Kimbell Royalty Partners, LP

General Information
Business:

We are a Delaware limited partnership formed to own and acquire mineral and royalty interests in oil and natural gas properties throughout the United States. As an owner of mineral and royalty interests, we are entitled to a portion of the revenues received from the production of oil, natural gas and associated natural gas liquids from the acreage underlying our interests, net of post-production expenses and taxes. Our primary business objective is to provide increasing cash distributions to unitholders resulting from acquisitions from our Sponsors, the Contributing Parties and third parties and from organic growth through the continued development by working interest owners of the properties in which we own an interest. As of December 31, 2015, we owned mineral and royalty interests in approximately 3.7 million gross acres and overriding royalty interests in approximately 0.9 million gross acres, with approximately 44% of our aggregate acres located in the Permian Basin.

Industry: CRUDE PETROLEUM & NATURAL GAS
Employees:
Founded: 2015
Contact Information
Address 777 Taylor Street, Suite 810, Fort Worth, TX 76102, US
Phone Number (817) 945-9700
Web Address
View Prospectus: Kimbell Royalty Partners, LP
Financial Information
Market Cap $326.6mil
Revenues $3.6 mil (last 12 months)
Net Income $-10.1 mil (last 12 months)
IPO Profile
Symbol KRP
Exchange NYSE
Shares (millions): 5.0
Price range $18.00 - $18.00
Est. $ Volume $90.0 mil
Manager / Joint Managers Raymond James/ RBC Capital Markets/ Stifel
CO-Managers Stephens/ Wunderlich
Expected To Trade: 2/3/2017
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change