Kimbell Royalty Partners, LP (KRP) Form S-3 — Aug 28, 2026
Kimbell Royalty Partners filed a Form S-3 shelf registration statement registering the resale of up to 9,500,000 common units held by selling unitholders Rivercrest Capital Partners LP, Rivercrest Capital Partners II LP, and Cupola Royalty Direct, LLC. The units were issued in a private placement on August 21, 2026 as consideration for Kimbell's acquisition of mineral and royalty assets, including interests in OGM Partners I and RCPTX, Ltd. This is a purely secondary registration: Kimbell will receive no proceeds, with all sales proceeds going to the selling unitholders.
Key figures
- Gross Proceeds
- Up to $143,687,500 (maximum aggregate; all proceeds go to selling unitholders, none to Kimbell)
- Offering Price
- 15.125
- Shares Offered
- 9500000
- Shares Outstanding
- 100,895,984 common units outstanding as of July 31, 2026 (110,395,984 pro forma including the 9,500,000 registered units)
- Class b units outstanding
- 13807606
- Series a conversion price
- 15.07
- Series a preferred authorized
- 400000
- Series a preferred units outstanding
- 162500
- Selling unitholders units after offering
- 3076559
- Selling unitholders units prior to offering
- 12576559
- Selling unitholders post sale ownership percent
- 2.8%
Price after filing
Close on the filing date to close N calendar days later (from $14.91). Historical, not a forecast.
AI analysis
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