KRP

SEC source: 0001104659-17-033286 · a4.xml · nonDerivative · entry 1

Fortson Ben J. · CIK 0001695233 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,637

SEC source: 0001104659-17-033288 · a4.xml · nonDerivative · entry 1

Daly Matthew S. · CIK 0001695310 · Senior VP-Corp. Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,858

SEC source: 0001104659-17-033287 · a4.xml · nonDerivative · entry 1

McInnis Jeff · CIK 0001695309 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,943

SEC source: 0001104659-17-033283 · a4.xml · nonDerivative · entry 1

Ravnaas Robert Davis · CIK 0001696138 · President and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,637

SEC source: 0001104659-17-007843 · a4.xml · nonDerivative · entry 7

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 380

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F8 · ownership.nature: These securities are owned directly by RCPTX Holdings Genpar, LLC. The reporting person is the sole member of BGT Minerals, LLC, a limited partner of BGT Royalty Partners, LP, the sole member of RCPTX Holdings Genpar, LLC.

SEC source: 0001104659-17-007843 · a4.xml · nonDerivative · entry 6

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 721

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F7 · ownership.nature: These securities are beneficially owned by Trinity Minerals. Such Common Units represent the amount of consideration received by Trinity Minerals that is attributable to Mr. Taylor's participation interest in certain of the assets contributed by Trinity Minerals, the title holder of such assets, to the Issuer pursuant to the Contribution Agreement.

SEC source: 0001104659-17-007843 · a4.xml · nonDerivative · entry 5

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 721

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F6 · ownership.nature: These securities are owned directly by FWA Partners, LLC. The reporting person is the sole trustee and sole beneficiary of Brett G. Taylor Royalty Trust, a member of FWA Partners, LLC.

SEC source: 0001104659-17-007843 · a4.xml · nonDerivative · entry 4

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 2,172

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F5 · ownership.nature: These securities are owned directly by BRD Royalty Holdings LLC. The reporting person is the sole member of BRD Royalty Holdings LLC.

SEC source: 0001104659-17-007843 · a4.xml · nonDerivative · entry 3

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 4,911

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F4 · ownership.nature: These securities are owned directly by Aledo Royalty Company. The reporting person is both (i) the sole trustee and sole beneficiary of Brett G. Taylor Royalty Trust, a general partner of Aledo Royalty Company, and (ii) a general partner of Neuhoff-Taylor Royalty Company, a general partner of Aledo Royalty Company.

SEC source: 0001104659-17-007843 · a4.xml · nonDerivative · entry 2

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 31,476

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F3 · ownership.nature: These securities are owned directly by BGT Royalty Partners, LP. The reporting person is the sole member of BGT Minerals, LLC, a limited partner of BGT Royalty Partners, LP.

SEC source: 0001104659-17-007843 · a4.xml · nonDerivative · entry 1

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 68,021

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F2 · ownership.nature: These securities are owned directly by Brett G. Taylor Royalty Trust. The reporting person is the sole trustee and sole beneficiary of Brett G. Taylor Royalty Trust.

SEC source: 0001104659-17-007853 · a4.xml · nonDerivative · entry 1

Alcorn Peter · CIK 0001695406 · Vice President-Land

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 530

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F2 · ownership.nature: These securities are owned directly by Alcorn Royalties, LLC. The reporting person is a member of Alcorn Royalties, LLC.

SEC source: 0001104659-17-007845 · a4.xml · nonDerivative · entry 4

Fortson Ben J. · CIK 0001695233 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 207

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F5 · ownership.nature: These securities are owned directly by RCPTX Holdings Genpar, LLC. The reporting person is trustee, and his wife is beneficiary, of Mattie K. Carter Trust, a limited partner of BGT Royalty Partners, LP, the sole member of RCPTX Holdings Genpar, LLC.

SEC source: 0001104659-17-007845 · a4.xml · nonDerivative · entry 3

Fortson Ben J. · CIK 0001695233 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 1,301

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F4 · ownership.nature: These securities are owned directly by BK GenPar, Inc. The reporting person owns all of the outstanding common stock of BK GenPar, Inc.

SEC source: 0001104659-17-007845 · a4.xml · nonDerivative · entry 2

Fortson Ben J. · CIK 0001695233 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 17,134

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F3 · ownership.nature: These securities are owned directly by BGT Royalty Partners, LP. The reporting person is trustee, and his wife is beneficiary, of Mattie K. Carter Trust, a limited partner of BGT Royalty Partners, LP.

