# TXO Partners, L.P.: overview TXO · NYSE · CIK 1559432 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/txo.md) · [Financials](/companies/txo/financials.md) · [Filings](/companies/txo/filings.md) · [Insiders](/companies/txo/insiders.md) Latest reported revenue: [$134.4m](/filings/0001559432-26-000014.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001559432-26-000014). ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [69.3](/filings/0001559432-25-000108.md) | [90.6 d](/filings/0001559432-26-000005.md) | [93.8](/filings/0001193125-26-204137.md) | [75.0](/filings/0001559432-26-000014.md) | [90.6](/filings/0001559432-25-000108.md) | [104 d](/filings/0001559432-26-000005.md) | [120](/filings/0001193125-26-204137.md) | [134](/filings/0001559432-26-000014.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [(7.2%)](/filings/0001559432-25-000108.md) | [6.1% d](/filings/0001559432-26-000005.md) | [(3.8%)](/filings/0001193125-26-204137.md) | [(5.0%)](/filings/0001559432-26-000014.md) | [4.2%](/filings/0001559432-25-000108.md) | [(26.1%) d](/filings/0001559432-26-000005.md) | [(64.9%)](/filings/0001193125-26-204137.md) | [42.9%](/filings/0001559432-26-000014.md) | | Net margin | % | [0.3%](/filings/0001559432-25-000108.md) | [11.3% d](/filings/0001559432-26-000005.md) | [2.6%](/filings/0001193125-26-204137.md) | [(0.2%)](/filings/0001559432-26-000014.md) | [4.8%](/filings/0001559432-25-000108.md) | [(27.2%) d](/filings/0001559432-26-000005.md) | [(62.2%)](/filings/0001193125-26-204137.md) | [45.2%](/filings/0001559432-26-000014.md) | | Diluted EPS | $ per share | [0.01](/filings/0001559432-25-000108.md) | not reported | [0.06](/filings/0001193125-26-204137.md) | [0.00](/filings/0001559432-26-000014.md) | [0.08](/filings/0001559432-25-000108.md) | not reported | [(1.35)](/filings/0001193125-26-204137.md) | [1.07](/filings/0001559432-26-000014.md) | | Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY (2021-12-31) | FY (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [219](/filings/0001559432-24-000011.md) | [450](/filings/0001559432-25-000035.md) | [358](/filings/0001559432-26-000005.md) | [285](/filings/0001559432-26-000005.md) | [363](/filings/0001559432-26-000005.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [20.1%](/filings/0001559432-24-000011.md) | [(5.7%)](/filings/0001559432-25-000035.md) | [(34.6%)](/filings/0001559432-26-000005.md) | [(2.4%)](/filings/0001559432-26-000005.md) | [(8.4%)](/filings/0001559432-26-000005.md) | | Net margin | % | [23.9%](/filings/0001559432-24-000011.md) | [(1.7%)](/filings/0001559432-25-000035.md) | [(29.1%)](/filings/0001559432-26-000005.md) | [8.2%](/filings/0001559432-26-000005.md) | [(6.0%)](/filings/0001559432-26-000005.md) | | Diluted EPS | $ per share | [2.10](/filings/0001559432-24-000011.md) | [(0.31)](/filings/0001559432-25-000035.md) | [(3.44)](/filings/0001559432-26-000005.md) | [0.65](/filings/0001559432-26-000005.md) | [(0.43)](/filings/0001559432-26-000005.md) | | Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/txo/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [KING LUTHER CAPITAL MANAGEMENT CORP](/funds/310051.md) | 2026-06-30 | $38.4m | 3,071,796 | | Unchanged | | [Energy Income Partners, LLC](/funds/1388814.md) | 2026-06-30 | $20.5m | 1,636,522 | | Added +187,494 | | [CIBC Bancorp USA Inc.](/funds/1711924.md) | 2026-06-30 | $18.5m | 1,476,663 | | Reduced −574,006 | | [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $18.0m | 1,442,480 | | Reduced −43,845 | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $10.9m | 873,595 | | Reduced −166,832 | | [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $6.7m | 536,246 | | Reduced −207,814 | | [ING GROEP NV](/funds/1039765.md) | 2026-06-30 | $6.7m | 532,000 | | Added +28,000 | | [CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT](/funds/1329375.md) | 2026-06-30 | $6.6m | 531,000 | | Reduced −50,000 | | [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $6.2m | 497,275 | | Reduced −20,322 | | [STIFEL FINANCIAL CORP](/funds/720672.md) | 2026-06-30 | $4.6m | 369,957 | | Added +34,644 | ## Recent filings [All 201 filings](/companies/txo/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-04 | 16:20 ET | [8-K](/filings/0001559432-26-000015.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001559432-26-000015 | | 2026-08-04 | 16:18 ET | [10-Q](/filings/0001559432-26-000014.md) | Quarterly report, period 2026-06-30 | 0001559432-26-000014 | | 2026-06-04 | 16:30 ET | [SCHEDULE 13D/A](/filings/0001193125-26-257508.md) | Ownership report, active investor, amended | 0001193125-26-257508 | | 2026-05-28 | 16:31 ET | [8-K](/filings/0001559432-26-000007.md) | 2.01 Completion of an acquisition or disposition; 9.01 Financial statements and exhibits | 0001559432-26-000007 | | 2026-05-22 | 16:15 ET | [SCHEDULE 13D/A](/filings/0001193125-26-236919.md) | Ownership report, active investor, amended | 0001193125-26-236919 | | 2026-05-04 | 16:38 ET | [10-Q](/filings/0001193125-26-204137.md) | Quarterly report, period 2026-03-31 | 0001193125-26-204137 | | 2026-05-04 | 16:36 ET | [8-K](/filings/0001193125-26-204131.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-204131 | | 2026-03-26 | 18:25 ET | [10-K/A](/filings/0001559432-26-000005.md) | Annual report, amended, period 2025-12-31 | 0001559432-26-000005 | | 2026-03-10 | 17:03 ET | [8-K](/filings/0001559432-26-000002.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001559432-26-000002 | | 2026-02-26 | 16:23 ET | [10-K](/filings/0001193125-26-076813.md) | Annual report, period 2025-12-31 | 0001193125-26-076813 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-076813.md), filed Feb 26, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/ec8a6e46-393e-4e8e-a4d8-4d3ce5224a15) ## About the filer - CIK: 1559432 - Tickers: TXO - Exchange: NYSE - SIC code: 1311 Crude Petroleum & Natural Gas - State of incorporation: X1 - Filer category:
Emerging growth company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:42 ET. No prices; not investment advice.