Highest-materiality recent filing
TXO closes ~$200M Cross Timbers asset sale; nets ~$100M for debt reduction
Cross Timbers Energy, JV (TXO 50%), sold oil/gas properties for ~$200M aggregate consideration.
TXO Partners' Cross Timbers JV sells oil & gas assets for $200M; TXO expects ~$100M net
Cross Timbers Energy (50% TXO JV) executes purchase agreements for ~$200M; TXO expects ~$100M net proceeds.
TXO closes $338.6M Williston Basin acquisition; provides historical financials of White Rock assets
Acquisition of Williston Basin producing oil and gas assets from White Rock Energy closed July 31, 2025.
TXO Partners expects $0.35-$0.40 quarterly distribution; Bakken well flows 1,024 BOE/d
Distribution outlook for remainder of 2025: $0.35 to $0.40 per common unit per quarter.
Acquired producing oil and gas assets in Elm Coulee field (MT/ND) from White Rock Energy for $338.6M cash; $70M deferred to July 31, 2026.
TXO Partners prices 11.7M-unit public offering at $15/unit, net proceeds ~$165.3M for acquisition
Offering of 11,666,667 common units at $15.00/unit; gross proceeds $175M, net ~$165.3M after discounts.
TXO Partners acquires White Rock Elm Coulee assets for $350M; launches $175M equity offering
TXO to pay $350M cash ($70M deferred 1 yr) for Williston Basin assets; North Hudson takes 30% non-op interest for total $475M.
TXO CEO Bob R. Simpson resigns as CEO effective April 1; remains Chairman; co-CEOs appointed
Bob R. Simpson resigns as CEO of TXO Partners GP, LLC effective Apr 1, 2025; stays as Chairman of the Board.
TXO declares Q4 distribution $0.61/unit; targets FY2025 distribution >$2.45/unit
Q4 distribution of $0.61 per common unit; payable March 21, 2025, record March 14, 2025.
TXO Partners announces 3 Tcfe natural gas potential in Mancos Shale
Identified 58,500 contiguous acres held by production in Mancos Shale; total potential of ~3 Tcfe of natural gas.
TXO Partners closes acquisition of Williston Basin assets for $241.8M cash and $50M units
EMEP H1 2024 net loss $5.1M vs net income $18.1M in H1 2023; revenue $28.3M vs $37.9M.
Gary D. Simpson appointed President of Production and Development, succeeding Keith Hutton; Hutton becomes Executive Vice President.
TXO Partners completes $241.8M Williston Basin acquisition; credit facility raised to $275M
Acquired oil & gas assets in Elm Coulee (MT) and Russian Creek (ND) for $241.8M cash plus 2.5M common units.
TXO Partners prices upsized public offering of 6.5M common units at $20/unit
Offering of 6,500,000 common units at $20.00 each, upsized from 5,000,000 units.
TXO Partners to acquire Williston Basin assets for $243M cash + 2.5M units; launches public offering
Acquires producing assets from Eagle Mountain Energy Partners and Kaiser-Francis for $243M cash plus 2.5M common units; expected close Q3 2024.
On March 31, 2025, the Board appointed Lawrence S. Massaro to serve as a member of the board of directors (the “ Board ”) of TXO Partners GP, LLC (the “ General Partner ”), the general partner of TXO Partners, L.P. (the “ Partnership ”), effective April 1, 2025.
On March 19, 2025, in connection with the resignation of Bob R. Simpson, the Board appointed Brent W. Clum and Gary D. Simpson to serve as Co-Chief Executive Officers, effective April 1, 2025.
On March 19, 2025, in connection with the resignation of Bob R. Simpson, the Board appointed Brent W. Clum and Gary D. Simpson to serve as Co-Chief Executive Officers, effective April 1, 2025.
On March 19, 2025, the Board appointed Gary D. Simpson to serve as a member of the Board of the General Partner, effective April 1, 2025.
On March 19, 2025, Bob R. Simpson resigned from his position as Chief Executive Officer of TXO Partners GP, LLC (the “General Partner”), the general partner of TXO Partners, L.P. (the “Partnership”), effective April 1, 2025.
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.
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.
Max materiality 0.90 · Median 0.65 · Most common event m_and_a