Should I buy or sell TXO Partners stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TXO Partners in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" TXO shares. View TXO analyst ratings or view top-rated stocks .

What is TXO Partners' stock price target for 2024?

2 Wall Street analysts have issued 12 month price objectives for TXO Partners' shares. Their TXO share price targets range from $26.00 to $26.00. On average, they predict the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 42.6% from the stock's current price. View analysts price targets for TXO or view top-rated stocks among Wall Street analysts .

How have TXO shares performed in 2024?

TXO Partners' stock was trading at $18.18 at the beginning of 2024. Since then, TXO stock has increased by 0.3% and is now trading at $18.23. View the best growth stocks for 2024 here .

Are investors shorting TXO Partners?

TXO Partners saw a increase in short interest in March. As of March 31st, there was short interest totaling 30,600 shares, an increase of 52.2% from the March 15th total of 20,100 shares. Based on an average daily trading volume, of 40,800 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the company's stock are sold short. View TXO Partners' Short Interest .

When is TXO Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our TXO earnings forecast .

How were TXO Partners' earnings last quarter?

TXO Partners, L.P. (NYSE:TXO) released its quarterly earnings data on Tuesday, March, 5th. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.26 by $0.72. The firm had revenue of $91.97 million for the quarter, compared to the consensus estimate of $70.76 million. TXO Partners had a negative net margin of 27.31% and a positive trailing twelve-month return on equity of 6.89%.

How often does TXO Partners pay dividends? What is the dividend yield for TXO Partners?

TXO Partners announced a quarterly dividend on Tuesday, March 5th. Stockholders of record on Friday, March 15th will be given a dividend of $0.58 per share on Thursday, March 28th. This represents a $2.32 annualized dividend and a yield of 12.73%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.52. Read our dividend analysis for TXO .

Is TXO Partners a good dividend stock?

TXO Partners (NYSE:TXO) pays an annual dividend of $2.32 per share and currently has a dividend yield of 12.77%. TXO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for TXO .

When did TXO Partners IPO?

TXO Partners (TXO) raised $100 million in an IPO on Friday, January 27th 2023. The company issued 5,000,000 shares at a price of $19.00-$21.00 per share.

How do I buy shares of TXO Partners?

Shares of TXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:TXO

TXO Partners (TXO) Stock Price, News & Analysis

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Free TXO Stock Alerts

$18.23

+0.05 (+0.28%)

(As of 08:00 PM ET)

Compare

Today's Range: $18.07
▼
$18.30
50-Day Range: $17.50
▼
$18.40
52-Week Range: $17.20
▼
$23.57

Volume: 21,700 shs
Average Volume: 39,287 shs
Market Capitalization: $560.57 million

P/E Ratio: N/A
Dividend Yield: 12.73%
Price Target: $26.00

Get TXO Partners alerts:

TXO Partners MarketRank™ Stock Analysis

Analyst Rating: Strong Buy
3.50 Rating Score
Upside/Downside: 42.6% Upside
$26.00 Price Target
Short Interest: Healthy
0.14% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.68
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 54.47%
From $1.23 to $1.90 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.56 out of 5 stars

Oils/Energy Sector

83rd out of 227 stocks

Crude Petroleum & Natural Gas Industry

32nd out of 71 stocks

3.8

Analyst's Opinion

Consensus Rating
TXO Partners has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
TXO Partners has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.14% of the float of TXO Partners has been sold short.
Short Interest Ratio / Days to Cover
TXO Partners has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TXO Partners has recently increased by 52.24%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
TXO Partners is a leading dividend payer. It pays a dividend yield of 12.77%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TXO Partners has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on EPS estimates, TXO Partners will have a dividend payout ratio of 122.11% in the coming year. This indicates that TXO Partners may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TXO.

