Here's Why TXO Partners LP (TXO) Fell More Than Broader Market

Company Performance - TXO Partners LP (TXO) closed at $15.20, reflecting a -1.36% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.37% [1] - The stock has increased by 0.46% over the past month, which is below the Oils-Energy sector's gain of 3.65% and the S&P 500's gain of 2.68% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of -$0.02, indicating a 122.22% decline compared to the same quarter last year [2] - Revenue is anticipated to be $81.09 million, representing a 41.49% increase from the prior-year quarter [2] Full-Year Estimates - Full-year Zacks Consensus Estimates project earnings of $0.77 per share and revenue of $372.59 million, reflecting year-over-year increases of +18.46% and +31.75%, respectively [3] Analyst Estimates and Outlook - Recent adjustments to analyst estimates for TXO indicate evolving short-term business trends, with positive revisions suggesting a favorable outlook on business health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks TXO as 5 (Strong Sell), with the consensus EPS estimate decreasing by 7.23% over the last 30 days [6] Valuation Metrics - TXO has a Forward P/E ratio of 20.01, which is a premium compared to the industry average Forward P/E of 13.22 [7] - The Energy and Pipeline - Master Limited Partnerships industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 232, placing it in the bottom 7% of over 250 industries [7]