Kimbell Royalty Partners to Redeem $100.2 Million of Preferred Units
Kimbell Royalty Partners delivered notice to redeem 81,250 Series A cumulative convertible preferred units for about $100.2 million on Nov. 16.
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Kimbell Royalty Partners delivered notice to redeem 81,250 Series A cumulative convertible preferred units for about $100.2 million on Nov. 16.
Kimbell Royalty Partners will redeem 81,250 Series A Cumulative Convertible Preferred Units on November 16, 2026, for approximately $100.2 million. The redemption price is $1,233.37895 per Preferred Unit. * Units called for redemption represent half of those outstanding when the October 16, 2026, notice was delivered.
Kimbell Royalty Partners reported second-quarter records across revenue, net income, Adjusted EBITDA and production. It declared a $0.47-per-unit distribution, up 15% from Q1 2026; results included contributions from the Mesa Royalties acquisition.