AcquisitionsJul 17, 2026, 08:21 AM
Kimbell Royalty Partners to Acquire $215.4M Royalty Interests
AI Summary
Kimbell Royalty Partners, LP announced a $215.4 million acquisition of oil and gas royalty interests from affiliated sellers. The consideration comprises $74.9 million in cash and 9.5 million newly issued Opco Common Units. The transaction is expected to be immediately accretive to distributable cash flow per unit and is anticipated to close around August 21, 2026, with an effective date of June 1, 2026.
Key Highlights
- Kimbell Royalty Partners to acquire royalty interests for $215.4 million.
- Consideration includes $74.9 million in cash and 9.5 million Opco Common Units.
- Expected Q3 2026 average daily production of 2,347 boe/d from acquired assets.
- Acquisition adds approximately 2,568 Net Royalty Acres (20,547 NRA normalized to 1/8th).
- Transaction expected to close on or around August 21, 2026, with a June 1, 2026 effective date.
- Assets are strategically focused in the Eagle Ford, Permian, Mid-Con, and Appalachia basins.
Price Impact
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