TXO Partners (NYSE:TXO) Posts Quarterly Earnings Results, Misses Estimates By $0.67 EPS

TXO Partners (NYSE:TXO) issued its quarterly earnings data on Thursday. The company reported ($0.57) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.67), Zacks reports. TXO Partners had a net margin of 4.62% and a return on equity of 3.64%.

TXO Partners Stock Performance

Shares of NYSE TXO remained flat at $12.54 during midday trading on Thursday. 95,192 shares of the stock were exchanged, compared to its average volume of 185,505. The stock’s 50-day simple moving average is $11.49 and its 200 day simple moving average is $12.70. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.48 and a quick ratio of 0.48. TXO Partners has a 1-year low of $10.12 and a 1-year high of $20.24. The stock has a market capitalization of $686.94 million, a P/E ratio of 31.35 and a beta of 0.13.

Insider Activity at TXO Partners

In other TXO Partners news, CEO Brent W. Clum sold 19,571 shares of the firm’s stock in a transaction dated Saturday, January 31st. The shares were sold at an average price of $12.07, for a total transaction of $236,221.97. Following the transaction, the chief executive officer owned 827,574 shares of the company’s stock, valued at approximately $9,988,818.18. This trade represents a 2.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Scott T. Agosta sold 10,689 shares of the company’s stock in a transaction dated Saturday, January 31st. The shares were sold at an average price of $12.07, for a total transaction of $129,016.23. Following the completion of the sale, the chief accounting officer directly owned 205,474 shares of the company’s stock, valued at $2,480,071.18. The trade was a 4.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 38,386 shares of company stock worth $463,319.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Virtu Financial LLC acquired a new position in shares of TXO Partners in the 4th quarter valued at approximately $291,000. XTX Topco Ltd bought a new position in TXO Partners during the fourth quarter worth about $389,000. Wealthedge Investment Advisors LLC increased its stake in TXO Partners by 12.2% during the 4th quarter. Wealthedge Investment Advisors LLC now owns 199,568 shares of the company’s stock worth $2,129,000 after acquiring an additional 21,662 shares during the period. Royal Bank of Canada boosted its position in TXO Partners by 100.2% in the fourth quarter. Royal Bank of Canada now owns 2,603 shares of the company’s stock valued at $28,000 after buying an additional 1,303 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in TXO Partners during the 4th quarter worth $49,000. 27.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TXO. Weiss Ratings downgraded shares of TXO Partners from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Raymond James Financial set a $18.00 target price on TXO Partners in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.50.

TXO Partners Company Profile

TXO Partners is an independent upstream oil and natural gas company focused on the acquisition, development and production of unconventional resource plays in the United States. The firm holds working interests in producing and non-producing acreage, primarily targeting liquids-rich areas to optimize cash flow generation and capital efficiency. Its core business involves identifying under-developed assets, engineering cost-effective drilling programs and applying advanced completion techniques to enhance well performance.

The company’s operations are concentrated in key domestic basins, where horizontal drilling and multi-stage fracturing have unlocked significant reserves.