---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-114419"
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: "2026-06-22T09:21:44.270659+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Partners acquires Permian Basin assets from Hatch for $290M in cash and units

## Summary
- Total consideration ~$290M: $150M cash + 7.27M OpCo common units valued at $140M (based on KRP closing price $19.26).
- Acquired assets: ~889 NRA on 230k gross acres, current production ~2,072 Boe/d (58% oil), est. 2023 production ~2,522 Boe/d.
- Estimated proved reserves of 14.7 MMBoe; expected to increase oil weighting from 25% to 29% of daily mix.
- Transaction expected to be immediately accretive to distributable cash flow per unit; cash G&A per Boe expected to decrease 12%.
- Expected close Q4 2022 subject to customary conditions; financing includes potential public equity offering with $76.9M minimum net proceeds.

## SEC filing metadata
- accession: 0001104659-22-114419
- 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: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465922114419/0001104659-22-114419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465922114419/tm2229618d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-114419
- JSON: https://secwatch.observer/filing/0001104659-22-114419.json
- Plain text: https://secwatch.observer/filing/0001104659-22-114419.txt

## Key facts
- Material Agreements
  Kimbell Royalty Partners, LP entered into Purchase and Sale Agreement with Hatch Royalty LLC valued at approximately $150 million in cash (effective 2022-11-03).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Hatch Royalty LLC
  - Value: approximately $150 million in cash
  - Effective: 2022-11-03
  source text: On November 3, 2022, Kimbell Royalty Partners, LP, a Delaware limited partnership (“Kimbell”), and Kimbell Royalty Operating, LLC, a Delaware limited liability company (“OpCo” and, together with Kimbell, the “Buyer Parties”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Hatch Royalty LLC, a Delaware limited liability company, (the “Seller”) to acquire certain rights, title and interests in and to certain mineral interests
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465922114419/0001104659-22-114419-index.htm

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