TXO Partners, L.P. (NYSE:TXO – Free Report) – Equities research analysts at Capital One Financial reduced their Q1 2025 earnings per share estimates for shares of TXO Partners in a report issued on Tuesday, March 25th. Capital One Financial analyst P. Johnston now expects that the company will post earnings of $0.27 per share for the quarter, down from their prior estimate of $0.34. The consensus estimate for TXO Partners’ current full-year earnings is $1.02 per share. Capital One Financial also issued estimates for TXO Partners’ Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.31 EPS and Q4 2025 earnings at $0.31 EPS.
TXO Partners Price Performance
TXO stock opened at $19.36 on Wednesday. The stock has a market cap of $797.01 million, a PE ratio of -3.26 and a beta of 0.13. TXO Partners has a 12 month low of $15.22 and a 12 month high of $23.56. The company has a 50-day moving average price of $19.27 and a 200 day moving average price of $18.04. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.25.
Hedge Funds Weigh In On TXO Partners
A number of institutional investors have recently modified their holdings of TXO. Glenmede Trust Co. NA grew its stake in TXO Partners by 13.9% in the third quarter. Glenmede Trust Co. NA now owns 47,678 shares of the company’s stock worth $943,000 after purchasing an additional 5,831 shares in the last quarter. Pin Oak Investment Advisors Inc. lifted its holdings in shares of TXO Partners by 7.1% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 291,061 shares of the company’s stock worth $5,757,000 after buying an additional 19,241 shares during the period. Clear Street Derivatives LLC bought a new position in shares of TXO Partners during the 3rd quarter worth $8,059,000. CWA Asset Management Group LLC purchased a new position in shares of TXO Partners during the fourth quarter valued at $654,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of 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 in the last quarter. 27.44% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In related news, CFO Brent W. Clum sold 7,702 shares of TXO Partners stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $18.59, for a total transaction of $143,180.18. Following the completion of the sale, the chief financial officer now owns 470,337 shares in the company, valued at $8,743,564.83. This trade represents a 1.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Scott T. Agosta sold 5,775 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $18.59, for a total transaction of $107,357.25. Following the completion of the sale, the chief accounting officer now directly owns 159,498 shares of the company’s stock, valued at approximately $2,965,067.82. This trade represents a 3.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
TXO Partners Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 14th were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 12.60%. The ex-dividend date was Friday, March 14th. This is a positive change from TXO Partners’s previous quarterly dividend of $0.58. TXO Partners’s payout ratio is 353.62%.
About TXO Partners
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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