TXO Partners Q4 EPS Forecast Raised by Capital One Financial

TXO Partners, L.P. (NYSE:TXO) – Equities research analysts at Capital One Financial lifted their Q4 2024 earnings estimates for TXO Partners in a report issued on Wednesday, January 8th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings of $0.28 per share for the quarter, up from their previous 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 Price Performance

Shares of TXO opened at $17.33 on Monday. TXO Partners has a one year low of $15.22 and a one year high of $23.56. The firm has a market cap of $709.02 million, a P/E ratio of -2.92 and a beta of 0.15. The company has a 50-day moving average price of $16.69. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.02 and a current ratio of 1.02.

Hedge Funds Weigh In On TXO Partners

A number of hedge funds have recently added to or reduced their stakes in TXO. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of TXO Partners in the third quarter valued at approximately $84,000. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in TXO Partners in the 3rd quarter valued at $559,000. PFG Investments LLC bought a new position in TXO Partners during the 3rd quarter valued at $639,000. CWA Asset Management Group LLC purchased a new position in TXO Partners during the 4th quarter worth $654,000. Finally, Glenmede Trust Co. NA grew its stake in shares of TXO Partners by 13.9% in the 3rd quarter. Glenmede Trust Co. NA now owns 47,678 shares of the company’s stock worth $943,000 after acquiring an additional 5,831 shares in the last quarter. Institutional investors and hedge funds own 27.44% of the company’s stock.

Insider Transactions at TXO Partners

In other TXO Partners news, Director William H. Adams III acquired 14,000 shares of TXO Partners stock in a transaction dated Monday, December 30th. The stock was purchased 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 of the company’s stock, valued at $1,570,833.12. This represents a 17.77 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Keith A. Hutton bought 60,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average price of $16.04 per share, for a total transaction of $962,400.00. Following the acquisition, the director now directly owns 4,100,215 shares in the company, valued at $65,767,448.60. The trade was a 1.49 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 75,500 shares of company stock valued at $1,223,690 over the last ninety days.

TXO Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 15th were issued a dividend of $0.58 per share. This is an increase from TXO Partners’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.32 annualized dividend and a dividend yield of 13.39%. TXO Partners’s payout ratio is currently -39.06%.

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.