In the latest market close, TXO Partners LP (TXO) reached $18.12, with a -1.47% movement compared to the previous day. This change lagged the S&P 500's daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 0.31%, while the tech-heavy Nasdaq appreciated by 2.17%. Heading into today, shares of the company had lost 10.42% over the past month, lagging the Oils-Energy sector's loss of 4.22% and the S&P 500's gain of 2.92% in that time. The upcoming earnings release of TXO Partners LP will be of great interes ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider TXO Partners LP (TXO) . This company, which is in the Zacks Energy and Pipeline - Master Limited Partnerships industry, shows potential for another earnings beat. When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 157.21%, on ave ...

Group 1: Company Overview - TXO Partners LP is one of 248 individual stocks in the Oils-Energy sector, currently ranked 13 in the Zacks Sector Rank [2] - The company belongs to the Energy and Pipeline - Master Limited Partnerships industry, which includes 3 companies and is ranked 102 in the Zacks Industry Rank [5] Group 2: Performance Metrics - TXO Partners LP has a year-to-date performance increase of approximately 10.6%, outperforming the average gain of 5.7% in the Oils-Energy group [7] - The Zacks Consensus Estimate for TXO's full-year earnings has increased by 15.6% over the past quarter, indicating improved analyst sentiment [7] Group 3: Comparison with Peers - Western Midstream (WES) is another stock in the Oils-Energy sector that has performed well, with a year-to-date increase of 36.6% and a Zacks Rank of 2 (Buy) [4][6] - Stocks in the Energy and Pipeline - Master Limited Partnerships industry have gained about 10.5% year-to-date, showing that TXO is performing better than its industry peers [5]

Heading into today, shares of the company had gained 2.4% over the past month, outpacing the Oils-Energy sector's loss of 7.9% and lagging the S&P 500's gain of 4.43% in that time. TXO's full-year Zacks Consensus Estimates are calling for earnings of $1.63 per share and revenue of $329.46 million. These results would represent year-over-year changes of +21.64% and -13.46%, respectively. Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitali ...

TXO Partners LP (TXO) closed the most recent trading day at $21.21, moving +0.38% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.88% for the day. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 1.95%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.63 per share and revenue of $329.46 million. These totals would mark changes of +21.64% and -13.46%, respectively, from last year. The Zac ...

Group 1: Company Performance - TXO Partners LP has gained approximately 12.9% year-to-date, outperforming the average return of 4.3% for Oils-Energy companies [3] - The Zacks Consensus Estimate for TXO's full-year earnings has increased by 32.5% over the past 90 days, indicating improving analyst sentiment and a positive earnings outlook [7] - TXO Partners LP is currently ranked 1 (Strong Buy) in the Zacks Rank system, suggesting strong potential for future performance [2] Group 2: Industry Context - TXO belongs to the Energy and Pipeline - Master Limited Partnerships industry, which includes 3 individual stocks and is currently ranked 4 in the Zacks Industry Rank [8] - The Oils-Energy group, which includes TXO, is ranked 13 within the Zacks Sector Rank, indicating a competitive position among 16 different sector groups [6] - The overall Oils-Energy sector has seen an average return of 4.3% this year, while the industry of Western Midstream has moved up by 33% since the beginning of the year [5][6]

TXO Partners LP (TXO) closed the latest trading day at $21.93, indicating a +0.14% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.09%. At the same time, the Dow lost 0.1%, and the tech-heavy Nasdaq gained 0.16%. Prior to today's trading, shares of the company had gained 3.35% over the past month. This has outpaced the Oils-Energy sector's loss of 0.69% and the S&P 500's gain of 2.83% in that time. The upcoming earnings release of TXO Partners LP will be of great int ...

Operations and Market Focus - The company operates primarily in the Permian Basin and San Juan Basin, focusing on the acquisition and development of oil and natural gas reserves[86]. - The company anticipates continued volatility in crude oil and natural gas markets, which will significantly impact revenue and profitability[90]. - The company faces risks from commodity price volatility, regulatory changes, and geopolitical issues, which could materially affect operations and financial results[80]. Financial Performance - Total revenues decreased by $91.0 million, or 57%, from $158.4 million in Q1 2023 to $67.4 million in Q1 2024, primarily due to a 78% decrease in the average selling price of natural gas[110]. - Net income for Q1 2024 was $10.3 million, compared to $83.8 million in Q1 2023, reflecting a significant decline in profitability[105]. - Operating income fell to $2.7 million in Q1 2024 from $78.8 million in Q1 2023, indicating a substantial drop in operational performance[105]. Cash Flow and Distribution - Cash available for distribution increased to $22.8 million in Q1 2024 from a negative $9.1 million in Q1 2023[105]. - The company declared a quarterly cash distribution of $0.65 per unit for Q1 2024, to be paid on May 29, 2024[122]. - Net cash provided by operating activities increased to $25.2 million in Q1 2024 from $17.1 million in Q1 2023[127]. Expenses and Cost Management - Production expenses decreased by $2.2 million, or 6%, from $35.3 million in Q1 2023 to $33.1 million in Q1 2024[111]. - General and administrative expenses rose by $0.4 million, or 19%, from $2.2 million in Q1 2023 to $2.7 million in Q1 2024, primarily due to higher personnel costs[116]. - The company is focused on maintaining operational efficiency and managing costs in a challenging economic environment, particularly in light of supply chain constraints[91]. Capital Expenditures and Investments - Capital expenditures, including acquisitions, were $3.0 million in Q1 2024, down from $12.4 million in Q1 2023[123]. - The company incurred approximately $4.8 million for drilling, completion, and recompletion activities in the three months ended March 31, 2024, with a budget of $20.0 million to $28.0 million for such costs in 2024[123]. - The company has budgeted for capital expenditures of $3.0 million for the three months ended March 31, 2024, down from $12.4 million in the same period of 2023[123]. Economic Environment and Inflation - Inflation has been a major concern, with the U.S. experiencing the highest inflation rate in 40 years, affecting costs related to salaries, materials, and energy[91]. - The company is implementing strategies to mitigate inflationary pressures, particularly focusing on securing supplies of critical materials like fuel and steel[92]. Debt and Financial Ratios - Outstanding borrowings under the Credit Facility decreased to $19.0 million at March 31, 2024, from $21.0 million at December 31, 2023[121]. - The company had $19.0 million in debt outstanding and $146.0 million available under its Credit Facility as of March 31, 2024[136]. - The weighted average interest rate on Credit Facility borrowings was 8.6% for the three months ended March 31, 2024[133]. - The company is required to maintain a current ratio greater than 1.0 to 1.0 and a total net debt-to-EBITDAX ratio not greater than 3.0 to 1.0[135].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-K __________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-04321 __________________________________ TXO Partners, L.P. (Exact name of regi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-04321 TXO Partners, L.P. (Exact name of registrant as specified in its charter) Delaware 32- ...