Kimbell Royalty Partners down after equity offering priced

Kimbell Royalty Partners, LP

08/01/2025 12:06

**  Shares of Kimbell Royalty Partners  KRP.N  down 3.8% at
$15.65 premarket after overnight acquisition-related equity
raise
  
    ** 
  
    
      
    
  
    ** Co to use net offering proceeds to fund cash portion of
$231 mln 
  
    
      
    
  
    
      
    
    Citi, JP Morgan, RBC, BofA and Mizuho jt bookrunners for
offering
  
    ** KRP shares up fractionally to start 2025. They closed at
$14.98 a year ago
  
     

(Lance Tupper is a Reuters market analyst. The views expressed
are his own)
((lance.tupper@tr.com 1-646-279-6380))