Mergers & Acquisitions ·
Kimbell Royalty Partners, LP completed a $221.2 million acquisition of mineral and royalty interests from affiliated…
KRPKimbell Royalty Partners, LP
Kimbell Royalty Partners, LP completed a $221.2 million acquisition of mineral and royalty interests from affiliated sellers on August 21, 2026. The transaction consideration consisted of approximately $75 million in cash and the issuance of 9.5 million OpCo Common Units paired with an equal number of Class B Units to the sellers. The acquired assets include interests in over 3 million gross acres across the Eagle Ford, Permian, Mid-Con, and Appalachia basins, producing approximately 2,347 Boe/d as of June 1, 2026. Concurrently, Kimbell announced updated 2026 production guidance reflecting a 10% to 15% increase in daily production for Q3 and Q4 compared to prior estimates. The company operates in the oil and gas industry, owning mineral and royalty interests.