UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): May 18, 2025

Kimbell Royalty Partners, LP

(Exact name of registrant as specified in its charter)

Delaware		1-38005		47-5505475
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

777 Taylor Street, Suite 810

Fort Worth, Texas

76102

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (817) 945-9700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to 12(b) of the Act:

Title of each class:	Trading symbol(s):	Name of each exchange on which registered:
Common Units Representing Limited Partnership Interests	KRP	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 12.0102. ~~Entry~~Results ~~into~~of aOperations ~~Material~~and ~~Definitive~~Financial ~~Agreement~~Condition.

On May 1 8, 2025, Kimbell Royalty Partners, LP, ~~a Delaware limited partnership~~ (the “Partnership”), ~~entered~~issued ~~into~~a ~~the~~news ~~Master~~release ~~Assignment~~announcing ~~Agreement~~its ~~and~~first ~~Amendment~~quarter ~~No.~~2025 3financial ~~(the “Third Amendment”) to the Partnership’s existing Amended~~ and ~~Restated~~operating ~~Credit Agreement, dated as of June 13, 2023 (as amended by Amendment No~~results. ~~1 to Amended and Restated Credit Agreement, dated as of July 24, 2023, Amendment No. 2 to Amended and Restated Credit Agreement,~~ ~~dated~~A ascopy of ~~December 8, 2023, and as amended or modified prior to such dates,~~ the ~~“Existing~~news ~~Credit~~release ~~Agreement”),~~is ~~with~~attached ~~certain subsidiaries of the Partnership~~hereto, asfurnished ~~guarantors, the several lenders party thereto (the “Lenders”) and Citibank, N.A.,~~ as ~~administrative agent~~Exhibit 99.1 ~~The Third Amendment amends the Existing Credit Agreement to, among other things, increase each of the borrowing base~~ and ~~aggregate elected~~incorporated ~~commitments~~in ~~from~~this ~~$550~~Item ~~million~~2.02 toby ~~$625 million, respectively~~reference.

The foregoing description of the Third Amendment does not purport to be complete and is qualified in its entirety by reference to the text of the Third Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated into this Item 17.01. byRegulation ~~reference~~FD Disclosure.

~~Item~~Also 2on May 8, 2025, the Partnership posted an updated investor presentation on its website.~~03.~~ ~~Creation~~The ofpresentation, atitled ~~Direct~~“Summer ~~Financial~~2025 ~~Obligation~~Investor orPresentation,” may anbe ~~Obligation~~found at http://www.kimbellrp.com under anthe ~~Off-Balance~~“Events ~~Sheet~~and ~~Arrangement~~Presentations” ofsection aunder ~~Registrant~~the “Investor Relations” tab on the Partnership’s website. Investors should note that the Partnership announces financial information in filings with the Securities and Exchange Commission, press releases and public conference calls as well as on its website.

The information ~~set forth~~ contained in Item 12.02, Item 7.01 and the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of ~~this~~Section 18 ~~Current~~of ~~Report~~the onSecurities ~~Form~~Exchange ~~8-K~~Act isof 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated ~~into~~by ~~this~~reference ~~Item~~in ~~2.03~~any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.

Number	~~Description~~	Description
10.1	Master Assignment Agreement and Amendment No. 3 to Amended and Restated Credit Agreement, dated as of May 1, 2025, by and among Kimbell Royalty Partners, LP, each of the guarantors party thereto, the several lenders from time to time parties thereto and Citibank, N.A., as administrative agent.
99.1		News release issued by Kimbell Royalty Partners, LP dated May 8, 2025.
104	~~Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).~~	Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KIMBELL ROYALTY PARTNERS, LP	~~KIMBELL ROYALTY PARTNERS, LP~~
By:	~~By:~~Kimbell Royalty GP, LLC,	~~Kimbell Royalty GP, LLC,~~
	its general partner	~~its general partner~~
By:	~~By:~~/s/ Matthew S. Daly	~~/s/ Matthew S. Daly~~
	Matthew S. Daly	~~Matthew S. Daly~~
	Chief Operating Officer	~~Chief Operating Officer~~
Date: May 1, 2025
Date: May 8, 2025

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