Q4 EPS Estimates for TXO Partners Lowered by Analyst

TXO Partners, L.P. (NYSE:TXO) – Investment analysts at Capital One Financial decreased their Q4 2024 EPS estimates for TXO Partners in a research note issued to investors on Wednesday, January 22nd. Capital One Financial analyst P. Johnston now forecasts that the company will earn $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 announced its quarterly earnings results on Tuesday, November 5th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.06). TXO Partners had a negative net margin of 63.22% and a positive return on equity of 8.05%. The company had revenue of $68.73 million for the quarter, compared to analyst estimates of $64.60 million.

TXO Partners Stock Up 1.1 %

TXO Partners stock opened at $19.40 on Friday. 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 fifty-two week low of $15.22 and a fifty-two week high of $23.56. The firm has a fifty day moving average price of $17.53 and a two-hundred day moving average price of $17.84. The firm has a market cap of $793.45 million, a price-to-earnings ratio of -3.27 and a beta of 0.15.

Hedge Funds Weigh In On TXO Partners

A number of hedge funds have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of TXO Partners during the 3rd quarter valued at about $84,000. Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in shares of TXO Partners in the 3rd quarter valued at $559,000. Merit Financial Group LLC bought a new stake in TXO Partners during the fourth quarter worth about $505,000. PFG Investments LLC acquired a new stake in shares of TXO Partners during the third quarter worth approximately $639,000. Finally, CWA Asset Management Group LLC acquired a new position in shares of TXO Partners in the 4th quarter worth approximately $654,000. Institutional investors and hedge funds own 27.44% of the company’s stock.

Insider Buying and Selling at TXO Partners

In related news, Director William H. Adams III acquired 14,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was acquired at an average price of $16.93 per share, with a total value of $237,020.00. Following the completion of the transaction, the director now owns 92,784 shares of the company’s stock, valued at approximately $1,570,833.12. This represents a 17.77 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Keith A. Hutton acquired 60,000 shares of TXO Partners stock in a transaction on Wednesday, December 18th. The stock was purchased at an average price 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 in the company, valued at approximately $65,767,448.60. This trade represents a 1.49 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 75,500 shares of company stock valued at $1,223,690 in the last 90 days.

TXO Partners Increases Dividend

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

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.