TXO Partners L.P. (TXO)

NYSE: TXO · IEX Real-Time Price · USD
18.18
+0.18 (1.00%)
Dec 29, 2023, 4:00 PM EST - Market closed
1.00%
Market Cap 559.04M
Revenue (ttm) 331.10M
Net Income (ttm) 67.46M
Shares Out 30.75M
EPS (ttm) 2.19
PE Ratio 8.30
Forward PE 9.02
Dividend $2.08 (11.44%)
Ex-Dividend Date Nov 16, 2023
Volume 62,380
Open 17.75
Previous Close 18.00
Day's Range 17.75 - 18.20
52-Week Range 17.23 - 25.00
Beta n/a
Analysts Strong Buy
Price Target 30.67 (+68.7%)
Earnings Date Feb 7, 2024

About TXO

TXO Partners L.P. 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]

Industry Oil & Gas E&P
Sector Energy
IPO Date Jan 27, 2023
Employees 180
Stock Exchange NYSE
Ticker Symbol TXO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TXO stock is "Strong Buy." The 12-month stock price forecast is $30.67, which is an increase of 68.70% from the latest price.

Price Target
$30.67
(68.70% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

7 weeks ago - Business Wire

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...

5 months ago - Business Wire

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...

8 months ago - Business Wire

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 ...

9 months ago - Business Wire

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...

11 months ago - Business Wire

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.

1 year ago - Market Watch

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...

1 year ago - Business Wire

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 ...

1 year ago - Market Watch

TXO Energy Partners LP Announces IPO, Sets Price Range

TXO Energy Partners LP has announced it plans to sell five million units, marking the MLP industry's first IPO since 2019.

1 year ago - ETF Trends

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...

1 year ago - Market Watch

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...

1 year ago - Business Wire

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, ...

1 year ago - Market Watch

TXO Energy Partners IPO Registration Document (S-1)

TXO Energy Partners has filed to go public with an IPO on the New York Stock Exchange (NYSE).

1 year ago - SEC