Kimbell Royalty Partners acquires $215M in oil & gas royalties from affiliates

Filed July 17, 2026 · Period ending July 16, 2026 · ~2 min read

Key Changes

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  Kimbell is acquiring mineral and royalty interests across Eagle Ford, Permian, Mid-Con, and Appalachia basins from affiliated sellers for $215.4M total consideration: $74.9M cash (35%) plus 9.5M newly issued units valued at $140.5M (65%). Expected close around August 21, 2026.

  Item 1.01 verify on EDGAR →
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  This is a related-party dropdown transaction. Certain sellers serve as officers/directors of Kimbell's general partner and hold ownership stakes. An independent Conflicts Committee approved the deal after engaging independent financial and legal advisors.

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  Acquired assets include 2,568 net royalty acres with expected Q3 2026 production of 2,347 boe/d, 177 drilled-but-uncompleted wells, and over 29,000 gross producing wells. Production decline rate estimated at 13%.

  Item 8.01 verify on EDGAR →