secwatch.observer — SEC 8-K summary
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Issuer:     Kimbell Royalty Partners, LP (KRP)
CIK:        0001657788
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001104659-22-085869
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimbell Royalty Partners Q2 2022: record production, revenue, net income, and distribution of $0.55/unit
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- Run-rate production 14,948 Boe/d (record, +4% QoQ organic); oil & gas revenue $78.6M (record, +21% QoQ).
- Net income $43.3M (record); consolidated Adjusted EBITDA $53.5M (record, +22% QoQ).
- Cash available for distribution $0.74/unit (record); declared Q2 distribution $0.55/unit (+17% QoQ), 75% payout ratio.
- Net DUCs and permits on major properties at record 5.36; 74 rigs drilling on acreage (10.1% US market share).
- Average realized price: oil $107.96/bbl, nat gas $6.93/Mcf, combined $57.78/boe; affirms FY 2022 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657788/000110465922085869/0001104659-22-085869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657788/000110465922085869/tm2222450d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-085869

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