GBA Presents: House of Gummy-!

Ran across another good oil and gas idea>

TXO Company Profile
TXO

TXO Partners, L.P., an oil and natural gas company, focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. Its acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado. The company was formerly known as TXO Energy Partners, L.P. and changed its name to TXO Partners, L.P. in May 2023. TXO Partners, L.P. was incorporated in 2012 and is based in Fort Worth, Texas.
 
TXO Partners (NYSE:TXO) Trading Up 6.7% After Dividend Announcement

May 10, 2024

TXO Partners, L.P. (NYSE:TXO -) share price traded up 6.7% on Wednesday following a dividend announcement from the company. The company traded as high as $19.10 and last traded at $19.00. 81,516 shares changed hands during mid-day trading, an increase of 95% from the average session ZZZZZzzzzzzzzzvolume of 41,775 shares. The stock had previously closed at $17.81.
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The newly announced dividend which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 20th will be paid a $0.65 dividend. This is a positive change from TXO Partners's previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Friday, May 17th. This represents a $2.60 annualized dividend and a yield of 12.59%. TXO Partners's dividend payout ratio is presently -69.88%. :wtf:

TXO Partners Price Performance
The company has a 50-day moving average of $18.47 and a 200-day moving average of $18.20. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market capitalization of $634.99 million, a price-to-earnings ratio of -6.22 and a beta of -0.18.

TXO Partners (NYSE:TXO -) last released its quarterly earnings results on Tuesday, March 5th. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.72. TXO Partners had a negative net margin of 27.31% and a positive return on equity of 6.89%. The company had revenue of $91.97 million during the quarter, compared to analysts' expectations of $70.76 million. As a group, research analysts anticipate that TXO Partners, L.P. will post 1.34 EPS for the current fiscal year.

In the last ninety days, insiders sold 117,878 shares of company stock valued at $2,149,284.

Hedge Funds Weigh In On TXO Partners
Hedge funds have recently made changes to their positions in the business. Raymond James & Associates grew its position in TXO Partners by 1.3% in the third quarter. Raymond James & Associates now owns 259,653 shares of the company's stock valued at $5,274,000 after purchasing an additional 3,331 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in shares of TXO Partners in the 3rd quarter valued at about $206,000. Venturi Wealth Management LLC increased its position in shares of TXO Partners by 64.3% in the third quarter. Venturi Wealth Management LLC now owns 2,300 :pshares of the company's stock valued at $47,000 after acquiring an additional 900 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in TXO Partners during the fourth quarter worth about $690,000. Finally, King Luther Capital Management Corp boosted its position in TXO Partners by 0.6% during the fourth quarter. King Luther Capital Management Corp now owns 2,591,530 shares of the company's stock valued at $47,114,000 after purchasing an additional 15,000 shares during the last quarter. 27.44% of the stock is owned by institutional investors.

TXO Partners Company Profile

TXO Partners, L.P., an oil and natural gas company, focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. Its acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado.
 
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12% in a stock that likely will not go down if oil remains high./

Not a bad find. I'll dig some more next week. We have to buy by Friday May 17th to get the Divvy~~~~~~~

HAVE A GREAT MOTHER'S DAY EVERYONE!!!!
TXO TXO Partners, L.P.
$20.65 0.80 (+4.03%)4:00 PM 05/10/24
 
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stonedinvestor said:
AI-discovered drugs have an 80%–90% success rate: study

What study?

and how many could there be it's such a new field....

couple questions but I was told by a very smart dude at the bar who knew AI shit--> He said Bio will really benefit even as AI kills us in other ways.... I believe him
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I was telling people this 10 years ago... hell I even got lucky and found a post on ET I penned about it in 2018.

vanzandt said:
Advances in biotech take years and years to come fruition. While we've been walking around enjoying these supercomputers in our hands, scientists have been at work using technological power that was unavailable to them as little as 15 years ago. I think we are on the cusp.... slowly but surely the fruits of their labors will begin to hit the mainstream collective.
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Stick with VZ Stoney. Seeing things that will happen long before they do is a "born with" gift. It can't be learned. Elon has it. Simon's had it. Rick Rubin has it. Me, I just post thoughts my thoughts on ET. If being a billionaire was in the cards for me, it would have happened long before now. I'm just lazy, these other cats aren't.
 
stonedinvestor said:
You can't do that-- Lamb Wesson is another soar spot for Van he'll never come back now.

Told me to buy at $108 and it went to $80 in a blink. I found the post. If you want Van back you have to talk about PANW. He loves that name. Or the ad agency I forget the symbol AJG I think. Those are his only two ups if they are still up. Maybe SNAP but he bought alot at $16. So you never know.

This is a case of the community needs to help Van and I want to help Van. We can't bring up these flame outs like LAMB-- THE round trips he's become known for. LETS SUPPORT VAN!!!!
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:rolleyes:
Totally different stock.
I swear, sometimes you sound like an idiot. Lamb Wesson is LW

BTW.... Lamb Wesson... don't lie... I called this thing out at $57 and it went nothing but STRAIGHT UP.

vanzandt said:
$57's a steal.
Get it.
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SNAP---- screamed to buy at $10.50
AJG----ditto at $220 ---> (an ad company?!!! Dude you've written about it a dozen times. Wtf is wrong with your brain?)

You'll never be a savant being jealous and lying. You should learn to embrace and not envy... you'll go much farther in life. You still have a few more good years ahead.
~vz
____________________________

EDIT!!!!

LMAO.... I just noticed the post below the LW post I quoted above....

stonedinvestor said:
saupload_8181b6825dba3454be078df0690bba8b.png
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---->SONOS is $16 now.
Another 50% loser haircut for anyone that listened.

42 in a row lol? Do you ever get tired of being made to look stupid (and jealous)? Just curious. Whatever. The readers know. :rolleyes:
 
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