secwatch.observer — SEC 8-K summary
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Issuer:     Kimbell Royalty Partners, LP (KRP)
CIK:        0001657788
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001104659-25-107360
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimbell Royalty Q3 production 25,530 Boe/d beats guidance; declares $0.35/unit distribution
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- Q3 run-rate daily production of 25,530 Boe/d (6:1) above mid-point guidance; oil, natural gas, NGL revenues $76.8M.
- Net income $22.3M; net income attributable to common units $17.0M ($0.19/unit); consolidated Adj. EBITDA $62.3M.
- Q3 cash distribution $0.35/common unit payable Nov 24 to holders of record Nov 17; 10.7% annualized yield on $13.12 close.
- 86 active rigs on acreage (16% U.S. land rig share); 7.07 net DUCs/permitted locations vs 6.5 needed for flat production.
- Cash G&A per BOE $2.51 below mid-point guidance; affirms 2025 guidance ranges.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657788/000110465925107360/0001104659-25-107360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657788/000110465925107360/tm2530343d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-107360

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