TXO Partners L.P (NYSE: TXO) is 15.14% higher on its value in year-to-date trading and has touched a low of $15.22 and a high of $23.56 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TXO stock was last observed hovering at around $18.59 in the last trading session, with the day’s gains setting it 0.8%.
Currently trading at $19.39, the stock is 13.08% and 10.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 4.30% at the moment leaves the stock 1.02% off its SMA200. TXO registered 3.58% gain for a year compared to 6-month loss of -8.45%. The firm has a 50-day simple moving average (SMA 50) of $17.4908 and a 200-day simple moving average (SMA200) of $19.1945.
The stock witnessed a 20.73% gain in the last 1 month and extending the period to 3 months gives it a 1.25%, and is 11.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.36% over the week and 4.35% over the month.
TXO Partners L.P (TXO) has around 189 employees, a market worth around $793.31M and $259.66M in sales. Fwd P/E is 13.19. Profit margin for the company is -69.49%. Distance from 52-week low is 27.39% and -17.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-23.24%).
with sales reaching $85.93M over the same period.The EPS is expected to grow by 151.45% this year, but quarterly earnings will post -26.61% year-over-year. Quarterly sales are estimated to shrink -6.57% in year-over-year returns.
TXO Partners L.P (TXO) Top Institutional Holders
53.0 institutions hold shares in TXO Partners L.P (TXO), with institutional investors hold 30.70% of the company’s shares. The shares outstanding are 40.91M, and float is at 31.41M with Short Float at 0.03%. Institutions hold 24.22% of the Float.
TXO Partners L.P (TXO) Insider Activity
The most recent transaction is an insider purchase by ADAMS WILLIAM H III, the company’s Director. SEC filings show that ADAMS WILLIAM H III bought 14,000 shares of the company’s common stock on Dec 30 ’24 at a price of $16.93 per share for a total of $0.24 million. Following the purchase, the insider now owns 92784.0 shares.
TXO Partners L.P disclosed in a document filed with the SEC on Dec 18 ’24 that HUTTON KEITH A (Director) bought a total of 60,000 shares of the company’s common stock. The trade occurred on Dec 18 ’24 and was made at $16.04 per share for $0.96 million. Following the transaction, the insider now directly holds 4.1 million shares of the TXO stock.
Still, SEC filings show that on Dec 17 ’24, HUTTON KEITH A (Director) acquired 40,000 shares at an average price of $15.64 for $0.63 million. The insider now directly holds 4,040,215 shares of TXO Partners L.P (TXO).
