---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-147267"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2021-12-07T23:59:59+00:00"
generated_at: "2026-06-28T03:11:40.149453+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kimbell closes $57M acquisition of mineral/royalty interests; redeems all Series A preferred units

## Summary
- Acquired mineral/royalty interests from Caritas Royalty Fund for $57M cash; funded via public offering and credit facility.
- Acquired assets produced 700 Boe/d (6:1) from over 26,000 gross wells across Permian, Mid-Continent, Haynesville basins.
- Concurrently redeemed all 25,000 outstanding Series A Cumulative Convertible Preferred Units, originally issued in 2018.
- Acquisition expected to be immediately accretive to distributable cash flow per unit; redemption reduces cost of capital.

## SEC filing metadata
- accession: 0001104659-21-147267
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2021-12-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465921147267/0001104659-21-147267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465921147267/tm2134777d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-147267
- JSON: https://secwatch.observer/filing/0001104659-21-147267.json
- Plain text: https://secwatch.observer/filing/0001104659-21-147267.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.