Q4 EPS Estimates for TXO Partners Increased by Analyst

TXO Partners, L.P. (NYSE:TXO) – Research analysts at Capital One Financial boosted their Q4 2024 EPS estimates for shares of TXO Partners in a research note issued on Wednesday, January 8th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $0.28 for the quarter, up from their prior estimate of $0.27. The consensus estimate for TXO Partners’ current full-year earnings is $0.79 per share. Capital One Financial also issued estimates for TXO Partners’ Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.58 EPS and FY2026 earnings at $1.53 EPS.

TXO Partners Stock Up 3.2 %

TXO opened at $17.33 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.25. The stock’s 50-day simple moving average is $16.69. TXO Partners has a fifty-two week low of $15.22 and a fifty-two week high of $23.56. The firm has a market capitalization of $709.02 million, a price-to-earnings ratio of -2.92 and a beta of 0.15.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. American Century Companies Inc. increased its stake in TXO Partners by 1,127.0% during the 2nd quarter. American Century Companies Inc. now owns 1,025,906 shares of the company’s stock valued at $20,682,000 after buying an additional 942,295 shares during the period. Clear Street Derivatives LLC bought a new position in shares of TXO Partners in the third quarter valued at approximately $8,059,000. Pin Oak Investment Advisors Inc. increased its stake in shares of TXO Partners by 7.1% during the third quarter. Pin Oak Investment Advisors Inc. now owns 291,061 shares of the company’s stock valued at $5,757,000 after acquiring an additional 19,241 shares during the period. Westwood Holdings Group Inc. bought a new stake in TXO Partners during the second quarter worth approximately $4,032,000. Finally, Hsbc Holdings PLC lifted its position in 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. 27.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity at TXO Partners

In other TXO Partners news, Director William H. Adams III purchased 14,000 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were bought at an average price of $16.93 per share, with a total value of $237,020.00. Following the completion of the acquisition, the director now owns 92,784 shares in the company, valued at approximately $1,570,833.12. This represents a 17.77 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Keith A. Hutton acquired 60,000 shares of TXO Partners stock in a transaction dated Wednesday, December 18th. The shares were acquired at an average price of $16.04 per share, with a total value of $962,400.00. Following the completion of the transaction, the director now owns 4,100,215 shares of the company’s stock, valued at approximately $65,767,448.60. This trade represents a 1.49 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased 75,500 shares of company stock worth $1,223,690 in the last 90 days.

TXO Partners Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 15th were issued a $0.58 dividend. This is an increase from TXO Partners’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, November 15th. This represents a $2.32 annualized dividend and a dividend yield of 13.39%. TXO Partners’s dividend payout ratio (DPR) is -39.06%.

About TXO Partners

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.