Kimbell Royalty controller Blayne Rhynsburger sells $24,327 in shares

Kimbell Royalty Partners, LP (NYSE: KRP) disclosed that its Controller, Blayne Rhynsburger, sold a total of $24,327 worth of common units on September 22, 2026. Rhynsburger transferred 1,700 common units, each valued at $14.31, bringing his remaining stake to 68,939 units. This sale came shortly after the company's Q2 earnings surpassed analyst expectations, with adjusted earnings of $0.40 per unit and revenue of $112.48 million.

Kimbell Royalty Partners offers a 13.16% dividend yield and maintains dividend payments for 10 consecutive years, according to InvestingPro insights. The stock's Fair Value is estimated at $16.42, positioning it as a potential opportunity. The company's strong performance was fueled by record revenue from oil, natural gas, and NGL, exceeding $100 million for the first time.

Kimbell Royalty Partners also raised its common-unit distribution by 15% to $0.47. Keybanc upgraded its price target to $18, highlighting favorable market conditions.