TXO Partners Files Q1 2025 10-Q
Ticker: TXO · Form: 10-Q · Filed: 2025-05-01T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, oil-and-gas, financials, reserves
TL;DR
TXO Partners Q1 2025 10-Q is in. Check financials and reserves.
AI Summary
TXO Partners, L.P. filed its 10-Q for the period ending March 31, 2025. The filing covers the first quarter of 2025 and provides financial and operational details for the company, which is involved in crude petroleum and natural gas extraction. Key financial data and reserve information for oil, natural gas, and natural gas liquids are presented for the current and prior year periods.
Why It Matters
This filing provides investors with the latest financial performance and operational data for TXO Partners, L.P., crucial for understanding the company's current standing in the energy sector.
Risk Assessment
Risk Level: medium — As a company in the volatile oil and gas sector, its financial performance is subject to significant market fluctuations and regulatory changes.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
- 2025-05-01 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
- 2024-12-31 — Prior Year End Date (Provides a comparison point for financial performance from the end of the previous fiscal year.)
Key Players & Entities
- TXO Partners, L.P. (company) — Filer of the 10-Q
- 20250331 (date) — End of reporting period
- 20250501 (date) — Filing date
- 400 WEST 7TH STREET, FORT WORTH, TX 76102 (address) — Company business and mailing address
- 817-334-7800 (phone_number) — Company business phone number
FAQ
What were the reported reserve quantities for natural gas as of March 31, 2025?
The filing indicates reserve data for 'srt:NaturalGasReservesMember' for the period ending March 31, 2025, but specific quantities are not detailed in the provided header information.
What is the company's primary industry classification?
TXO Partners, L.P. is classified under 'CRUDE PETROLEUM & NATURAL GAS [1311]'.
When did the company change its name from TXO Energy Partners, L.P.?
The company changed its name from TXO Energy Partners, L.P. on January 31, 2023.
What is the fiscal year end for TXO Partners, L.P.?
The fiscal year end for TXO Partners, L.P. is December 31.
What is the SEC file number for TXO Partners, L.P.?
The SEC file number for TXO Partners, L.P. is 001-41605.
From the Filing
0001559432-25-000062.txt : 20250501 0001559432-25-000062.hdr.sgml : 20250501 20250501161433 ACCESSION NUMBER: 0001559432-25-000062 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250501 DATE AS OF CHANGE: 20250501 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 EIN: 320368858 STATE OF INCORPORATION: X1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-41605 FILM NUMBER: 25903272 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 10-Q 1 txo-20250331.htm 10-Q txo-20250331 0001559432 --12-31 2025 Q1 false 50 50 50 50 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure txo:representative txo:vote utr:D utr:bbl utr:D iso4217:USD utr:bbl utr:gal utr:D iso4217:USD utr:gal utr:MMBTU utr:D iso4217:USD utr:MMBTU txo:segment 0001559432 2025-01-01 2025-03-31 0001559432 2025-05-01 0001559432 2025-03-31 0001559432 2024-12-31 0001559432 us-gaap:OilAndCondensateMember 2025-01-01 2025-03-31 0001559432 us-gaap:OilAndCondensateMember 2024-01-01 2024-03-31 0001559432 srt:NaturalGasLiquidsReservesMember 2025-01-01 2025-03-31 0001559432 srt:NaturalGasLiquidsReservesMember 2024-01-01 2024-03-31 0001559432 srt:NaturalGasReservesMember 2025-01-01 2025-03-31 0001559432 srt:NaturalGasReservesMember 2024-01-01 2024-03-31 0001559432 2024-01-01 2024-03-31 0001559432 2023-12-31 0001559432 2024-03-31 0001559432 us-gaap:CommonStockMember 2024-12-31 0001559432 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001559432 us-gaap:CommonStockMember 2025-03-31 0001559432 us-gaap:CommonStockMember 2023-12-31 0001559432 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001559432 us-gaap:CommonStockMember 2024-03-31 0001559432 txo:UnincorporatedJointVentureMember 2025-03-31 0001559432 txo:RepresentativeMember 2025-03-31 0001559432 txo:RepresentativeMember txo:UnincorporatedJointVentureMember 2025-03-31 0001559432 txo:RepresentativeMember txo:TXOEnergyPartnersMember 2025-03-31 0001559432 txo:CrossTimbersEnergyMember 2025-03-31 0001559432 txo:EMEPAcquisitionMember 2024-08-01 2024-08-31 0001559432 txo:EMEPAcquisitionMember 2024-08-31 0001559432 txo:KFOCAcquisitionMember 2024-08-01 2024-08-31 0001559432 txo:KFOCAcquisitionMember 2024-08-31 0001559432 txo:EMEPAcquisitionMember 2025-01-01 2025-03-31 0001559432 us-gaap:RelatedPartyMember txo:CrossTimbersEnergyMember txo:ManagementFeesMember 2025-01-01 2025-03-31 0001559432 us-gaap:RelatedPartyMember txo:CrossTimbersEnergyMember txo:ManagementFeesMember 2024-01-01 2024-03-31 0001559432 txo:November2021CreditFacilityMember us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember 2025-03-31 0001559432 txo:November2021CreditFacilityMember us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember 2024-12-31 0001559432 txo:September2016LoanMember us-gaap:UnsecuredDebtMember 2025-03-31 0001559432 txo:September2016LoanMember us-gaap:UnsecuredDebtMember 2024-12-31 0001559432 txo:November2021CreditFacilityMember us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember 2021-11-01 0001559432 txo:November2021CreditFacilityMember us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember 2024-08-30 0001559432 2021-11-01 2021-11-01 0001559432 txo:November2021CreditFacilityMember us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember us-gaap:SecuredOvernightFinancingRateSofrMember srt:MinimumMember 2021-11-01 2021-11-01 0001559432 txo:November2021CreditFacilityMember us-gaap:SecuredDebtMember us-gaap:LineOfCreditMember us-gaap:SecuredOvernightFinancingRat