TXO Energy Partners Announces Major Acquisition Deal

TXO Energy Partners LP ( (TXO) ) has issued an update.

On May 13, 2025, TXO Partners, L.P., through its subsidiary Morningstar Operating LLC and in partnership with North Hudson Resource Partners LP, announced a definitive agreement to acquire oil, gas, and mineral assets from White Rock Energy, LLC for approximately $350 million, with an additional $70 million payable a year after closing. This acquisition, expected to close in the third quarter of 2025, will enhance TXO’s position as a leading oil producer in the Elm Coulee field of the Williston Basin, adding significant production capacity and reserves, and aligning with its long-term value creation strategy.

The most recent analyst rating on (TXO) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on TXO Energy Partners LP stock, see the TXO Stock Forecast page.

More about TXO Energy Partners LP

TXO Partners, L.P. is a master limited partnership focused on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. Its current 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.

Average Trading Volume: 116,643

Technical Sentiment Signal: Sell

Current Market Cap: $723.9M

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