secwatch.observer — SEC 8-K summary
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Issuer:     Kimbell Royalty Partners, LP (KRP)
CIK:        0001657788
Form:       8-K
Filed at:   2026-08-24T12:11:49+00:00
Accession:  0001104659-26-099989
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimbell Royalty closes $221.2M dropdown, boosts Q3/Q4 2026 production guidance
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- Closed dropdown from Rivercrest/Cupola for ~$221.2M: $74.9M cash + 9.5M OpCo units valued ~$146.3M.
- Acquired assets produce ~2,347 Boe/d (841 bbl oil, 569 bbl NGL, 5,624 Mcf gas) across 3M+ gross acres; effective June 1, 2026.
- Q3 2026 net production guidance raised to 26.5-29.5 Mboe/d (midpoint 10% above prior); Q4 27.7-30.7 Mboe/d (15% above prior).
- Cash G&A per Boe cut to $2.35-$2.55 in Q3 and $2.25-$2.45 in Q4; payout ratio set at 75% of cash available for distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657788/000110465926099989/0001104659-26-099989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657788/000110465926099989/tm2623866d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-099989

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