secwatch.observer — SEC 8-K summary
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Issuer:     TXO Partners, L.P. (TXO)
CIK:        0001559432
Form:       8-K/A
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001193125-24-257262
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TXO Partners closes acquisition of Williston Basin assets for $241.8M cash and $50M units
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- EMEP H1 2024 net loss $5.1M vs net income $18.1M in H1 2023; revenue $28.3M vs $37.9M.
- EMEP incurred $10.3M impairment in H1 2024 and has $48.4M in debt.
- TXO paid $241.8M cash and 2.5M common units valued at $50.0M, subject to customary adjustments.
- Pro forma financials filed for periods ended June 30, 2024 and Dec 31, 2023.
- Acquisition closed Aug 30, 2024; assets located in Williston Basin of Montana and North Dakota.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1559432/000119312524257262/0001193125-24-257262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1559432/000119312524257262/d650596d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-257262

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