Kimbell Royalty Partners Announces $175 Million Acquisition of Mineral and Royalty Interests in a Cash and Unit Transaction
Kimbell Royalty Partners Common Units Representing Limited Partner Interests (KRP)
Last kimbell royalty partners common units representing limited partner interests earnings: 2/27 07:00 am
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US:NYSE Investor Relations:
kimbellrp.com
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Source: PR Newswire
FORT WORTH, Texas, Jan. 9, 2020 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in approximately 13 million gross acres in 28 states, today announced that it has agreed to acquire the mineral and royalty interests held by Dallas-based Springbok Energy Partners, LLC ("SEP I") and Springbok Energy Partners II, LLC ("SEP II" and, collectively with SEP I, "Springbok") in a transaction valued at approximately $175 million, subject to purchase price adjustments (the "Acquisition"). The purchase price for the Acquisition is comprised of $95 million in cash (approximately 54% of the total consideration) and an aggregate of approximately 2.2 million common units of Kimbell and approximately 2.5 million common units of Kimbell Royalty Operating, LLC, which are together valued at $80 million2 (approximately 46% of the total consideration). Kimbell intends to raise the cash portion of the purchas
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- Kimbell Royalty Partners Reports Strong Q3 2024 Performance [Yahoo! Finance]Yahoo! Finance
- Kimbell Royalty Partners, LP (KRP) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Kimbell Royalty Partners Announces Third Quarter 2024 ResultsPR Newswire
KRP
Earnings
- 11/7/24 - Beat
KRP
Sec Filings
- 11/14/24 - Form 4
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 10-K/A
- KRP's page on the SEC website