TXO Partners, L.P.

TXO Partners, L.P.

NNYSE:TXO
13.13
USD
+0.45
(+3.55%)
-1.33EPS
757.95MMarket Cap
Feb 26Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.35
9.13
8.21
12.58
7.95
8.06
6.53
Basic EPS, GAAP
-6.53
2.1
-0.26
-3.44
0.66
-0.43
-1.34
Free Cash Flow per Basic Share
0.29
-5.83
2.44
2.2
-4.38
-2.92
2.73
Dividend per Share
- -
0.01
0.44
1.64
2.4
2.04
1.41
Book Value per Share
8.97
10.03
10.26
15.41
14.9
12.63
10.76
Tangible Book Value per Share
8.97
10.03
10.26
15.41
14.9
12.63
10.76
Basic Weighted Avg Shares
25
25
30
30
36
50
55
Sales/Revenue/Turnover
109
228
246
381
283
401
360
Operating Margin (%)
-19.49
19.35
-10.42
26.16
-2.43
2.95
-11.97
Depreciation Expense
42
40
41
44
52
97
107
Net Income, GAAP
-163
52
-8
-104
23
-22
-74
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-150.08
22.98
-3.11
-27.31
8.31
-5.39
-20.52
Working Capital
22
22
-73
16
-2
-59
-56
LT Debt
151
152
120
28
157
291
271
Total Equity
303
541
522
474
609
692
597
Return on Invested Capital (%)
- -
7.65
- -
- -
-1.07
- -
- -
Return on Capital (%)
- -
10.16
- -
- -
4.95
- -
- -
Return on Common Equity (%)
- -
18.41
-2.49
-26.35
4.34
-3.32
-11.09

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
277
270
271
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
55
55
55
Market Capitalization
695
693
758

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
90
179
95
Cash, Cash Equivalents & STI
8
107
9
Accounts Receivable, Net
58
51
63
Inventories
- -
- -
- -
Total Current Liabilities
210
171
152
Payables & Accruals
75
71
88
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
21.57%
13.51%
Free Cash Flow
- -
-522.61%
-6.69%
Net Income, GAAP
- -
138.95%
-192.01%
Sales/Revenue/Turnover
- -
37.69%
41.8%
Total Cash Common Dividend
- -
2,020.08%
18.82%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
67
57
69
89
283
2025
84
90
101
126
401
2026
28
151
55
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.33
0.09
0.01
0.25
0.66
2025
0.06
- -
0.08
-0.52
-0.43
2026
-1.35
1.1
-0.58
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.63
0.65
0.56
0.58
2.4
2025
0.62
0.67
0.45
0.35
2.04
2026
0.3
0.36
0.4
- -
- -

Company Description

CEO
Brent W. Clum
Full Time Employees
231
Sector
Energy minerals
Industry
Integrated oil
Address
400 West 7th Street Fort Worth TX United States 76102
IPO Date
Jan 27, 2023
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

  • TXO Partners Declares a Third Quarter 2026 Distribution of $0.44 on Common Units

  • TXO Partners LP (TXO) Registers a Bigger Fall Than the Market: Important Facts to Note

  • Wall Street Analysts See a 39.86% Upside in TXO Partners LP (TXO): Can the Stock Really Move This High?

  • TXO Partners LP (TXO) Earnings Expected to Grow: What to Know Ahead of Q3 Release

  • TXO Partners LP (TXO) Gains As Market Dips: What You Should Know

  • TXO Partners LP (TXO) Sees a More Significant Dip Than Broader Market: Some Facts to Know

  • TXO Partners: An 11% Yield And A Chairman Who Keeps Buying

  • TXO Partners LP (TXO) Gains As Market Dips: What You Should Know

  • Here Are Thursday’s Top Wall Street Analyst Research Calls: CAVA Group, Constellation Brands, Goldman Sachs Group, Hub Spot, Hut 8, Paladin Technologies, NXP Semiconductor, Spotify Technology, Tyler Technologies, and More

  • Why TXO Partners LP (TXO) Dipped More Than Broader Market Today

  • 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