Rankings
▼
Calendar
TXO (TXO Partners, L.P.) Stock Financials & Earnings | Market Cap Arena
TXO
TXO Partners, L.P.
Mkt Cap
$674M
Energy
·
Oil & Gas Exploration & Production
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$411M
Net Income (TTM)
-$22M
EPS (TTM)
-$0.43
Free Cash Flow (TTM)
-$145M
Gross Margin
10.6%
Op. Margin
5.4%
Net Margin
-5.3%
FCF Margin
-35.3%
P/S Ratio (TTM)
1.6x
P/E Ratio (TTM)
—
YoY Rev Growth
+45.5%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$158M
$112M
$79M
Q2 23
$60M
$10M
-$9M
Q3 23
$70M
$24M
$4M
Q4 23
$92M
$46M
-$198M
Q1 24
$67M
$24M
$3M
Q2 24
$57M
$11M
-$10M
Q3 24
$69M
-$2M
-$5M
Q4 24
$89M
$30M
$6M
Q1 25
$84M
$21M
-$4M
Q2 25
$90M
$25M
-$4M
Q3 25
$101M
$53M
$4M
Q4 25
$136M
-$55M
$26M
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
1.6x
4.8x
Q2 23
1.8x
5.9x
Q3 23
2.0x
10.0x
Q4 23
1.8x
—
Q1 24
2.3x
—
Q2 24
2.4x
—
Q3 24
2.4x
—
Q4 24
2.4x
28.7x
Q1 25
2.2x
43.1x
Q2 25
2.0x
53.0x
Q3 25
1.8x
40.0x
Q4 25
1.6x
—
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$17M
$16M
Q2 23
$18M
$12M
Q3 23
$24M
$22M
Q4 23
$17M
$17M
Q1 24
$25M
$25M
Q2 24
$23M
-$7M
Q3 24
$21M
-$211M
Q4 24
$41M
$37M
Q1 25
$31M
$30M
Q2 25
$27M
-$7M
Q3 25
$28M
-$207M
Q4 25
$32M
$38M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$1M
Q2 23
$6M
Q3 23
$3M
Q4 23
$461K
Q1 24
$180K
Q2 24
$30M
Q3 24
$232M
Q4 24
$3M
Q1 25
$307K
Q2 25
$34M
Q3 25
$235M
Q4 25
$6M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+1760.7%
+32.1%
Q2 23
-34.9%
-4.3%
Q3 23
-42.1%
-6.5%
Q4 23
+117.1%
+317.9%
Q1 24
-57.4%
-18.6%
Q2 24
-5.2%
-2.6%
Q3 24
-1.6%
+12.5%
Q4 24
-2.9%
-71.1%
Q1 25
+25.0%
+35.8%
Q2 25
+56.8%
+38.8%
Q3 25
+46.8%
+31.8%
Q4 25
+52.7%
+31.9%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$0
0.0%
Q2 23
$0
0.0%
Q3 23
$0
0.0%
Q4 23
$0
0.0%
Q1 24
$0
0.0%
Q2 24
$0
0.0%
Q3 24
$0
0.0%
Q4 24
$0
0.0%
Q1 25
$0
0.0%
Q2 25
$0
0.0%
Q3 25
$0
0.0%
Q4 25
$3M
2.5%
marketcaparena.com
OpEx Breakdown
G&A
S&M
Quarter
G&A
S&M
Q1 23
$2M
—
Q2 23
$1M
—
Q3 23
$2M
—
Q4 23
$3M
—
Q1 24
$3M
—
Q2 24
$5M
—
Q3 24
$3M
—
Q4 24
$4M
—
Q1 25
$2M
—
Q2 25
$9M
—
Q3 25
$5M
$91K
Q4 25
$5M
—
marketcaparena.com
Revenue Segments
Natural Gas
Natural Gas Liquids
Oil and Condensate
Quarter
Natural Gas
Natural Gas Liquids
Oil and Condensate
Q1 23
$100M
$9M
$50M
Q2 23
$6M
$7M
$48M
Q1 24
$23M
$7M
$41M
Q3 24
$12M
—
$56M
Q1 25
$23M
—
$62M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$7M
$0
$7M
Q2 23
$4M
$0
$4M
Q3 23
$6M
$0
$6M
Q4 23
$5M
$0
$5M
Q1 24
$5M
$0
$5M
Q2 24
$76M
$0
$76M
Q3 24
$4M
$0
$4M
Q4 24
$7M
$0
$7M
Q1 25
$11M
$0
$11M
Q2 25
$8M
$0
$8M
Q3 25
$5M
$0
$5M
Q4 25
$9M
$0
$9M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
29M
-1.1%
Q2 23
31M
+4.8%
Q3 23
31M
+1.7%
Q4 23
31M
-1.4%
Q1 24
31M
+1.9%
Q2 24
32M
+0.9%
Q3 24
40M
+25.6%
Q4 24
39M
-2.1%
Q1 25
42M
+7.3%
Q2 25
48M
+15.3%
Q3 25
56M
+15.7%
Q4 25
50M
-10.8%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 20
—
—
FY 21
—
—
FY 22
$1M
191
FY 23
$2M
189
FY 24
$1M
209
FY 25
$2M
231
marketcaparena.com
