TXO
TXO Partners, L.P.
NYSEUSDEQUITY
Energy
DELAYED
Buy
+25/100
Last price
13.96
▲ 0.05 (0.36%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
13.91
Day high
14.07
Day low
13.79
Volume
108.94K
Market cap
$774.03M
P/E (TTM)
—
52W range
10.12 – 15.58
Trailing performance
Returnvs SPY
1W
-0.99%
-2.9%
1M
-7.30%
-8.5%
3M
+6.48%
+2.0%
6M
+8.98%
-9.2%
YTD
+30.83%
+16.6%
1Y
-2.04%
-18.5%
3Y
-31.27%
-113.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on TXO open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
16.67M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 13, 26 | SIMPSON BOB R Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 150.00K | $2.15M | Direct |
| Aug 11, 26 | SIMPSON BOB R Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 250.00K | $3.49M | Direct |
| Jun 23, 26 | SIMPSON BOB R Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 100.00K | $1.26M | Direct |
| Jun 3, 26 | SIMPSON BOB R Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 600.00K | $8.23M | Direct |
| May 27, 26 | SIMPSON BOB R Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 65.59K | $866.05K | Direct |
| May 26, 26 | SIMPSON BOB R Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 384.41K | $5.26M | Direct |
| May 20, 26 | SIMPSON BOB R Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 148.40K | $1.97M | Direct |
| May 15, 26 | SIMPSON BOB R Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 301.60K | $3.91M | Direct |
| May 11, 26 | SIMPSON BOB R Affiliated Person |
BUY | 750.00K | $9.46M | Direct |
| May 8, 26 | ADAMS WILLIAM H III Director |
BUY | 10.00K | $124.12K | Direct |
| Apr 1, 26 | SIMPSON GARY D Chief Executive Officer |
SELL | 27.23K | $337.16K | Direct |
| Apr 1, 26 | CLUM BRENT W Chief Executive Officer |
SELL | 27.23K | $337.16K | Direct |
| Mar 27, 26 | HUTTON KEITH A Affiliated Person |
STOCK | 720.00K | $0 | Direct |
| Jan 30, 26 | ADAMS WILLIAM H III Director |
STOCK | 10.67K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ADAMS WILLIAM H III |
Director | 128.95K | Purchase |
AGOSTA SCOTT T |
Officer | 205.47K | Stock Award(Grant) |
CLUM BRENT W |
Chief Executive Officer | 800.34K | Sale |
HUTTON KEITH A |
Affiliated Person | 4.10M | Stock Gift |
KEVIL PHILLIP R |
Director | 41.41K | Stock Award(Grant) |
KING J LUTHER JR. |
Director | 3.82M | Stock Award(Grant) |
MASSARO LAWRENCE S |
Director | 34.57K | Stock Award(Grant) |
SETTLE RICHARD JACOB |
Director | 37.38K | Stock Award(Grant) |
SIMPSON BOB R |
Director and Beneficial Owner of more than 10% of a Class of Security | 9.50M | Purchase |
SIMPSON GARY D |
Chief Executive Officer | 581.02K | Sale |
Fundamentals
Market cap$774.03M
Enterprise value$936.65M
Revenue (TTM)$405.96M
Gross profit$216.14M
EBITDA$121.30M
Net income$-37.47M
EPS (TTM)$-0.74
Free cash flow$-87.28M
Total cash$107.48M
Total debt$270.10M
Book value / share$11.69
Shares outstanding55.45M
Float39.69M
Short % of float1.97%
Dividend yield10.10%
Beta (5Y)0.03
Valuation & profitability ratios
Trailing P/E—
Forward P/E10.68
PEG ratio—
Price / sales—
Price / book1.19
EV / revenue2.31
EV / EBITDA7.72
Gross margin53.24%
Operating margin38.22%
Profit margin-9.23%
Return on equity-5.35%
Return on assets-2.35%
Debt / equity41.68
Current ratio1.05
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $401.01M | $282.81M | $380.72M | $246.40M | +41.8% |
| Operating revenue | $401.01M | $282.81M | $380.72M | $246.40M | +41.8% |
