NYSE:TXO

TXO Partners (TXO) Stock Price, News & Analysis

$18.19
-0.07 (-0.38%)
(As of 05/3/2024 08:53 PM ET)
Today's Range
$18.15
$18.38
50-Day Range
$17.98
$18.85
52-Week Range
$17.20
$23.57
Volume
57,200 shs
Average Volume
37,700 shs
Market Capitalization
$559.34 million
P/E Ratio
N/A
Dividend Yield
12.75%
Price Target
$26.00

TXO Partners MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
3.50 Rating Score
Upside/​Downside
42.9% Upside
$26.00 Price Target
Short Interest
Healthy
0.09% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.62mentions of TXO Partners in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$951,719 Sold Last Quarter
Proj. Earnings Growth
60.45%
From $1.34 to $2.15 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.

4.06 out of 5 stars

Oils/Energy Sector

70th out of 240 stocks

Crude Petroleum & Natural Gas Industry

25th out of 77 stocks

TXO stock logo

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

TXO Stock News Headlines

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TXO Partners (NYSE:TXO) Trading Up 1.7%
TXO Partners (NYSE:TXO) Stock Price Up 1.7%
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TXO Partners: 11.4% Yielder Is Worth A Look
TXO Partners LP
TXO Energy Partners price target lowered to $27 from $28 at Stifel
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
5/05/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
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
+42.9%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$-103,990,000.00
Pretax Margin
-27.31%

Debt

Sales & Book Value

Annual Sales
$380.72 million
Cash Flow
$10.11 per share
Book Value
$15.41 per share

Miscellaneous

Free Float
N/A
Market Cap
$559.34 million
Optionable
Not Optionable
Beta
-0.18
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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

TXO Stock Analysis - Frequently Asked Questions

Should I buy or sell TXO Partners stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TXO Partners in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street 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 brokers have issued 1 year price targets for TXO Partners' shares. Their TXO share price targets range from $26.00 to $26.00. On average, they expect the company's share price to reach $26.00 in the next year. This suggests a possible upside of 42.9% 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 start of the year. Since then, TXO stock has increased by 0.1% and is now trading at $18.19.
View the best growth stocks for 2024 here
.

Are investors shorting TXO Partners?

TXO Partners saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 21,100 shares, a decline of 31.0% from the March 31st total of 30,600 shares. Based on an average trading volume of 40,500 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company's stock are short sold.
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 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.72. The business 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. Shareholders of record on Friday, March 15th will be paid a dividend of $0.58 per share on Thursday, March 28th. This represents a $2.32 annualized dividend and a dividend yield of 12.75%. The ex-dividend date is Thursday, March 14th. This is a positive change 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 12.75%. 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 $19.00-$21.00 per share.

Who are TXO Partners' major shareholders?

TXO Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.23%). Insiders that own company stock include Global Endowment Management, L, Keith A Hutton and William H Adams III.
View institutional ownership trends
.

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 5/5/2024 by MarketBeat.com Staff

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