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AI brief of an SEC Form 8-K · Kimbell Royalty Partners, LP (KRP)

Kimbell Royalty Partners Q3 oil and gas revenue hits $96.9 million; net income falls

Mixed Impact 3 of 5 earnings Written later

Kimbell Royalty Partners reported record third quarter 2026 production of 27,565 barrels of oil equivalent per day and oil, natural gas and NGL revenues of $96.9 million, up from $76.8 million a year earlier. Net income fell to $17.3 million from $22.3 million, and diluted earnings per common unit were $0.12 versus $0.19, so the headline profit measures moved in opposite directions. The company affirmed its fourth quarter 2026 guidance and declared a $0.45 per common unit distribution.

Key points

  • Oil, natural gas and NGL revenues were $96.9 million versus $76.8 million in Q3 2025; net income was $17.3 million versus $22.3 million
  • Diluted earnings per common unit were $0.12 versus $0.19 a year earlier; net income attributable to common units was $12.4 million versus $17.0 million
  • Consolidated Adjusted EBITDA was $80.4 million versus $62.3 million; the $0.45 distribution is payable November 23, 2026 to holders of record on November 16, 2026
  • Borrowing base on the secured revolving credit facility rose from $660 million to $750 million on October 15, 2026; a preferred unit redemption is expected to close November 16, 2026

The filing

CompanyKimbell Royalty Partners, LP (KRP)
Form8-K, current report
Filed with the SECNov 5, 2026, 7:12 AM ET
Accession number0001104659-26-123038

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.