Decrease in Prices Grid Lowers Expense of Capital
Optimum Center Size Increased from $ 750 million to $ 1.5 billion
FORT WORTH, Texas, Dec. 16, 2025/ PRNewswire/– Kimbell Royalty Partners, LP (NYSE: KRP) (” Kimbell” or the “Business”), a leading owner of oil and gas mineral and royalty interests in over 131,000 gross wells throughout 28 states, today revealed the effective conclusion of its arranged Fall 2025 redetermination and concurrent change and restatement of its protected revolving credit center.
Kimbell’s existing lending institutions all declared the loaning base and overall dedications of $ 625 million and the maturity date of the protected revolving credit center was extended from June 13, 2027 to December 16, 2030
Secret regards to the modified and reiterated credit contract consist of:
- Loaning base and overall dedications declared at $ 625 million
- Maturity encompassed December 2030 (5-year tenor)
- Lowered prices grid by 25 basis points and eliminated 10 basis point Credit Spread Modification, enhancing Kimbell’s rate of interest spreads by a combined 35 basis points
- Optimum center size increased from $ 750 million to $ 1.5 billion
- Increased versatility under monetary covenants and allowed baskets
” This refinancing even more enhances our capital structure by supplying lower loaning expenses and boosted monetary versatility,” stated Davis Ravnaas, President and Chief Financial Officer of Kimbell Royalty GP, LLC, Kimbell’s basic partner. “We value the continuous self-confidence revealed by our 16 existing bank partners, and their dedication to supporting Kimbell’s function as a leading consolidator in the oil and gas royalty sector. The consentaneous reaffirmation of our loaning base verifies the quality, scale and sustainability of our varied possession base, which covers every significant oil and gas basin in the Lower 48.”
About Kimbell Royalty Partners LP
Kimbell (NYSE: KRP) is a prominent oil and gas mineral and royalty business based in Fort Worth, Texas Kimbell owns mineral and royalty interests in around 17 million gross acres in 28 states and in every significant onshore basin in the continental United States, consisting of ownership in more than 131,000 gross wells. For more information, go to http://www.kimbellrp.com.
Positive Declarations
This press release consists of positive declarations, in specific declarations associating with Kimbell’s monetary, running and production outcomes and potential customers for development (consisting of monetary and functional assistance), drilling stock, development capacity, determined areas and all other price quotes and forecasts arising from Kimbell’s portfolio evaluation, the tax treatment of Kimbell’s circulations, modifications in Kimbell’s capital structure, future gas and other product costs and modifications to provide and require for oil, gas and NGLs. These and other positive declarations include dangers and unpredictabilities, consisting of dangers that the expected advantages of acquisitions are not recognized and unpredictabilities associating with Kimbell’s organization, potential customers for development and acquisitions and the securities markets usually, in addition to dangers intrinsic in oil and gas drilling and production activities, consisting of dangers with regard to possible decreases in costs for oil and gas that might lead to down modifications to the worth of proven reserves or otherwise trigger operators to postpone or suspend prepared drilling and conclusion operations or lower production levels, which would negatively affect capital, dangers associating with the disability of oil and gas residential or commercial properties, threat associated to modifications in U.S. trade policy and the effect of tariffs, dangers associating with the accessibility of capital to money drilling operations that can be negatively impacted by negative drilling outcomes, production decreases and decreases in oil and gas costs, dangers associating with Kimbell’s capability to fulfill monetary covenants under its credit contract or its capability to acquire changes or waivers to effect such compliance, dangers associating with Kimbell’s hedging activities, dangers of fire, surge, blowouts, pipeline failure, casing collapse, uncommon or unforeseen development pressures, ecological threats, and other operating and production dangers, which might momentarily or completely lower production or trigger preliminary production or test results to not be a sign of future well efficiency or postpone the timing of sales or conclusion of drilling operations, dangers associating with hold-ups in invoice of drilling authorizations, dangers associating with unforeseen negative advancements in the status of residential or commercial properties, dangers associating with obtaining base redeterminations by Kimbell’s lending institutions, dangers associating with the lack or hold-up in invoice of federal government approvals or third-party approvals, dangers associating with acquisitions, personalities and drop downs of possessions, dangers associating with Kimbell’s capability to recognize the expected take advantage of and to incorporate obtained possessions, consisting of the Obtained Production, dangers associating with tax matters and other dangers explained in Kimbell’s Yearly Report on Type 10-K and other filings with the Securities and Exchange Commission (the “SEC”), offered at the SEC’s site at www.sec.gov. You are warned not to position unnecessary dependence on these positive declarations, which speak just since the date of this press release. Other than as needed by law, Kimbell carries out no commitment and does not plan to upgrade these positive declarations to show occasions or situations happening after this press release. When thinking about these positive declarations, you need to remember the threat elements and other cautionary declarations in Kimbell’s filings with the SEC.
Contact:
Rick Black
Dennard Lascar Financier Relations
krp@dennardlascar.com
( 713) 529-6600
SOURCE Kimbell Royalty Partners, LP