FY2025 EPS Estimates for TXO Partners Cut by Analyst

TXO Partners LP (NYSE:TXO) – Research analysts at Capital One Financial reduced their FY2025 earnings per share estimates for TXO Partners in a report released on Wednesday, November 12th. Capital One Financial analyst P. Johnston now anticipates that the company will earn $0.07 per share for the year, down from their previous forecast of $0.18. The consensus estimate for TXO Partners’ current full-year earnings is $1.02 per share. Capital One Financial also issued estimates for TXO Partners’ FY2027 earnings at $0.59 EPS.

A number of other equities analysts also recently commented on TXO. Wall Street Zen downgraded shares of TXO Partners from a “hold” rating to a “sell” rating in a report on Saturday, September 13th. Zacks Research raised shares of TXO Partners from a “strong sell” rating to a “hold” rating in a report on Monday, October 27th. Raymond James Financial lowered their price objective on shares of TXO Partners from $24.00 to $22.00 and set a “strong-buy” rating for the company in a research report on Tuesday, September 9th. Weiss Ratings raised shares of TXO Partners from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday. Finally, Stifel Nicolaus decreased their target price on TXO Partners from $21.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $20.50.

TXO Partners Price Performance

Shares of TXO opened at $13.83 on Friday. TXO Partners has a 52 week low of $12.61 and a 52 week high of $20.70. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.37. The firm has a market cap of $757.83 million, a price-to-earnings ratio of 34.59 and a beta of 0.08. The stock has a 50 day moving average of $13.61 and a 200-day moving average of $14.64.

Hedge Funds Weigh In On TXO Partners

Several hedge funds and other institutional investors have recently made changes to their positions in TXO. Glenmede Investment Management LP grew its holdings in TXO Partners by 24.5% in the 3rd quarter. Glenmede Investment Management LP now owns 72,779 shares of the company’s stock worth $1,023,000 after buying an additional 14,332 shares in the last quarter. Energy Income Partners LLC boosted its position in TXO Partners by 26.0% during the 3rd quarter. Energy Income Partners LLC now owns 1,139,085 shares of the company’s stock worth $16,004,000 after acquiring an additional 234,808 shares during the period. Global Endowment Management LP boosted its position in TXO Partners by 54.9% during the 3rd quarter. Global Endowment Management LP now owns 2,686,017 shares of the company’s stock worth $37,739,000 after acquiring an additional 952,257 shares during the period. First Trust Advisors LP grew its stake in shares of TXO Partners by 14.9% in the third quarter. First Trust Advisors LP now owns 445,511 shares of the company’s stock worth $6,259,000 after purchasing an additional 57,857 shares in the last quarter. Finally, Wealthedge Investment Advisors LLC increased its holdings in shares of TXO Partners by 100.1% during the third quarter. Wealthedge Investment Advisors LLC now owns 177,906 shares of the company’s stock valued at $2,500,000 after purchasing an additional 88,992 shares during the period. 27.44% of the stock is currently owned by institutional investors and hedge funds.

TXO Partners Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Friday, November 14th will be given a $0.35 dividend. The ex-dividend date is Friday, November 14th. This represents a $1.40 annualized dividend and a yield of 10.1%. TXO Partners’s dividend payout ratio is 450.00%.

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.