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.
TXO Partners, L.P. filings document the reporting obligations of a publicly traded Delaware limited partnership engaged in oil and natural gas production. The company’s regulatory records cover quarterly distribution announcements, operating and financial results, investor-presentation disclosures furnished under Regulation FD, and periodic reports containing financial statements and related footnotes.
Material-event filings also describe credit-facility amendments, completed producing-asset acquisitions, acquired-business financial statement requirements, partnership capital-structure matters, shareholder voting items, and governance matters involving the board of directors of the general partner. The filings frame TXO’s disclosure around common units, cash distributions, producing properties, reserve-development strategy, financing arrangements, and risks associated with its energy-production partnership model.
TXO Partners, L.P. received an amended Schedule 13D from investor Bob R. Simpson, updating his ownership position in the partnership’s common units.
Simpson now beneficially owns 7,950,000 common units, representing 14.3% of the class, with sole voting and dispositive power over all of these units. The percentage is based on 55,446,407 common units outstanding as reported by the issuer.
From May 7, 2026 to May 20, 2026, Simpson purchased an additional 1,200,000 common units in open‑market transactions for aggregate consideration of approximately $15.3 million, using personal funds. Annex A in the filing lists transaction dates, amounts and weighted average prices.
TXO Partners, L.P. director and major unitholder Bob R. Simpson reported two open-market purchases of common units. On May 18, 2026, he bought 58,251 common units at a weighted average price of $13.1687 per unit, across multiple trades between $13.25 and $13.42. On May 20, 2026, he bought an additional 90,152 common units at a weighted average price of $13.3514, in trades ranging from $12.86 to $13.50. Following these purchases, he directly holds 7,950,000 common units of TXO Partners, L.P.
TXO Partners, L.P. director and ten percent owner Bob R. Simpson reported a series of open-market purchases of Common Units. On May 13, he bought 85,525 units at a weighted average price of $12.9808 per unit. On May 14, he purchased 64,475 units at a weighted average price of $13.0153. On May 15, he acquired 151,597 units at a weighted average price of $12.9464. After these transactions, Simpson directly owns 7,801,597 Common Units. The filing notes each day’s price reflects a weighted average across multiple trades within disclosed price ranges.
TXO Partners, L.P. director William H. Adams III reported an open-market purchase of 10,000 Common Units of TXO on May 8, 2026. The units were bought at a weighted average price of $12.4117 per unit, with individual trade prices ranging from $12.35 to $12.48. Following this transaction, Adams directly owns 128,951 Common Units, indicating a larger personal stake in the partnership.
TXO Partners, L.P. director and 10% owner Bob R. Simpson reported three open-market purchases of Common Units. He bought a total of 750,000 units between May 7 and May 11 at weighted average prices per unit between about $12.43 and $12.67. After these transactions, he directly owns 7,500,000 Common Units.
TXO Partners, L.P. reported a sharp swing to a net loss of $74.3 million for the three months ended March 31, 2026, compared with net income of $2.4 million a year earlier. Total revenues fell to $28.3 million from $84.3 million, driven largely by derivative losses of $91.3 million, including $75.6 million of unrealized hedge losses, even as production volumes rose 25% to 2.9 MMboe.
Cash generation remained solid, with cash provided by operating activities increasing to $33.4 million and Adjusted EBITDAX rising to $44.1 million. Cash available for distribution was essentially flat at $29.2 million, supporting a declared quarterly distribution of $0.36 per common unit.
TXO is reshaping its asset base through Cross Timbers Energy divestitures. Three sale agreements totaling about $200 million of gross consideration are expected to yield roughly $100 million in net proceeds to the partnership, of which two tranches have already closed for about $8.2 million and $30.8 million. Management plans to use part of these proceeds to fund the $70.0 million deferred payment on the 2025 White Rock Energy acquisition due July 31, 2026.
At quarter-end, TXO held total assets of $1.32 billion, long-term debt of $277.1 million (including $270.0 million drawn on its credit facility) and an asset retirement obligation of $225.0 million. The credit facility’s borrowing base is $410 million, leaving $140.0 million of availability, and the partnership states it was in compliance with all covenants and believes it has adequate liquidity for at least the next twelve months.
TXO Partners, L.P. declared a cash distribution of $0.36 per common unit for the quarter ended March 31, 2026. The distribution is payable on May 22, 2026 to unitholders of record as of the close of trading on May 15, 2026.
Management highlights strong first-quarter operations in the Williston Basin, with 2025 development performing above expectations and a 2026 capital plan of about $70 million, with more than 80% directed to Williston development. The partnership notes strong cost discipline, a full hedge position in 2026, and expects this cash generation to support a robust 2027 while remaining on track to close previously announced divestitures in the second quarter.
The company also posted an updated investor presentation and will file its Form 10-Q for the quarter ended March 31, 2026, making detailed financials available to investors.
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.