Capital One Financial Estimates TXO Partners Q4 Earnings

TXO Partners, L.P. (NYSE:TXO) – Stock 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 expects that the company will post earnings of $0.27 per share for the quarter, down from their prior estimate 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 (NYSE:TXO) last released its earnings results on Tuesday, November 5th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.06). TXO Partners had a positive return on equity of 8.05% and a negative net margin of 63.22%. The company had revenue of $68.73 million during the quarter, compared to the consensus estimate of $64.60 million.

TXO Partners Stock Up 1.1 %

Shares of NYSE:TXO opened at $19.40 on Friday. The stock has a market capitalization of $793.45 million, a price-to-earnings ratio of -3.27 and a beta of 0.15. The company’s fifty day moving average is $17.53 and its two-hundred day moving average is $17.84. TXO Partners has a 1-year low of $15.22 and a 1-year high of $23.56. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.02 and a current ratio of 1.02.

TXO Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 15th were given a $0.58 dividend. The ex-dividend date of this dividend was Friday, November 15th. This is an increase from TXO Partners’s previous quarterly dividend of $0.57. This represents a $2.32 annualized dividend and a yield of 11.96%. TXO Partners’s dividend payout ratio (DPR) is currently -39.06%.

Insider Transactions at TXO Partners

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

Institutional Investors Weigh In On TXO Partners

Institutional investors and hedge funds have recently modified their holdings of the stock. Clear Street Derivatives LLC purchased a new stake in shares of TXO Partners in the 3rd quarter valued at approximately $8,059,000. Sei Investments Co. acquired a new position in TXO Partners in the 2nd quarter valued at approximately $2,126,000. Hsbc Holdings PLC boosted its stake in shares of TXO Partners by 89.6% during the 2nd quarter. Hsbc Holdings PLC now owns 150,000 shares of the company’s stock valued at $3,020,000 after buying an additional 70,871 shares during the period. CWA Asset Management Group LLC purchased a new position in shares of TXO Partners during the 4th quarter valued at $654,000. Finally, PFG Investments LLC acquired a new position in shares of TXO Partners in the third quarter worth $639,000. 27.44% of the stock is owned by institutional investors and hedge funds.

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.