---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-104282"
form_type: "8-K/A"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2023-09-27T23:59:59+00:00"
generated_at: "2026-06-10T08:11:43.372062+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Partners completes $455M acquisition of Cherry Creek Minerals; files historical and pro forma financials

## Summary
- Acquired all membership interests of Cherry Creek Minerals LLC for $455M cash; closed Sept 13, 2023.
- Consideration: $130M from credit facility + $325M from Apollo Series A Convertible Preferred Units.
- LongPoint Minerals II H1 2023 unaudited: revenues $49.6M, net income $38.7M; 2022 audited net income $50.8M.
- Pro forma statements give effect to acquisition, prior Hatch acquisition (Dec 2022), and TGR redemption.
- Seller LongPoint expects to record a loss on sale as $455M is below its carrying value.

## SEC filing metadata
- accession: 0001104659-23-104282
- form_type: 8-K/A
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2023-09-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465923104282/0001104659-23-104282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465923104282/tm2327009d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-104282
- JSON: https://secwatch.observer/filing/0001104659-23-104282.json
- Plain text: https://secwatch.observer/filing/0001104659-23-104282.txt

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