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-0.021301093839954 -0.021301093839954 -0.021301093839954 -0.0788716177317214 -0.0857800805987335 -0.0817616580310881 -0.0616004605641911 -0.0466321243523315
Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: kimbellrp.com
Company Research 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 Show less Read more
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