Kimbell Royalty Partners, LP (NYSE:KRP) Files An 8-K Other Events

Item8.01. Other Events.

Today Kimbell Royalty Partners, LP (the Partnership) announced
that the board of directors of Kimbell Royalty GP, LLC, its
general partner, declared a quarterly cash distribution of $0.23
per common unit for the quarter ended March31, 2017. The
distribution will be paid on May15, 2017 to unitholders of record
as of the close of business on May8, 2017. The amount of the
first quarter 2017 distribution was adjusted for the period from
the date of the closing of the Partnerships initial public
offering on February8, 2017 through March31, 2017.

Item 9.01. Financial Statements and
Exhibits.

(d)Exhibits

About Kimbell Royalty Partners, LP (NYSE:KRP)

Kimbell Royalty Partners, LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. As of December 31, 2015, the Company owned mineral and royalty interests in approximately 3.7 million gross acres and overriding royalty interests in approximately 0.9 million gross acres, with approximately 44% of its acres located in the Permian Basin. As of December 31, 2015, the Company’s mineral and royalty interests were located in 20 states and in every onshore basin across the continental United States, and included ownership in over 48,000 gross producing wells, including over 29,000 wells in the Permian Basin. The Company’s properties include Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Eagle Ford, Barnett Shale/Fort Worth Basin, Bakken/Williston Basin, San Juan Basin, Onshore California, DJ Basin/Rockies/Niobrara, Illinois Basin and others.

Kimbell Royalty Partners, LP (NYSE:KRP) Recent Trading Information

Kimbell Royalty Partners, LP (NYSE:KRP) closed its last trading session down -0.02 at 19.05 with 21,671 shares trading hands.