Rivercrest Capital Partners holds 8,000,179 common units and associated Class B units tied to a 7.3% stake in Kimbell Royalty Partners. For investors, the position matters because Rivercrest says it will review its Investment and may pursue discussions or corporate actions involving Kimbell’s business, structure or leadership.

Key Highlights

  • Each OpCo unit and associated Class B unit can be exchanged for one Kimbell common unit.
  • Rivercrest and related parties may discuss mergers, asset transactions, repurchases, management or board changes.
  • Rivercrest Capital Partners LP holds a 7.3% activist stake in Kimbell Royalty Partners, LP.

Kimbell Royalty Partners, LP (NYSE: KRP) faces a 7.3% activist stake held by Rivercrest Capital Partners LP.

Exchangeable Units Form 7.3% Position

Each paired holding can be exchanged for one Kimbell common unit. Rivercrest Capital GP LLC also reported beneficial ownership of 8,000,179 units. The ownership shown for both reporting persons is 7.3%. The position relates to Kimbell common units and was dated Aug. 21, 2026. Rivercrest Capital Partners LP and Rivercrest Capital GP LLC share the same Fort Worth, Texas address at 777 Taylor Street, Suite 810.

Rivercrest Reviews Potential Corporate Actions

Rivercrest says it will assess its investment on an ongoing basis, considering Kimbell’s business, financial condition, operations and prospects, along with security prices and broader market, industry and economic conditions. It may buy more securities, retain its holdings or sell some or all of them through open-market or privately negotiated transactions. The investor and covered persons may engage with management, the board of Kimbell’s general partner and other securityholders. Possible subjects include a merger, reorganization, take-private transaction, security offerings, repurchases, asset sales or acquisitions, changes to Capitalization or distribution policy, and changes in management or board composition. Rivercrest may also retain advisers and consult potential capital sources or other third parties.

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