TXO Partners Q4 EPS Reduced by Capital One Financial

TXO Partners, L.P. (NYSE:TXO) – Equities research analysts at Capital One Financial dropped their Q4 2024 earnings per share estimates for TXO Partners in a research note issued 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 forecast 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 Trading Down 1.1 %

NYSE:TXO opened at $19.15 on Friday. The company has a market cap of $783.28 million, a PE ratio of -3.22 and a beta of 0.15. The business’s 50 day moving average is $17.65 and its two-hundred day moving average is $17.83. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.25. TXO Partners has a 52 week low of $15.22 and a 52 week high of $23.56.

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

TXO Partners Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 15th were given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 12.12%. This is a boost from TXO Partners’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, November 15th. TXO Partners’s dividend payout ratio is presently -39.06%.

Insider Buying and Selling

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

Institutional Investors Weigh In On TXO Partners

Hedge funds have recently made changes to their positions in the company. Childress Capital Advisors LLC purchased a new stake in shares of TXO Partners in the fourth quarter valued at $423,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in TXO Partners by 28.2% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 50,000 shares of the company’s stock worth $842,000 after acquiring an additional 11,000 shares during the period. Merit Financial Group LLC acquired a new position in shares of TXO Partners in the 4th quarter valued at about $505,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of TXO Partners by 109.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,916 shares of the company’s stock worth $150,000 after purchasing an additional 4,664 shares in the last quarter. Finally, CWA Asset Management Group LLC acquired a new stake in shares of TXO Partners during the fourth quarter worth approximately $654,000. Hedge funds and other institutional investors 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.