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Kimbell Royalty Partners LP Priced, NYSE: KRP

Owns oil and gas mineral/royalty interests underlying 4.5 million acres across the US.

Industry: Energy

First Day Return: +14.7%

Industry: Energy

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. We are not obligated to fund drilling and completion costs, lease operating expenses or plugging and abandonment costs at the end of a well's productive life. 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.
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IPO Data
IPO File Date 01/06/2017
Offer Price $18.00
Price Range $19.00 - $21.00
Offer Shares (mm) 5.0
Deal Size ($mm) $90
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/02/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $90
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Fort Worth, TX, United States
Founded 2015
Employees at IPO 10
Website www.kimbellrp.com

Kimbell Royalty Partners LP (KRP) Performance