Symbols / TXO Stock $12.60 +2.61% TXO Partners, L.P.

Energy • Oil & Gas E&P • United States • NYQ
TXO (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Energy
Industry Oil & Gas E&P
CEO Mr. Brent W. Clum
Exch · Country NYQ · United States
Market Cap 696.06M
Enterprise Value 977.78M
Income -21.62M
Sales 401.01M
FCF (ttm) -135.34M
Book/sh 12.63
Cash/sh 0.17
Employees 224
Insider 10d —
IPO Jan 27, 2023
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 5.62%
P/E —
Forward P/E 18.00
PEG —
P/S 1.74
P/B 1.00
P/C —
EV/EBITDA 7.88
EV/Sales 2.44
Quick Ratio 0.40
Current Ratio 0.62
Debt/Eq 42.08
LT Debt/Eq —
EPS (ttm) -0.43
EPS next Y 0.70
EPS Growth —
Revenue Growth 41.00%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-04
Earnings (prior) 2026-02-26
ROA -1.60%
ROE -3.32%
ROIC —
Gross Margin 53.56%
Oper. Margin -21.47%
Profit Margin -5.39%
Shs Outstand 55.24M
Shs Float 41.61M
Insider Own 25.23%
Instit Own 30.62%
Short Float 2.12%
Short Ratio 4.24
Short Interest 903.51K
52W High 17.90
vs 52W High -29.61%
52W Low 10.12
vs 52W Low 24.51%
Beta -0.01
Impl. Vol. 0.78%
Rel Volume 0.92
Avg Volume 197.35K
Volume 180.75K
Target (mean) $21.33
Tgt Median $22.00
Tgt Low $19.00
Tgt High $23.00
# Analysts 3
Recom Strong_buy
Prev Close $12.28
Price $12.60
Change 2.61%
About

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; the San Juan Basin of New Mexico and Colorado; and the Williston Basin of Montana and North Dakota. TXO Partners, L.P. was formerly known as TXO Energy Partners, L.P. and changed its name to TXO Partners, L.P. in May 2023. The company was incorporated in 2012 and is based in Fort Worth, Texas.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$21.33
Mean price target
2. Current target
$12.60
Latest analyst target
3. DCF / Fair value
$-44.10
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$12.60
Low
$19.00
High
$23.00
Mean
$21.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-06 main Stifel Buy → Buy $19
2025-10-21 main Stifel Buy → Buy $19
2025-09-09 main Raymond James Strong Buy → Strong Buy $22
2025-08-14 main Stifel Buy → Buy $21
2025-07-25 reit Raymond James Strong Buy → Strong Buy $24
2024-01-24 main Raymond James Strong Buy → Strong Buy $26
2024-01-23 main Stifel Buy → Buy $26
2023-11-20 main Stifel Buy → Buy $27
2023-08-25 main Stifel Buy → Buy $28
2023-07-24 main Raymond James Strong Buy → Strong Buy $30
2023-04-12 main Stifel — → Buy $28
2023-02-21 init Capital One — → Overweight $35
2023-02-21 init Raymond James — → Strong Buy $34
2023-02-21 init Stifel — → Buy $31
News
RSS: Latest TXO news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 SIMPSON GARY D Chief Executive Officer — 27,234 $12.38 $337,157
2026-04-01 CLUM BRENT W Chief Executive Officer — 27,234 $12.38 $337,157
2026-03-27 HUTTON KEITH A Affiliated Person — 720,000 $0.00 $0
2026-01-30 ADAMS WILLIAM H III Director — 10,667 $0.00 $0
2026-01-30 KEVIL PHILLIP R Director — 10,667 $0.00 $0
2026-01-30 KING J LUTHER JR. Director — 10,667 $0.00 $0
2026-01-30 SIMPSON GARY D Chief Executive Officer — 208,325 $0.00 $0
2026-01-30 SIMPSON GARY D Chief Executive Officer — 8,126 $12.07 $98,081
2026-01-30 MASSARO LAWRENCE S Director — 10,667 $0.00 $0
2026-01-30 SETTLE RICHARD JACOB Director — 10,667 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
401.01
+41.80%
282.81
-25.72%
380.72
+54.51%
246.40
Operating Revenue
401.01
+41.80%
282.81
-25.72%
380.72
+54.51%
246.40
Cost Of Revenue
282.80
+39.52%
202.70
+7.24%
189.02
+11.83%
169.03
Reconciled Cost Of Revenue
282.80
+39.52%
202.70
+7.24%
189.02
+11.83%
169.03
Gross Profit
118.21
+47.57%
80.11
-58.21%
191.70
+147.76%
77.37
Operating Expense
106.36
+22.31%
86.97
-5.57%
92.10
-10.63%
103.05