SEC source: 0001104659-17-007845 · a4.xml · nonDerivative · entry 1

Fortson Ben J. · CIK 0001695233 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 57,763

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F2 · ownership.nature: These securities are owned directly by OMI Rochester Holdings I, L.P. The reporting person is trustee of several trusts, each of which is a limited partner of OMI Rochester Holdings I, L.P.

SEC source: 0001104659-17-007848 · a4.xml · nonDerivative · entry 3

Wynne Mitch S. · CIK 0001695394 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 69

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F4 · ownership.nature: These securities are owned directly by RCPTX Holdings Genpar, LLC. The reporting person is the sole member of MSW Royalties, LLC, a limited partner of BGT Royalty Partners, LP, the sole member of RCPTX Holdings Genpar, LLC.

SEC source: 0001104659-17-007848 · a4.xml · nonDerivative · entry 2

Wynne Mitch S. · CIK 0001695394 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 5,718

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F3 · ownership.nature: These securities are owned directly by BGT Royalty Partners, LP. The reporting person is the sole member of MSW Royalties, LLC, a limited partner of BGT Royalty Partners, LP.

SEC source: 0001104659-17-007848 · a4.xml · nonDerivative · entry 1

Wynne Mitch S. · CIK 0001695394 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 285,848

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F2 · ownership.nature: These securities are owned directly by MSW Royalties, LLC. The reporting person is the sole member of MSW Royalties, LLC.

SEC source: 0001104659-17-007844 · a4.xml · nonDerivative · entry 5

Duncan Benny D. · CIK 0001695238 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 1,050,889

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F2 · ownership.nature: This Form 4 is being filed concurrently with a certain Form 3 filing by Bitter End Royalties, LP, Bitter End, LLC, Eagle Minerals LP, Eagle Management, LLC, Gorda Sound Royalties, L.P., Gorda Sound, LLC, Oil Nut Bay Royalties, LP, Oil Nut Bay, LLC, Trunk Bay Royalty Partners, Ltd. and Trunk Bay, LLC (collectively, the "Entity Filers"). Because the electronic filing system of the Securities and Exchange Commission does not accept CIK and CCC codes from more than ten joint filers of a report, Benny D. Duncan and the Entity Filers have filed separate reports that each relate to the transaction described in footnote 1.

F7 · ownership.nature: These securities are owned directly by Trunk Bay Royalty Partners, Ltd. The reporting person is the sole manager of Trunk Bay, LLC, the general partner of Trunk Bay Royalty Partners, Ltd. Each of the reporting person and Trunk Bay, LLC disclaims beneficial ownership of the Common Units owned by Trunk Bay Royalty Partners, Ltd. except to the extent of his and its pecuniary interest therein.

SEC source: 0001104659-17-007844 · a4.xml · nonDerivative · entry 4

Duncan Benny D. · CIK 0001695238 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 738,610

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F2 · ownership.nature: This Form 4 is being filed concurrently with a certain Form 3 filing by Bitter End Royalties, LP, Bitter End, LLC, Eagle Minerals LP, Eagle Management, LLC, Gorda Sound Royalties, L.P., Gorda Sound, LLC, Oil Nut Bay Royalties, LP, Oil Nut Bay, LLC, Trunk Bay Royalty Partners, Ltd. and Trunk Bay, LLC (collectively, the "Entity Filers"). Because the electronic filing system of the Securities and Exchange Commission does not accept CIK and CCC codes from more than ten joint filers of a report, Benny D. Duncan and the Entity Filers have filed separate reports that each relate to the transaction described in footnote 1.

F6 · ownership.nature: These securities are owned directly by Oil Nut Bay Royalties, LP. The reporting person is the sole manager of Oil Nut Bay, LLC, the general partner of Oil Nut Bay Royalties, LP. Each of the reporting person and Oil Nut Bay, LLC disclaims beneficial ownership of the Common Units owned by Oil Nut Bay Royalties, LP except to the extent of his and its pecuniary interest therein.

