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TXO Partners (TXO) investor relations material
TXO Partners Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business model and strategy
Operates as a yield-oriented MLP focused on long-lived legacy oil and gas properties with strong cash flows and low decline rates, supporting substantial distributions to unitholders.
Maintains a vision for long-term production and distribution, building value through strategic acquisitions in premier US basins.
Management, board, and significant owners are highly aligned, collectively holding about 31% of units as of September 2025.
Focuses on conventional development with managed growth and lower capital expenditures, leveraging low-risk assets.
Operates primarily in the Permian, San Juan, and Williston Basins, with a total of approximately 642,000 net acres.
Operational highlights
Achieved a 15.5% CAGR in daily oil production from 2022 through Q3 2025, with 39% growth in daily oil production YTD 2025 versus FY 2024.
Reported 29,000 daily oil equivalent barrels of production in Q3 2025.
Expanded Williston Basin presence in 2024–2025, acquiring a total of ~270,000 net acres, enhancing oil share and operating efficiency.
Holds 58,500 net acres in the Mancos Shale play of the San Juan Basin, with infrastructure advantages and future development optionality.
Permian Basin assets include ~77,000 net acres, 2024 production of 7.0 MBoe/d (84% oil), and a base decline rate of ~6%.
Financial performance and policies
Distributed over $229 million to unitholders since IPO, with total per share distributions of $5.90.
Full-year development costs are budgeted to increase to ~$65 million.
Maintains a strong balance sheet, targeting a ~1.0x Net Debt/Adjusted EBITDAX multiple post-acquisitions.
All available cash is distributed to unitholders, leveraging the MLP structure to avoid double taxation.
Employs an opportunistic hedging strategy to manage commodity price risk and support consistent returns.
- TimeTickerHeadlineOpen
- 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
Next TXO Partners earnings date
Next TXO Partners earnings date
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