TXO Partners Q4 EPS Increased by Capital One Financial

TXO Partners, L.P. (NYSE:TXO) – Research analysts at Capital One Financial lifted their Q4 2024 EPS estimates for TXO Partners in a research note issued on Wednesday, January 8th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings of $0.28 per share for the quarter, up from their previous forecast of $0.27. The consensus estimate for TXO Partners’ current full-year earnings is $0.79 per share. Capital One Financial also issued estimates for TXO Partners’ Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.58 EPS and FY2026 earnings at $1.53 EPS.

TXO Partners Price Performance

TXO Partners stock opened at $17.75 on Monday. 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 has a 52 week low of $15.22 and a 52 week high of $23.56. The stock has a market capitalization of $726.21 million, a P/E ratio of -2.99 and a beta of 0.15. The stock has a fifty day moving average of $16.76 and a 200-day moving average of $17.88.

TXO Partners Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 15th were issued a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, November 15th. This is a positive change from TXO Partners’s previous quarterly dividend of $0.57. This represents a $2.32 annualized dividend and a dividend yield of 13.07%. TXO Partners’s payout ratio is -39.06%.

Insider Buying and Selling

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

Institutional Trading of TXO Partners

Several institutional investors have recently added to or reduced their stakes in TXO. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of TXO Partners during the 3rd quarter worth approximately $84,000. Deroy & Devereaux Private Investment Counsel Inc. acquired a new position in shares of TXO Partners during the third quarter valued at about $559,000. PFG Investments LLC bought a new position in shares of TXO Partners during the 3rd quarter worth about $639,000. CWA Asset Management Group LLC bought a new stake in TXO Partners in the 4th quarter valued at about $654,000. Finally, Glenmede Trust Co. NA increased its position in TXO Partners by 13.9% in the 3rd quarter. Glenmede Trust Co. NA now owns 47,678 shares of the company’s stock valued at $943,000 after buying an additional 5,831 shares in the last quarter. 27.44% of the stock is currently owned by institutional investors.

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.