Selling General And Administration
21.46
+47.73%
14.53
+84.21%
7.89
+379.16%
1.65
General And Administrative Expense
21.46
+47.73%
14.53
+84.21%
7.89
+379.16%
1.65
Other Gand A
21.46
+47.73%
14.53
+84.21%
7.89
+379.16%
1.65
Other Operating Expenses
16.12
+34.38%
12.00
+36.40%
8.79
+37.10%
6.42
Total Expenses
389.17
+34.35%
289.67
+3.04%
281.12
+3.32%
272.08
Operating Income
11.84
+272.63%
-6.86
-106.89%
99.60
+487.86%
-25.68
Total Operating Income As Reported
-30.58
-345.72%
-6.86
+94.46%
-123.78
-382.01%
-25.68
EBITDA
91.92
+9.72%
83.78
+251.56%
-55.28
-231.94%
41.89
Normalized EBITDA
134.34
+60.36%
83.78
-50.16%
168.11
+301.27%
41.89
Reconciled Depreciation
96.57
+84.27%
52.41
+18.34%
44.29
+7.07%
41.36
EBIT
-4.66
-114.84%
31.37
+131.51%
-99.56
-18885.66%
0.53
Total Unusual Items
-42.42
0.00
+100.00%
-223.38
0.00
Total Unusual Items Excluding Goodwill
-42.42
0.00
+100.00%
-223.38
0.00
Special Income Charges
-42.42
0.00
+100.00%
-223.38
0.00
Impairment Of Capital Assets
42.42
0.00
-100.00%
223.38
—
Write Off
—
0.00
-100.00%
223.38
0.00
Net Income
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Pretax Income
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Net Non Operating Interest Income Expense
-16.35
-140.56%
-6.79
-71.50%
-3.96
+50.81%
-8.05
Interest Expense Non Operating
16.96
+115.47%
7.87
+78.00%
4.42
-46.05%
8.20
Net Interest Income
-16.35
-140.56%
-6.79
-71.50%
-3.96
+50.81%
-8.05
Interest Expense
16.96
+115.47%
7.87
+78.00%
4.42
-46.05%
8.20
Interest Income Non Operating
0.62
-42.67%
1.08
+133.84%
0.46
+222.38%
0.14
Interest Income
0.62
-42.67%
1.08
+133.84%
0.46
+222.38%
0.14
Other Income Expense
-17.12
-146.07%
37.15
+118.61%
-199.63
-865.83%
26.07
Other Non Operating Income Expenses
25.31
-31.88%
37.15
+56.39%
23.76
-8.87%
26.07
Tax Rate For Calcs
0.00
-100.00%
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Net Income From Continuing Operation Net Minority Interest
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Net Income From Continuing And Discontinued Operation
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Net Income Continuous Operations
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Normalized Income
20.81
-11.45%
23.50
-80.32%
119.40
+1657.08%
-7.67
Net Income Common Stockholders
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Diluted EPS
—
0.65
+118.90%
-3.44
-1245.85%
-0.26
Basic EPS
—
0.66
+119.19%
-3.44
-1245.85%
-0.26
Basic Average Shares
—
35.56
+17.49%
30.27
+0.88%
30.00
Diluted Average Shares
—
36.13
+19.39%
30.27
+0.88%
30.00
Diluted NI Availto Com Stockholders
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Other Taxes
68.78
+13.80%
60.44
-19.85%
75.42
-20.61%
94.99
Line Item Trend 2023-12-31
Total Assets
695.61
Current Assets
55.19
Cash Cash Equivalents And Short Term Investments
4.50
Cash And Cash Equivalents
4.50
Receivables
32.23
Accounts Receivable
32.23
Hedging Assets Current
6.05
Other Current Assets
12.41
Total Non Current Assets
640.42
Net PPE
629.32
Gross PPE
1,642.44
Accumulated Depreciation
-1,013.12
Other Properties
1,642.44
Other Non Current Assets
3.97
Total Liabilities Net Minority Interest
221.81
Current Liabilities
39.12
Payables And Accrued Expenses
31.96
Payables
13.60
Accounts Payable
8.60
Current Accrued Expenses
18.36
Pensionand Other Post Retirement Benefit Plans Current
0.00
Total Tax Payable
5.00
Current Deferred Liabilities
—
Other Current Liabilities
5.41
Total Non Current Liabilities Net Minority Interest
182.70
Long Term Debt And Capital Lease Obligation
28.10
Long Term Debt
28.10
Long Term Provisions
152.22
Other Non Current Liabilities
2.38
Preferred Securities Outside Stock Equity
—
Stockholders Equity
0.00
Common Stock Equity
0.00