3.7

News and Social Media Coverage

News Sentiment
TXO Partners has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for TXO Partners this week, compared to 1 article on an average week.
Search Interest
11 people have searched for TXO on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.
MarketBeat Follows
2 people have added TXO Partners to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TXO Partners insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 27.44% of the stock of TXO Partners is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for TXO Partners are expected to grow by 54.47% in the coming year, from $1.23 to $1.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TXO Partners is -5.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of TXO Partners is -5.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
TXO Partners has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About TXO Partners Stock (NYSE:TXO)

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. The company was formerly known as TXO Energy Partners, L.P. and changed its name to TXO Partners, L.P. in May 2023. TXO Partners, L.P. was incorporated in 2012 and is based in Fort Worth, Texas.

TXO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TXO Stock News Headlines

April 17, 2024 | finance.yahoo.com

TXO Partners, L.P.'s (NYSE:TXO) top owners are retail investors with 43% stake, while 28% is held by insiders

April 16, 2024 | insidermonkey.com

5 Dividend Stocks with Over 9% Yield According to Analysts

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 9, 2024 | markets.businessinsider.com

Stifel Nicolaus Sticks to Their Buy Rating for TXO Energy Partners LP (TXO)

March 18, 2024 | msn.com

Record-breaking crowd and a playoff atmosphere: The perfect storm for PWHL’s Takeover of Detroit

March 7, 2024 | finance.yahoo.com

TXO Partners Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

March 6, 2024 | msn.com

TXO Energy Partners raises dividend by 11.5% to $0.58

March 5, 2024 | businesswire.com

TXO Partners Declares a Fourth Quarter 2023 Distribution of $0.58 on Common Units; Files Annual Report on Form 10-K

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

February 23, 2024 | finance.yahoo.com

Instagram launches its marketplace to connect brands and creators in 8 new countries

January 28, 2024 | finance.yahoo.com

TXO Partners' (NYSE:TXO) Returns On Capital Are Heading Higher

January 9, 2024 | msn.com

Law firm TLT advises on sale of telecoms business

January 4, 2024 | seekingalpha.com

TXO TXO Partners L.P.

January 4, 2024 | finance.yahoo.com

Is TXO Partners LP (TXO) Outperforming Other Oils-Energy Stocks This Year?

January 4, 2024 | finance.yahoo.com

With A 9.9% Return On Equity, Is TXO Partners L.P. (NYSE:TXO) A Quality Stock?

December 25, 2023 | seekingalpha.com

TXO Partners: 11.4% Yielder Is Worth A Look

December 9, 2023 | morningstar.com

TXO Partners LP

November 20, 2023 | realmoney.thestreet.com

TXO Energy Partners price target lowered to $27 from $28 at Stifel

November 17, 2023 | finance.yahoo.com

CEO & Chairman of the Board of TXO Energy GP of TXO Partners Picks Up 6.7% More Stock

November 17, 2023 | finance.yahoo.com

Insider Stock Buying Reaches US$8.35m On TXO Partners

November 15, 2023 | finance.yahoo.com

Global Endowment Management, LP Adjusts Stake in TXO Partners LP

November 15, 2023 | finance.yahoo.com

KING LUTHER CAPITAL MANAGEMENT CORP Bolsters Portfolio with TXO Partners LP Stake

November 10, 2023 | finance.yahoo.com

TXO Partners LP (TXO) Loses -7.22% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

November 8, 2023 | msn.com

TXO Energy Partners raises dividend by 8.3% to $0.52

November 7, 2023 | finance.yahoo.com

TXO Partners Declares a Third Quarter 2023 Distribution of $0.52 on Common Units; Files Quarterly Report on Form 10-Q

November 2, 2023 | finance.yahoo.com

How Much Upside is Left in TXO Partners LP (TXO)? Wall Street Analysts Think 58.91%

