Kimbell Royalty Partners, LP - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Kimbell Royalty Partners, LP on October 23, 2020. The filing primarily addresses a corporate action regarding a quarterly cash distribution declared by the board of directors of Kimbell Royalty GP, LLC, the company's general partner.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the quarterly cash distribution amount.
- Quarterly Cash Distribution: $0.19 per common unit.
- Quarter Ended: September 30, 2020.
- Payment Date: November 9, 2020.
- Record Date: November 2, 2020.
Material Changes
The filing does not report material changes to financial performance, operations, or debt levels compared to prior periods. The primary event is the declaration of the distribution.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the standard disclosure of the distribution event. The company is identified as an emerging growth company that has elected not to use the extended transition period for complying with new or revised financial accounting standards.
Key Facts for Investor Verification
- Verify the record date of November 2, 2020, to confirm eligibility for the $0.19 per unit distribution.
- Confirm the payment date of November 9, 2020, for cash flow planning.
- Note that this filing does not contain updated operational data or financial results for the quarter ended September 30, 2020; refer to the company's Form 10-Q for detailed financial performance.