SEC source: 0001104659-17-007844 · a4.xml · nonDerivative · entry 3

Duncan Benny D. · CIK 0001695238 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 122,472

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F2 · ownership.nature: This Form 4 is being filed concurrently with a certain Form 3 filing by Bitter End Royalties, LP, Bitter End, LLC, Eagle Minerals LP, Eagle Management, LLC, Gorda Sound Royalties, L.P., Gorda Sound, LLC, Oil Nut Bay Royalties, LP, Oil Nut Bay, LLC, Trunk Bay Royalty Partners, Ltd. and Trunk Bay, LLC (collectively, the "Entity Filers"). Because the electronic filing system of the Securities and Exchange Commission does not accept CIK and CCC codes from more than ten joint filers of a report, Benny D. Duncan and the Entity Filers have filed separate reports that each relate to the transaction described in footnote 1.

F5 · ownership.nature: These securities are owned directly by Gorda Sound Royalties, L.P. The reporting person is the sole manager of Gorda Sound, LLC, the general partner of Gorda Sound Royalties, L.P. Each of the reporting person and Gorda Sound, LLC disclaims beneficial ownership of the Common Units owned by Gorda Sound Royalties, L.P. except to the extent of his and its pecuniary interest therein.

SEC source: 0001104659-17-007844 · a4.xml · nonDerivative · entry 2

Duncan Benny D. · CIK 0001695238 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 20,053

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F2 · ownership.nature: This Form 4 is being filed concurrently with a certain Form 3 filing by Bitter End Royalties, LP, Bitter End, LLC, Eagle Minerals LP, Eagle Management, LLC, Gorda Sound Royalties, L.P., Gorda Sound, LLC, Oil Nut Bay Royalties, LP, Oil Nut Bay, LLC, Trunk Bay Royalty Partners, Ltd. and Trunk Bay, LLC (collectively, the "Entity Filers"). Because the electronic filing system of the Securities and Exchange Commission does not accept CIK and CCC codes from more than ten joint filers of a report, Benny D. Duncan and the Entity Filers have filed separate reports that each relate to the transaction described in footnote 1.

F4 · ownership.nature: These securities are owned directly by Eagle Minerals LP. The reporting person is the sole member of Eagle Management, LLC, the general partner of Eagle Minerals LP. Each of the reporting person and Eagle Management, LLC disclaims beneficial ownership of the Common Units owned by Eagle Minerals LP except to the extent of his and its pecuniary interest therein.

SEC source: 0001104659-17-007844 · a4.xml · nonDerivative · entry 1

Duncan Benny D. · CIK 0001695238 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 18,709

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer, Bitter End, LLC, Bitter End Royalties, LP, Eagle Management, LLC, Eagle Minerals LP, Gorda Sound, LLC, Gorda Sound Royalties, L.P., Oil Nut Bay, LLC, Oil Nut Bay Royalties, LP, Trunk Bay, LLC, Trunk Bay Royalty Partners, Ltd. and the other parties thereto.

F2 · ownership.nature: This Form 4 is being filed concurrently with a certain Form 3 filing by Bitter End Royalties, LP, Bitter End, LLC, Eagle Minerals LP, Eagle Management, LLC, Gorda Sound Royalties, L.P., Gorda Sound, LLC, Oil Nut Bay Royalties, LP, Oil Nut Bay, LLC, Trunk Bay Royalty Partners, Ltd. and Trunk Bay, LLC (collectively, the "Entity Filers"). Because the electronic filing system of the Securities and Exchange Commission does not accept CIK and CCC codes from more than ten joint filers of a report, Benny D. Duncan and the Entity Filers have filed separate reports that each relate to the transaction described in footnote 1.

F3 · ownership.nature: These securities are owned directly by Bitter End Royalties, LP. The reporting person is the sole manager of Bitter End, LLC, the general partner of Bitter End Royalties, LP. Each of the reporting person and Bitter End, LLC disclaims beneficial ownership of the Common Units owned by Bitter End Royalties, LP except to the extent of his and its pecuniary interest therein.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 12

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 106

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F13 · ownership.nature: These securities are owned directly by RCPTX Holdings Genpar, LLC. The reporting person is a member of Westside Energy LLC, which is both (i) a limited partner of BGT Royalty Partners, LP and (ii) a member of Rivercrest Royalties II, LLC, a limited partner of BGT Royalty Partners, LP. BGT Royalty Partners, LP is the sole member of RCPTX Holdings Genpar, LLC.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 11

