Kimbell Royalty Partners, LP — News

FORT WORTH, Texas, July 17, 2026 /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 the purchase of certain oil and gas royalty interests from certain affiliated sellers for approximately $215.4 million (the "Drop Down").  HIGHLIGHTS Expected to close on or around August 21, 2026 and be immediately accretive to distributable cash flow per unit1 Total purchase price consideration is comprised of $74.9 million in cash (approximately 35%) and 9.5 million newly issued common units of Kimbell Royalty Operating, LLC ("OpCo") valued at $140.5 million, subject to customary closing and post-closing adjustments Approximately 2,568 Net Royalty Acres (20,547 NRA normalized to 1/8th), strategically focused in premier areas of the Eagle Ford, Permian, Mid-Con and Appalachia Expected Q3 2026 average daily production of 2,347 boe/d (841 Bbl/d of oil, 569 Bbl/d of NGLs, and 5,624 Mcf/d of natural gas) (6:1) Targeted multi-basin portfolio spans over 3 million gross acres with over 29,000 gross producing wells in high-growth areas across the Lower 48, further expanding Kimbell's scaled and diversified mineral and royalty position Expected near-term production growth supported by strong historical development cadence, 9 rigs actively drilling on acreage as of March 31, 2026, and 177 DUCs and permits Shallow production decline of 13% enhances Kimbell's best-in-class five-year PDP decline rate "We are pleased to announce the second drop down acquisition since our IPO in February 2017, and we expect the transaction to drive significant production and distributable cash flow growth, both in the near term and for years to come," said Bob Ravnaas, Chairman and Chief Executive Officer of Kimbell's general partner.

prnewswire.com - 2026-07-17 08:00:00

Ted Oakley of Oxbow Advisors sees a market that is “not normal,” with investors locked into the S&P 500 that is not giving them a diversified portfolio.

marketwatch.com - 2026-07-17 07:46:00

FORT WORTH, Texas, June 22, 2026 /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 Mesa Royalties (portfolio companies of funds managed by NGP), in a cash and unit transaction valued at approximately $145.9 million1 (the "Acquisition").  The purchase price for the Acquisition was comprised of $44.0 million in cash (approximately 30% of the total consideration) and approximately 6.9 million newly issued common units of Kimbell Royalty Operating, LLC ("OpCo") valued at $101.9 million.

prnewswire.com - 2026-06-22 16:55:00

Kimbell Royalty Partners LP continues to deliver robust returns and maintains a buy rating despite valuation nearing its updated target price of $17.34. KRP's asset-light, low-cost model and expanding Permian Basin exposure underpin resilience amid oil and gas market volatility and commodity price swings. Stable production volumes, expanding acreage, and prospective natural gas demand from data centers support KRP's long-term growth outlook.

seekingalpha.com - 2026-06-11 08:52:15

FORT WORTH, Texas, June 10, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 133,000 gross wells across 28 states, today announced that it will release its second quarter 2026 financial results on Friday, August 7, 2026, before the market opens. Kimbell will also declare its second quarter 2026 distribution concurrent with this release.

prnewswire.com - 2026-06-10 08:00:00

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seekingalpha.com - 2026-06-08 07:35:00

Kimbell is making a $147 million Permian Basin acquisition of mineral and royalty interests, with the consideration roughly 30% cash and 70% equity. It expects forward-year production of 1,390 BOEPD (54% oil) from those assets. This adds around 9% to its oil production. Kimbell's unit count is increasing by approximately 6% from the deal, and its distributable cash flow may increase by around 1% per unit.

seekingalpha.com - 2026-05-31 10:03:32

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247wallst.com - 2026-05-29 08:03:40

