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NYSE:TXO

TXO Partners (TXO) Stock Price, News & Analysis

$20.57
+0.04 (+0.19%)
(As of 06/7/2024 08:52 PM ET)
Today's Range
$20.39
$21.20
50-Day Range
$17.81
$22.84
52-Week Range
$17.20
$23.56
Volume
14,300 shs
Average Volume
85,576 shs
Market Capitalization
$636.44 million
P/E Ratio
N/A
Dividend Yield
12.64%
Price Target
$26.00

TXO Partners MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
3.50 Rating Score
Upside/​Downside
26.4% Upside
$26.00 Price Target
Short Interest
Healthy
0.12% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.20mentions of TXO Partners in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$2.58 M Sold Last Quarter
Proj. Earnings Growth
54.69%
From $1.28 to $1.98 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.

3.75 out of 5 stars

Oils/Energy Sector

80th out of 232 stocks

Crude Petroleum & Natural Gas Industry

30th out of 72 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

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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Last Earnings
5/07/2024
Ex-Dividend for 5/29 Dividend
5/17/2024
Dividend Payable
5/29/2024
Today
6/07/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
184
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
+26.4%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$-103,990,000.00
Pretax Margin
-61.27%

Debt

Sales & Book Value

Annual Sales
$289.76 million
Cash Flow
$10.44 per share
Book Value
$15.41 per share

Miscellaneous

Free Float
N/A
Market Cap
$636.39 million
Optionable
Not Optionable
Beta
0.10
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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

Should I buy or sell TXO Partners stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TXO Partners in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" TXO shares.
View TXO analyst ratings
or view top-rated stocks.

What is TXO Partners' stock price target for 2024?

2 Wall Street analysts have issued 12-month target prices for TXO Partners' shares. Their TXO share price targets range from $26.00 to $26.00. On average, they expect the company's share price to reach $26.00 in the next year. This suggests a possible upside of 26.4% from the stock's current price.
View analysts price targets for TXO
or view top-rated stocks among Wall Street analysts.

How have TXO shares performed in 2024?

TXO Partners' stock was trading at $18.18 at the start of the year. Since then, TXO shares have increased by 13.1% and is now trading at $20.57.
View the best growth stocks for 2024 here
.

Are investors shorting TXO Partners?

TXO Partners saw a increase in short interest in May. As of May 15th, there was short interest totaling 27,400 shares, an increase of 41.2% from the April 30th total of 19,400 shares. Based on an average daily volume of 56,500 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company's shares are sold short.
View TXO Partners' Short Interest
.

When is TXO Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our TXO earnings forecast
.

How were TXO Partners' earnings last quarter?

TXO Partners, L.P. (NYSE:TXO) released its quarterly earnings data on Tuesday, May, 7th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.09. The business earned $67.44 million during the quarter, compared to analysts' expectations of $65.24 million. TXO Partners had a negative net margin of 61.27% and a positive trailing twelve-month return on equity of 7.94%.

How often does TXO Partners pay dividends? What is the dividend yield for TXO Partners?

TXO Partners declared a quarterly dividend on Tuesday, May 7th. Investors of record on Monday, May 20th will be given a dividend of $0.65 per share on Wednesday, May 29th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.64%. The ex-dividend date is Friday, May 17th. This is an increase from the stock's previous quarterly dividend of $0.58.
Read our dividend analysis for TXO
.

Is TXO Partners a good dividend stock?

TXO Partners (NYSE:TXO) pays an annual dividend of $2.60 per share and currently has a dividend yield of 12.66%. TXO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TXO.

When did TXO Partners IPO?

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

Who are TXO Partners' major shareholders?

TXO Partners' stock is owned by a variety of retail and institutional investors. Top institutional investors include Energy Income Partners LLC (1.59%) and Raymond James Financial Services Advisors Inc. (0.23%). Insiders that own company stock include Global Endowment Management, L, Keith A Hutton, Luther King Jr 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 6/8/2024 by MarketBeat.com Staff

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