October 27, 2023 | forbes.com

Amex Transfer Partners

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NYSE:TXO
CUSIP: N/A
CIK: 1559432
Web: www.txoenergy.com
Phone: 817-334-7800
Fax: N/A
Employees: 184
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $26.00
High Stock Price Target: $26.00
Low Stock Price Target: $26.00
Potential Upside/Downside: +42.6%
Consensus Rating: Strong Buy
Rating Score (0-4): 3.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.32)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 14.82
P/E Growth: N/A
Net Income: $-103,990,000.00
Net Margins: -27.31%
Pretax Margin: -27.31%
Return on Equity: 6.89%
Return on Assets: 5.16%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.41
Quick Ratio: 1.41

Sales & Book Value

Annual Sales: $380.72 million
Price / Sales: 1.47
Cash Flow: $10.18 per share
Price / Cash Flow: 1.79
Book Value: $15.41 per share
Price / Book: 1.18

Miscellaneous

Outstanding Shares: 30,750,000
Free Float: N/A
Market Cap: $560.57 million
Optionable: Not Optionable
Beta: -0.11

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Key Executives

Mr. Bob R. Simpson (Age 75)
CEO & Chairman of the Board of TXO Energy GP, LLC
Mr. Brent W. Clum
President of Business Operations, CFO & Director of TXO Energy GP, LLC
Mr. Scott T. Agosta (Age 59)
Chief Accounting Officer of TXO Energy GP, LLC
Comp: $510.93k
Mr. Keith A. Hutton (Age 65)
President of Production & Development and Director of TXO Energy GP, LLC
Mr. Gary D. Simpson (Age 60)
Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TXO Stock Analysis - Frequently Asked Questions

Should I buy or sell TXO Partners stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TXO Partners in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" TXO shares.
View TXO analyst ratings or view top-rated stocks.
What is TXO Partners' stock price target for 2024?: 2 Wall Street analysts have issued 12 month price objectives for TXO Partners' shares. Their TXO share price targets range from $26.00 to $26.00. On average, they predict the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 42.6% from the stock's current price.
View analysts price targets for TXO or view top-rated stocks among Wall Street analysts.
How have TXO shares performed in 2024?: TXO Partners' stock was trading at $18.18 at the beginning of 2024. Since then, TXO stock has increased by 0.3% and is now trading at $18.23.
View the best growth stocks for 2024 here.
Are investors shorting TXO Partners?: TXO Partners saw a increase in short interest in March. As of March 31st, there was short interest totaling 30,600 shares, an increase of 52.2% from the March 15th total of 20,100 shares. Based on an average daily trading volume, of 40,800 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the company's stock are sold short.
View TXO Partners' Short Interest.
When is TXO Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our TXO earnings forecast.
How were TXO Partners' earnings last quarter?: TXO Partners, L.P. (NYSE:TXO) released its quarterly earnings data on Tuesday, March, 5th. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.26 by $0.72. The firm had revenue of $91.97 million for the quarter, compared to the consensus estimate of $70.76 million. TXO Partners had a negative net margin of 27.31% and a positive trailing twelve-month return on equity of 6.89%.

How often does TXO Partners pay dividends? What is the dividend yield for TXO Partners?: TXO Partners announced a quarterly dividend on Tuesday, March 5th. Stockholders of record on Friday, March 15th will be given a dividend of $0.58 per share on Thursday, March 28th. This represents a $2.32 annualized dividend and a yield of 12.73%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.52.
Read our dividend analysis for TXO.
Is TXO Partners a good dividend stock?: TXO Partners (NYSE:TXO) pays an annual dividend of $2.32 per share and currently has a dividend yield of 12.77%. TXO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TXO.
When did TXO Partners IPO?: TXO Partners (TXO) raised $100 million in an IPO on Friday, January 27th 2023. The company issued 5,000,000 shares at a price of $19.00-$21.00 per share.
How do I buy shares of TXO Partners?: Shares of TXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TXO) was last updated on 4/19/2024 by MarketBeat.com Staff

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TXO Partners (TXO) Stock Price, News & Analysis

TXO Partners MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About TXO Partners Stock (NYSE:TXO)

TXO Stock Price History

TXO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TXO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™