TXO Partners, L.P. (NYSE:TXO – Free Report) – Research analysts at Capital One Financial reduced their FY2025 earnings per share estimates for shares of TXO Partners in a report issued on Tuesday, March 25th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $1.18 per share for the year, down from their prior forecast of $1.46. The consensus estimate for TXO Partners’ current full-year earnings is $1.02 per share. Capital One Financial also issued estimates for TXO Partners’ FY2026 earnings at $1.11 EPS.
TXO Partners (NYSE:TXO – Get Free Report) last issued its earnings results on Tuesday, March 4th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.13). The firm had revenue of $83.68 million during the quarter, compared to the consensus estimate of $83.68 million. TXO Partners had a negative net margin of 63.22% and a positive return on equity of 8.05%.
TXO Partners Price Performance
TXO Partners Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 14th were given a dividend of $0.61 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 12.60%. This is a positive change from TXO Partners’s previous quarterly dividend of $0.58. TXO Partners’s dividend payout ratio (DPR) is currently 353.62%.
Insider Activity
In related news, Director William H. Adams III acquired 14,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average cost of $16.93 per share, for a total transaction of $237,020.00. Following the completion of the acquisition, the director now directly owns 92,784 shares in the company, valued at approximately $1,570,833.12. The trade was a 17.77 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Scott T. Agosta sold 5,775 shares of the business’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $18.59, for a total transaction of $107,357.25. Following the completion of the sale, the chief accounting officer now directly owns 159,498 shares in the company, valued at $2,965,067.82. This represents a 3.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. CIBC Private Wealth Group LLC boosted its position in TXO Partners by 41.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,059,828 shares of the company’s stock worth $17,795,000 after acquiring an additional 313,049 shares during the last quarter. Clear Street Derivatives LLC acquired a new position in TXO Partners during the third quarter worth $8,059,000. Pin Oak Investment Advisors Inc. increased its stake in TXO Partners by 0.3% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 291,882 shares of the company’s stock valued at $4,915,000 after buying an additional 821 shares during the last quarter. Raymond James Financial Inc. bought a new stake in TXO Partners during the 4th quarter worth about $4,609,000. Finally, Sei Investments Co. boosted its stake in shares of TXO Partners by 4.2% during the 4th quarter. Sei Investments Co. now owns 123,094 shares of the company’s stock worth $2,073,000 after buying an additional 5,000 shares during the last quarter. 27.44% of the stock is currently owned by institutional investors.
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.
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