---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-114207"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:21:35.552296+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty reports record Q3 run-rate production of 14,985 Boe/d, declares $0.49 distribution

## Summary
- Record Q3 run-rate production 14,985 Boe/d (+0.2% QoQ, all organic); oil production up 8% sequentially.
- Q3 net income $43.8M; Adj. EBITDA $47.5M; cash available for distribution $0.66/unit.
- Declared Q3 distribution $0.49/unit (75% payout), 10.1% annualized yield based on $19.43 closing price.
- Net DUCs and permits at record 5.44; 79 rigs active on acreage (+7% QoQ, 10.6% U.S. market share).
- Kimbell will use remaining 25% of cash for distribution to pay down revolver; $75.2M paid since May 2020.

## SEC filing metadata
- accession: 0001104659-22-114207
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465922114207/0001104659-22-114207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465922114207/tm2229435d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-114207
- JSON: https://secwatch.observer/filing/0001104659-22-114207.json
- Plain text: https://secwatch.observer/filing/0001104659-22-114207.txt

## Key facts
- Earnings Releases
  Kimbell Royalty Partners, LP reported the quarter ended September 30, 2022 results: revenue $73.9 million, net income $43.8 million. Guidance reaffirmed.
  - Period: the quarter ended September 30, 2022
  - Revenue: $73.9 million
  - Net income: $43.8 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Third Quarter 2022 Highlights · Record Q3 2022 run-rate daily production of 14,985 barrels of oil equivalent (“Boe”) per day (6:1), an increase of 0.2% from Q2 2022 (all organic growth); reflects an 8% increase in oil production from Q2 2022 · Q3 2022 oil, natural gas and NGL revenues of $73.9 million, a decrease of 6% from Q2 2022 primarily due to a decline in realized oil prices · Q3 2022 net income of approximately $43.8 million and net income attributable to common units of approximately $38.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465922114207/0001104659-22-114207-index.htm

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