TXO Partners Q4 EPS Estimate Raised by Capital One Financial

TXO Partners, L.P. (NYSE:TXO) – Stock analysts at Capital One Financial raised their Q4 2024 earnings per share (EPS) estimates for TXO Partners in a research note issued on Wednesday, January 8th. Capital One Financial analyst P. Johnston now expects that the company will earn $0.28 per share for the quarter, up from their prior 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 Trading Up 0.4 %

TXO opened at $17.75 on Monday. TXO Partners has a 1-year low of $15.22 and a 1-year high of $23.56. The firm has a 50-day moving average price of $16.76 and a two-hundred day moving average price of $17.88. The stock has a market capitalization of $726.21 million, a PE ratio of -2.99 and a beta of 0.15. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.25.

Institutional Investors Weigh In On TXO Partners

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in TXO Partners in the 3rd quarter valued at about $84,000. Glenmede Trust Co. NA grew its stake 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 during the last quarter. Pin Oak Investment Advisors Inc. raised its holdings in TXO Partners by 7.1% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 291,061 shares of the company’s stock valued at $5,757,000 after acquiring an additional 19,241 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in TXO Partners during the third quarter worth approximately $559,000. Finally, PFG Investments LLC bought a new stake in shares of TXO Partners during the third quarter worth approximately $639,000. Institutional investors own 27.44% of the company’s stock.

Insider Transactions at TXO Partners

In other TXO Partners news, Director Keith A. Hutton purchased 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 transaction, the director now directly owns 4,100,215 shares of the company’s stock, valued at $65,767,448.60. This represents a 1.49 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William H. Adams III acquired 14,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was bought at an average price of $16.93 per share, with a total value of $237,020.00. Following the acquisition, the director now directly owns 92,784 shares in the company, valued at $1,570,833.12. This represents a 17.77 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 75,500 shares of company stock worth $1,223,690.

TXO Partners Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 15th were issued a dividend of $0.58 per share. The ex-dividend date was Friday, November 15th. This represents a $2.32 dividend on an annualized basis and a yield of 13.07%. This is a boost from TXO Partners’s previous quarterly dividend of $0.57. TXO Partners’s dividend payout ratio (DPR) is -39.06%.

About TXO Partners

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.