---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-045875"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T04:42:11.179429+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Q1 2025 record revenues $90M, net income $25.9M, distribution $0.47/unit (+18%)

## Summary
- Q1 run-rate production 25,841 Boe/d (6:1) including full-quarter impact of Jan 2025 $230M Permian acquisition.
- Record consolidated Adjusted EBITDA of $75.5M and record cash available for distribution; 90 active rigs on acreage (16% market share).
- Redeemed 50% of Series A preferred units on May 7; credit facility borrowing base increased from $550M to $625M on May 1.
- Q1 distribution $0.47/unit payable May 28 to holders of record May 20; 75% payout ratio, remaining 25% ($16.9M) to pay down debt.
- Affirms 2025 guidance; average realized price $70.34/Bbl oil, $3.68/Mcf gas, $26.02/Bbl NGL.

## SEC filing metadata
- accession: 0001104659-25-045875
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2025-05-08T23:59:59+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/1657788/000110465925045875/0001104659-25-045875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465925045875/tm2514216d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-045875
- JSON: https://secwatch.observer/filing/0001104659-25-045875.json
- Plain text: https://secwatch.observer/filing/0001104659-25-045875.txt

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