{
  "id": 2439494,
  "title": "Kimbell Royalty closes $221.2 million acquisition",
  "url": "https://urgent.news/2026/08/21/kimbell-royalty-closes-221-2-million-acquisition",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T21:40:30.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/kimbell-royalty-closes-2212-million-acquisition-93CH-4872193"
  },
  "original_language": "en",
  "account": "Fort Worth, Texas-based Kimbell Royalty Partners, LP successfully closed a $221.2 million acquisition of mineral and royalty interests from affiliated sellers on Thursday, according to a press release. The purchase price included $74.9 million in cash, accounting for approximately 34% of the total consideration, and 9.5 million common units of Kimbell Royalty Operating, LLC, valued at $146.3 million. The closing price of $15.40 per unit reflects the company's valuation as of August 21, 2026. Kimbell Royalty Partners is entitled to cash flow from production attributable to the acquisition starting June 1, 2026. The acquired assets are estimated to produce around 2,347 barrels of oil equivalent per day, with 841 barrels daily of oil, 569 barrels daily of natural gas liquids, and 5,624 thousand cubic feet daily of natural gas. The portfolio encompasses over 3 million gross acres and more than 29,000 producing wells across the Eagle Ford, Permian, Mid-Con, and Appalachia regions. Based in Fort Worth, Texas, Kimbell Royalty Partners owns mineral and royalty interests in more than 17 million gross acres across 28 states.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}