{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-055990","form_type":"8-K","ticker":"KRP","cik":"0001657788","company_name":"Kimbell Royalty Partners, LP","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.461819+00:00","generated_at":"2026-06-03T00:36:17.300878+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kimbell Royalty Partners reports record Q1 production, revenue, Adjusted EBITDA; distribution up 14%","bullets":["Record Q1 production 24,678 Boe/d (+1.4% QoQ); record revenues $87.5M (+4.2%).","Adjusted EBITDA $74.1M (record, +7.4% QoQ); net income $9.3M (down from $17.8M due to $6.0M impairment).","Q1 distribution $0.49/unit (14% increase from Q4), 75% payout ratio; 79% expected return of capital.","98 rigs active (16.3% market share); net DUCs+permits 8.20 vs ~5.8 needed for flat production.","Net debt to trailing EBITDA 1.0x; affirms 2024 guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-055990","json":"https://secwatch.observer/filing/0001104659-24-055990.json","markdown":"https://secwatch.observer/filing/0001104659-24-055990.md","text":"https://secwatch.observer/filing/0001104659-24-055990.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657788/000110465924055990/0001104659-24-055990-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1657788/000110465924055990/tm2413169d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:36:17.300878+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"df1c9840592355232a1e0444bfe00414a083a71e","claim":"Kimbell Royalty Partners, LP reported the quarter ended March 31, 2024 results: revenue $87.5 million, net income approximately $9.3 million, EPS $0.04 per common unit. Guidance reaffirmed.","evidence_excerpt":"24,678 barrels of oil equivalent (“Boe”) per day (6:1), an increase of 1.4% from Q4 2023, or 5.6% on an annualized basis · Record Q1 2024 oil, natural gas and NGL revenues of $87.5 million, an increase of 4.2% from Q4 2023 · Q1 2024 net income of approximately $9.3 million and net income attributable to common units of approximately $3.2 million, as compared to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657788/000110465924055990/0001104659-24-055990-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$87.5 million"},{"label":"Net income","value":"approximately $9.3 million"},{"label":"EPS","value":"$0.04 per common unit"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}