TXO Partners FY2024 EPS Cut by Capital One Financial

TXO Partners, L.P. (NYSE:TXO) – Research analysts at Capital One Financial cut their FY2024 earnings per share estimates for shares of TXO Partners in a research note issued on Wednesday, October 16th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $0.88 for the year, down from their prior estimate of $0.98. The consensus estimate for TXO Partners’ current full-year earnings is $0.98 per share. Capital One Financial also issued estimates for TXO Partners’ Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $1.37 EPS and FY2026 earnings at $1.60 EPS.

TXO Partners (NYSE:TXO) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.10). TXO Partners had a negative net margin of 60.08% and a positive return on equity of 9.33%. The company had revenue of $57.31 million during the quarter, compared to the consensus estimate of $63.77 million.

TXO Partners Stock Down 0.4 %

Shares of TXO stock opened at $18.80 on Friday. TXO Partners has a twelve month low of $17.20 and a twelve month high of $23.56. The company has a market capitalization of $581.63 million, a price-to-earnings ratio of -3.21 and a beta of 0.05. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.26 and a current ratio of 3.27. The stock’s 50 day simple moving average is $19.05 and its 200 day simple moving average is $19.60.

TXO Partners Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 27th. Stockholders of record on Tuesday, August 20th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 12.13%. The ex-dividend date was Tuesday, August 20th. TXO Partners’s payout ratio is -38.97%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Raymond James & Associates raised its position in TXO Partners by 43.4% during the 2nd quarter. Raymond James & Associates now owns 234,488 shares of the company’s stock worth $4,727,000 after purchasing an additional 70,918 shares during the last quarter. Hsbc Holdings PLC raised its position in TXO Partners by 89.6% during the 2nd 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 last quarter. Westwood Holdings Group Inc. bought a new position in TXO Partners during the 2nd quarter worth $4,032,000. Sei Investments Co. bought a new position in TXO Partners during the 2nd quarter worth $2,126,000. Finally, American Century Companies Inc. raised its position in shares of TXO Partners by 1,127.0% in the 2nd quarter. American Century Companies Inc. now owns 1,025,906 shares of the company’s stock worth $20,682,000 after acquiring an additional 942,295 shares in the last quarter. 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.