Welcome to our dedicated page for Txo Partners SEC filings (Ticker: TXO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The TXO Partners, L.P. (TXO) SEC filings page on Stock Titan provides access to the partnership’s regulatory disclosures as a publicly traded master limited partnership in the oil and gas sector. TXO’s common units representing limited partner interests are listed on the New York Stock Exchange and NYSE Texas, and the partnership files reports with the U.S. Securities and Exchange Commission that describe its operations, acquisitions, financing arrangements and governance.
Investors can review Current Reports on Form 8-K in which TXO reports material events. Recent 8-K filings have addressed items such as amendments to the senior secured credit facility, including increases to the borrowing base and extensions of the maturity date, as well as the completion of acquisitions of producing oil and gas assets in the Elm Coulee field in the Williston Basin. Other 8-K filings furnish press releases on quarterly distribution declarations and provide distribution outlooks, strategic perspectives and operational updates.
TXO also files Quarterly Reports on Form 10-Q, which include financial statements and related footnotes for specific quarters. These reports, referenced in the partnership’s press releases, give a structured view of TXO’s financial position and results of operations. In connection with acquisitions, TXO has filed or committed to file financial statements of the businesses acquired and unaudited pro forma condensed combined financial information as required by SEC rules, allowing readers to assess the impact of transactions on the partnership’s financial profile.
On this page, Stock Titan pairs real-time updates from the SEC’s EDGAR system with AI-powered summaries that explain the key points of lengthy filings in plain language. Users can quickly identify why a particular 8-K was filed, how a credit facility amendment changes borrowing capacity, or what an acquisition means for TXO’s asset base. This helps investors navigate complex documents while retaining the ability to open the full filing text for deeper review.
TXO Partners, L.P. director and Co-CEO/CFO Brent W. Clum reported an open-market sale of 27,234 Common Units at $12.38 per unit. According to the footnote, the units were sold solely to satisfy tax withholding obligations upon vesting of equity awards under a pre-arranged Rule 10b5-1 plan and pursuant to a mandatory sell-to-cover policy, rather than a discretionary trade. After this transaction, he directly holds 800,340 Common Units.
TXO Partners, L.P. Co-Chief Executive Officer Gary D. Simpson reported the sale of 27,234 common units at $12.38 per unit. The units were sold on April 1, 2026 solely to satisfy tax withholding obligations tied to vesting equity awards under a mandated "sell to cover" policy and a Rule 10b5-1 trading arrangement, meaning the sale was not a discretionary decision. After this transaction, Simpson directly holds 581,018 common units.
TXO Partners, L.P. director Keith A. Hutton reported a bona fide gift of 720,000 TXO units. These units were transferred to be held in trust for certain family members, with no sale price involved. Following the gift, he directly holds 4,100,215 units of TXO Partners, L.P.
TXO Partners, L.P. filed an amended annual report to add KPMG LLP’s Fort Worth, Texas location to the independent audit opinion; no other disclosures from the original filing were changed or updated.
For 2025, TXO reported total revenues of $401,012 (thousands) and a net loss of $21,619 (thousands). Cash provided by operating activities was $118,187 (thousands), while significant investing outflows reflected oil and gas acquisitions, including the White Rock Energy assets acquired for cash consideration of $331,600 (thousands) with a $70,000 (thousands) deferred payment. Long-term debt rose to $291,100 (thousands), total assets reached $1,354,903 (thousands), and cash distributions to common unitholders totaled $101,415 (thousands). The partnership’s standardized measure of discounted future net cash flows relating to proved reserves was $1,095,493 (thousands) at year-end, reflecting reserve additions, acquisitions in the Williston Basin, and commodity price-driven revisions.
TXO Partners, L.P. announced that Cross Timbers Energy, LLC, a joint venture in which it holds a 50% interest, has agreed to sell oil and gas properties for approximately $200 million in aggregate consideration to multiple private buyers. These sales, if completed, will represent substantially all of Cross Timbers’ assets, including a purchase and sale agreement with CTOC Energy, LLC for about $123.5 million. TXO expects to receive roughly $100 million in net proceeds and plans to use a portion to fund a $70 million deferred payment due July 31, 2026 for its 2025 acquisition from White Rock Energy, LLC. The transactions are expected to close in the second quarter of 2026, subject to customary closing conditions, and will leave TXO focused on the Williston Basin, San Juan Basin, and the Vacuum and Parker fields in the Permian Basin.
TXO Partners, L.P. is a conventional oil and gas partnership focused on the Permian, San Juan and Williston basins, emphasizing low-decline, producing assets and quarterly cash distributions. As of December 31, 2025, it held 1,294,761 gross acres and estimated proved reserves of 129 MMBoe, about 80% proved developed and 60% liquids.
Average 2025 production was 28,268 Boe per day, with revenues derived 70% from oil, 21% from natural gas and 9% from NGLs before unrealized hedging effects. TXO completed the $331.6 million WRE Acquisition in the Williston Basin and plans a roughly $70 million 2026 development budget, largely funded from operating cash flow.
Proved undeveloped reserves totaled 25.4 MMBoe, with $220.8 million of projected development spending scheduled from 2026 through 2030. The partnership highlights significant basin-specific drilling plans, extensive operated and non-operated well interests, a sizable Cross Timbers joint venture, and active hedging under its Credit Facility to help stabilize distributions amid commodity price volatility.
TXO Partners, L.P. declared a quarterly cash distribution of $0.30 per common unit for the quarter ended December 31, 2025. The distribution will be paid on March 17, 2026 to unitholders of record at the close of trading on March 10, 2026.
The company also stated it will file its Annual Report on Form 10-K for 2025, which will contain its full-year financial statements and footnotes. TXO highlighted growth in its Elm Coulee operations and ongoing focus on the Mancos, Williston and Permian basins.
For non-U.S. investors, TXO noted this notice qualifies under Treasury Regulations Section 1.1446-4(b) and that 100% of the distribution should be treated as effectively connected income and as in excess of cumulative net income, making it subject to U.S. federal withholding at the highest applicable effective tax rate, with brokers and nominees responsible for withholding.
TXO Partners, L.P. director J. Luther King Jr. reported an acquisition of 10,667 phantom common units on January 31, 2026, as a grant at a price of $0. Each phantom unit equals one common unit and will vest on January 31, 2027.
Following the award, he beneficially owned 751,111 common units directly. An additional 3,071,796 common units are reported as indirectly held through LKCM Investment Partnership, L.P., PDLP Morningstar, LLC, and a separately managed account advised by Luther King Capital Management Corporation, with Mr. King disclaiming beneficial ownership beyond his pecuniary interest.
TXO Partners, L.P. director William H. Adams III reported an award of additional equity-linked compensation. On January 31, 2026, he acquired 10,667 phantom units at a price of $0, increasing his beneficial ownership to 118,951 common units held directly.
Each phantom unit is economically equal to one common unit of TXO Partners and will be settled in common units when it vests. These phantom units are scheduled to vest on January 31, 2027, aligning the director’s compensation more closely with unitholder value over time.
TXO Partners, L.P. director Phillip R. Kevil reported a grant of 10,667 phantom units on January 31, 2026. These phantom units are economically equivalent to common units and will be settled in common units when they vest on January 31, 2027.
After this award, he beneficially owned 40,051 common units directly and 1,360 common units indirectly through his spouse.