secwatch.observer — SEC 8-K summary
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Issuer:     Kimbell Royalty Partners, LP (KRP)
CIK:        0001657788
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001104659-25-045875
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657788/000110465925045875/0001104659-25-045875-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657788/000110465925045875/tm2514216d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-045875

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