TXO Partners(US:TXO) ZACKSยท2024-07-17 23:21Company Performance - TXO Partners LP's shares have gained 2.4% over the past month, outperforming the Oils-Energy sector's loss of 7.9% and lagging behind the S&P 500's gain of 4.43% [1] - The company's full-year Zacks Consensus Estimates project earnings of $1.63 per share and revenue of $329.46 million, indicating year-over-year changes of +21.64% for earnings and -13.46% for revenue [2] - In the latest trading session, TXO ended at $20.92, showing no change from the previous close, while the S&P 500 experienced a daily loss of 1.39% [6] Earnings Expectations - TXO's upcoming earnings disclosure is anticipated, with projected earnings per share (EPS) of $0.19, reflecting a significant 337.5% increase from the same quarter last year, and expected revenue of $63.78 million, a 5.47% increase compared to the year-ago quarter [7] - Recent changes to analyst estimates for TXO indicate a positive outlook, with revisions reflecting optimism about the company's business and profitability [8] Valuation Metrics - TXO Partners LP has a Forward P/E ratio of 12.87, which is in line with the industry average, suggesting no significant deviation in valuation compared to peers [4] - The Zacks Rank system, which evaluates stocks from 1 (Strong Buy) to 5 (Strong Sell), currently ranks TXO as 1 (Strong Buy), with a 26.95% increase in the consensus EPS estimate over the last 30 days [9] Industry Context - TXO operates within the Energy and Pipeline - Master Limited Partnerships industry, which has a Zacks Industry Rank of 102, placing it in the top 41% of over 250 industries [10]