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Home โบ Stocks โบ TXO Partners L.P. (TXO) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$16.95
+0.13 (0.77%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 3 Wall Street analysts, TXO has a bullish consensus with a median price target of $22.00 (ranging from $20.00 to $23.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $16.95, the median forecast implies a 29.8% upside. This outlook is supported by 3 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for TXO.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Jan 24, 2024 | Raymond James | John Freeman | Strong Buy | Maintains | $26.00 |
Jan 23, 2024 | Stifel | Derrick Whitfield | Buy | Maintains | $26.00 |
Nov 20, 2023 | Stifel | Derrick Whitfield | Buy | Maintains | $27.00 |
Aug 25, 2023 | Stifel | Derrick Whitfield | Buy | Maintains | $28.00 |
Jul 24, 2023 | Raymond James | John Freeman | Strong Buy | Maintains | $30.00 |
Apr 12, 2023 | Stifel | Derrick Whitfield | Buy | Maintains | $28.00 |
Feb 21, 2023 | Stifel | Derrick Whitfield | Buy | Initiates | $31.00 |
Feb 21, 2023 | Raymond James | John Freeman | Strong Buy | Initiates | $34.00 |
Feb 21, 2023 | Capital One | Phillips Johnston | Overweight | Initiates | $35.00 |
The following stocks are similar to MorningStar based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
TXO Partners L.P. has a market capitalization of $697.79M with a P/E ratio of 26.1x. The company generates $282.81M in trailing twelve-month revenue with a 8.3% profit margin.
Revenue growth is -2.9% quarter-over-quarter, while maintaining an operating margin of +6.2% and return on equity of +4.3%.
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Acquires and produces domestic oil and natural gas.
The company operates as a master limited partnership, generating revenue through the sale of oil, natural gas, and associated liquids. Its structure allows for pass-through taxation, making it appealing for investors seeking income through distributions.
TXO Partners L.P. plays a vital role in the energy sector by managing hydrocarbon assets and contributes to the supply chain for various industries. Its performance is influenced by global energy price fluctuations and demand, positioning it significantly within the North American energy landscape.
Energy
Oil & Gas E&P
201
Mr. Brent W. Clum
United States
2023
TXO Partners LP (TXO) closed at $16.92 in the latest trading session, marking a +0.36% move from the prior day.
Wall Street analysts' recommendations influence investor decisions and can impact stock prices, raising questions about their true significance in the market.
Wall Street analyst ratings influence stock prices and investor decisions, impacting market sentiment and potentially leading to significant price movements.
The IRS defines passive income as earnings from rental activities or investments where the individual does not materially participate.
The IRS definition of passive income impacts tax strategies for investors, influencing decisions on real estate and investments, potentially affecting cash flow and overall returns.
Investors favor ultra-high-yield dividend stocks for their substantial income potential and significant total return opportunities.
Ultra-high-yield dividend stocks attract investors seeking steady income and potential for substantial returns, influencing market demand and stock prices.
TXO Partners LP (TXO) closed at $19.40, reflecting a decline of 1.57% from the previous trading day.
TXO's decline of 1.57% signals potential volatility, which may affect investor sentiment and trading strategies. Price movements can impact future performance and investment decisions.
TXO Partners LP (TXO) closed at $19.55, up 1.3% from the previous trading session.
TXO's 1.3% increase indicates positive market sentiment, potentially attracting more investors and signaling confidence in the company's performance.
TXO Partners, L.P. announced CEO Bob R. Simpson will retire on April 1, 2025, while remaining Chairman. Gary D. Simpson and Brent W. Clum will become Co-CEOs.
Leadership changes can impact company strategy and performance. Bob R. Simpson's retirement and the promotion of new co-CEOs may signal shifts in management approach, affecting investor confidence and stock performance.
Based on our analysis of 3 Wall Street analysts, TXO Partners L.P. (TXO) has a median price target of $22.00. The highest price target is $23.00 and the lowest is $20.00.
According to current analyst ratings, TXO has 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $16.95. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict TXO stock could reach $22.00 in the next 12 months. This represents a 29.8% increase from the current price of $16.95. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates as a master limited partnership, generating revenue through the sale of oil, natural gas, and associated liquids. Its structure allows for pass-through taxation, making it appealing for investors seeking income through distributions.
The highest price target for TXO is $23.00 from at , which represents a 35.7% increase from the current price of $16.95.
The lowest price target for TXO is $20.00 from at , which represents a 18.0% increase from the current price of $16.95.
The overall analyst consensus for TXO is bullish. Out of 3 Wall Street analysts, 3 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $22.00.
Stock price projections, including those for TXO Partners L.P., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.