secwatch.observer — SEC 8-K summary
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Issuer:     Kimbell Royalty Partners, LP (KRP)
CIK:        0001657788
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001104659-23-024517
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 reports record Q4 and full-year 2022 results; initiates 2023 guidance
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- Q4 2022 revenue $68.7M, net income $35.2M; full-year record revenue and net income.
- Run-rate production 17,176 Boe/d including Hatch Royalty acquisition ($270.7M, closed Dec 15).
- Q4 distribution $0.48/unit (75% payout); 13.2% annualized yield based on Feb 22 close.
- Borrowing base increased to $350M; net debt to trailing EBITDA 0.9x.
- 2023 guidance mid-point production 17,200 Boe/d; oil weighting to increase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657788/000110465923024517/0001104659-23-024517-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657788/000110465923024517/tm237601d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-024517

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer