---
schema_version: "secwatch.filing_event.v1"
accession: "0001559432-24-000051"
form_type: "8-K"
ticker: "TXO"
cik: "0001559432"
company_name: "TXO Partners, L.P."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:20:15.622995+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TXO Partners appoints Gary Simpson President of Production and Development; declares $0.58/unit Q3 distribution

## Summary
- Gary D. Simpson appointed President of Production and Development, succeeding Keith Hutton; Hutton becomes Executive Vice President.
- Quarterly distribution of $0.58 per common unit declared, payable Nov 22, 2024 to holders of record Nov 15, 2024.
- Williston Basin asset acquisition closed late August; early economic returns positive, benefits expected in upcoming quarter.
- Capital expenditures guided to ~$20 million for remainder of 2024; focus on Texas, New Mexico, and Montana properties in 2025.

## SEC filing metadata
- accession: 0001559432-24-000051
- form_type: 8-K
- ticker: TXO
- cik: 0001559432
- company_name: TXO Partners, L.P.
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559432/000155943224000051/0001559432-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559432/000155943224000051/txo-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001559432-24-000051
- JSON: https://secwatch.observer/filing/0001559432-24-000051.json
- Plain text: https://secwatch.observer/filing/0001559432-24-000051.txt

## Key facts
- Executive change
  Gary D. Simpson was appointed as President of Production and Development at TXO Partners, L.P..
  - Action: appointed
  - Role: President of Production and Development
  source text: On November 5, 2024, TXO Partners, L.P. (the “Partnership”) announced the appointment of Gary. D. Simpson as the Partnership’s President of Production and Development, effective as of November 5, 2024, succeeding Keith A. Hutton.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1559432/000155943224000051/0001559432-24-000051-index.htm
- Executive change
  Keith A. Hutton changed role as Executive Vice President at TXO Partners, L.P..
  - Role: Executive Vice President
  source text: Effective November 5, 2024, Mr. Hutton, will serve as Executive Vice President of the General Partner and will continue to serve as a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1559432/000155943224000051/0001559432-24-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.