Capital Stock
0.00
Common Stock
0.00
Preferred Stock
0.00
Share Issued
30.75
Ordinary Shares Number
30.75
Treasury Shares Number
0.00
Total Equity Gross Minority Interest
473.80
Total Capitalization
501.90
Working Capital
16.07
Invested Capital
28.10
Total Debt
28.10
Net Debt
23.59
Net Tangible Assets
0.00
Tangible Book Value
0.00
Current Provisions
1.75
Derivative Product Liabilities
0.00
Financial Assets
0.00
Limited Partnership Capital
473.80
Non Current Note Receivables
7.13
Preferred Stock Equity
—
Total Partnership Capital
473.80
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
118.19
+8.13%
109.30
+41.67%
77.15
-43.43%
136.38
Cash Flow From Continuing Operating Activities
118.19
+8.13%
109.30
+41.67%
77.15
-43.43%
136.38
Net Income From Continuing Operations
-21.62
-192.01%
23.50
+122.60%
-103.99
-1256.12%
-7.67
Depreciation Amortization Depletion
96.57
+84.27%
52.41
+18.34%
44.29
+7.07%
41.36
Other Non Cash Items
30.66
+72.76%
17.75
+124.16%
-73.47
+11.72%
-83.23
Stock Based Compensation
16.30
+164.44%
6.17
+77.67%
3.47
0.00
Asset Impairment Charge
42.42
0.00
-100.00%
223.38
0.00
Operating Gains Losses
-37.87
-1575.64%
2.57
+111.07%
-23.18
-111.41%
203.21
Gain Loss On Investment Securities
-37.87
-1575.64%
2.57
+111.07%
-23.18
-111.41%
203.21
Change In Working Capital
-8.29
-219.96%
6.91
+4.08%
6.64
+138.39%
-17.30
Change In Receivables
-12.77
-59.84%
-7.99
-140.60%
19.68
+186.51%
-22.75
Changes In Account Receivables
-12.77
-59.84%
-7.99
-140.60%
19.68
+186.51%
-22.75
Change In Other Current Assets
-2.29
-240.91%
1.63
+398.17%
-0.55
+90.01%
-5.47
Change In Other Current Liabilities
6.77
-48.99%
13.28
+206.27%
-12.49
-214.46%
10.92
Investing Cash Flow
-335.32
-16.32%
-288.28
-523.72%
-46.22
+46.67%
-86.67
Cash Flow From Continuing Investing Activities
-335.32
-16.32%
-288.28
-523.72%
-46.22
+46.67%
-86.67
Net PPE Purchase And Sale
-263.60
+0.54%
-265.04
-2443.34%
-10.42
+83.45%
-62.95
Purchase Of PPE
-263.62
+0.58%
-265.16
-2444.51%
-10.42
+83.53%
-63.27
Sale Of PPE
0.02
-85.25%
0.12
0.00
-100.00%
0.32
Capital Expenditure
-263.62
+0.58%
-265.16
-2444.51%
-10.42
+83.53%
-63.27
Net Other Investing Changes
-71.71
-208.55%
-23.24
+35.08%
-35.80
-50.92%
-23.72
Financing Cash Flow
219.20
+20.58%
181.78
+610.21%
-35.63
+25.85%
-48.05
Cash Flow From Continuing Financing Activities
219.20
+20.58%
181.78
+610.21%
-35.63
+25.85%
-48.05
Net Issuance Payments Of Debt
134.00
+3.88%
129.00
+240.22%
-92.00
-187.50%
-32.00
Issuance Of Debt
405.50
+61.55%
251.00
+191.86%
86.00
-94.11%
1,461.00
Repayment Of Debt
-271.50
-122.54%
-122.00
+31.46%
-178.00
+88.08%
-1,493.00
Long Term Debt Issuance
405.50
+61.55%
251.00
+191.86%
86.00
-94.11%
1,461.00
Long Term Debt Payments
-271.50
-122.54%
-122.00
+31.46%
-178.00
+88.08%
-1,493.00
Net Long Term Debt Issuance
134.00
+3.88%
129.00
+240.22%
-92.00
-187.50%
-32.00
Net Common Stock Issuance
189.50
+34.18%
141.23
+32.89%
106.28
0.00
Common Stock Dividend Paid
-101.42
-18.82%
-85.36
-71.53%
-49.76
-277.47%
-13.18
Cash Dividends Paid
-101.42
-18.82%
-85.36
-71.53%
-49.76
-277.47%
-13.18
Proceeds From Stock Option Exercised
—
0.00
0.00
-100.00%
1.03
Net Other Financing Charges
-2.89
+6.66%
-3.09
-2048.61%
-0.14
+96.31%
-3.90
Changes In Cash
2.07
-26.11%
2.80
+159.59%
-4.70
-383.58%
1.66
Beginning Cash Position
7.30
+62.15%
4.50
-51.05%
9.20
+21.96%
7.55
End Cash Position
9.37
+28.32%
7.30
+62.15%
4.50
-51.05%
9.20
Free Cash Flow
-145.44
+6.69%
-155.86
-333.58%
66.73
-8.73%
73.11
Common Stock Issuance
189.50
+34.18%
141.23
+32.89%
106.28
0.00
Issuance Of Capital Stock
189.50
+34.18%
141.23
+32.89%
106.28
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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