---
schema_version: "secwatch.filing_event.v1"
accession: "0001559432-26-000007"
form_type: "8-K"
ticker: "TXO"
cik: "0001559432"
company_name: "TXO Partners, L.P."
filed_at: "2026-05-28T20:31:39+00:00"
generated_at: "2026-05-28T20:34:40.786220+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TXO closes ~$200M Cross Timbers asset sale; nets ~$100M for debt reduction

## Summary
- Cross Timbers Energy, JV (TXO 50%), sold oil/gas properties for ~$200M aggregate consideration.
- TXO netted ~$100M from its 50% stake; proceeds to pay down Credit Facility debt.
- Sale included ~$123.5M CTOC transaction; CTOC owned by Chairman Bob R. Simpson (related party).
- Pro forma 2025 net income of $28.5M vs. historical $(21.6M), boosted by removing $42.4M impairment.
- Pro forma assets drop to $1.16B from $1.32B; debt reduced to $177M from $277M.

## SEC filing metadata
- accession: 0001559432-26-000007
- form_type: 8-K
- ticker: TXO
- cik: 0001559432
- company_name: TXO Partners, L.P.
- filed_at: 2026-05-28T20:31:39+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559432/000155943226000007/0001559432-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559432/000155943226000007/txo-20260528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001559432-26-000007
- JSON: https://secwatch.observer/filing/0001559432-26-000007.json
- Plain text: https://secwatch.observer/filing/0001559432-26-000007.txt

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