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TXO Partners, L.P. (TXO)

As-reported financials and SEC filings for TXO Partners, L.P. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About TXO Partners, L.P.

TXO Partners, L.P. is an energy company engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids. The company operates in regions including the Permian Basin and manages assets such as crude oil reserves and gas gathering and processing equipment. TXO Partners serves customers in the energy sector through its production and sale of hydrocarbon resources.

Snapshot

Revenue
$363.1M
Revenue growth (YoY)
28.4%
Net income
$-21.6M
Diluted EPS
$-0.43
Gross margin
Operating margin
-8.4%
Net margin
-6.0%
FCF margin
ROE
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$802.9M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at TXO Partners, L.P

  • Revenue grew 28.4% to $363M in FY2025, after a 20.9% decline the year before.
  • Operating margin is now a 8.4% loss in FY2025, from 20.1% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $134M, up 79.1% from Q2 FY2025.
  • Net income turned to a $22M loss in FY2025, from a $23M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where TXO Partners, L.P’s fundamentals sit among the 61 oil and gas companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin-8.4%
16th percentile of 50
Net margin-6.0%
19th percentile of 58
Revenue growth (YoY)+28.4%
76th percentile of 59
Short interest3.44d
37th percentile of 60

7 reported insider purchases (code P) totaling $6.9M in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 quant / multi-strat book among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+1 quant / multi-strat
Initiated / added
1
0 new, 1 added
Reduced / exited
0
0 trimmed, 0 exited
Combined position
$4.3M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$4.3M342.1KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
7
1 insider
Bought (90d)
$6.9M
code P value
Sells (90d)
0
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-13
SIMPSON BOB RDirectorBuy125.0K$14.32$1.8M
2026-08-12
filed 2026-08-13
SIMPSON BOB RDirectorBuy25.0K$14.43$361K
2026-08-11
SIMPSON BOB RDirectorBuy100.0K$14.27$1.4M
2026-08-10
filed 2026-08-11
SIMPSON BOB RDirectorBuy50.0K$14.17$708K
2026-08-07
filed 2026-08-11
SIMPSON BOB RDirectorBuy100.0K$13.52$1.4M
2026-06-23
filed 2026-06-24
SIMPSON BOB RDirectorBuy63.3K$12.64$800K
2026-06-22
filed 2026-06-24
SIMPSON BOB RDirectorBuy36.7K$12.55$461K
2026-06-03
SIMPSON BOB RDirectorBuy369.2K$13.91$5.1M
2026-06-02
filed 2026-06-03
SIMPSON BOB RDirectorBuy230.8K$13.41$3.1M
2026-05-27
SIMPSON BOB RDirectorBuy65.6K$13.20$866K
2026-05-26
SIMPSON BOB RDirectorBuy34.4K$13.27$456K
2026-05-22
filed 2026-05-26
SIMPSON BOB RDirectorBuy104.5K$13.77$1.4M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
813.1K
settled 2026-08-14
Change vs prior
+9.9%
vs previous settlement
Days to cover
3.44
at avg daily volume
Avg daily volume
236.5K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14813.1K+9.9%3.44
2026-07-31739.6K-10.0%7.41
2026-07-15822.0K-18.1%6.77
2026-06-301.0M+2.0%6.71
2026-06-15983.8K-1.6%3.96
2026-05-291.0M+0.3%4.91
2026-05-15996.7K+9.6%3.26
2026-04-30909.4K+0.7%5.59

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$363.1M$282.8M$357.5M$449.6M$219.4M
Gross profit
Operating income$-30.6M$-6.9M$-123.8M$-25.7M$44.2M
Net income$-21.6M$23.5M$-104.0M$-7.7M$52.5M
Diluted EPS$-0.43$0.65$-3.44$-0.31$2.10

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$9.4M$7.3M$4.5M$9.2M$7.5M
Current assets$95.3M$64.4M$55.2M$74.0M
Total assets$1.35B$1.03B$695.6M$924.6M
Current liabilities$153.9M$66.3M$39.1M$147.5M
Long-term debt$291.1M$157.1M$28.1M$120.1M
Total liabilities
Total equity

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$118.2M$109.3M$77.2M$136.4M$73.7M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$134.4M79.1%$60.8M$1.07
Q1 FY2026$119.6M27.4%$-74.3M$-1.35
Q4 FY2025$103.7M17.8%$-28.3M$-0.54
Q3 FY2025$90.6M30.7%$4.4M$0.08
Q2 FY2025$75.0M31.7%$-135,000$0.00
Q1 FY2025$93.8M37.0%$2.4M$0.06
Q4 FY2024$88.1M22.3%$10.2M$0.25
Q3 FY2024$69.3M-7.5%$203,000

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorEnergy
SIC industryCrude Petroleum & Natural Gas
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK1559432

Selected SEC filings

10-K/A2026-03-26
View on EDGAR →
10-K2026-02-26
View on EDGAR →
10-Q2026-08-04
View on EDGAR →
10-Q2026-05-04
View on EDGAR →
10-Q2025-11-04
View on EDGAR →
10-Q2025-08-05
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-05-28
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.