HIGHLIGHTS Expected to be immediately accretive to distributable cash flow per unit1 Transaction expected to be funded with approximately 70% newly issued OpCo units directly to seller and 30% cash Targeted oil and natural gas mineral and royalty interests located across the Permian Basin, with over 2,300 gross producing wells and over 600 undeveloped locations Estimated $23.3 million of NTM cash flow at strip pricing as of May 15, 20262 FORT WORTH, Texas, May 19, 2026 /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 agreed to acquire mineral and royalty interests ("acquired assets") from Mesa Royalties (portfolio companies of funds managed by NGP), in a cash and unit transaction valued at approximately $147.0 million3, subject to purchase price adjustments and other customary closing adjustments (the "Acquisition").  The purchase price for the Acquisition is comprised of $44.0 million in cash (approximately 30% of the total consideration) and approximately 6.9 million newly issued common units of Kimbell Royalty Operating, LLC ("OpCo") valued at $103.0 million.

prnewswire.com - 2026-05-19 08:30:00

[key points] Oil is back in the headlines, and royalty trusts are quietly soaking up the rebound.

247wallst.com - 2026-05-14 12:05:54

From a technical perspective, Kimbell Royalty (KRP) is looking like an interesting pick, as it just reached a key level of support. KRP recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

zacks.com - 2026-05-13 10:35:15

Kimbell Royalty NYSE: KRP reported first-quarter results that management said reflected stronger-than-expected production, continued drilling activity across its mineral and royalty acreage and a higher quarterly distribution to common unitholders.

marketbeat.com - 2026-05-11 03:13:38

Kimbell Royalty Partners, LP Common Units (KRP) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-07 14:41:16

Kimbell Royalty (KRP) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.2 per share a year ago.

zacks.com - 2026-05-07 09:55:54

Q1 2026 Run-Rate Daily Production of 25,522 Boe/d (6:1) Activity on Acreage Remains Robust with 85 Active Rigs Drilling Representing 16% 1  Market Share of U.S. Land Rig Count Announces Q1 2026 Cash Distribution of $0.41 per Common Unit FORT WORTH, Texas, May 7, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Partnership"), a leading owner of oil and natural gas mineral and royalty interests in over 133,000 gross wells across 28 states, today announced financial and operating results for the quarter ended March 31, 2026.  First Quarter 2026 Highlights Q1 2026 run-rate daily production of 25,522 barrels of oil equivalent ("Boe") per day (6:1) Q1 2026 oil, natural gas and NGL revenues of $82.9 million Q1 2026 net income of approximately $6.9 million and net income attributable to common units of approximately $4.0 million Q1 2026 consolidated Adjusted EBITDA of $68.0 million Cash G&A per BOE of $2.31 in Q1 2026, below low-end of guidance reflecting operational discipline and positive operating leverage As of March 31, 2026, Kimbell's major properties2 had 6.85 net DUCs and net permitted locations on its acreage compared to an estimated 6.80 net wells needed to maintain flat production As of March 31, 2026, Kimbell had 85 rigs actively drilling on its acreage, representing approximately 16% market share of all land rigs drilling in the continental United States as of such time Announced a Q1 2026 cash distribution of $0.41 per common unit, reflecting a payout ratio of 75% of cash available for distribution; implies a 11.2% annualized yield based on the May 6, 2026 closing price of $14.59 per common unit; Kimbell intends to utilize the remaining 25% of its cash available for distribution to repay a portion of the outstanding borrowings under Kimbell's secured revolving credit facility During Q1 2026, Kimbell repurchased and cancelled 500,000 of its common units for an aggregate purchase price of approximately $7.3 million (average price of $14.60 per unit) Kimbell affirms its financial and operational guidance ranges for 2026 previously disclosed in its Q4 2025 earnings release _________________________ 1 Based on Kimbell rig count of 85 and Baker Hughes U.S. land rig count of 530 as of March 31, 2026.

prnewswire.com - 2026-05-07 07:00:00

Investors need to pay close attention to KRP stock based on the movements in the options market lately.

zacks.com - 2026-05-04 13:01:27

Kimbell Royalty (KRP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

zacks.com - 2026-04-30 13:20:38

Kimbell Royalty (KRP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com - 2026-04-30 11:06:49