secwatch.observer — SEC 8-K summary
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Issuer:     Kimbell Royalty Partners, LP (KRP)
CIK:        0001657788
Form:       8-K
Filed at:   2026-08-07T11:17:17+00:00
Accession:  0001104659-26-092355
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimbell Royalty Partners Q2 2026 record revenue, EBITDA; distribution up 15% to $0.47
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- Record Q2 production 25,830 Boe/d (6:1); includes 9 days from $145.9M Mesa Royalties acquisition closed June 22.
- Record oil, gas, NGL revenue $103.0M; total revenue $112.5M; net income $47.3M; consolidated Adjusted EBITDA $84.9M.
- Q2 distribution $0.47/unit, up 15% QoQ; 13.0% annualized yield; 75% payout ratio; ~47% return of capital.
- Borrowing base raised from $625M to $660M; repurchased 500k units for $7.4M ($14.70/unit).
- Affirms 2026 guidance; Drop Down acquisition announced July 17, 2026 expected to close this month; over $360M deals in 90 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657788/000110465926092355/0001104659-26-092355-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657788/000110465926092355/tm2622481d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-092355

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer