Kimbell Royalty Hits Record 27,565 Boe/d, Lifts Credit Line to $750M
Fort Worth – November 05, 2026 -- Kimbell Royalty Partners (NYSE: KRP) reported record third-quarter 2026 production of 27,565 barrels of oil equivalent per day (6:1), lifted its revolving credit facility to $750 million from $660 million, and moved to redeem half of its remaining preferred units for about $100.2 million.
Acquired assets lift output and revenue
The quarter includes 41 days of production from the $221.2 million Drop Down acquisition, which closed on August 21, 2026 with a June 1 effective date. Run-rate production after closing reached 28,910 Boe per day. Production was about 45% natural gas and 55% liquids, split between 34% oil and 21% natural gas liquids.