Kimbell Royalty to redeem half of Series A preferred units for ~$100.2M on Nov. 16

Kimbell Royalty Partners, LP

Notice delivered Oct. 16, 2026 to redeem 81,250 Series A Cumulative Convertible Preferred Units, half of the units outstanding, on Nov. 16, 2026.
Redemption price is $1,233.37895 per Preferred Unit, for an aggregate redemption price of approximately $100.2 million.
Kimbell expects to fund the redemption with borrowings under its revolving credit facility.
The remaining Preferred Units are not called and stay outstanding after the Nov. 16, 2026 Redemption Date.
Notice executed by COO Matthew S. Daly; forward-looking risks cite redemption terms and actions by Preferred Unit holders.

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