Kimbell Partners buys Midland Basin assets in $231M deal, launches 9M-unit offering
Kimbell Royalty Partners (NYSE:KRP) -6.6% post-market Tuesday after saying it agreed to acquire mineral and royalty interests held by an unnamed private seller for $231M in cash and units. Under the deal terms,
Kimbell Royalty Partners Prices Upsized Public Offering Of 10 Mln Units At $14.90/unit
Kimbell Royalty Partners LP (KRP) announced the pricing of its upsized public offering of 10 million common units representing
Kimbell Royalty Partners Buying Midland Basin Assets for $231M
Kimbell Royalty Partners has agreed to buy mineral and royalty assets in the Midland Basin from a private seller for $231 million. The oil and natural gas mineral and royalty interests are located under the Mabee Ranch in the core of the Midland Basin in western Texas, with about 875 gross producing wells on over 68,000 gross acres.
Kimbell Royalty Partners, LP Announces $231 Million Midland Basin Acquisition in Cash and Unit Transaction(1)
Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in approximately 17 million gross acres in 28 states, today announced that it has agreed to acquire mineral and royalty interests (the "acquired assets") held by a private seller ("Seller") in a cash and unit transaction valued at approximately $231 million,
KeyBanc Keeps Their Buy Rating on Kimbell Royalty Partners (KRP)
In a report released today, Tim Rezvan from KeyBanc maintained a Buy rating on Kimbell Royalty Partners (KRP – Research Report). The company’s
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Why Did Truist Give Kimbell Royalty Partners LP (KRP) Stock Buy Rating?
Kimbell Royalty Partners LP (KRP) stock saw a decline, ending the day at $15.41 which represents a decrease of $-0.86 or -5.29% from the prior close of $16.27. The stock opened at $15.68 and touched a ...
Kimbell Royalty Partners, LP Announces Public Offering of Common Units
Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell") today announced that it has commenced an underwritten public offering of 9,000,000 common units representing limited partner interests, subject to ...
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Kimbell Royalty Partners LP
Kimbell Royalty Partners LP engages in owning and acquiring mineral and royalty interests in oil and natural gas properties. The company was founded by Robert Ravnaas, R. Davis Ravnaas ...