| Cost of revenue | $282.80M | $202.70M | $189.02M | $169.03M | +39.5% |
| Gross profit | $118.21M | $80.11M | $191.70M | $77.37M | +47.6% |
| Selling, general & admin | $21.46M | $14.53M | $7.89M | $1.65M | +47.7% |
| Total operating expense | $106.36M | $86.97M | $92.10M | $103.05M | +22.3% |
| Operating income | $11.84M | -$6.86M | $99.60M | -$25.68M | +272.6% |
| Net interest income | -$16.35M | -$6.79M | -$3.96M | -$8.05M | -140.6% |
| Pre-tax income | -$21.62M | $23.50M | -$103.99M | -$7.67M | -192.0% |
| Net income | -$21.62M | $23.50M | -$103.99M | -$7.67M | -192.0% |
| Net income to common | -$21.62M | $23.50M | -$103.99M | -$7.67M | -192.0% |
| Basic EPS | -0.43 | 0.66 | -3.44 | -0.26 | -165.2% |
| Diluted EPS | -0.43 | 0.65 | -3.44 | -0.26 | -166.2% |
| EBIT | -$4.66M | $31.37M | -$99.56M | $530.00K | -114.8% |
| EBITDA | $91.92M | $83.78M | -$55.28M | $41.89M | +9.7% |
| Basic shares | 49.77M | 35.56M | 30.27M | 30.00M | +40.0% |
| Diluted shares | 49.77M | 36.13M | 30.27M | 30.00M | +37.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $9.37M | $7.30M | $4.50M | $9.20M | +28.3% |
| Cash & short-term investments | $9.37M | $7.30M | $4.50M | $9.20M | +28.3% |
| Accounts receivable | $52.39M | $39.69M | $32.23M | $52.30M | +32.0% |
| Total current assets | $95.33M | $64.45M | $55.19M | $74.03M | +47.9% |
| Property, plant & equipment | $1.24B | $951.39M | $629.32M | $836.40M | +30.4% |
| Total assets | $1.35B | $1.03B | $695.61M | $924.63M | +31.4% |
| Total current liabilities | $153.92M | $66.34M | $39.12M | $147.46M | +132.0% |
| Long-term debt | $291.10M | $157.10M | $28.10M | $120.10M | +85.3% |
| Total debt | $291.10M | $157.10M | $28.10M | $120.10M | +85.3% |
| Total liabilities | $663.17M | $421.43M | $221.81M | $403.10M | +57.4% |
| Shareholder equity | $0 | $0 | $0 | $206.07M | — |
| Working capital | -$58.58M | -$1.89M | $16.07M | -$73.44M | -2,999.6% |
| Net tangible assets | $0 | $0 | $0 | $206.07M | — |
| Shares issued | 54.78M | 40.91M | 30.75M | 30.75M | +33.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$21.62M | $23.50M | -$103.99M | -$7.67M | -192.0% |
| Stock-based compensation | $16.30M | $6.17M | $3.47M | $0 | +164.4% |
| Change in working capital | -$8.29M | $6.91M | $6.64M | -$17.30M | -220.0% |
| Operating cash flow | $118.19M | $109.30M | $77.15M | $136.38M | +8.1% |
| Capital expenditure | -$263.62M | -$265.16M | -$10.42M | -$63.27M | +0.6% |
| Investing cash flow | -$335.32M | -$288.28M | -$46.22M | -$86.67M | -16.3% |
| Dividends paid | -$101.42M | -$85.36M | -$49.76M | -$13.18M | -18.8% |
| Financing cash flow | $219.20M | $181.78M | -$35.63M | -$48.05M | +20.6% |
| Free cash flow | -$145.44M | -$155.86M | $66.73M | $73.11M | +6.7% |
| End cash position | $9.37M | $7.30M | $4.50M | $9.20M | +28.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $150.87M | $28.28M | $125.93M | $100.88M | $89.88M | — | +433.6% |
| Operating revenue | $150.87M | $28.28M | $125.93M | $100.88M | $89.88M | — | +433.6% |
| Cost of revenue | $65.42M | $76.58M | $82.52M | $71.56M | $65.02M | — | -14.6% |
| Gross profit | $85.45M | -$48.30M | $43.41M | $29.32M | $24.86M | — | +276.9% |
| Selling, general & admin | $4.75M | $4.81M | $4.74M | $4.83M | $9.45M | — | -1.3% |
| Total operating expense | $27.79M | $29.25M | $28.03M | $25.55M | $28.58M | — | -5.0% |
| Operating income | $57.66M | -$77.55M | $15.38M | $3.76M | -$3.71M | — | +174.4% |
