TXO Partners (NYSE:TXO – Get Free Report) is projected to post its quarterly earnings results before the market opens on Tuesday, March 4th. Analysts expect TXO Partners to post earnings of $0.39 per share for the quarter.
TXO Partners Stock Performance
Shares of NYSE:TXO opened at $19.62 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average price of $18.88 and a 200-day moving average price of $17.87. The company has a market cap of $802.51 million, a price-to-earnings ratio of -3.30 and a beta of 0.18. TXO Partners has a 12 month low of $15.22 and a 12 month high of $23.56.
Insider Buying and Selling at TXO Partners
In related news, CFO Brent W. Clum sold 7,702 shares of TXO Partners stock in a transaction on Friday, January 31st. The shares were sold at an average price of $18.59, for a total value of $143,180.18. Following the sale, the chief financial officer now owns 470,337 shares in the company, valued at $8,743,564.83. The trade was a 1.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Scott T. Agosta sold 5,775 shares of the business’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $18.59, for a total transaction of $107,357.25. Following the transaction, the chief accounting officer now directly owns 159,498 shares in the company, valued at approximately $2,965,067.82. The trade was a 3.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders acquired 75,500 shares of company stock valued at $1,223,690 in the last 90 days.
About TXO Partners
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 and the San Juan Basin of New Mexico and Colorado.
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