Kimbell Royalty Partners, LP (KRP) Misses Q4 EPS by 21c, Revenues Beat
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Kimbell Royalty Partners Announces Fourth Quarter 2018 Results; Record Production and Revenue
March 7, 2019 7:31 AM ESTFORT WORTH, Texas, March 7, 2019 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell Royalty Partners" or "Kimbell"), a leading owner of oil and natural gas mineral and royalty interests across 28 states, today announced financial and operating results for the fourth quarter ended December 31, 2018.
Fourth Quarter 2018 Highlights
Q4 2018 distribution of $0.40 per common unit (expected to be substantially tax free), up $0.04 or 11% per common unit from Q4 2017; implies an 9.1% annualized yield based on the March 6, 2019 closing price of $17.50 per common unit 2018 full year distribution of $1.70 per... More