Business
TXO Partners Declares a First Quarter 2025 Distribution of $0.61 on Common Units; Files Quarterly Report on Form 10-Q
FORT WORTH, Texas, May 01, 2025--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.61 per common unit for the quarter ended March 31, 2025. The quarterly distribution will be paid on May 23, 2025, to eligible unitholders of record as of the close of trading on May 16, 2025.
About this update from Txo Partners, L.p.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/c5d063ffb9a1b00e6846717e332431c1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bqYsrNEzIR7wdx1cSAr3pg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTk2MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/c5d063ffb9a1b00e6846717e332431c1","width":480,"height":480}},"lazy":false},{"type":"text","content":"FORT WORTH, Texas, May 01, 2025--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.61 per common unit for the quarter ended March 31, 2025. The quarterly distribution will be paid on May 23, 2025, to eligible unitholders of record as of the close of trading on May 16, 2025.","length":369,"tagName":"p"},{"type":"text","content":""With the greater uncertainty in the general markets, TXO Partners is focused on providing our investors with a sense of confidence through a durable distribution and a disciplined balance sheet," stated Gary D. Simpson, Co-Chief Executive Officer. "For the first quarter, TXO enjoyed steady operations while delivering $0.61 per unit to the owners. Looking ahead, we remain committed to our vision of value creation and healthy economic returns."","length":467,"tagName":"p"},{"type":"text","content":"Brent W. Clum, Co-Chief Executive Officer, continues, "Given the Company’s tight scope of operations across the Permian, San Juan and Williston basins, our development teams are adept at managing high-margin properties, with the ability to maneuver in any market environment. We are focused on maintaining prudent capital investments as we handle the current fluctuations in commodity prices. Importantly, our long-lived, resource-rich assets offer valuable opportunities to both add reserves and support production volumes."","length":535,"tagName":"p"},{"type":"text","content":"Quarterly Report on Form 10-Q","length":29,"tagName":"p"},{"type":"text","content":"TXO's financial statements and related footnotes will be available in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which TXO will file with the Securities and Exchange Commission (SEC) today. The 10-Q will be a...