the pending acquisition of oil and natural gas miner

Truist initiated coverage of Kimbell Royalty Partners with a rating of Buy and set a new price target of $22.00

BofA Securities initiated coverage of Kimbell Royalty Partners with a rating of Buy and set a new price target of $19.00

KeyBanc Capital Markets upgraded Kimbell Royalty Partners from Sector Weight to Overweight and set a new price target of $21.00

8-K - Kimbell Royalty Partners, LP (0001657788) (Filer)

8-K - Kimbell Royalty Partners, LP (0001657788) (Filer)

424B5 - Kimbell Royalty Partners, LP (0001657788) (Filer)

FORT WORTH, Texas, Dec. 19, 2024 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE:KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 129,000 gross wells across 28 states, today announced that it will release its fourth quarter 2024 financial results on Thursday, February 27, 2025, before the market opens. Kimbell will also declare its fourth quarter 2024 distribution concurrent with this release. In conjunction with the earnings release, Kimbell has scheduled a conference call, which will be broadcast live over the Internet the same day at 10:00 a.m. Central (11:00 a.m. Eastern). By Phone: Dial 201-389-0869 at least 10 minutes before the ca

Q3 2024 Run-Rate Daily Production of 23,846 Boe/d (6:1) Activity on Acreage Remains Robust with 90 Active Rigs Drilling Representing 16%1 Market Share of U.S. Land Rig Count Net Drilled But Uncompleted Wells ("DUCs") Increased by 34% Quarter Over Quarter Led by the Permian Basin Record Lease Bonuses Confirming Increased Operator Activity Announces Q3 2024 Cash Distribution of $0.41 per Common Unit FORT WORTH, Texas, Nov. 7, 2024 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE:KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in over 129,000 gross wells across 28 states, today announced financial and operating results for the quarter e

FORT WORTH, Texas, Sept. 25, 2024 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE:KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 129,000 gross wells across 28 states, today announced that it will release its third quarter 2024 financial results on Thursday, November 7, 2024, before the market opens. Kimbell will also declare its third quarter 2024 distribution concurrent with this release. In conjunction with the earnings release, Kimbell has scheduled a conference call, which will be broadcast live over the Internet the same day at 10:00 a.m. Central (11:00 a.m. Eastern). By Phone: Dial 201-389-0869 at least 10 minutes before the cal

4 - Kimbell Royalty Partners, LP (0001657788) (Issuer)