TXO · XBRL financial data
TXO Partners financial statements, every fiscal year
The same tables from 4 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (TXO's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Revenue | 381 | 283 | 401 |
| Revenue from contracts with customers | 358 | 285 | 363 |
| General and administrative | 8 | 15 | 21 |
| Total operating expenses | 504 | 290 | 432 |
| Operating income (loss) | (124) | (7) | (31) |
| Interest income | 0 | 1 | 1 |
| Interest expense | 4 | 8 | 17 |
| Net income (loss) | (104) | 23 | (22) |
| Earnings per share, basic USD per share | (3.44) | 0.66 | (0.43) |
| Earnings per share, diluted USD per share | (3.44) | 0.65 | (0.43) |
| Weighted average shares, basic millions of shares | 30 | 36 | 50 |
| Weighted average shares, diluted millions of shares | 30 | 36 | 50 |
Balance sheet
CSVFiscal years (TXO's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Cash and cash equivalents | 5 | 7 | 9 |
| Accounts receivable | 32 | 40 | 52 |
| Total current assets | 55 | 64 | 95 |
| Property and equipment, net | 629 | 951 | 1,241 |
| Total assets | 696 | 1,031 | 1,355 |
| Accounts payable | 9 | 18 | 28 |
| Accrued liabilities | 23 | 39 | 46 |
| Total current liabilities | 39 | 66 | 154 |
| Total liabilities and equity | 696 | 1,031 | 1,355 |
| Common shares outstanding (cover page) millions of shares | 31 | 41 | 55 |
Cash flows
CSVFiscal years (TXO's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Net income (loss) | (104) | 23 | (22) |
| Stock-based compensation | 3 | 6 | 16 |
| Depreciation and amortization | 44 | 52 | 97 |
| Net cash from operating activities | 77 | 109 | 118 |
| Net cash from investing activities | (46) | (288) | (335) |
| Proceeds from long-term debt | 86 | 251 | 406 |
| Repayments of long-term debt | 178 | 122 | 272 |
| Net cash from financing activities | (36) | 182 | 219 |
| Net change in cash | (5) | 3 | 2 |
Compare with peers
SIC 1311 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 1311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| TXO Partners | 8.6 | 113 | 34* | 55.4M | — | 10-QSep 30, 2026 |
| Vitesse Energy | 0.7 | 83 | 39* | 42.1M | — | 10-QSep 30, 2026 |
| Tamboran Resources | 219 | 0* | (7.6)* | 35.0M | 29.0 quarters | 10-KJun 30, 2026 |
| BKV | 152 | 322 | 110* | 109.4M | — | 10-QJun 30, 2026 |
| Mach Natural Resources | 41 | 406 | 154* | 166.9M | — | 10-QJun 30, 2026 |
| Tetra Technologies | 84 | 168 | 8.8* | 148.4M | — | 10-QSep 30, 2026 |
| Berry Corp (bry) | 13 | 156 | 55* | 77.6M | — | 10-QSep 30, 2025 |
| Kosmos Energy | 104 | 410 | 164* | 595.6M | — | 10-QSep 30, 2026 |
| Granite Ridge Resources | 44 | 149 | 56* | 131.9M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.