Kimbell Royalty Partners Acquires Mineral Interests for $221.2 Million

Kimbell Royalty Partners, LP completed the acquisition of mineral and royalty interests from affiliated sellers on August 21, 2026. The transaction was valued at approximately $221.2 million, funded by $74.9 million in cash and 9.5 million common units of Kimbell Royalty Operating, LLC, which were valued at $146.3 million.

The acquired portfolio consists of more than 3 million gross acres and over 29,000 gross producing wells. These assets are distributed across the Eagle Ford, Permian, Mid-Con, and Appalachia regions. As of June 1, 2026, the assets produced approximately 2,347 barrels of oil equivalent per day.

Kimbell Royalty Partners is entitled to cash flow from the production starting from the June 1 effective date. However, the company will begin recording revenues and operating statistics starting from the August 21 closing date.