# TXO Partners, L.P. share price today (TXO Partners, L.P., TXO)

> TXO Partners, L.P.'s share price has risen faster than its earnings: +3.7% in a year, against −166.8% for earnings per share. TXO · Energy · Oil & Gas Exploration & Production · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/txo

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: $13.61 (+3.7% in a year)
- P/E: 32.5× (higher than 68% of the last 3.2 years)
- Revenue (Jun 2026): $151 M (+67.9% on a year ago)
- Profit (Jun 2026): $60.8 M
- Operating margin: 38.2% (+42.3 points on a year ago)
- ROE: −3%, FY25
- ROIC: −5.7%, against a 5.0% cost of capital: −10.7 points

The main question: the share price moved +3.7% in a year while yearly earnings per share moved −166.8%. The difference came from the market paying a higher multiple. ## What is the TXO Partners, L.P. share price today? TXO Partners, L.P.'s share price was $13.61 at the close on 3 November 2026. It has been stalling near its high for 18 weeks. That is 3.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between $11 and $15, and at that close it sat 63% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 17 weeks in a row. Over the last 3.8 years the share price moved −41% while the S&P 500 moved +83%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does TXO Partners, L.P. pay? TXO Partners, L.P. paid $1.41 per share over the last four reported quarters. The most recent declaration was $0.40 for Jun 2026. At today's price of $13.61 that is a yield of 10.36%, based on dividends already paid, not a forecast. ## Which stock lists is TXO Partners, L.P. on? TXO Partners, L.P. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is TXO Partners, L.P. profitable? TXO Partners, L.P. earned $60.8 M of net profit in the Jun 2026 quarter. The full FY25 year was a loss of $21.6 M. That is 40.3% of the quarter's revenue. The same quarter a year earlier lost $135 K. 4 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was −$21.6 M (−192.0% on the year before). On average over the last four quarters, profit changed −503.2% and revenue +22.3%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does TXO Partners, L.P. make, and is it growing? TXO Partners, L.P. reported $151 M of revenue in the Jun 2026 quarter, +67.9% on the same quarter a year earlier. Over 4 years it has grown 15.1% a year on average. The last full year, FY25, came in at $401 M. The last four reported quarters add to $406 M. FY25 revenue was $401 M, +41.8% on the year before. Recent pace: the last four quarters grew +22.3% on average, against 15.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +22.2%, against +19.0% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does TXO Partners, L.P. keep? TXO Partners, L.P.'s operating margin was 38.2% in the Jun 2026 quarter, 42.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between −32.5% and 19.4%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +42.3 percentage points on the year while gross margin changed +20.7 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is TXO Partners, L.P.'s profit turning into cash? Over the last 2 years, 241% of TXO Partners, L.P.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $118 M of operating cash against −$21.6 M of profit. After $335 M of spending on assets, free cash was −$217 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does TXO Partners, L.P.'s cash go? TXO Partners, L.P. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $670 M on assets over the last 3 years. Averaged over those years that is 55.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $670 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is TXO Partners, L.P.'s P/E ratio, and how does it compare with its own history? TXO Partners, L.P.'s P/E is 32.5×, in the middle of its own history: higher than 68% of past readings. Its usual P/E (the middle reading) is 26.8×, over 3.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −166.8% while the price moved +3.7%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved −10.5% a year; about −58.2% a year came from earnings growth and about +47.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the TXO Partners, L.P. business getting better or worse? TXO Partners, L.P.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 0.2%; each line tells part of the story. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does TXO Partners, L.P. earn on its capital? TXO Partners, L.P. earned a ROE of −3% in FY25. That is up from a low of −22% in FY23. Its return on capital used (ROIC) is 10.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −5.4% net margin and 0.30× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −5.4% net margin × 0.30× asset turnover × 1.96× leverage (assets divided by equity) ≈ −3.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −5.7% − 5.0% = −10.7 percentage points. The 5.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does TXO Partners, L.P. have too much debt? TXO Partners, L.P. has total debt of $270 M against shareholder equity of $648 M as of Jun 2026, so its debt is 0.42× its equity. Year by year, that ratio went from 0.28 in FY21 to 0.42 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the TXO Partners, L.P. shareholding pattern? 1.1% of TXO Partners, L.P.'s tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 2.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is TXO Partners, L.P. from balance-sheet trouble? For TXO Partners, L.P., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does TXO Partners, L.P. rank in its industry? There is no score against its industry: TXO Partners, L.P. is not among the largest members shown in this industry comparison for Oil & Gas Exploration & Production. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is TXO Partners, L.P. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to TXO Partners, L.P. in size? TXO Partners, L.P. is the 41st largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: HighPeak Energy, Inc., Riley Exploration Permian, Inc. and Infinity Natural Resources, Inc. Just below it: Obsidian Energy, Granite Ridge Resources, Inc. and Vitesse Energy, Inc. ### Oil & Gas Exploration & Production companies close in size

