TXO Partners, L.P. (TXO) Stock Analysis
Energy · Oil & Gas E&P · NYSE
TXO Partners, L.P. (TXO) posted $401.01M in revenue for fiscal 2025 (up 41.8% year over year), with a net loss of $21.62M, and has compounded revenue about 15.1%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on TXO Partners, L.P.
TXO Partners, L.P. has grown revenue from $228.34M to $401.01M over the last 5 fiscal years, compounding about 15.1% a year. The most recent year was up 41.8%, so growth is actually accelerating.
Net margin sits at -5.4%, down 13.7 points year over year on a 29.5% gross margin. It carries about $291.10M of total debt.
The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from TXO Partners, L.P.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
TXO Partners, L.P. revenue & earnings — last 5 fiscal years
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $228.34M | $246.40M | $380.72M | $282.81M | $401.01M |
| Gross profit | — | $77.37M | $191.70M | $80.11M | $118.21M |
| Net income | $52.48M | $-7.67M | $-103.99M | $23.50M | $-21.62M |
| Net margin | 23.0% | -3.1% | -27.3% | 8.3% | -5.4% |
Source: TXO Partners, L.P. SEC filings (10-K).
TXO Partners, L.P.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 78.2% over 3 years (30.8M → 54.8M) — existing holders' stakes are being diluted.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -5.4%).
Explore 5 years of TXO Partners, L.P. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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TXO Partners, L.P. financial history by metric
Compare TXO Partners, L.P. with peers
About TXO Partners, L.P.
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; 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. — frequently asked questions
What is TXO Partners, L.P.'s revenue?
TXO Partners, L.P. (TXO) reported revenue of $401.01M for fiscal year 2025, up 41.8% from the prior year, according to its SEC filings.
Is TXO Partners, L.P. profitable?
No — TXO reported a net loss of $-21.62M in fiscal 2025.
What is TXO's P/E ratio?
TXO Partners, L.P. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is TXO Partners, L.P. growing?
TXO's revenue grew at roughly 15.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does TXO Partners, L.P. have?
As of fiscal year 2025, TXO carried roughly $291.10M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is TXO Partners, L.P.'s gross margin?
TXO's gross margin was 29.5% in fiscal 2025 — gross profit of $118.21M on revenue of $401.01M.
What is TXO Partners, L.P.'s market cap?
TXO Partners, L.P. (TXO) has a market capitalization of about $755.17M, based on the latest data in our nightly-refreshed cache.
When does TXO Partners, L.P.'s fiscal year end?
TXO's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from TXO Partners, L.P.'s official SEC filings (10-K and 10-Q), covering 5 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.