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8-K ·Filed Oct 16, 2026

KRP

Kimbell Royalty Partners, LP
BULLISH
Impact 5/10
Horizonweeks Processed10d 16h ago SEC0001104659-26-116612
8-K context-dependent: Items 8.01
Actionable Insight ▲ Bullish

The partial redemption of preferred units reduces the potential for future dilution from conversion and signals management's confidence in cash flow to service additional debt. Monitor the next quarterly report for the impact on leverage ratios and preferred dividend coverage.

DirectionBullish
Confidencehigh
Horizonweeks
Latest settled — T+5d
KRP ▲ +2.87% at T+5d
LONG call ✓ call won +2.87% · α vs SPY +3.01% · entry $16.39 → $16.86
Next anchor: T+20d in 17d
Entry = T+0 close
Oct 16, 2026
via day close
T+1d
+1.10%
call +1.10% · α +0.76%
$16.57
settled 8d ago
T+5d
+2.87%
call +2.87% · α +3.01%
$16.86
settled 4d ago
T+20d
Pending
in 17d
T+60d
Pending
in 3mo

Price Chart

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Executive Summary

Kimbell Royalty Partners, LP (KRP) announced the partial redemption of 81,250 Series A Cumulative Convertible Preferred Units, representing half of the outstanding preferred units, at a price of $1,233.37895 per unit for an aggregate redemption price of approximately $100.2 million. The redemption is expected to be funded with borrowings under the partnership's revolving credit facility, with the redemption date set for November 16, 2026.

Key Facts

  • Notice of redemption delivered on October 16, 2026 for 81,250 Series A Cumulative Convertible Preferred Units.
  • Redemption price of $1,233.37895 per Preferred Unit, aggregate redemption price approximately $100.2 million.
  • Redemption date is November 16, 2026.
  • Redemption expected to be funded with borrowings under the partnership's revolving credit facility.
  • The redeemed units represent half of the outstanding Preferred Units as of the notice date.

Financial Impact

Approximately $100.2 million aggregate redemption price, funded via revolving credit facility.

debtdilution

Risk Factors

  • Increased leverage from borrowing $100.2 million under the revolving credit facility could strain financial flexibility if commodity prices decline.
  • The remaining half of preferred units remains outstanding, preserving some conversion overhang.

Investment Themes

Traditional Energy

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-116612
Document: 0001104659-26-116612-index-headers.html0001104659-26-116612
Document: 0001104659-26-116612-index.html0001104659-26-116612
Document: 0001104659-26-116612.txt0001104659-26-116612
8 reports for KRP
Performance horizon
75% Hit rate @ T+60 3 of 4 directional calls Went positive at some point 5 of 6 best @ T+60▲ +7.96%Feb 26, 2026
Filters
Rows
Reports for KRP — sortable, filterable
TypeNow
Oct 16, 2026
10d ago
8-K
BULLISH ★ 5/10
$16.39awaiting T+60—$16.86 (+2.87%)
Sep 10, 2026
6w ago
EFFECT
BEARISH ★ 5/10
$15.10awaiting T+60—$16.86 (−11.66%)
Aug 24, 2026
9w ago
8-K
MIXED ★ 6/10
$15.46awaiting T+60—$16.86 (+9.06%)
Aug 7, 2026
11w ago
8-K
BULLISH ★ 7/10
$14.98awaiting T+60—$16.86 (+12.55%)
Jul 17, 2026
14w ago
8-K
BULLISH ★ 6/10
$14.98 $15.43▲ +3.00%▼ −1.68%$16.86 (+12.55%)
Jul 9, 2026
15w ago
EFFECT
BEARISH ★ 5/10
$14.78 $14.58▲ +1.35%▲ +2.99%$16.86 (−14.07%)
May 19, 2026
23w ago
8-K
BULLISH ★ 7/10
$15.30 $15.11▼ −1.24%▼ −7.53%$16.86 (+10.20%)
Feb 26, 2026
34w ago
8-K
BULLISH ★ 7/10
$14.13 $15.26▲ +7.96%▲ +0.21%$16.86 (+19.28%)
Showing 8 of 8

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Report published Oct 16, 2026