TXO Partners (TXO) to Release Earnings on Thursday

TXO Partners (NYSE:TXO - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.36 per share and revenue of $82.00 million for the quarter.

TXO Partners (NYSE:TXO - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.12). The company had revenue of $84.33 million for 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%. On average, analysts expect TXO Partners to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

TXO Partners Price Performance

NYSE TXO traded up $0.19 on Friday, reaching $16.99. The company had a trading volume of 69,333 shares, compared to its average volume of 101,240. The firm's 50 day moving average price is $18.17 and its 200 day moving average price is $18.00. TXO Partners has a 12 month low of $15.22 and a 12 month high of $23.56. The stock has a market capitalization of $699.44 million, a PE ratio of -2.86 and a beta of 0.17. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 16th will be issued a $0.61 dividend. The ex-dividend date is Friday, May 16th. This represents a $2.44 annualized dividend and a dividend yield of 14.36%. TXO Partners's dividend payout ratio (DPR) is 580.95%.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus initiated coverage on TXO Partners in a report on Wednesday, April 23rd. They set a "buy" rating and a $20.00 price target for the company.

Insider Buying and Selling

In other news, CEO Gary D. Simpson sold 31,517 shares of the business'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 sale, the chief executive officer now directly owns 408,053 shares in the company, valued at $7,785,651.24. The trade was a 7.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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.