TXO Partners, L.P.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Brent W. Clum
- Full Time Employees
- 228
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 400 West 7th Street Fort Worth TX United States of America 76102
- IPO Date
- Jan 27, 2023
- CIK
- 0001559432
- Website
- txopartners.com
- Similar Companies
- Business
- TXO Partners, L.P. (NYSE: TXO) is a publicly traded master limited partnership focused on the acquisition, development, and production of oil and natural gas resources, primarily in the Permian Basin of West Texas and New Mexico. The company offers a diversified portfolio of upstream energy assets, including crude oil, natural gas liquids, and natural gas production; midstream services such as gathering, processing, and transportation; and energy hedging strategies to mitigate commodity price volatility for investors. TXO targets institutional and retail investors seeking income-oriented exposure to U.S. onshore energy plays through its common units and incentive distribution rights. Founded in 2023 through the business combination with Avaron Limited, TXO is headquartered in Fort Worth, Texas, and operates principally in the prolific Permian Basin region, with additional interests in other U.S. basins. Its core products encompass operated and non-operated working interests in approximately 5,000 drilling locations; fee-based midstream contracts providing stable cash flows; and carbon capture initiatives aligned with energy transition goals. The partnership maintains a sponsor relationship with TXO Partners GP, LLC, which supports strategic capital allocation and growth opportunities. In the past two years, TXO has pursued aggressive expansion through multiple acquisitions, including the $147 million purchase of 2,100 net acres in the Permian Basin in early 2025 to boost inventory and production; a strategic alliance with an undisclosed midstream operator to enhance processing capacity; and a $75 million debt financing round closed in late 2024 to fund drilling programs. The company launched a new hedging program in mid-2025 covering 60% of its oil production, reducing exposure amid volatile markets, and announced a 15% distribution increase in Q3 2025 reflecting strong free cash flow generation. These moves underscore TXO's shift toward high-return, inventory-rich assets amid industry consolidation.
Company News
4 Ultra-High-Yield Energy Stocks Are September Strong Buys (One Yields Over 10%)
5 Stocks With Recent Price Strength Amid a Volatile September
TXO Partners LP (TXO) Declines More Than Market: Some Information for Investors
Best Income Stocks to Buy for September 16th
Wall Street Analysts Think TXO Partners LP (TXO) Could Surge 32.18%: Read This Before Placing a Bet
Is It Worth Investing in TXO Partners LP (TXO) Based on Wall Street's Bullish Views?
TXO Partners LP (TXO) Gains As Market Dips: What You Should Know
All You Need to Know About TXO Partners LP (TXO) Rating Upgrade to Strong Buy
TXO Partners LP (TXO) is on the Move, Here's Why the Trend Could be Sustainable
Best Momentum Stocks to Buy for September 4th
New Strong Buy Stocks for September 4th
Best Income Stocks to Buy for September 4th
New Strong Buy Stocks for September 1st
Best Income Stocks to Buy for September 1st
Best Income Stocks to Buy for August 28th
Can TXO Partners LP (TXO) Run Higher on Rising Earnings Estimates?
Wall Street Analysts Believe TXO Partners LP (TXO) Could Rally 41.94%: Here's is How to Trade
Is TXO Partners LP (TXO) a Buy as Wall Street Analysts Look Optimistic?
Best Income Stocks to Buy for August 25th
TXO Partners Eyes Higher 2027 Distributions as Williston Drilling Gains Momentum