For Q1 FY2026 ended March 31, 2026, TXO Partners reported revenue of $28.3 million, down 66.5% year-over-year. Net loss was $74.3 million, compared to a net loss of $2.3 million in the prior year quarter. Operating loss was $77.6 million, and diluted EPS was -$1.35. Long-term debt stood at $277.1 million.
•Revenue fell 66.5% YoY to $28.3 million.
•Net loss widened to $74.3 million from $2.3 million.
•Operating loss was $77.6 million, down from a loss of $3.6 million.
•Diluted EPS was -$1.35, compared to $0.06 in Q1 FY2025.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
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. Its portfolio also includes 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.
TXO Partners, L.P. is an oil and natural gas company that focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. The company's operations are concentrated in three major basins: 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. By targeting conventional reserves, TXO Partners aims to maximize value through efficient extraction and management of existing assets. The company was originally known as TXO Energy Partners, L.P. before changing its name in May 2023.
Where is TXO Partners, L.P. listed and what currency does it use?
TXO Partners, L.P. is listed on the New York Stock Exchange (NYSE) under the ticker symbol TXO. The company operates in the United States and its financial reporting is conducted in US Dollars (USD). As a publicly traded partnership listed on a major US exchange, investors can buy and sell shares of TXO Partners in USD, making it accessible to both domestic and international investors who trade in US markets.
What sector and industry does TXO Partners, L.P. belong to?
TXO Partners, L.P. operates in the Energy sector, specifically within the Oil & Gas E&P (Exploration and Production) industry. This means the company is primarily involved in finding, extracting, and producing crude oil and natural gas from underground reservoirs. As an E&P company, TXO Partners focuses on the upstream segment of the oil and gas value chain, which includes activities such as drilling wells, operating production facilities, and managing reserves. The company's emphasis on conventional reserves distinguishes it from firms that focus on unconventional resources like shale oil or gas.
Where is TXO Partners, L.P. headquartered and what are its key operating regions?
TXO Partners, L.P. is headquartered in Fort Worth, Texas, United States. The company's acreage positions are concentrated in three key regions: the Permian Basin of West Texas and New Mexico, which is one of the most prolific oil-producing areas in the US; the San Juan Basin of New Mexico and Colorado, known for natural gas production; and the Williston Basin of Montana and North Dakota, which is part of the Bakken shale formation. These basins provide a diversified portfolio of conventional oil and gas reserves across multiple states, allowing TXO Partners to leverage regional expertise and infrastructure.
What is the business model of TXO Partners, L.P.?
TXO Partners, L.P. generates revenue by acquiring, developing, optimizing, and exploiting conventional oil, natural gas, and natural gas liquid reserves. The company focuses on mature, low-risk assets with established production histories, aiming to maximize cash flow through operational efficiencies and strategic acquisitions. By concentrating on conventional reserves, TXO Partners targets opportunities that may be overlooked by larger operators focused on unconventional plays. The company's portfolio includes assets in the Permian, San Juan, and Williston Basins, which provide a mix of oil and gas production. As a master limited partnership (MLP), TXO Partners distributes a significant portion of its cash flow to unitholders, aligning its business model with income generation.