TXO Partners (NYSE:TXO) Downgraded to Strong Sell Rating by Zacks Research

08 Jul 2026, 11:18 by Sarita Garza · The Markets Daily

Zacks Research downgraded shares of TXO Partners (NYSE:TXO – Free Report) from a hold rating to a strong sell rating in a research report sent to investors on Monday,Zacks.com reports.

TXO has been the topic of several other reports. Wall Street Zen downgraded shares of TXO Partners from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of TXO Partners in a report on Wednesday, April 29th. Finally, Weiss Ratings cut shares of TXO Partners from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, TXO Partners has a consensus rating of “Hold” and an average target price of $18.50.

Check Out Our Latest Analysis on TXO Partners

TXO Partners Price Performance

TXO opened at $12.83 on Monday. The stock has a 50-day moving average price of $12.88 and a 200-day moving average price of $12.25. TXO Partners has a 12-month low of $10.12 and a 12-month high of $15.55. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $708.73 million, a P/E ratio of -6.97 and a beta of 0.07.

TXO Partners (NYSE:TXO – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported ($1.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($1.30). The firm had revenue of $28.28 million for the quarter, compared to analysts’ expectations of $110.71 million. TXO Partners had a negative net margin of 28.52% and a negative return on equity of 14.13%. Equities analysts predict that TXO Partners will post 0.2 earnings per share for the current fiscal year.

TXO Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 15th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 11.2%. This is a boost from TXO Partners’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, May 15th. TXO Partners’s payout ratio is currently -78.26%.

Insider Activity

In other news, Director Bob R. Simpson bought 500,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of $12.67 per share, with a total value of $6,335,000.00. Following the completion of the purchase, the director directly owned 7,500,000 shares in the company, valued at $95,025,000. This represents a 7.14% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Insiders have purchased a total of 2,360,000 shares of company stock valued at $31,077,413 in the last quarter.

Institutional Investors Weigh In On TXO Partners

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in shares of TXO Partners by 100.2% during the fourth quarter. Royal Bank of Canada now owns 2,603 shares of the company’s stock valued at $28,000 after acquiring an additional 1,303 shares during the last quarter. State of Wyoming purchased a new position in TXO Partners during the 2nd quarter valued at about $45,000. Kestra Advisory Services LLC bought a new position in TXO Partners during the 4th quarter valued at approximately $49,000. M&T Bank Corp lifted its holdings in TXO Partners by 33.3% in the 2nd quarter. M&T Bank Corp now owns 20,000 shares of the company’s stock worth $301,000 after buying an additional 5,000 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of TXO Partners by 2.0% in the 3rd quarter. Raymond James Financial Inc. now owns 311,151 shares of the company’s stock worth $4,372,000 after buying an additional 6,171 shares during the last quarter. Institutional investors own 27.44% of the company’s stock.

TXO Partners Company Profile

(Get Free Report)

TXO Partners is an independent upstream oil and natural gas company focused on the acquisition, development and production of unconventional resource plays in the United States. The firm holds working interests in producing and non-producing acreage, primarily targeting liquids-rich areas to optimize cash flow generation and capital efficiency. Its core business involves identifying under-developed assets, engineering cost-effective drilling programs and applying advanced completion techniques to enhance well performance.