---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-055250"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:10:23.784903+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Q1 net income $23.3M, record production 17,014 Boe/d

## Summary
- Q1 net income of $28.9M; net income attr. to common units $23.3M ($0.37/unit).
- Total revenues $66.9M; consolidated Adjusted EBITDA $42.3M, down from $46.2M Q4.
- Record Q1 run-rate production 17,014 Boe/d; record rig count 94 on acreage.
- Q1 cash distribution $0.35/unit (75% payout), payable May 22; 25% used for debt paydown.
- Pending $143.1M MB Minerals acquisition expected to close Q2 2023 with April 1 effective date.

## SEC filing metadata
- accession: 0001104659-23-055250
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465923055250/0001104659-23-055250-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465923055250/tm2314432d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-055250
- JSON: https://secwatch.observer/filing/0001104659-23-055250.json
- Plain text: https://secwatch.observer/filing/0001104659-23-055250.txt

## Key facts
- Earnings Releases
  Kimbell Royalty Partners, LP reported first quarter 2023 results: revenue $57.4 million, net income approximately $28.9 million, EPS $0.37 per common unit.
  - Period: first quarter 2023
  - Revenue: $57.4 million
  - Net income: approximately $28.9 million
  - EPS: $0.37 per common unit
  - Result: reported results
  source text: Minerals (the “Acquired Production”), which is expected to close in Q2 2023 with an effective production date of April 1, 2023 · Q1 2023 oil, natural gas and NGL revenues of $57.4 million, a decrease of 10.9% from Q4 2022, primarily attributable to a decline in realized commodity prices · Q1 2023 net income of approximately $28.9 million and net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465923055250/0001104659-23-055250-index.htm

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