Company Overview - TXO Partners LP (TXO) is a notable stock within the Oils-Energy sector, which consists of 247 companies and is currently ranked 5 in the Zacks Sector Rank [2] - TXO is categorized under the Energy and Pipeline - Master Limited Partnerships industry, which includes 3 companies and is ranked 16 in the Zacks Industry Rank [6] Performance Analysis - TXO has achieved a year-to-date return of approximately 16.7%, significantly outperforming the average gain of 2.9% for the Oils-Energy sector [4] - Over the past 90 days, the Zacks Consensus Estimate for TXO's full-year earnings has increased by 35%, indicating improved analyst sentiment and a stronger earnings outlook [4] Comparison with Peers - Capricorn Energy PLC Unsponsored ADR (CRNCY) is another stock in the Oils-Energy sector that has outperformed, with a return of 7.9% since the beginning of the year [5] - The consensus EPS estimate for Capricorn Energy has surged by 411.8% over the past three months, and it currently holds a Zacks Rank of 2 (Buy) [5] - In contrast, the Oil and Gas - Exploration and Production - International industry, which includes Capricorn Energy, has seen a decline of 10% this year, ranking 146 [7]
Is TXO Partners LP (TXO) Outperforming Other Oils-Energy Stocks This Year?