TXO Partners, L.P. Announces Board and Officer Changes

Ticker: TXO · Form: 8-K · Filed: 2025-03-20T00:00:00.000Z

Sentiment: neutral

Topics: management-change, corporate-governance, disclosure

TL;DR

TXO Partners reshuffled its board and execs, filed an 8-K.

AI Summary

On March 19, 2025, TXO Partners, L.P. filed an 8-K report detailing changes in its board of directors and executive officers. The filing includes the election of new directors and the appointment of certain officers, along with information regarding compensatory arrangements for these individuals. The report also covers Regulation FD disclosures and financial statements.

Why It Matters

Changes in a company's leadership and board composition can signal shifts in strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing is a routine corporate disclosure of leadership changes and does not indicate immediate financial distress or significant operational shifts.

Key Players & Entities

FAQ

What specific changes were made to the board of directors and executive officers of TXO Partners, L.P. on March 19, 2025?

The 8-K filing indicates the election of new directors and the appointment of certain officers, though specific names are not detailed in the provided excerpt.

What is the significance of the 'Regulation FD Disclosure' mentioned in the filing?

Regulation FD (Fair Disclosure) ensures that material non-public information is broadly disseminated to the public, preventing selective disclosure to certain investors.

What information is typically included in the 'Financial Statements and Exhibits' section of an 8-K filing?

This section usually contains audited financial statements, pro forma information, and other exhibits relevant to the reported event.

What was the former name of TXO Partners, L.P. and when did the name change occur?

TXO Partners, L.P. was formerly known as TXO Energy Partners, L.P. and changed its name on January 31, 2023.

What is the Standard Industrial Classification (SIC) code for TXO Partners, L.P. and what does it represent?

The SIC code is 1311, which corresponds to Crude Petroleum & Natural Gas, indicating the company's primary industry.

From the Filing

0001559432-25-000038.txt : 20250320 0001559432-25-000038.hdr.sgml : 20250320 20250319175257 ACCESSION NUMBER: 0001559432-25-000038 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250319 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250320 DATE AS OF CHANGE: 20250319 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TXO Partners, L.P. CENTRAL INDEX KEY: 0001559432 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 320368858 STATE OF INCORPORATION: X1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41605 FILM NUMBER: 25753908 BUSINESS ADDRESS: STREET 1: 400 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-334-7800 MAIL ADDRESS: STREET 1: 400 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: TXO Energy Partners, L.P. DATE OF NAME CHANGE: 20230131 FORMER COMPANY: FORMER CONFORMED NAME: MorningStar Partners, L.P. DATE OF NAME CHANGE: 20121002 8-K 1 txo-20250319.htm 8-K txo-20250319 0001559432 FALSE 0001559432 2025-03-19 2025-03-19 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): March 19, 2025 TXO Partners, L.P. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 001-41605 (Commission File Number) 32-0368858 (IRS Employer Identification No.) 400 West 7th Street , Fort Worth , Texas (Address of principal executive offices) 76102 (Zip Code) ( 817 ) 334-7800 Registrant’s telephone number, including area code N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)  ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))  ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))  Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Units representing limited partner interests TXO New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Resignation of Bob R. Simpson as Chief Executive Officer On March 19, 2025, Bob R. Simpson resigned from his position as Chief Executive Officer of TXO Partners GP, LLC (the “General Partner”), the general partner of TXO Partners, L.P. (the “Partnership”), effective April 1, 2025. H

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