Kimbell Royalty Q4 production beats mid-point; distribution up 6% to $0.37/unit; 2026 guidance unchanged

Kimbell Royalty Partners, LP

Q4 production 25,627 Boe/d beat mid-point; oil/gas/NGL revenues $76.0M, net income $24.8M.
Q4 cash distribution $0.37/unit (up 6% QoQ), payable Mar 25, 2026; 75% payout; $13.4M debt paydown.
FY 2026 production guidance unchanged: 24,000–27,000 Boe/d mid-point 25,500.
Credit facility reaffirmed $625M, maturity extended to Dec 2030, borrowing cost lowered 35 bps.
Proved developed reserves up ~8% to record ~73 MMboe.

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