Kimbell Royalty Partners, LP (KRP) Reports Q3 Revenues Beat

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Go back to Kimbell Royalty Partners, LP (KRP) Reports Q3 Revenues Beat

Kimbell Royalty Partners Announces Record Third Quarter 2019 Results

November 7, 2019 7:00 AM EST

FORT WORTH, Texas, Nov. 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 in more than 92,000 gross producing wells across 28 states, today announced financial and operating results for the third quarter ended September 30, 2019. 

Third Quarter 2019 Highlights

Kimbell exceeds high end of Q3 2019 production guidance and raises Q4 2019 production guidance Q3 2019 cash distribution of $0.42 per common unit, up 7.7% from Q2 2019; implies a robust 12.3% annualized yield based on the November 6, 2019 closing price of... More