Kimbell Royalty Partners Closes $145.9 Million Permian Basin Acquisition
Kimbell Royalty Partners closed a $145.9 million acquisition of Permian Basin mineral and royalty interests from Mesa Royalties, paying $44.0 million in cash and issuing 6.9 million OpCo units valued at $101.9 million.
Kimbell Royalty Partners closed the purchase of Permian Basin mineral and royalty interests from Mesa Royalties, portfolio companies of funds managed by NGP, in a transaction valued at $145.9 million [1]. The partnership paid $44.0 million in cash, representing approximately 30% of total consideration, and issued 6.9 million newly issued common units of Kimbell Royalty Operating valued at $101.9 million [1].
Kimbell and its affiliate first agreed to the acquisition on May 18, 2026, in a deal then valued at about $147 million, with closing expected in the second quarter of 2026 [2]. The final closing price of $145.9 million represents a $1.1 million reduction from the originally announced figure.
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