TXO Partners, L.P.
Close on Oct 19, 2026
- Market cap
- $802.62M
- P/E (TTM)
- –
- Dividend yield
- –
About TXO Partners, L.P.
Crude Petroleum & Natural Gas, SIC 1311
TXO Partners, L.P. is an energy company that acquires, develops, and operates conventional oil and natural gas properties. The partnership focuses on the production and sale of crude oil, natural gas, and natural gas liquids, and it also operates carbon dioxide processing infrastructure. Its activities center on enhancing recovery and optimizing output from producing wells. The partnership sells its extracted oil, natural gas, and liquid products to commercial purchasers in the energy sector.
The company's assets and operational activities are located in the United States, with positions concentrated in the Permian Basin of Texas and New Mexico, the San Juan Basin of New Mexico and Colorado, and the Williston Basin of Montana and North Dakota. The partnership manages approximately 1.3 million gross leasehold and mineral acres, encompassing an estimated 129 million barrels of oil equivalent in proved reserves. Average daily output totals more than 28,000 barrels of oil equivalent. The firm is headquartered in Fort Worth, Texas.
Summary of the business section of TXO Partners, L.P.'s latest annual report, written by StockData.
Company profile
Company
- Legal name
- TXO Partners, L.P.
- Headquarters
- Fort Worth, TX
- Address
- 400 West 7th Street 76102
- Phone
- (817) 334-7800
- Employees
- 231, Dec 31, 2025
- Industry
- Crude Petroleum & Natural Gas
- Incorporated in
- X1
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Fort Worth, TX
Stock & identifiers
- Ticker
- TXO
- Exchange
- NYSE
- IPO date
- Jan 27, 2023
- Shares outstanding
- 55M, Aug 4, 2026
- Public float
- $571.80M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- SEC CIK
- 1559432
- CUSIP
- 87313P103
- ISIN
- US87313P1030
- LEI
- KWQMGYEOMKX7BT2PZF05
- EIN
- 32-0368858
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Gary D. Simpson | Co-Chief Executive Officer, Director | 581,018 |
| Brent W. Clum | Co-CEO and CFO, Director | 1,079,746 |
| Scott T. Agosta | Chief Accounting Officer | 253,516 |
| Bob R. Simpson | Director | 13,623,110 |
| William H. Adams Iii | Director | 183,235 |
| Keith A. Hutton | Director | 7,042,430 |
| Luther King Jr | Director | 3,822,907 |
| Phillip R. Kevil | Director | 41,411 |
| Rick Jacob Settle | Director | 49,099 |
| Lawrence S. Massaro | Director | 34,567 |
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 231 total employees, 224 of which were full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 28, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 5, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 22, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 30, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 9, 2023 | Name change | Name changed from TXO Energy Partners, L.P. to TXO Partners, L.P. |
| Jan 27, 2023 | Name change | Name changed from MorningStar Partners, L.P. to TXO Energy Partners, L.P. |
| Jan 27, 2023 | IPO | Initial public offering priced (424B4 prospectus) |
| Jan 26, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |