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TXO Partners, L.P. (NYSE: TXO) declared a distribution of $0.65 per common unit for the first quarter of 2024, showcasing strong performance in the energy sector. The quarterly distribution will be paid on May 29, 2024. TXO continues to focus on managing cash flow effectively, maintaining a long-term vision and allocating capital to high-return areas within its portfolio. With a $25 million development budget aimed at flat production in 2024, the company remains poised for growth as commodity prices improve.
