TXO Partners price target raised to $19 from $18 at Stifel

Stifel analyst Selman Akyol raised the firm’s price target on TXO Partners (TXO) to $19 from $18 and keeps a Buy rating on the shares. The firm, which is updating its model to reflect Q4 results as well a follow-up call with management, believes TXO will continue executing development in the Williston in 2026. While noting crude oil prices are elevated, the firm would expect management to remain conservative and disciplined before allocating incremental development capital, the analyst added.