TXO
Price:
$12.5025
Market Cap:
$684.94M
TXO Energy Partners, L.P. engages in the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. As of July 31, 2022, it had working interest in the 850,009 gross acres located in the United States primarily in the San Juan Basin of New Mexico and Colorado, and the Permian Basin of West Texas and New Mexico. The company was founded in 2012 and is based in Fort Worth, Texas.
Industry
Oil & Gas Exploration & Production
IPO Date
2023-01-27
Stock Exchange
NYSE
Ticker
TXO
According to TXO Partners, L.P.’s latest financial reports and current stock price. The company's current Current Ratio is 0.97. This represents a change of -1.67% compared to the average of 0.99 of the last 4 quarters.
The mean historical Current Ratio of TXO Partners, L.P. over the last ten years is 1.34. The current 0.97 Current Ratio has changed 7.18% with respect to the historical average. Over the past ten years (40 quarters), TXO's Current Ratio was at its highest in in the June 2024 quarter at 3.26. The Current Ratio was at its lowest in in the December 2022 quarter at 0.50.
Average
1.34
Median
1.41
Minimum
0.50
Maximum
2.18
Discovering the peaks and valleys of TXO Partners, L.P. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 181.06%
Maximum Annual Current Ratio = 2.18
Minimum Annual Increase = -68.99%
Minimum Annual Current Ratio = 0.50
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.97 | -31.14% |
| 2023 | 1.41 | 181.06% |
| 2022 | 0.50 | -68.99% |
| 2021 | 1.62 | -25.82% |
The current Current Ratio of TXO Partners, L.P. (TXO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.96
5-year avg
1.34
10-year avg
1.34
TXO Partners, L.P.’s Current Ratio is less than Granite Ridge Resources, Inc (1.41), greater than Kosmos Energy Ltd. (0.52), greater than Riley Exploration Permian, Inc. (0.64), greater than Vital Energy, Inc. (0.78), greater than Vitesse Energy, Inc. (0.85), less than Teekay Corporation (5.62), greater than HighPeak Energy, Inc. (0.87), greater than CrossAmerica Partners LP (0.71), less than Precision Drilling Corporation (1.01), less than Borr Drilling Limited (1.28),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.41 | $709.41M | |
| 0.52 | $540.51M | |
| 0.64 | $615.95M | |
| 0.78 | $739.36M | |
| 0.85 | $840.76M | |
| 5.62 | $804.06M | |
| 0.87 | $720.94M | |
| 0.71 | $786.43M | |
| 1.01 | $937.79M | |
| 1.28 | $1.02B |
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