Kimbell Royalty Partners Acquires Certain Oil, Gas Royalty Interests For ~$215.4M
Kimbell Royalty Partners, LP (NYSE:KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced the
Kimbell Royalty Partners spent about $215 million to buy rights to collect money from oil and gas wells. When companies buy things that make money, it can mean they think those businesses will do well and grow their income.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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