TXO Partners (NYSE:TXO), Inc. is an independent upstream oil and gas company focused on the exploration, development and production of unconventional resource plays primarily within the Williston Basin. The company holds a diversified portfolio of leasehold interests and mineral acres across key areas of North Dakota and eastern Montana. Through a combination of horizontal drilling and precision completion techniques, TXO seeks to optimize recovery from the Bakken and Three Forks formations.
In addition to drilling and completion operations, TXO Partners develops and operates midstream infrastructure that supports gathering, processing and transportation of produced hydrocarbons. The company’s integrated approach includes water handling and disposal systems designed to reduce operating costs and environmental impact, as well as condensate stabilization and crude oil sales arrangements that capture value at multiple points along the supply chain.
Headquartered in Midland, Texas, with a regional office in Williston, North Dakota, TXO Partners leverages local expertise and long-standing industry relationships to identify acreage acquisition and joint-venture opportunities. The company’s strategic footprint emphasizes contiguous acreage blocks to maximize operational efficiency, while disciplined capital allocation and drilling-rig scheduling are used to sustain production growth and cash flow.
Formed in 2018 as a privately held partnership and becoming a publicly traded corporation in mid-2021, TXO Partners is led by a management team with decades of combined upstream experience. Its leadership, which includes former operating executives from major and independent exploration and production firms, emphasizes execution excellence, cost control and a commitment to safe, environmentally responsible operations. Through this seasoned management group, TXO aims to deliver consistent, long-term value for its shareholders.
