Kimbell Royalty Partners, LP Files Registration Statement For Proposed Initial Public Offering

Fort Worth, Texas, January 6, 2017 – Kimbell Royalty Partners, LP, a leading owner of oil and natural gas mineral and royalty interests across twenty states, today announced the filing of a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) related to its proposed initial public offering.

The registration statement filed today represents Kimbell Royalty Partners’ initial public filing pursuant to the provisions of the Jumpstart Our Business Startups (JOBS) Act of 2012. This offering is for common units representing limited partner interests. The number of units to be offered and the price range for the proposed offering have not yet been determined.  Kimbell Royalty Partners has been approved to list its common units on the New York Stock Exchange, subject to official notice of issuance, under the ticker symbol “KRP.”

Raymond James is acting as the lead book-running manager in the proposed offering. RBC Capital Markets and Stifel are also acting as joint book-running managers.  Stephens Inc. and Wunderlich are acting as co-managers.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to the offering may be obtained, when available, from:

Raymond James
Attn: Equity Syndicate
880 Carillon Parkway
St. Petersburg, FL 33716
Telephone: (800) 248-8863

RBC Capital Markets
Attn: Equity Syndicate
Three World Financial Center
200 Vesey Street, 8th Floor
New York, NY 10281
Telephone: (877) 822-4089

Attn: Equity Syndicate
1 South Street, 15th Floor
Baltimore, MD 21202
Telephone: (855) 300-7136

A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.  This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Kimbell Royalty Partners, LP

Kimbell Royalty Partners, LP (KRP) is an oil and gas mineral and royalty master limited partnership based in Fort Worth, Texas. KRP is managed by its general partner, Kimbell Royalty GP, LLC and owns mineral and royalty interests in approximately 4.5 million gross acres in twenty states and in nearly every major onshore basin in the continental United States, including ownership in more than 48,000 gross producing wells with over 29,000 wells in the Permian Basin.

Rick Black
Dennard-Lascar Associates

Telephone: (713) 529-6600

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