$TXO
TXO Partners, L.P. Stock $txo

$txo Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000155943224000020 Filed on May 07, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$57.31M	$67.44M
YoY Change	-5.23%	-57.42%
Cost Of Revenue	$36.44M	$33.08M
YoY Change	-7.41%	-6.34%
Gross Profit	$20.87M	$34.36M
YoY Change	-1.17%	-72.09%
Gross Profit Margin	36.42%	50.94%
Selling, General & Admin	$4.591M	$2.654M
YoY Change	323.52%	19.44%
% of Gross Profit	22.0%	7.72%
Research & Development	$71.00K	$123.0K
YoY Change	343.75%	83.58%
% of Gross Profit	0.34%	0.36%
Depreciation & Amortization	$10.33M	$10.52M
YoY Change	-10.49%	-3.85%
% of Gross Profit	49.51%	30.61%
Operating Expenses	$67.42M	$64.73M
YoY Change	-2.65%	-18.65%
Operating Profit	-$10.11M	$2.705M
YoY Change	15.18%	-96.57%
Interest Expense	-$927.0K	$976.0K
YoY Change	-250.0%	-32.18%
% of Operating Profit		36.08%
Other Income/Expense, Net	$12.92M	$7.562M
YoY Change	107.34%	51.79%
Pretax Income	$2.808M	$10.27M
YoY Change	-210.29%	-87.75%
Income Tax
% Of Pretax Income
Net Earnings	$2.808M	$10.27M
YoY Change	-210.29%	-87.75%
Net Earnings / Revenue	4.9%	15.22%
Basic Earnings Per Share	$0.09	$0.33
Diluted Earnings Per Share	$0.09	$0.33
COMMON SHARES
Basic Shares Outstanding	30.94M shares	30.75M shares
Diluted Shares Outstanding	31.71M shares	31.43M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$76.00M	$4.570M
YoY Change	1611.69%	-36.95%
Cash & Equivalents	$76.00M	$4.570M
Short-Term Investments
Other Short-Term Assets	$12.52M	$13.47M
YoY Change	20.64%	-5.31%
Inventory
Prepaid Expenses
Receivables	$28.51M	$30.72M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$117.0M	$53.93M
YoY Change	133.89%	-13.35%
LONG-TERM ASSETS
Property, Plant & Equipment	$647.6M	$623.8M
YoY Change	-23.03%	-25.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$9.940M	$10.53M
YoY Change	3.92%	2.21%
Total Long-Term Assets	$657.5M	$634.3M
YoY Change	-22.73%	-24.92%
TOTAL ASSETS
Total Short-Term Assets	$117.0M	$53.93M
Total Long-Term Assets	$657.5M	$634.3M
Total Assets	$774.5M	$688.2M
YoY Change	-14.03%	-24.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$8.829M	$7.659M
YoY Change	-9.84%	-49.69%
Accrued Expenses	$22.93M	$25.14M
YoY Change	-13.64%	-10.05%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$35.84M	$39.72M
YoY Change	-32.41%	-37.09%
LONG-TERM LIABILITIES
Long-Term Debt	$7.100M	$26.10M
YoY Change	-66.35%	267.61%
Other Long-Term Liabilities	$158.8M	$156.6M
YoY Change	14.46%	22.11%
Total Long-Term Liabilities	$158.8M	$156.6M
YoY Change	14.46%	22.11%
TOTAL LIABILITIES
Total Short-Term Liabilities	$35.84M	$39.72M
Total Long-Term Liabilities	$158.8M	$156.6M
Total Liabilities	$194.6M	$196.4M
YoY Change	1.5%	2.58%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$572.8M	$465.7M
YoY Change
Total Liabilities & Shareholders Equity	$774.5M	$688.2M
YoY Change	-14.03%	-24.13%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$2.808M	$10.27M
YoY Change	-210.29%	-87.75%
Depreciation, Depletion And Amortization	$10.33M	$10.52M
YoY Change	-10.49%	-3.85%
Cash From Operating Activities	$22.89M	$25.20M
YoY Change	24.35%	46.93%
INVESTING ACTIVITIES
Capital Expenditures	$35.47M	$3.015M
YoY Change	118.94%	-75.65%
Acquisitions
YoY Change
Other Investing Activities	$5.000K
YoY Change	-100.03%
Cash From Investing Activities	-$35.47M	-$3.015M
YoY Change	118.91%	-75.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$12.00M
YoY Change		-92.0%
Cash From Financing Activities	84.01M	-$22.12M
YoY Change	-1776.87%	228.93%
NET CHANGE
Cash From Operating Activities	22.89M	$25.20M
Cash From Investing Activities	-35.47M	-$3.015M
Cash From Financing Activities	84.01M	-$22.12M
Net Change In Cash	71.43M	$65.00K
YoY Change	-2643.77%	-103.32%
FREE CASH FLOW
Cash From Operating Activities	$22.89M	$25.20M
Capital Expenditures	$35.47M	$3.015M
Free Cash Flow	-$12.59M	$22.18M
YoY Change	-671.62%	365.23%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	txo	Payments To Acquire Proved Oil And Gas Property PaymentsToAcquireProvedOilAndGasProperty	232000	usd
CY2024Q1	us-gaap	Revenues Revenues	67439000	usd
CY2023Q1	us-gaap	Revenues Revenues	158399000	usd
CY2024Q1	txo	Production Expense ProductionExpense	33083000	usd
CY2023Q1	txo	Production Expense ProductionExpense	35324000	usd
CY2024Q1	us-gaap	Exploration Expense ExplorationExpense	123000	usd
CY2023Q1	us-gaap	Exploration Expense ExplorationExpense	67000	usd
CY2024Q1	txo	Taxes Transportation And Other Expense TaxesTransportationAndOtherExpense	15573000	usd
CY2023Q1	txo	Taxes Transportation And Other Expense TaxesTransportationAndOtherExpense	28903000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10517000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10938000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	2784000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	2118000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2654000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2222000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	64734000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	79572000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2705000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	78827000	usd
CY2024Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	8413000	usd
CY2023Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	6314000	usd
CY2024Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	125000	usd
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	107000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	976000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	1439000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	7562000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4982000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	10267000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	83809000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.91
