Kimbell Royalty launches 6M-unit offering; buys Permian, Mid-Con assets for $455M

Three Pumpjacks and a Yellow Sky

Three Pumpjacks and a Yellow Sky

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Kimbell Royalty Partners (NYSE:KRP) -7% post-market Wednesday after saying it has commenced an underwritten public offering of 6M common units, with an underwriters option to purchase up to 900K additional units.

Kimbell (KRP) said it intends to use the net proceeds

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