secwatch.observer — SEC 8-K summary
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Issuer:     TXO Partners, L.P. (TXO)
CIK:        0001559432
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001559432-24-000051
Event type: leadership
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1559432/000155943224000051/0001559432-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1559432/000155943224000051/txo-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001559432-24-000051

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