Capital One Financial Predicts TXO Partners Q4 Earnings

TXO Partners, L.P. (NYSE:TXO) – Equities research analysts at Capital One Financial cut their Q4 2024 EPS estimates for TXO Partners in a research report issued to clients and investors on Wednesday, January 22nd. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $0.27 per share for the quarter, down from their prior estimate of $0.28. The consensus estimate for TXO Partners’ current full-year earnings is $0.76 per share. Capital One Financial also issued estimates for TXO Partners’ Q1 2025 earnings at $0.34 EPS, Q2 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $1.46 EPS and FY2026 earnings at $1.41 EPS.

TXO Partners (NYSE:TXO) last announced its earnings results on Tuesday, November 5th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.06). TXO Partners had a positive return on equity of 8.05% and a negative net margin of 63.22%. The business had revenue of $68.73 million for the quarter, compared to the consensus estimate of $64.60 million.

TXO Partners Price Performance

TXO Partners stock opened at $19.15 on Friday. The firm has a market cap of $783.28 million, a PE ratio of -3.22 and a beta of 0.15. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.02 and a quick ratio of 1.02. The stock’s fifty day moving average price is $17.65 and its two-hundred day moving average price is $17.83. TXO Partners has a one year low of $15.22 and a one year high of $23.56.

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 paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 12.12%. The ex-dividend date of this dividend was Friday, November 15th. This is an increase from TXO Partners’s previous quarterly dividend of $0.57. TXO Partners’s payout ratio is -39.06%.

Insider Buying and Selling

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

Hedge Funds Weigh In On TXO Partners

A number of institutional investors and hedge funds have recently bought and sold shares of TXO. Clear Street Derivatives LLC bought a new stake in shares of TXO Partners during the third quarter worth about $8,059,000. Sei Investments Co. bought a new stake in TXO Partners during the 2nd quarter worth approximately $2,126,000. Hsbc Holdings PLC increased its position in TXO Partners by 89.6% in the 2nd quarter. Hsbc Holdings PLC now owns 150,000 shares of the company’s stock valued at $3,020,000 after acquiring an additional 70,871 shares during the period. CWA Asset Management Group LLC bought a new position in shares of TXO Partners during the fourth quarter valued at $654,000. Finally, PFG Investments LLC acquired a new position in shares of TXO Partners during the third quarter worth $639,000. Institutional investors and hedge funds own 27.44% of the company’s stock.

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.