Each one in plain English, with the numbers worked through for a shareholder.
17 July 2026capital raising announcement● NeutralMajor
Kimbell agreed to a second related-party dropdown from the same insiders as its 2018 deal -- Rivercrest Capital Partners (now including a second fund, Rivercrest Capital Partners II) and Cupola Royalty Direct -- paying about $75 million cash plus 9.5 million OpCo/Class B units, and also buying out the remaining minority partnership interests in OGM Partners I and RCPTX Ltd. that Kimbell didn't already own -- consolidating full ownership of joint vehicles apparently shared with these same insiders since at least 2018.
Kimbell agreed to buy Permian Basin mineral and royalty interests across 14 Texas and New Mexico counties from the Mesa Visa Royalties group for about $44 million cash plus 6.93 million OpCo/Class B units.
Kimbell agreed to buy Permian Basin mineral and royalty interests from Boren Minerals for about $231 million, with flexibility to pay all-cash or a mix of $207 million cash plus 1.43 million common units.
Kimbell agreed to buy Cherry Creek Minerals from LongPoint Minerals II for approximately $455 million cash -- by far its largest transaction to date, more than tripling the size of the Hatch deal.
Kimbell agreed to buy Howard and Borden County, Texas mineral interests from MB Minerals and several individual sellers for about $48.8 million cash plus roughly 5.9 million units combined.
Kimbell agreed to buy Permian Basin mineral and royalty interests (Martin, Loving, Reeves, Winkler, Ward, Pecos and Culberson counties, TX, plus Lea and Eddy counties, NM) from Hatch Royalty LLC for about $150 million cash plus 7.27 million OpCo/Class B units -- its largest deal since Haymaker.
Kimbell closed the Springbok acquisition: about $95.0 million cash plus 2,224,358 common units (to Silver Spur Resources and SEP I Holdings) and 2,497,134 OpCo/Class B units (to the Springbok II seller).
Kimbell agreed to acquire the Springbok Energy Partners I and II portfolios (NGP-backed) for about $95 million cash plus roughly 4.7 million units combined -- another sizable acquisition continuing its serial-consolidator strategy.
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.
12 Feb 2019capital raising announcement▲ GoodMajor
Kimbell agreed to acquire mineral and royalty interests from three EnCap-affiliated Phillips entities (PEP I/II/III Holdings) for 9.4 million OpCo/Class B units -- introducing EnCap Energy Capital as a major future unitholder.
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.
Kimbell converted from a pass-through to a taxable entity and restructured into an Up-C: the Haymaker holders (KKR-affiliated, ending up with 37.3% of the operating subsidiary) and founding sponsor Kimbell Art Foundation (11.0%) exchanged their common units for new Class B units plus a matching stake in operating subsidiary Kimbell Royalty Operating -- a structure letting them defer tax on eventual conversion to full common units while Kimbell itself kept majority (51.7%) control of the OpCo.
1 June 2018capital raising announcement▲ GoodMajor
Kimbell agreed to acquire Haymaker Minerals & Royalties and Haymaker Resources -- KKR-backed mineral/royalty portfolios -- for $210 million cash plus 10 million common units, by far its largest transaction since the IPO and nearly doubling the size of the young partnership.
