Capital One Financial Predicts TXO Partners Q4 Earnings

TXO Partners, L.P. (NYSE:TXO - Free Report) - Equities researchers at Capital One Financial raised their Q4 2024 EPS estimates for shares of TXO Partners in a research report issued on Wednesday, January 8th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $0.28 for the quarter, up from their prior forecast of $0.27. The consensus estimate for TXO Partners' current full-year earnings is $0.79 per share. Capital One Financial also issued estimates for TXO Partners' Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.58 EPS and FY2026 earnings at $1.53 EPS.

TXO Partners Stock Up 3.2 %

Shares of NYSE:TXO opened at $17.33 on Monday. TXO Partners has a 52 week low of $15.22 and a 52 week high of $23.56. The stock has a market cap of $709.02 million, a PE ratio of -2.92 and a beta of 0.15. The business has a fifty day simple moving average of $16.69. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.25.

TXO Partners Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 15th were paid a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, November 15th. This is a boost from TXO Partners's previous quarterly dividend of $0.57. This represents a $2.32 dividend on an annualized basis and a dividend yield of 13.39%. TXO Partners's payout ratio is currently -39.06%.

Insider Buying and Selling

In other news, Director Keith A. Hutton acquired 60,000 shares of TXO Partners stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average price of $16.04 per share, for a total transaction of $962,400.00. Following the purchase, the director now directly owns 4,100,215 shares in the company, valued at $65,767,448.60. The trade was a 1.49 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director William H. Adams III acquired 14,000 shares of TXO Partners stock in a transaction that occurred on Monday, December 30th. The shares were purchased at an average price of $16.93 per share, with a total value of $237,020.00. Following the purchase, the director now owns 92,784 shares in the company, valued at $1,570,833.12. This represents a 17.77 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 75,500 shares of company stock valued at $1,223,690.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of TXO. American Century Companies Inc. raised its stake in shares of TXO Partners by 1,127.0% during the 2nd quarter. American Century Companies Inc. now owns 1,025,906 shares of the company's stock worth $20,682,000 after acquiring an additional 942,295 shares in the last quarter. Hsbc Holdings PLC grew its position in TXO Partners by 89.6% during the 2nd quarter. Hsbc Holdings PLC now owns 150,000 shares of the company's stock worth $3,020,000 after purchasing an additional 70,871 shares during the last quarter. Sei Investments Co. purchased a new stake in TXO Partners during the 2nd quarter worth approximately $2,126,000. Westwood Holdings Group Inc. purchased a new stake in TXO Partners during the 2nd quarter worth approximately $4,032,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in TXO Partners during the 3rd quarter worth approximately $84,000. Institutional investors own 27.44% of the company's stock.

TXO Partners Company Profile

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.