{"schema_version":"secwatch.filing_event.v1","accession":"0001559432-26-000002","form_type":"8-K","ticker":"TXO","cik":"0001559432","company_name":"TXO Partners, L.P.","filed_at":"2026-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.428449+00:00","generated_at":"2026-05-15T16:37:17.956265+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TXO Partners' Cross Timbers JV sells oil & gas assets for $200M; TXO expects ~$100M net","bullets":["Cross Timbers Energy (50% TXO JV) executes purchase agreements for ~$200M; TXO expects ~$100M net proceeds.","Buyer CTOC Energy is owned by family of Chairman Bob R. Simpson; Board and Conflicts Committee unanimously approved.","TXO to use proceeds to pay $70M deferred payment for 2025 White Rock Energy acquisition due July 31, 2026.","Transactions expected to close Q2 2026; operations to focus on Williston, San Juan, and Permian basins."],"urls":{"canonical":"https://secwatch.observer/filing/0001559432-26-000002","json":"https://secwatch.observer/filing/0001559432-26-000002.json","markdown":"https://secwatch.observer/filing/0001559432-26-000002.md","text":"https://secwatch.observer/filing/0001559432-26-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1559432/000155943226000002/0001559432-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1559432/000155943226000002/txo-20260310.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T16:37:17.956265+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"71033c38ddaef23e82c65bd709ebea7dcae42354","claim":"TXO Partners, L.P. entered into Purchase Agreement with CTOC Energy, LLC valued at approximately $123.5 million in aggregate consideration (effective 2026-03-10).","evidence_excerpt":"On March 10, 2026, Cross Timbers Energy, LLC (“Cross Timbers”), a joint venture in which TXO Partners, L.P. (the “Partnership”) holds a 50% interest, announced that it has executed purchase and sale agreements with multiple private buyers to sell oil and gas properties totaling approximately $200 million in aggregate consideration (collectively, the “Cross Timbers Transactions”), including a purchase and sale agreement (the “Purchase Agreement”) with CTOC Energy, LLC (“CTOC”) for approximately $123.5 million in aggregate consideration.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1559432/000155943226000002/0001559432-26-000002-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"CTOC Energy, LLC"},{"label":"Value","value":"approximately $123.5 million in aggregate consideration"},{"label":"Effective","value":"2026-03-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}