Capital One Financial Estimates TXO Partners Q4 Earnings

TXO Partners, L.P. (NYSE:TXO) – Analysts at Capital One Financial dropped their Q4 2024 earnings estimates for TXO Partners in a report issued on Wednesday, January 22nd. 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 previous forecast of $0.28. The consensus estimate for TXO Partners’ current full-year earnings is $0.76 per share. Capital One Financial also issued estimates for TXO Partners’ Q1 2025 earnings at $0.34 EPS, Q2 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $1.46 EPS and FY2026 earnings at $1.41 EPS.

TXO Partners (NYSE:TXO) last announced its earnings results on Tuesday, November 5th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.06). TXO Partners had a negative net margin of 63.22% and a positive return on equity of 8.05%. The business had revenue of $68.73 million for the quarter, compared to the consensus estimate of $64.60 million.

TXO Partners Price Performance

TXO stock opened at $19.15 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.02 and a quick ratio of 1.02. The company’s 50-day moving average is $17.65 and its 200-day moving average is $17.83. The stock has a market capitalization of $783.28 million, a PE ratio of -3.22 and a beta of 0.15. TXO Partners has a 1 year low of $15.22 and a 1 year high of $23.56.

TXO Partners Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 15th were given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 12.12%. This is a positive change from TXO Partners’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend was Friday, November 15th. TXO Partners’s dividend payout ratio is presently -39.06%.

Insider Buying and Selling

In related news, Director William H. Adams III acquired 14,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The stock was acquired at an average price of $16.93 per share, for a total transaction of $237,020.00. Following the completion of the acquisition, the director now owns 92,784 shares of the company’s stock, valued at approximately $1,570,833.12. This represents a 17.77 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Keith A. Hutton purchased 60,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was bought at an average cost of $16.04 per share, for a total transaction of $962,400.00. Following the acquisition, the director now directly owns 4,100,215 shares in the company, valued at $65,767,448.60. This trade represents a 1.49 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 75,500 shares of company stock worth $1,223,690 in the last ninety days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Clear Street Derivatives LLC purchased a new position in TXO Partners during the third quarter valued at approximately $8,059,000. Pin Oak Investment Advisors Inc. grew its position in shares of TXO Partners by 7.1% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 291,061 shares of the company’s stock valued at $5,757,000 after purchasing an additional 19,241 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of TXO Partners by 89.6% in the second quarter. Hsbc Holdings PLC now owns 150,000 shares of the company’s stock worth $3,020,000 after purchasing an additional 70,871 shares during the period. Sei Investments Co. purchased a new stake in shares of TXO Partners in the second quarter worth $2,126,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in TXO Partners by 28.2% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 50,000 shares of the company’s stock valued at $842,000 after buying an additional 11,000 shares during the period. 27.44% of the stock is owned by institutional investors.

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.