TXO Partners FY2024 EPS Reduced by Capital One Financial

TXO Partners, L.P. (NYSE:TXO) – Capital One Financial reduced their FY2024 earnings per share estimates for TXO Partners in a note issued to investors on Wednesday, October 16th. Capital One Financial analyst P. Johnston now anticipates 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 announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.09 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $63.77 million.

TXO Partners Stock Down 0.4 %

Shares of NYSE:TXO opened at $18.80 on Friday. The stock’s 50-day moving average price is $19.05 and its 200-day moving average price is $19.60. TXO Partners has a 12-month low of $17.20 and a 12-month high of $23.56. The stock has a market capitalization of $581.63 million, a P/E ratio of -3.21 and a beta of 0.05. The company has a current ratio of 3.27, a quick ratio of 3.26 and a debt-to-equity ratio of 0.01.

TXO Partners Cuts Dividend

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

Institutional Trading of TXO Partners

Institutional investors have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of TXO Partners during the third quarter worth about $84,000. Silverleafe Capital Partners LLC purchased a new stake in shares of TXO Partners during the second quarter worth about $685,000. Sei Investments Co. purchased a new stake in shares of TXO Partners during the second quarter worth about $2,126,000. Hsbc Holdings PLC boosted its holdings in shares of TXO Partners by 89.6% during 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. Finally, Westwood Holdings Group Inc. purchased a new stake in shares of TXO Partners during the second quarter worth about $4,032,000. 27.44% of the stock is currently owned by hedge funds and other 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.