Business Context and Reporting Period
Company: Kimbell Royalty Partners, LP (KRP)
Filing Type: Form 8-K (Current Report)
Date of Report: May 13, 2019
Reporting Period: Single event date (May 13, 2019)
Business Context: The Partnership is an emerging growth company with common units traded on the New York Stock Exchange. This filing serves as a Regulation FD disclosure regarding a news release issued on the same date.
Key Financial Metrics
This Form 8-K does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The filing is strictly informational regarding a corporate announcement.
Material Changes
No material changes to financial performance or operational status are reported in this document. The filing discloses the issuance of a news release concerning the federal income tax treatment of future earnings and distributions to common unitholders.
Guidance, Outlook, and Management Commentary
Management Commentary: The Partnership issued a news release (attached as Exhibit 99.1) addressing the federal income tax treatment of future earnings and distributions. The filing explicitly states that the information in Item 7.01 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review the attached news release (Exhibit 99.1) for specific details on the federal income tax treatment of future earnings and distributions.
- Confirm the Partnership's status as an emerging growth company and its election regarding extended transition periods for accounting standards.
- Verify that the tax treatment information is not automatically incorporated by reference into other SEC filings.
- Note that this filing contains no quantitative financial data; refer to the most recent 10-Q or 10-K for financial metrics.