Keith Hutton Files SC 13G on TXO Partners, L.P. Common Units

TL;DR

**Keith Hutton's SC 13G on TXO Partners is a routine disclosure, no big news for traders.**

AI Summary

Keith Hutton, a U.S. citizen, filed an SC 13G on February 9, 2024, indicating his beneficial ownership of Common Units in TXO Partners, L.P. (formerly TXO Energy Partners, L.P. and MorningStar Partners, L.P.) as of December 31, 2023. This filing is a routine disclosure under Rule 13d-1(d), signifying that Hutton is not an activist investor and holds less than 5% of the company's shares, or is an officer/director, which is important for investors to know that there isn't a new major institutional investor taking a large stake.

Why It Matters

This filing confirms Keith Hutton's beneficial ownership in TXO Partners, L.P. and signals that he is not an activist investor, providing transparency without indicating any immediate strategic shifts.

Risk Assessment

Risk Level: low — This is a routine disclosure filing (SC 13G under Rule 13d-1(d)) and does not indicate any significant new risks or changes in company control.

Analyst Insight

Smart investors should note this as a routine disclosure, confirming existing ownership without signaling new strategic moves or significant changes in control, and continue to monitor for more substantial filings.

Key Players & Entities

• Keith Hutton (person) — reporting person, U.S. citizen
• TXO Partners, L.P. (company) — subject company, issuer of Common Units
• MorningStar Partners, L.P. (company) — former name of TXO Partners, L.P.
• TXO Energy Partners, L.P. (company) — former name of TXO Partners, L.P.

FAQ

Filing Documents

• d744721dsc13g.htm (SC 13G) — 37KB
• 0001193125-24-030113.txt ( ) — 38KB

From the Filing

SC 13G 1 d744721dsc13g.htm SC 13G SC 13G Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to 240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to 240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )* TXO Partners, L.P. (Name of Issuer) Common Units (Title of Class of Securities) 87313P103 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 87313P103 Schedule 13G Page 1 of 4 1 Names of Reporting Persons Keith Hutton 2 Check the Appropriate Box if a Member of a Group (a)(b) 3 SEC Use Only 4 Citizenship or Place of Organization United States Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 3,122,215 6 Shared Voting Power 0 7 Sole Dispositive Power 3,122,215 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each Reporting Person 3,122,215 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 10.2% 12 Type of Reporting Person IN CUSIP No. 87313P103 Schedule 13G Page 2 of 4 ITEM1. (a) Name of Issuer: TXO Partners, L.P. (the Issuer). (b) Address of Issuers Principal Executive Offices: 400 West 7th Street, Fort Worth, TX 76102 ITEM2. (a) Name of Person Filing: This statement is filed on behalf of Keith Hutton (the Reporting Person). (b) Address or Principal Business Office: The business address of the Reporting Person is c/o TXO Partners, L.P., 400 West 7th Street, Fort Worth, TX 76102. (c) Citizenship of each Reporting Person is: The Reporting Person is a citizen of the United States. (d) Title of Class of Securities: Common Units (Common Units). (e) CUSIP Number: 87313P103 ITEM3. Not applicable. CUSIP No. 87313P103 Schedule 13G Page 3 of 4 ITEM4. Ownership. (a-c) The ownership information presented below represents beneficial ownership of Common Units of the Issuer as of December 31, 2023, based upon 30,750,000 shares of Common Units outstanding as of November 7, 2023, as disclosed in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2023. Reporting Person Amount beneficially owned Percent of class: Sole power to vote or to direct the vote: Shared power to vote or to direct the vote: Sole power to dispose or to direct the disposition of: Shared power to dispose or to direct the disposition of: Keith Hutton 3,122,215 10.2 % 3,122,215 0 3,122,215 0 The Reporting Person is the record holder of the shares of Common Units reported herein. ITEM5. Ownership of Five Percent or Less of a Class. Not applicable. ITEM6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. ITEM7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable. ITEM8. Identification and Classification of Members of the Group. Not applicable. ITEM9. Notice of Dissolution of Group. Not applicable. ITEM10. Certification. Not applicable. CUSIP No. 87313P103 Schedule 13G Page 4 of 4 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date : February 9, 2024 Keith Hutton /s/ Keith Hutton