Kimbell Royalty Partners Reaffirms $625 Million Credit Facility, Extends Maturity to 2030 and Increases Maximum Facility Size to $1.5 Billion.

Kimbell Royalty Partners has reaffirmed a $625 million credit facility with an extended maturity of December 2030. The agreement includes a reduced pricing grid, improved interest rate spreads, and a maximum facility size increased from $750 million to $1.5 billion. Kimbell's asset base spans every major oil and gas basin in the Lower 48, with over 131,000 gross wells across 28 states.