Kimbell Royalty Partners, LP - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated February 24, 2022, serves as a current report for Kimbell Royalty Partners, LP (KRP). The filing primarily announces the release of financial and operating results for the fourth quarter and full year ended December 31, 2021. The Partnership is classified as an emerging growth company.
Key Financial Metrics
The filing text itself does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are detailed in the news release attached as Exhibit 99.1, which is incorporated by reference but not reproduced in the provided text.
Material Changes
No specific material changes in financial condition or operations are quantified in the body of this 8-K. The document acts as a notification that the Q4 and full-year 2021 results have been issued.
Guidance, Outlook, and Management Commentary
- Investor Presentation: On February 24, 2022, the Partnership posted an updated "Spring 2022 Investor Presentation" on its website under the Investor Relations section.
- Disclosure Policy: Management notes that financial information is communicated via SEC filings, press releases, conference calls, and the company website. Information posted on the website may be deemed material.
- Legal Disclaimer: The information in Items 2.02 and 7.01, including the news release, is not deemed "filed" under Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release) for specific Q4 and full-year 2021 financial figures (Distributable Cash Flow, Net Income, etc.).
- Access the "Spring 2022 Investor Presentation" on the company website for updated outlook and guidance.
- Verify the Partnership's status as an emerging growth company and its election regarding extended transition periods for accounting standards.
- Confirm the trading symbol (KRP) and exchange (New York Stock Exchange) for Common Units.