Past year: ▲ 13%(11.76 – 15.40 USD)
Each one in plain English, with the numbers worked through for a shareholder.
26 Dec 2019substantial holder notice● Neutral
Buckhorn Resources GP, LLC, Buckhorn Minerals I GP, LP, Buckhorn Minerals I, LP, Buckhorn Minerals II, LP, Buckhorn Minerals III, LP, Buckhorn Minerals III-QP, LP, Buckhorn Minerals IV, LP, Bret A. Zorich disclosed a new substantial Kimbell Royalty Partners, LP shareholding (9.20% of votes).
16 Dec 2019capital raising announcement● Neutral
Kimbell closed the Buckhorn acquisition, issuing fewer units than originally agreed (2,169,348 vs. the signed 2,207,880) but at a higher valuation (about $36.3 million vs. $31.8 million) after price adjustments.
14 Nov 2019capital raising announcement▲ Good
Kimbell agreed to acquire mineral and royalty assets from the Buckhorn Minerals family of entities for about $31.8 million in OpCo/Class B units.
8 Nov 2019quarterly activities report▼ Bad
Kimbell reported third-quarter 2019 total revenues of $33.0 million and a net loss of $28.9 million, or $16.3 million attributable to common units, after $34.9 million of impairments.
7 Nov 2019quarterly activities report▼ Bad
Kimbell reported third-quarter 2019 total revenue of $33.0 million and a net loss of $28.9 million, or $16.3 million attributable to common units. The loss reflected a $34.9 million non-cash impairment.
8 Aug 2019quarterly activities report▼ Bad
Kimbell reported second-quarter 2019 total revenue of $31.9 million and a net loss of $20.4 million, or $11.8 million attributable to common units. The loss was driven by a $28.1 million non-cash impairment.
8 Aug 2019quarterly activities report▼ Bad
Kimbell reported second-quarter 2019 total revenue of $31.9 million and a net loss of $20.4 million, or $11.8 million attributable to common units. The loss was driven by a $28.1 million non-cash impairment.
28 May 2019debt financing▲ Good
Kimbell expanded its revolving credit facility to $225 million, adding Independent Bank as a new $20 million lender, and had its borrowing base raised to $300 million at the scheduled redetermination -- more capacity to keep funding acquisitions.
17 May 2019securities registration● Neutral
Kimbell Royalty Partners, LP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
9 May 2019quarterly activities report▼ Bad
Kimbell Royalty Partners, LP reported quarterly revenue of $17.9 million and a net loss of $3.7 million for the period ended 2019-03-31.
9 May 2019quarterly activities report▼ Bad
Kimbell Royalty Partners, LP reported quarterly revenue of $17.9 million and a net loss of $3.7 million for the period ended 2019-03-31.
9 May 2019substantial holder notice● Neutral
Rivercrest Royalties Holdings II and the Yorktown entities filed a final Schedule 13D amendment after Holdings II distributed 1,117,511 Kimbell common units to its members on April 23, 2019. They reported 940,461 units (4.1%) and no longer held more than 5%.
23 Apr 2019securities registration● Neutral
Kimbell Royalty Partners, LP registered a securities offering with the SEC using its shelf eligibility.
4 Apr 2019substantial holder notice● Neutral
PEP I Holdings, LLC, PEP II Holdings, LLC, PEP III Holdings, LLC, EnCap Energy Capital Fund VI, L.P, EnCap VI-B Acquisitions, L.P, EnCap Energy Capital Fund VII, L.P, EnCap Energy Capital Fund VIII, L.P, EnCap Partners GP, LLC disclosed a new substantial Kimbell Royalty Partners, LP shareholding (32.53% of votes).
26 Mar 2019asset acquisition disposition● NeutralMajor
Kimbell closed the Phillips (PEP I/II/III) acquisition and consolidated its various registration rights agreements -- covering the Haymaker/KKR, Apollo, Rivercrest, Kimbell Art Foundation and Cupola unitholders -- into a single amended and restated agreement, formalizing the growing roster of insider and PE-backed owners (Apollo affiliates appear here as an existing party, predating their larger 2023 preferred investment).
19 Mar 2019securities registration● Neutral
Kimbell Royalty Partners, LP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
18 Mar 2019securities registration● Neutral
Kimbell Royalty Partners, LP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
14 Feb 2019substantial holder notice● Neutral
Rivercrest Royalties Holdings II, LLC, Yorktown Energy Partners X, L.P, Yorktown X Company LP, Yorktown X Associates LLC reported a Kimbell Royalty Partners, LP shareholding of 1,241,679 shares (6.40% of votes) in a periodic institutional filing.
12 Feb 2019capital raising announcement▲ GoodMajor
Kimbell agreed to acquire all equity interests in entities holding mineral and royalty interests from three Phillips sellers (PEP I, II and III Holdings). In exchange it would issue 9.4 million Opco common units and an equal number of Class B units, with closing expected in the first quarter of 2019.
12 Feb 2019substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP reported a Kimbell Royalty Partners, LP shareholding of 1,400,864 shares (8.08% of votes) in a periodic institutional filing.
30 Jan 2019securities registration● Neutral
Kimbell Royalty Partners, LP registered a securities offering with the SEC using its shelf eligibility.
31 Dec 2018substantial holder notice● Neutral
Ben J. Fortson, Kimbell Art Foundation reported a Kimbell Royalty Partners, LP shareholding of 5,267,321 shares (22.70% of votes) in a periodic institutional filing.
31 Dec 2018substantial holder notice● Neutral
Rivercrest Capital Partners LP, Rivercrest Capital Management LLC, Rivercrest Holding LP, Rivercrest Capital GP LLC disclosed a new substantial Kimbell Royalty Partners, LP shareholding (13.50% of votes).
31 Dec 2018substantial holder notice● Neutral
Rivercrest Royalties Holdings II, LLC, Yorktown Energy Partners X, L.P, Yorktown X Company LP, Yorktown X Associates LLC disclosed a new substantial Kimbell Royalty Partners, LP shareholding (11.20% of votes).
28 Dec 2018asset acquisition disposition● Neutral
Kimbell closed the Rivercrest/Foundation/Cupola dropdown and signed a registration rights agreement letting those insider sellers eventually resell the units they received.
29 Nov 2018substantial holder notice● Neutral
Ben J. Fortson, Kimbell Art Foundation reported a Kimbell Royalty Partners, LP shareholding of 3,044,768 shares (15.00% of votes) in a periodic institutional filing.
23 Nov 2018capital raising announcement● NeutralMajor
Kimbell agreed to a related-party 'dropdown' acquisition of royalty interests from Rivercrest Capital Partners, Cupola Royalty Direct and its own founding sponsor Kimbell Art Foundation, paying 6.5 million OpCo/Class B units -- the first of what became a recurring pattern of buying more assets from its own insiders and their affiliates.
9 Nov 2018quarterly activities report▼ Bad
Kimbell Royalty Partners, LP reported quarterly revenue of $18.4 million and a net loss of $3.7 million for the period ended 2018-09-30.
8 Nov 2018quarterly activities report▼ Bad
Kimbell Royalty Partners, LP reported quarterly revenue of $18.4 million and a net loss of $3.7 million for the period ended 2018-09-30.
4 Oct 2018substantial holder notice● Neutral
Ben J. Fortson, Kimbell Art Foundation reported a Kimbell Royalty Partners, LP shareholding of 3,044,768 shares (15.30% of votes) in a periodic institutional filing.
