4 stories mentioning KRPUpdated 24d ago
Every FINWIRES story that references KRP, newest first.
Kimbell Royalty Partners (KRP) filed a registration statement for the resale of 9.5 million common units by the selling unitholders.The company will not receive any proceeds from the resale, according to the filing.
Kimbell Royalty Partners (KRP) on Friday filed a prospectus to register the resale of up to 6.929 million common units by selling unitholders.The common units were issued in a private placement completed on June 22 in connection with the company's purchase of mineral and royalty assets under a May 18 agreement.The company said it will not receive any proceeds from the sale of the common units by the selling unitholders.Price: $14.86, Change: $+0.11, Percent Change: +0.75%
Kimbell Royalty Partners (KRP) closed its acquisition of mineral and royalty interests from Mesa Royalties for $145.9 million in units and cash.The deal was funded with 6.9 million newly issued common units valued at $101.9 million and $44 million in cash, Kimbell said Monday in a statement.The assets span 16 Permian Basin counties and are expected to produce 1,390 barrels of oil equivalent per day over the next 12 months, Kimbell said.
Kimbell Royalty Partners (KRP) reported Q1 net income Thursday of $0.04 per unit, down from $0.20 a year earlier.Three analysts polled by FactSet expected $0.18.Total revenue for the quarter ended March 31 was $65.5 million, down from $84.2 million a year earlier.Analysts surveyed by FactSet expected $90.3 million.Shares of Kimbell Royalty were down more than 2% in Thursday trading.Price: $14.25, Change: $-0.34, Percent Change: -2.33%
