secwatch.observer — SEC 8-K summary
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Issuer:     Kimbell Royalty Partners, LP (KRP)
CIK:        0001657788
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001104659-23-055250
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657788/000110465923055250/0001104659-23-055250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657788/000110465923055250/tm2314432d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-055250

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