Capital One Financial Weighs in on TXO Partners Q4 Earnings

TXO Partners, L.P. (NYSE:TXO) – Equities researchers at Capital One Financial increased their Q4 2024 EPS estimates for TXO Partners in a report issued on Wednesday, January 8th. Capital One Financial analyst P. Johnston now expects that the company will post earnings of $0.28 per share for the quarter, up from their prior estimate 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 Stock Up 0.4 %

Shares of NYSE:TXO opened at $17.75 on Monday. The stock’s 50-day moving average is $16.76 and its 200 day moving average is $17.88. The company has a market cap of $726.21 million, a PE ratio of -2.99 and a beta of 0.15. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.02 and a quick ratio of 1.02. TXO Partners has a 1 year low of $15.22 and a 1 year high of $23.56.

Institutional Trading of TXO Partners

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

Insider Buying and Selling at TXO Partners

In related news, Director Keith A. Hutton purchased 60,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average price of $16.04 per share, for a total transaction of $962,400.00. Following the purchase, the director now directly owns 4,100,215 shares of the company’s stock, valued at approximately $65,767,448.60. This represents a 1.49 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William H. Adams III purchased 14,000 shares of the 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 transaction, the director now owns 92,784 shares in the company, valued at $1,570,833.12. The trade was 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 have purchased 75,500 shares of company stock valued at $1,223,690.

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 $0.58 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.32 annualized dividend and a yield of 13.07%. This is a boost from TXO Partners’s previous quarterly dividend of $0.57. TXO Partners’s payout ratio 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.