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 247

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F12 · ownership.nature: These securities are owned directly by FWA Partners, LLC. The reporting person is a general partner of Chisholm Minerals, a member of FWA Partners, LLC.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 10

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 1,368

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F11 · ownership.nature: These securities are owned directly by Princeton Royalties, LLC. The reporting person is a member of Westside Energy LLC, a member of Princeton Royalties, LLC.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 9

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 8,751

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F10 · ownership.nature: These securities are owned directly by BGT Royalty Partners, LP. The reporting person is a member of Westside Energy LLC, which is both (i) a limited partner of BGT Royalty Partners, LP and (ii) a member of Rivercrest Royalties II, LLC, a limited partner of BGT Royalty Partners, LP.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 8

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 14,933

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F9 · ownership.nature: These securities are owned directly by Rivercrest Royalties Holdings, LLC. The reporting person is a member of Westside Energy LLC, a member of Rivercrest Royalties Holdings, LLC.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 7

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 16,984

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F8 · ownership.nature: These securities are owned directly by Fort Worth Minerals. The reporting person is a general partner of Fort Worth Minerals.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 6

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 18,361

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F7 · ownership.nature: These securities are owned directly by Westside Energy LLC. The reporting person is a member of Westside Energy LLC.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 5

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 20,160

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F6 · ownership.nature: These securities are owned directly by Caprock Minerals. The reporting person is a general partner of Caprock Minerals.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 4

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 30,086

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F5 · ownership.nature: These securities are owned directly by Chisholm Minerals. The reporting person is a general partner of Chisholm Minerals.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 3

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 30,973

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F4 · ownership.nature: These securities are owned directly by Aledo Royalty Company. The reporting person is a general partner of Trinity Minerals, a general partner of Aledo Royalty Company.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 2

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 35,034

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F3 · ownership.nature: These securities are owned directly by Brazos Minerals, L.L.C. The reporting person is a member of Brazos Minerals, L.L.C.

SEC source: 0001104659-17-007839 · a4.xml · nonDerivative · entry 1

Ravnaas Robert D. · CIK 0001695242 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 56,511

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F2 · ownership.nature: These securities are owned directly by Trinity Minerals. The reporting person is a general partner of Trinity Minerals.

SEC source: 0001104659-17-007841 · a4.xml · nonDerivative · entry 1

McInnis Jeff · CIK 0001695309 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,777

F1 · shares: These securities were purchased through the Directed Unit Program conducted in connection with the initial public offering of Kimbell Royalty Partners, LP.

F2 · ownership.direct: These securities are held jointly of record by the reporting person and his spouse.

SEC source: 0001104659-17-007851 · a4.xml · nonDerivative · entry 1

ADAMS WILLIAM H III · CIK 0001182695 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,500

F1 · shares: The reporting person purchased these securities through the Directed Unit Program conducted in connection with the initial public offering of Kimbell Royalty Partners, LP.

SEC source: 0001104659-17-007846 · a4.xml · nonDerivative · entry 4

MARTIN T SCOTT · CIK 0001413469 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,333

F5 · shares: The reporting person purchased these securities through the Directed Unit Program conducted in connection with the initial public offering of the Issuer.

SEC source: 0001104659-17-007846 · a4.xml · nonDerivative · entry 3

MARTIN T SCOTT · CIK 0001413469 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 21

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F4 · ownership.nature: These securities are owned directly by RCPTX Holdings Genpar, LLC. The reporting person is the sole member of T. Scott Martin Oil & Gas, LLC, a member of Rivercrest Royalties II, LLC, a limited partner of BGT Royalty Partners, LP, the sole member of RCPTX Holdings Genpar, LLC.

SEC source: 0001104659-17-007846 · a4.xml · nonDerivative · entry 2

MARTIN T SCOTT · CIK 0001413469 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 1,741

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F3 · ownership.nature: These securities are owned directly by BGT Royalty Partners, LP. The reporting person is the sole member of T. Scott Martin Oil & Gas, LLC, a member of Rivercrest Royalties II, LLC, a limited partner of BGT Royalty Partners, LP.

SEC source: 0001104659-17-007846 · a4.xml · nonDerivative · entry 1

MARTIN T SCOTT · CIK 0001413469 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 3,946

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F2 · ownership.nature: These securities are owned directly by Rivercrest Royalties Holdings, LLC. The reporting person is the sole member of T. Scott Martin Oil & Gas, LLC, a member of Rivercrest Royalties Holdings, LLC.

