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. filed an amended current report to add detailed financial information related to a recently closed acquisition of producing oil and gas assets. The acquisition was completed on July 31, 2025 by its wholly owned subsidiary Morningstar Operating LLC, together with North Hudson Resource Partners, L.P., buying assets in the Elm Coulee field in Montana and North Dakota from White Rock Energy, LLC.
The amendment provides unaudited and audited statements of revenues and direct operating expenses for White Rock Energy for the six months ended June 30, 2025 and 2024 and for the years ended December 31, 2024 and 2023. It also includes unaudited pro forma condensed combined financial information for TXO Partners as of June 30, 2025 and for the six-month and full-year periods, showing how the acquisition would have affected the partnership’s financials.
TXO Partners, L.P. furnished a current report outlining that on October 6, 2025 it issued a press release covering its 2025 distribution outlook, strategic perspective and an operational update. The partnership is using this report to make that information broadly available to the market under Regulation FD. The press release is attached as an exhibit and incorporated by reference for investors who want the detailed discussion of future distributions and operating plans.
Global Endowment Management, LP (GEM) and Stephanie S. Lynch report beneficial ownership of 2,686,017 common units of TXO Partners, L.P., representing approximately 4.9% of the outstanding common units as of June 30, 2025. The filing states the calculation uses about 54,784,292 common units outstanding based on the issuer's May 2025 public offering and the underwriters' option exercise.
The reporting persons hold no sole voting or dispositive power and report shared voting and shared dispositive power over the 2,686,017 units. The units are held for accounts of GEF-DTOE, Inc. and GEF-PUE, LP; GEM controls those investment decisions and Ms. Lynch controls GEM.
TXO Partners, L.P. — Q2 2025 condensed summary
For the three months ended June 30, 2025, TXO reported total revenues of $89.879 million (Q2 2024: $57.308 million) and a net loss of $0.135 million (Q2 2024: net income $2.808 million). Six‑month net income was $2.281 million (six months 2024: $13.075 million). Adjusted EBITDAX was $27.509 million for Q2 and $68.485 million for the six months; Cash Available for Distribution was $18.766 million (Q2) and $48.113 million (six months).
- Balance sheet highlights: cash and cash equivalents $7.953 million; total assets $1,046.68 million; partners' capital $753.024 million as of June 30, 2025.
- Debt and financing: long‑term debt reduced to $19.1 million from $157.1 million at 12/31/24; completed public offering in May 2025 with net proceeds ~$189.5 million.
- Acquisitions and subsequent events: entered purchase agreement for White Rock Energy assets for $338.6 million (deposit $34.8 million); WRE Acquisition closed July 31, 2025; Credit Facility borrowing base increased to $410 million (Amendment No.5 dated July 31, 2025).
- Notable liabilities: asset retirement obligation total $196.553 million (June 30, 2025).
TXO Partners entered Amendment No. 5 to its senior secured credit facility, which increased the borrowing base from $275 million to $410 million, extended the facility maturity to August 30, 2029, and joined certain new lenders to the facility.
The Partnership completed the acquisition from White Rock Energy of producing oil and gas assets in the Elm Coulee field for $338.6 million in cash, including a $70.0 million deferred payment due July 31, 2026; the purchase is subject to customary purchase price adjustments. Financial statements for the acquired business will be filed by amendment within 71 calendar days. The Partnership also issued a press release declaring its quarterly distribution for the second quarter of 2025 and posted an investor presentation on its website.