| Net interest income | -$5.38M | -$5.64M | -$6.17M | -$4.39M | -$2.27M | — | +4.6% |
| Pre-tax income | $60.77M | -$74.34M | -$28.25M | $4.35M | -$135.00K | — | +181.8% |
| Net income | $60.77M | -$74.34M | -$28.25M | $4.35M | -$135.00K | — | +181.8% |
| Net income to common | $60.77M | -$74.34M | -$28.25M | $4.35M | -$135.00K | — | +181.8% |
| Basic EPS | 1.10 | -1.35 | — | 0.08 | 0.00 | 0.06 | +181.5% |
| Diluted EPS | 1.07 | -1.35 | — | 0.08 | 0.00 | 0.06 | +179.3% |
| EBIT | $66.35M | -$68.60M | -$21.98M | $8.86M | $2.44M | — | +196.7% |
| EBITDA | $90.32M | -$39.76M | $7.78M | $32.55M | $24.12M | — | +327.2% |
| Basic shares | 55.45M | 55.09M | — | 54.78M | 48.22M | 41.08M | +0.6% |
| Diluted shares | 56.68M | 55.09M | — | 55.81M | 48.22M | 41.81M | +2.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $107.48M | $7.89M | $9.37M | $5.31M | $7.95M | +1,262.9% |
| Cash & short-term investments | $107.48M | $7.89M | $9.37M | $5.31M | $7.95M | +1,262.9% |
| Accounts receivable | $51.17M | $58.45M | $52.39M | $45.60M | $36.99M | -12.5% |
| Total current assets | $179.50M | $90.23M | $95.33M | $76.92M | $70.76M | +98.9% |
| Property, plant & equipment | $1.06B | $1.22B | $1.24B | $1.28B | $958.36M | -13.1% |
| Total assets | $1.25B | $1.32B | $1.35B | $1.38B | $1.05B | -5.3% |
| Total current liabilities | $170.64M | $210.00M | $153.92M | $160.62M | $72.71M | -18.7% |
| Long-term debt | $270.10M | $277.10M | $291.10M | $271.10M | $19.10M | -2.5% |
| Total debt | $270.10M | $277.10M | $291.10M | $271.10M | $19.10M | -2.5% |
| Total liabilities | $603.37M | $717.32M | $663.17M | $639.94M | $293.66M | -15.9% |
| Shareholder equity | $0 | $0 | $0 | $0 | $0 | — |
| Working capital | $8.86M | -$119.77M | -$58.58M | -$83.70M | -$1.96M | +107.4% |
| Net tangible assets | $0 | $0 | $0 | $0 | $0 | — |
| Shares issued | 55.45M | 55.24M | 54.78M | 54.78M | 54.78M | +0.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $60.77M | -$74.34M | -$28.25M | $4.35M | -$135.00K | — | +181.8% |
| Stock-based compensation | $2.79M | $3.57M | $3.47M | $3.47M | $7.24M | — | -22.1% |
| Change in working capital | -$758.00K | -$5.25M | -$2.35M | -$334.00K | $1.42M | — | +85.6% |
| Operating cash flow | $49.10M | $33.41M | $32.45M | $28.27M | $26.85M | — | +47.0% |
| Capital expenditure | -$1.31M | -$1.22M | — | -$234.80M | -$34.30M | -$307.00K | -6.9% |
| Investing cash flow | $77.51M | -$4.38M | -$29.89M | -$255.87M | -$42.72M | — | +1,869.2% |
| Dividends paid | -$19.96M | -$16.56M | -$19.18M | -$24.62M | -$32.31M | — | -20.5% |
| Financing cash flow | -$27.02M | -$30.52M | $1.50M | $224.95M | $12.98M | — | +11.5% |
| Free cash flow | $47.79M | $32.18M | $38.24M | -$206.53M | -$7.45M | — | +48.5% |
| End cash position | $107.48M | $7.89M | $9.37M | $5.31M | $7.95M | — | +1,262.9% |
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
7.50
-46.3% from spot
ATM implied vol
12.5%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
17
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
7.50
0 contracts
Heaviest put OI
15.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.11 | 0.35 | +228.8% |
| Mar 2026 | -0.05 | 0.02 | +148.8% |
| Dec 2025 | 0.10 | 0.43 | +352.1% |
| Sep 2025 | 0.01 | -0.05 | -1,132.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.16 | 3 | $90.16M | -10.6% |
| Next quarter | 0.36 | 3 | $114.14M | -9.4% |
