Kimbell Royalty Partners delivered a notice to redeem 81,250 Series A Cumulative Convertible Preferred Units at $1,233.37895 per unit, totaling approximately $100.2 million. The redemption is scheduled for November 16, 2026, and will be funded through borrowings under the partnership's revolving credit facility. This action represents half of the outstanding Preferred Units as of the notice date. Kimbell Royalty Partners operates in the oil and gas industry, holding royalty and overriding royalty interests.