SEC source: 0001104659-17-007852 · a4.xml · nonDerivative · entry 1

Collins Ted Jr · CIK 0001301042 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,666

F1 · shares: The reporting person purchased these securities through the Directed Unit Program conducted in connection with the initial public offering of Kimbell Royalty Partners, LP.

SEC source: 0001104659-17-007840 · a4.xml · nonDerivative · entry 5

Ravnaas Robert Davis · CIK 0001696138 · President and CFO

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 52

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F6 · ownership.nature: These securities are owned directly by RCPTX Holdings Genpar, LLC. The reporting person is a member of Westside Energy LLC, which is both (i) a limited partner of BGT Royalty Partners, LP and (ii) a member of Rivercrest Royalties II, LLC, a limited partner of BGT Royalty Partners, LP. BGT Royalty Partners, LP is the sole member of RCPTX Holdings Genpar, LLC.

SEC source: 0001104659-17-007840 · a4.xml · nonDerivative · entry 4

Ravnaas Robert Davis · CIK 0001696138 · President and CFO

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 684

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F5 · ownership.nature: These securities are owned directly by Princeton Royalties, LLC. The reporting person is a member of Westside Energy LLC, a member of Princeton Royalties, LLC.

SEC source: 0001104659-17-007840 · a4.xml · nonDerivative · entry 3

Ravnaas Robert Davis · CIK 0001696138 · President and CFO

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 4,375

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F4 · ownership.nature: These securities are owned directly by BGT Royalty Partners, LP. The reporting person is a member of Westside Energy LLC, which is both (i) a limited partner of BGT Royalty Partners, LP and (ii) a member of Rivercrest Royalties II, LLC, a limited partner of BGT Royalty Partners, LP.

SEC source: 0001104659-17-007840 · a4.xml · nonDerivative · entry 2

Ravnaas Robert Davis · CIK 0001696138 · President and CFO

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 7,466

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F3 · ownership.nature: These securities are owned directly by Rivercrest Royalties Holdings, LLC. The reporting person is a member of Westside Energy LLC, a member of Rivercrest Royalties Holdings, LLC.

SEC source: 0001104659-17-007840 · a4.xml · nonDerivative · entry 1

Ravnaas Robert Davis · CIK 0001696138 · President and CFO

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 9,180

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto.

F2 · ownership.nature: These securities are owned directly by Westside Energy LLC. The reporting person is a member of Westside Energy LLC.

SEC source: 0001104659-17-052757 · a4a.xml · nonDerivative · entry 3

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 453

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F6 · ownership.nature: These Common Units are beneficially owned by RCPTX Holdings Genpar, LLC. The reporting person is the sole member of BGT Minerals, LLC, a limited partner of BGT Royalty Partners, LP, the sole member of RCPTX Holdings Genpar, LLC.

F7 · ownership.nature: 73 of these Common Units were inadvertently omitted from the reporting person's original Form 4 and from the reporting person's subsequently filed Forms 4 due to a miscalculation of the limited partner interest of BGT Minerals, LLC in BGT Royalty Partners, LP.

SEC source: 0001104659-17-052757 · a4a.xml · nonDerivative · entry 2

Taylor Brett G. · CIK 0001695392 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 7,582

F1 · kind: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F1 · price: Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").

F4 · ownership.nature: These Common Units are beneficially owned by Trinity Minerals. Such Common Units represent the amount of consideration received by Trinity Minerals that is attributable to Brett G. Taylor Royalty Trust's participation interest in certain of the assets contributed by Trinity Minerals, the title holder of such assets, to the Issuer pursuant to the Contribution Agreement. The reporting person is the sole trustee and sole beneficiary of Brett G. Taylor Royalty Trust.

F5 · ownership.nature: 6,861 of these Common Units were inadvertently omitted from the reporting person's original Form 4 and from the reporting person's subsequently filed Forms 4 due to an error in calculating the number of Common Units received by Trinity Minerals in connection with the closing of the initial public offering of the Issuer that were attributable to Brett G. Taylor Royalty Trust's participation interest in certain of the assets contributed by Trinity Minerals to the Issuer pursuant to the Contribution Agreement.