| Current year | 0.48 | 3 | $383.45M | -4.4% |
| Next year | 1.31 | 3 | $483.13M | +26.0% |
Analyst targets & ownership
Mean target$19.00
High target$20.00
Low target$17.00
Implied upside36.10%
Analyst count3
ConsensusSTRONG BUY
Strong buy / Buy0 / 3
Hold0
Sell / Strong sell0 / 0
Held by insiders30.06%
Held by institutions25.00%
Institutions holding62
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
14.04
-0.56% from price
SMA 20
14.48
-3.59% from price
SMA 50
14.21
-1.77% from price
SMA 100
13.61
+2.57% from price
SMA 200
12.80
+9.04% from price
EMA 12
14.11
-1.09% from price
EMA 26
14.26
-2.13% from price
EMA 50
14.12
-1.14% from price
RSI (14)
42.1
Neutral
MACD (12,26,9)
-0.15
Hist -0.10
ATR (14)
0.37
2.63% of price
Realised vol 30D
26.0%
Annualised
Bollinger upper
15.59
20, 2σ
Bollinger lower
13.37
20, 2σ
50 / 200 cross
Golden
14.21 vs 12.80
Trend bias
Above 200
+9.04%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.19
Less volatile than market
Correlation to SPY
-0.09
Largely independent
Realised vol 30D
26.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-30.0%
Peak to trough
Max drawdown 5Y
-58.6%
Peak to trough
ATR 14
0.37
2.63% of price
Beta (reported)
0.03
5Y monthly, from filing
Short interest
Shares short
842.25K
Prior 813.08K
Change vs prior
+3.6%
Shorts adding
% of float
1.97%
Normal
% of shares out
1.52%
Against total outstanding
Days to cover
4.8
Liquid
Float
39.69M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 6, 26 | Stifel | MAINTAINED | Buy | Buy |
| Oct 21, 25 | Stifel | MAINTAINED | Buy | Buy |
| Sep 9, 25 | Raymond James | MAINTAINED | Strong Buy | Strong Buy |
| Aug 14, 25 | Stifel | MAINTAINED | Buy | Buy |
| Jul 25, 25 | Raymond James | MAINTAINED | Strong Buy | Strong Buy |
| Jan 24, 24 | Raymond James | MAINTAINED | Strong Buy | Strong Buy |
| Jan 23, 24 | Stifel | MAINTAINED | Buy | Buy |
| Nov 20, 23 | Stifel | MAINTAINED | Buy | Buy |
| Aug 25, 23 | Stifel | MAINTAINED | Buy | Buy |
| Jul 24, 23 | Raymond James | MAINTAINED | Strong Buy | Strong Buy |
| Apr 12, 23 | Stifel | MAINTAINED | — | Buy |
| Feb 21, 23 | Capital One | INITIATED | — | Overweight |
Dividends & splits
Forward rate$1.41 / yr
Forward yield10.10%
5-year avg yield—
Payout ratio562.50%
Ex-dividend dateAug 14, 2026
Next pay dateAug 21, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-04
Corporate Changes & Voting Matters
8-K · 2026-05-28
Periodic Financial Reports
10-Q · 2026-05-04
Periodic Financial Reports
10-K/A · 2026-03-26
Corporate Changes & Voting Matters
8-K · 2026-03-10
Corporate Changes & Voting Matters
8-K · 2026-02-26
Periodic Financial Reports
10-Q · 2025-11-04
Corporate Changes & Voting Matters
8-K/A · 2025-10-08
Headlines
Why TXO Partners LP (TXO) Dipped More Than Broader Market Today
Zacks · 8d ago
TXO Partners LP (TXO) Stock Moves -1.04%: What You Should Know
Zacks · 14d ago
Are Oils-Energy Stocks Lagging Calumet, Inc. (CLMT) This Year?
Zacks · 16d ago
4 Ultra-High-Yield Energy Stocks Are September Strong Buys (One Yields Over 10%)
24/7 Wall St. · 16d ago
Zacks.com featured highlights EuroDry, Vince Holding, Nutex, TXO Partners and KB Financial
Zacks · 19d ago
5 Stocks With Recent Price Strength Amid a Volatile September
Zacks · 20d ago
TXO Partners LP (TXO) Declines More Than Market: Some Information for Investors
Zacks · 20d ago
Best Income Stocks to Buy for September 16th
Zacks · 21d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.