Houston co. to sell mineral and royalty portfolio to Kimbell in $404M deal

May 29, 2018

Fort Worth-based Kimbell Royalty Partners LP (NYSE: KRP) will buy the mineral and royalty interests held by Houston-based Haymaker Minerals & Royalties LLC and Haymaker Resources LP in a $404 million cash-and-stock deal, according to a May 29 press release. 

Kimbell is an oil and gas mineral and royalty variable-rate master limited partnership that owns interests in about 5.7 million gross acres across 20 states. Since its founding in 2013, Haymaker has invested capital on behalf of KKR & Co. LP…

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