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TXO Partners, L.P. (TXO)

Energy | Oil & Gas E&P | Fort Worth, United States | NYSE
13.13 USD +0.08 (0.613%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 6:55 a.m. EDT

The long-term outlook is severely compromised by a brutal multi-year decline where the stock has lost nearly 31% of its value over two years, with the most recent annual drop exceeding 28%. Fundamentals confirm this deterioration: the company is burning cash with negative free cash flow, negative operating margins, and a massive debt load relative to equity. Despite a 'strong buy' analyst recommendation driven entirely by the need to pay a high dividend, the business is failing to generate the cash required to sustain that payout without eroding value. The short-term rating remains low because the statistical forecast shows no upward bias, and the options market is screaming caution with heavy put positioning. The dividend yield appears attractive at over 11%, but given the negative payout ratio and shrinking cash reserves, this income is likely unsustainable and risks being cut or suspended, making the stock a dangerous trap for income investors.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.040048
AutoETS0.040049
MSTL0.040957
AutoTheta0.054512

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 52%
H-stat 0.16
Ljung-Box p 0.000
Jarque-Bera p 0.203
Excess Kurtosis -1.21
Attribute Value
Sector Energy
Ex Dividend Date 2026-05-14
Last Dividend Date 2026-05-14
Debt to Equity Ratio 45.842
Revenue per Share 6.476
Market Cap 725,334,144
Forward P/E 15.01
Beta 0.02
Profit Margins -28.52%
Previous Name MorningStar Partners, L.P.
Website https://www.txopartners.com

As of July 11, 2026, 6:55 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume relative to calls, particularly in the August and November expirations. While there is some call interest at the $15 strike, the overwhelming majority of open interest sits in OTM puts ($10-$12.50), indicating a market expectation of further downside or a desire to hedge against volatility. Implied volatility is elevated on near-term puts compared to calls, reflecting fear of a continued decline.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.75% 10.98% 11.81%
Dividend History
Date Dividend Yield %
2026-05-15 0.36 2.754399
2026-03-10 0.30 2.431118
2025-11-14 0.35 2.581121
2025-08-15 0.45 3.209700
2025-05-16 0.61 4.013158
2025-03-14 0.61 3.121801
2024-11-15 0.58 3.167668
2024-08-20 0.57 2.884615
2024-05-17 0.65 2.873563
2024-03-14 0.58 3.211517
2023-11-16 0.52 2.869757
2023-08-17 0.48 2.307692
2023-05-19 0.50 2.199736
Additional Data
dividendRate 1.46
dividendYield 11.12
exDividendDate 2026-05-15
trailingAnnualDividendRate 1.46
trailingAnnualDividendYield 0.1118774
lastDividendValue 0.36
lastDividendDate 2026-05-15
dividendDate 2026-05-22

Info Dump

Attribute Value
52 Week Change -0.12699467
Address1 400 West 7th Street
All Time High 25.0
All Time Low 10.12
Ask 15.75
Ask Size 1,000
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 134,820
Average Daily Volume3 Month 202,416
Average Volume 202,416
Average Volume10Days 134,820
Beta 0.018
Bid 11.45
Bid Size 400
Book Value 12.627
City Fort Worth
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 13.13
Current Ratio 0.43
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 13.42
Day Low 13.0
Debt To Equity 45.842
Display Name TXO Partners, L.P
Dividend Date 1,779,408,000
Dividend Rate 1.46
Dividend Yield 11.12
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,785,873,600
Earnings Timestamp Start 1,785,873,600
Ebitda 58,265,000
Ebitda Margins 0.1689
Enterprise To Ebitda 17.069
Enterprise To Revenue 2.883
Enterprise Value 994,548,096
Eps Current Year -0.365
Eps Forward 0.875
Eps Trailing Twelve Months -1.84
Esg Populated 0
Ex Dividend Date 1,778,803,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.9044
Fifty Day Average Change 0.22560024
Fifty Day Average Change Percent 0.017482428
Fifty Two Week Change Percent -12.699467
Fifty Two Week High 15.55
Fifty Two Week High Change -2.42
Fifty Two Week High Change Percent -0.15562701
Fifty Two Week Low 10.12
Fifty Two Week Low Change 3.0100002
Fifty Two Week Low Change Percent 0.29743084
Fifty Two Week Range 10.12 - 15.55
Financial Currency USD
First Trade Date Milliseconds 1,674,829,800,000
Float Shares 39,883,985
Forward Eps 0.875
Forward P E 15.005714
Free Cashflow -117,653,000
Full Exchange Name NYSE
Full Time Employees 224
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.4443
Gross Profits 153,268,000
Has Pre Post Market Data 1
Held Percent Insiders 0.2945
Held Percent Institutions 0.29211
Implied Shares Outstanding 55,242,507
Industry Oil & Gas E&P
Industry Disp Oil & Gas E&P
Industry Key oil-gas-e-p
Ipo Expected Date 2,023-01-27
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,778,803,200
Last Dividend Value 0.36
Last Fiscal Year End 1,767,139,200
Long Business Summary 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; the San Juan Basin of New Mexico and Colorado; and the Williston Basin of Montana and North Dakota. TXO Partners, L.P. was formerly known as TXO Energy Partners, L.P. and changed its name to TXO Partners, L.P. in May 2023. The company was incorporated in 2012 and is based in Fort Worth, Texas.
Long Name TXO Partners, L.P.
Market us_market
Market Cap 725,334,144
Market State PRE
Max Age 86,400
Message Board Id finmb_214034447
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-14
Net Income To Common -98,371,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 725,334,116
Number Of Analyst Opinions 3
Open 13.18
Operating Cashflow 120,985,000
Operating Margins -2.74264
Payout Ratio 5.625
Phone 817 334 7800
Prev Name MorningStar Partners, L.P.
Previous Close 13.05
Price Eps Current Year -35.972603
Price Hint 2
Price To Book 1.0398353
Price To Sales Trailing12 Months 2.1026433
Profit Margins -0.28516
Quick Ratio 0.316
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change 0.0799999
Regular Market Change Percent 0.613026
Regular Market Day High 13.42
Regular Market Day Low 13.0
Regular Market Day Range 13.0 - 13.42
Regular Market Open 13.18
Regular Market Previous Close 13.05
Regular Market Price 13.13
Regular Market Time 1,783,972,817
Regular Market Volume 221,792
Return On Assets -0.05549
Return On Equity -0.16489
Revenue Growth -0.665
Revenue Per Share 6.476
Sand P52 Week Change 0.20365608
Sector Energy
Sector Disp Energy
Sector Key energy
Shares Outstanding 55,242,507
Shares Percent Shares Out 0.0182
Shares Short 1,003,697
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,000,122
Short Name TXO Partners, L.P.
Short Percent Of Float 0.023599999
Short Ratio 4.98
Source Interval 15
State TX
Symbol TXO
Target High Price 21.0
Target Low Price 19.0
Target Mean Price 20.0
Target Median Price 20.0
Total Cash 7,886,000
Total Cash Per Share 0.143
Total Debt 277,100,000
Total Revenue 344,963,008
Tradeable 0
Trailing Annual Dividend Rate 1.46
Trailing Annual Dividend Yield 0.1118774
Trailing Eps -1.84
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.5214
Two Hundred Day Average Change 0.60859966
Two Hundred Day Average Change Percent 0.04860476
Type Disp Equity
Volume 221,792
Website https://www.txopartners.com
Zip 76,102