TXO Q1 2023 Earnings — TXO Partners, L.P. Revenue & Financial Results | Market Cap Arena

TXOTXO Partners, L.P.

$674M

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$158M+1760.7% YoY

Gross Profit

$112M70.8% margin

Operating Income

$79M49.8% margin

Net Income

$84M52.9% margin

EPS (Diluted)

$2.86

QoQ Revenue Growth

+273.9%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$16M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$907M

Total Liabilities

$199M

Stockholders' Equity

$709M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$158M	-$10M	+1760.7%
Gross Profit	$112M	-$44M	+352.9%
Operating Income	$79M	-$70M	+212.9%
Net Income	$84M	-$66M	+227.8%

Revenue Segments

Natural Gas

$100M63%

Oil and Condensate

$50M31%

Natural Gas Liquids

$9M6%