TXO Partners, L.P. (TXO)
| Market Cap | 746.26M |
| Revenue (ttm) | 285.45M |
| Net Income (ttm) | -180.45M |
| Shares Out | 40.91M |
| EPS (ttm) | -5.47 |
| PE Ratio | n/a |
| Forward PE | 13.66 |
| Dividend | $2.38 (13.05%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 236,074 |
| Open | 18.20 |
| Previous Close | 18.01 |
| Day's Range | 17.90 - 18.41 |
| 52-Week Range | 17.20 - 23.56 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 26.00 (+42.54%) |
| Earnings Date | Nov 5, 2024 |
About TXO
TXO Partners, L.P., an oil and natural gas company, focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. Its acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado. The company was formerly known as TXO Energy Partners, L.P. and changed its name to TXO Partners, L.P. in May 2023. TXO Partners, L.P. was incorporated in 2012 and is based in Fort Worth, Texas. [Read more]
Financial Performance
In 2023, TXO Partners's revenue was $380.72 million, an increase of 54.51% compared to the previous year's $246.40 million. Losses were -$103.99 million, 1256.1% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for TXO stock is "Strong Buy." The 12-month stock price forecast is $26.0, which is an increase of 42.54% from the latest price.
News
TXO Partners' Q3 Earnings: May Get A Boost From Trump's Win But Too Risky
TXO Partners L.P.'s Q3 results show mixed performance, with impressive oil revenues but a significant decline in gas revenues and increased expenses. The company's high dividend yield of 12.3% is not ...
TXO Partners Declares a Third Quarter 2024 Distribution of $0.58 on Common Units; Files Quarterly Report on Form 10-Q
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.58 per common unit for the quarter e...
Tortoise Capital Announces Index Updates for Third Quarter 2024 and Change of Methodology for the Tortoise North American Pipeline Indexsm (TNAP)
OVERLAND PARK, KS / ACCESSWIRE / September 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the third quarte...
TXO Partners Declares a Second Quarter 2024 Distribution of $0.57 on Common Units; Files Quarterly Report on Form 10-Q
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.57 per common unit for the quarter e...
TXO Partners, L.P. Announces Pricing of Upsized Public Offering
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) (“TXO”) today announced the pricing of its public offering of 6,500,000 common units representing limited partner interests in TXO (t...
TXO Partners, L.P. Announces Commencement of Underwritten Public Offering
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) (“TXO”) today announced, subject to market and other conditions, the commencement of an underwritten public offering of 5,000,000 com...
TXO Partners, L.P. Announces Entry Into Definitive Agreements for Assets in the Greater Williston Basin
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) (“TXO”) announced today that it has entered into separate purchase agreements with Eagle Mountain Energy Partners (A Pearl Energy Inv...
TXO Partners Declares a First Quarter 2024 Distribution of $0.65 on Common Units; Files Quarterly Report on Form 10-Q
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.65 per common unit for the quarter e...
TXO Partners Declares a Fourth Quarter 2023 Distribution of $0.58 on Common Units; Files Annual Report on Form 10-K
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.58 per common unit for the quarter e...
TXO Partners: 11.4% Yielder Is Worth A Look
TXO Partners, L.P. units are trading at a pro forma 11.44% current yield after declining following its 3Q23 financial report. The company is focused on the acquisition and development of reserves in N...
TXO Partners Declares a Third Quarter 2023 Distribution of $0.52 on Common Units; Files Quarterly Report on Form 10-Q
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.52 per common unit for the quarter e...
TXO Partners Declares a Second Quarter 2023 Distribution of $.48 on Common Units; Files Quarterly Report on Form 10-Q
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared TXO's second quarter distribution of $0.48 per common uni...
TXO Partners Declares First Quarter 2023 Distribution of $0.50 on Common Units; Provides 2023 Distribution Outlook; Files Quarterly Report on Form 10-Q and Announces Name Change
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) (formerly known as TXO Energy Partners, L.P.) announced today that the Board of Directors of its general partner declared TXO's first...
TXO ENERGY PARTNERS, L.P. Files 2022 Annual Report on Form 10-K
FORT WORTH, Texas--(BUSINESS WIRE)--TXO Energy Partners, L.P. (NYSE: TXO) (“TXO”) on March 31st, 2023, filed financial and operational results for the fiscal year ended December 31, 2022 on Form 10-K ...
TXO Energy Partners, L.P. Announces Closing of Exercise of IPO Underwriters' Over-Allotment Option to Purchase Additional Common Units
FORT WORTH, Texas--(BUSINESS WIRE)--As previously announced, in connection with its initial public offering (the “IPO”), TXO Energy Partners, L.P. (formerly known as MorningStar Partners, L.P., “TXO...
TXO Energy Partners IPO prices in the middle of its range for Friday trading
TXO Energy Partners L.P. TXO, priced five million common units at $20 in its $500 million initial public offering for trading on Friday on the New York Stock Exchange under the symbol TXO.
TXO Energy Partners, L.P. Announces Pricing of Initial Public Offering
FORT WORTH, Texas--(BUSINESS WIRE)--MorningStar Partners, L.P., which will be renamed “TXO Energy Partners, L.P.” (“TXO”), announced today the pricing of its initial public offering of 5,000,000 com...
IPO Update: TXO Energy Readies $100 Million U.S. IPO
TXO Energy Partners has filed to raise $100 million in a U.S. IPO from the sale of common units. The firm acquires and operates conventional oil & gas extraction sites in the Permian Basin and San Jua...
TXO Energy going public as IPO market perks up with mostly tiny deals
TXO Energy Partners LP, a specialist in conventional oil and natural gas production in the Permian Basin of West Texas and the San Juan basin of New Mexico, stands out as the largest of eight initial ...
TXO Energy sets IPO price range
TXO Energy Partners L.P. on Wednesday said it plans to offer five million common units at an estimated price range of $19 to $21 per unit with underwriters Raymond James, Stifel, Janney Montgomery Sco...
TXO Energy Partners, L.P. Announces Launch of Initial Public Offering
FORT WORTH, Texas--(BUSINESS WIRE)--MorningStar Partners, L.P., which will be renamed “TXO Energy Partners, L.P.” (“TXO”), announced today the launch of its initial public offering of 5,000,000 comm...
TXO Energy Partners Starts IPO Process For Debt Paydown
TXO Energy Partners, L.P. has filed to raise investment capital via a U.S. IPO. The firm is an exploration & production company focused on conventional formations in the Permian Basin and San Juan Bas...
TXO Energy files IPO to trade on NYSE
MorningStar Partners LP, a Fort Worth, Texas, oil and gas exploration and production company, on Thursday filed the prospectus for its initial public offering with underwriters Raymond James, Stifel, ...