1. [HighPeak Energy, Inc.](https://www.sectoralpha.in/us/stocks/hpk) $1.1 billion
2. [Riley Exploration Permian, Inc.](https://www.sectoralpha.in/us/stocks/repx) $1 billion
3. [Infinity Natural Resources, Inc.](https://www.sectoralpha.in/us/stocks/inr) $863 million
4. TXO Partners, L.P. $755 million
5. [Obsidian Energy Ltd.](https://www.sectoralpha.in/us/stocks/obe) $696 million
6. [Granite Ridge Resources, Inc.](https://www.sectoralpha.in/us/stocks/grnt) $674 million
7. [Vitesse Energy, Inc.](https://www.sectoralpha.in/us/stocks/vts) $651 million

[All 57 Oil & Gas Exploration & Production companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-exploration-production#all-companies)

### Companies close in size in other industries

1. [Carlyle Secured Lending, Inc.](https://www.sectoralpha.in/us/stocks/cgbd) $755 million · Asset Management
2. [Ardelyx, Inc.](https://www.sectoralpha.in/us/stocks/ardx) $755 million · Biotechnology
3. TXO Partners, L.P. $755 million
4. [T1 Energy Inc.](https://www.sectoralpha.in/us/stocks/te) $754 million · Electrical Equipment & Parts
5. [LSI Industries Inc.](https://www.sectoralpha.in/us/stocks/lyts) $753 million · Electronic Components

## What else do people ask about TXO Partners, L.P.? ### What were TXO Partners, L.P.'s latest quarterly results? TXO Partners, L.P. reported revenue of $151 M and net profit of $60.8 M for the Jun 2026 quarter. Earnings per share were $1.07. The operating margin was 38.2%, 42.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is TXO Partners, L.P.'s market cap? TXO Partners, L.P.'s market capitalisation is $755 M at a stock price of $13.61. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is TXO Partners, L.P. performing? TXO Partners, L.P.'s share price has been stalling near its high for 18 weeks. Over the past 13 weeks it has done better than the S&P 500, for 17 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will TXO Partners, L.P.'s stock price go up? This page does not forecast TXO Partners, L.P.'s stock price. What it shows instead: the stock price is $13.61, and it has been stalling near its high for 18 weeks. Its P/E of 32.5× is higher than 68% of its own last 3 years (as of 3 November 2026). ### Does TXO Partners, L.P. have too much debt? TXO Partners, L.P. has a moderate amount of debt: its debt is 0.45× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Is TXO Partners, L.P.'s profit real cash? Yes, over the last 2 years, 241% of TXO Partners, L.P.'s reported profit came in as cash from operations. The latest year was lower at -547%, so the trend is worth watching. In FY25, operating cash was $118 M against reported profit of −$21.6 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is TXO Partners, L.P. in its business cycle? TXO Partners, L.P.'s FY25 operating margin was −7.6%, against a 5-year range of −32.5% to 19.4%: the middle of its own range, neither a peak nor a low. The latest quarter was 38.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the TXO Partners, L.P. story? The main question: the share price moved +3.7% in a year while yearly earnings per share moved −166.8%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is TXO Partners, L.P. a stock worth studying right now? What the numbers show: TXO Partners, L.P.'s share price has risen faster than its earnings: +3.7% in a year, against −166.8% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.