---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-025796"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:08:18.225673+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Partners reports record Q4 production 24,332 Boe/d and record Adjusted EBITDA $69.0M

## Summary
- Record Q4 run-rate production 24,332 Boe/d (6:1), exceeding guidance and up 3.4% organic from Q3.
- Record Q4 oil, natural gas, NGL revenues $83.9M, up 21.2% from Q3; consolidated Adjusted EBITDA $69.0M, up 23.7%.
- Q4 net income $17.8M ($0.14/unit attributable to common units); non-cash ceiling test impairment of $18.2M.
- Q4 cash distribution $0.43/unit (75% payout) payable March 20, 2024; remaining 25% used for debt paydown.
- Borrowing base increased to $550M from $400M; initiated FY2024 guidance midpoint 24,000 Boe/d.

## SEC filing metadata
- accession: 0001104659-24-025796
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465924025796/0001104659-24-025796-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465924025796/tm246436d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-025796
- JSON: https://secwatch.observer/filing/0001104659-24-025796.json
- Plain text: https://secwatch.observer/filing/0001104659-24-025796.txt

## Key facts
- Earnings Releases
  Kimbell Royalty Partners, LP reported the quarter ended and year ended December 31, 2023 results: revenue $83.9 million, net income $17.8 million. Guidance initiated.
  - Period: the quarter ended and year ended December 31, 2023
  - Revenue: $83.9 million
  - Net income: $17.8 million
  - Guidance: initiated
  - Result: reported results
  source text: Q4 2023 oil, natural gas and NGL revenues of $83.9 million, an increase of 21.2% from Q3 2023 · Q4 2023 net income of approximately $17.8 million and net income attributable to common units of approximately $9.8 million, as compared to $18.5 million and $13.6 million, respectively, from Q3 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465924025796/0001104659-24-025796-index.htm

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