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TXO Energy Partners LP ( (TXO) ) has shared an update.
On May 19, 2025, TXO Partners, L.P. announced the completion of the sale of an additional 1,750,000 common units at $15.00 per unit, generating net proceeds of approximately $23.9 million. The proceeds are intended to fund part of the cash consideration for a previously announced asset acquisition from White Rock Energy, LLC, with any remaining funds to be used for repaying outstanding borrowings or general partnership purposes.
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 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 primarily 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: 200,078
Technical Sentiment Signal: Sell
Current Market Cap: $806.1M
For an in-depth examination of TXO stock, go to TipRanks’ Stock Analysis page.