TXO Partners, L.P. (NYSE:TXO - Free Report) - Equities research analysts at Capital One Financial reduced their Q2 2025 earnings estimates for shares of TXO Partners in a research note issued to investors on Wednesday, May 14th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $0.10 per share for the quarter, down from their previous forecast of $0.11. The consensus estimate for TXO Partners' current full-year earnings is $1.02 per share.
TXO Partners (NYSE:TXO - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.12). The firm had revenue of $84.33 million during the quarter, compared to the consensus estimate of $82.00 million. TXO Partners had a positive return on equity of 8.05% and a negative net margin of 63.22%.
Separately, Stifel Nicolaus began coverage on TXO Partners in a research report on Wednesday, April 23rd. They issued a "buy" rating and a $20.00 target price on the stock.
Read Our Latest Research Report on TXO Partners
TXO Partners Stock Performance
Shares of TXO Partners stock remained flat at $15.20 during trading on Friday. 325,431 shares of the company traded hands, compared to its average volume of 122,255. TXO Partners has a 52 week low of $14.85 and a 52 week high of $22.70. The firm has a market capitalization of $628.79 million, a P/E ratio of -2.56 and a beta of 0.17. The business's 50 day moving average price is $17.44 and its two-hundred day moving average price is $18.03. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.02 and a quick ratio of 1.02.
TXO Partners Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 16th will be given a dividend of $0.61 per share. The ex-dividend date is Friday, May 16th. This represents a $2.44 dividend on an annualized basis and a yield of 16.05%. TXO Partners's payout ratio is presently 580.95%.
Insiders Place Their Bets
In related news, CEO Gary D. Simpson sold 31,517 shares of the firm's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $19.08, for a total value of $601,344.36. Following the completion of the sale, the chief executive officer now owns 408,053 shares in the company, valued at $7,785,651.24. This trade represents a 7.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Bob R. Simpson bought 2,250,000 shares of TXO Partners stock in a transaction that occurred on Thursday, May 15th. The shares were acquired at an average price of $15.00 per share, for a total transaction of $33,750,000.00. Following the completion of the transaction, the director now directly owns 6,750,000 shares of the company's stock, valued at $101,250,000. This trade represents a 50.00% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 3,473,000 shares of company stock valued at $52,095,540 over the last 90 days.
Institutional Trading of TXO Partners
A number of hedge funds have recently made changes to their positions in TXO. Wilmington Savings Fund Society FSB acquired a new stake in shares of TXO Partners during the fourth quarter worth $72,000. CWM LLC bought a new position in TXO Partners in the first quarter worth about $77,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in TXO Partners by 109.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,916 shares of the company's stock valued at $150,000 after acquiring an additional 4,664 shares during the period. Cambridge Investment Research Advisors Inc. bought a new position in shares of TXO Partners during the first quarter valued at approximately $216,000. Finally, Atria Wealth Solutions Inc. bought a new position in shares of TXO Partners during the first quarter valued at approximately $230,000. Institutional investors and hedge funds own 27.44% of the company's stock.
About TXO Partners
(
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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.
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