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NYSE:TXO

TXO Partners (TXO) Stock Price, News & Analysis

$18.47
-0.68 (-3.55%)
(As of 09/6/2024 08:49 PM ET)
Today's Range
$18.28
$19.29
50-Day Range
$18.45
$20.89
52-Week Range
$17.20
$23.56
Volume
77,600 shs
Average Volume
69,570 shs
Market Capitalization
$709.43 million
P/E Ratio
N/A
Dividend Yield
12.34%
Price Target
$26.00

TXO Partners MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
3.50 Rating Score
Upside/​Downside
40.8% Upside
$26.00 Price Target
Short Interest
Healthy
0.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$19.56 M Bought Last Quarter
Proj. Earnings Growth
63.51%
From $1.48 to $2.42 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.92 out of 5 stars

Oils/Energy Sector

81st out of 239 stocks

Crude Petroleum & Natural Gas Industry

33rd out of 79 stocks

TXO stock logo

About TXO Partners Stock (NYSE: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.

TXO Stock Price History

TXO Stock News Headlines

TXO Partners (NYSE:TXO) Stock Price Up 1.9%
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
TXO Partners stock
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
MorningStar Partners L.P.
Vanda: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Ex-Dividend for 8/27 Dividend
8/20/2024
Dividend Payable
8/27/2024
Today
9/07/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Fax
N/A
Employees
170
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.00
High Stock Price Target
$26.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+40.8%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$-103,990,000.00
Pretax Margin
-60.08%

Debt

Sales & Book Value

Annual Sales
$380.72 million
Cash Flow
$9.93 per share
Book Value
$14.91 per share

Miscellaneous

Free Float
N/A
Market Cap
$709.43 million
Optionable
Not Optionable
Beta
0.05
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Key Executives

  • Mr. Bob R. Simpson (Age 75)
    CEO & Chairman of the Board of TXO Energy GP, LLC
  • Mr. Brent W. Clum
    President of Business Operations, CFO & Director of TXO Energy GP, LLC
  • Mr. Scott T. Agosta (Age 59)
    Chief Accounting Officer of TXO Energy GP, LLC
    Comp: $510.93k
  • Mr. Keith A. Hutton (Age 65)
    President of Production & Development and Director of TXO Energy GP, LLC
  • Mr. Gary D. Simpson (Age 60)
    Senior Vice President

TXO Stock Analysis - Frequently Asked Questions

How have TXO shares performed this year?

TXO Partners' stock was trading at $18.18 at the start of the year. Since then, TXO shares have increased by 1.6% and is now trading at $18.47.
View the best growth stocks for 2024 here
.

How were TXO Partners' earnings last quarter?

TXO Partners, L.P. (NYSE:TXO) released its quarterly earnings results on Tuesday, August, 6th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.19 by $0.10. The business earned $57.31 million during the quarter, compared to analysts' expectations of $63.77 million. TXO Partners had a negative net margin of 60.08% and a positive trailing twelve-month return on equity of 9.33%.

When did TXO Partners IPO?

TXO Partners (TXO) raised $100 million in an IPO on Friday, January 27th 2023. The company issued 5,000,000 shares at $19.00-$21.00 per share.

Who are TXO Partners' major shareholders?

TXO Partners' top institutional investors include King Luther Capital Management Corp (6.67%), American Century Companies Inc. (3.32%), Raymond James & Associates (0.76%) and Westwood Holdings Group Inc. (0.52%). Insiders that own company stock include Bob R Simpson, Keith A Hutton, Global Endowment Management, L and William H Adams III.
View institutional ownership trends
.

How do I buy shares of TXO Partners?

Shares of TXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TXO) was last updated on 9/7/2024 by MarketBeat.com Staff

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