---
schema_version: "secwatch.filing_event.v1"
accession: "0001559432-25-000066"
form_type: "8-K"
ticker: "TXO"
cik: "0001559432"
company_name: "TXO Partners, L.P."
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T15:43:24.800090+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# TXO Partners acquires White Rock Elm Coulee assets for $350M; launches $175M equity offering

## Summary
- TXO to pay $350M cash ($70M deferred 1 yr) for Williston Basin assets; North Hudson takes 30% non-op interest for total $475M.
- Deal expected Q3 2025; adds ~6,800 boe/d (93% liquids) and 25,000 Mboe proved developed reserves per Cawley Gillespie.
- TXO launches $175M common unit offering (underwriters option for +$26.25M) to fund cash portion; not conditioned on closing.
- If acquisition fails, offering proceeds will repay revolving credit facility; proceeds otherwise used for general partnership purposes.

## SEC filing metadata
- accession: 0001559432-25-000066
- form_type: 8-K
- ticker: TXO
- cik: 0001559432
- company_name: TXO Partners, L.P.
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559432/000155943225000066/0001559432-25-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559432/000155943225000066/txo-20250513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001559432-25-000066
- JSON: https://secwatch.observer/filing/0001559432-25-000066.json
- Plain text: https://secwatch.observer/filing/0001559432-25-000066.txt

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