4,265 Shares in TXO Partners, L.P. (NYSE:TXO) Acquired by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB bought a new position in TXO Partners, L.P. (NYSE:TXO) during the 4th quarter, Holdings Channel reports. The institutional investor bought 4,265 shares of the company’s stock, valued at approximately $72,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Childress Capital Advisors LLC purchased a new stake in TXO Partners in the fourth quarter worth approximately $423,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in TXO Partners by 28.2% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 50,000 shares of the company’s stock worth $842,000 after purchasing an additional 11,000 shares during the last quarter. Merit Financial Group LLC purchased a new stake in TXO Partners in the fourth quarter worth approximately $505,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in TXO Partners by 109.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,916 shares of the company’s stock worth $150,000 after purchasing an additional 4,664 shares during the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in TXO Partners in the fourth quarter worth approximately $654,000. Hedge funds and other institutional investors own 27.44% of the company’s stock.

Insider Transactions at TXO Partners

In other news, CAO Scott T. Agosta sold 5,775 shares of TXO Partners stock in a transaction on Friday, January 31st. The shares were sold at an average price of $18.59, for a total transaction of $107,357.25. Following the transaction, the chief accounting officer now owns 159,498 shares in the company, valued at $2,965,067.82. This trade represents a 3.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Keith A. Hutton purchased 60,000 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were acquired at an average price of $16.04 per share, for a total transaction of $962,400.00. Following the purchase, the director now directly owns 4,100,215 shares in the company, valued at approximately $65,767,448.60. The trade was a 1.49 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 75,500 shares of company stock worth $1,223,690 in the last 90 days.

TXO Partners Trading Down 0.1 %

Shares of TXO stock opened at $19.03 on Friday. TXO Partners, L.P. has a 12-month low of $15.22 and a 12-month high of $23.56. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.25. The firm’s 50 day moving average is $18.52 and its 200 day moving average is $17.81. The stock has a market capitalization of $778.35 million, a P/E ratio of -3.20 and a beta of 0.19.

About TXO Partners

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.