TXO Partners reported FY 2025 total revenues of USD 401.0 million, up 42% year over year, including oil and condensate sales of USD 283.2 million, natural gas sales of USD 85.7 million and natural gas liquids sales of USD 32.1 million. The partnership posted a FY 2025 net loss of USD 21.6 million and an operating loss of USD 30.6 million. Adjusted EBITDAX was USD 142.1 million and cash available for distribution was USD 54.8 million (both FY 2025). Net cash provided by operating activities was USD 118.2 million, while net cash used in investing activities was USD 335.3 million and net cash provided by financing activities was USD 219.2 million (all FY 2025). FY 2025 production totaled 10,318 MBoe (28 MBoe/day), with oil and condensate volumes of 4,174 MBbls, NGL volumes of 1,497 MBbls and natural gas volumes of 27,884 MMcf. Average realized prices excluding derivatives were USD 61.58/Bbl for oil, USD 21.45/Bbl for NGLs and USD 2.65/Mcf for natural gas (FY 2025). TXO Partners recorded a FY 2025 impairment of long-lived assets of USD 42.4 million tied to Permian Basin assets within the Cross Timbers joint venture, which it attributed primarily to lower oil prices and higher costs; the impairment followed February 2026 agreements to dispose of certain Cross Timbers assets, with expected aggregate proceeds of about USD 40 million and anticipated closings in Q2 2026. On capital structure and liquidity, TXO Partners ended FY 2025 with USD 284.0 million of borrowings outstanding under its credit facility and USD 126.0 million of remaining availability, and disclosed a USD 70.0 million deferred payment related to the WRE Acquisition due July 31, 2026. The partnership also highlighted its May 2025 equity offering, which generated net proceeds of about USD 165.6 million plus an additional USD 23.9 million from the underwriters’ option, used to fund part of the WRE Acquisition. TXO Partners said its Q4 2025 distribution was USD 0.30 per unit, declared February 26, 2026 and payable March 17, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXO Partners LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-076813), on February 26, 2026, and is solely responsible for the information contained therein.