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.86
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30800000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28783000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31425000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	29328000	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	10267000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	83809000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10517000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10938000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	2784000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	2118000	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1054000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	15056000	usd
CY2024Q1	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	396000	usd
CY2023Q1	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	80438000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1141000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	639000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-241000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-180000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	411000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-14959000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	25197000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	17149000	usd
CY2024Q1	txo	Payments To Acquire Proved Oil And Gas Property PaymentsToAcquireProvedOilAndGasProperty	0	usd
CY2024Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	2835000	usd
CY2023Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	11278000	usd
CY2024Q1	txo	Payments To Acquire Unproved Oil And Gas Property PaymentsToAcquireUnprovedOilAndGasProperty	37000	usd
CY2023Q1	txo	Payments To Acquire Unproved Oil And Gas Property PaymentsToAcquireUnprovedOilAndGasProperty	53000	usd
CY2024Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	143000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	818000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3015000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12381000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	10000000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	37000000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	12000000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	150000000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	usd
CY2023Q1	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	106277000	usd
CY2024Q1	txo	Proceeds From Sale Of Units To Cover Withholding Taxes ProceedsFromSaleOfUnitsToCoverWithholdingTaxes	187000	usd
CY2023Q1	txo	Proceeds From Sale Of Units To Cover Withholding Taxes ProceedsFromSaleOfUnitsToCoverWithholdingTaxes	0	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	851000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
CY2024Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2000	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1000	usd
CY2024Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	19451000	usd
CY2023Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-22117000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-6724000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	65000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1956000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4505000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9204000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4570000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7248000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2100000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-20527000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	1071000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	2948000	usd
CY2024Q1	txo	Increase Decrease In Current Liabilities IncreaseDecreaseInCurrentLiabilities	-1087000	usd
CY2023Q1	txo	Increase Decrease In Current Liabilities IncreaseDecreaseInCurrentLiabilities	-2313000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-353000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-307000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	411000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-14959000	usd
CY2023Q4	us-gaap	Partners Capital PartnersCapital	473798000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	10267000	usd
CY2024Q1	us-gaap	Partners Capital Account Unit Based Compensation PartnersCapitalAccountUnitBasedCompensation	1141000	usd
CY2024Q1	us-gaap	Partners Capital Account Sale Of Units PartnersCapitalAccountSaleOfUnits	827000	usd
CY2024Q1	txo	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Withholding Taxes Paid On Vesting ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWithholdingTaxesPaidOnVesting	851000	usd
CY2024Q1	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	19451000	usd
CY2024Q1	us-gaap	Partners Capital PartnersCapital	465731000	usd
CY2022Q4	us-gaap	Partners Capital PartnersCapital	521537000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	83809000	usd
CY2023Q1	us-gaap	Partners Capital Account Public Sale Of Units PartnersCapitalAccountPublicSaleOfUnits	102540000	usd
CY2023Q1	us-gaap	Partners Capital Account Unit Based Compensation PartnersCapitalAccountUnitBasedCompensation	639000	usd
CY2023Q1	us-gaap	Partners Capital Account Exchanges And Conversions PartnersCapitalAccountExchangesAndConversions	0	usd
CY2023Q1	us-gaap	Partners Capital PartnersCapital	708525000	usd
CY2024Q1	txo	Equity Method Investment Representative Voting Interests EquityMethodInvestmentRepresentativeVotingInterests	1	vote
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	26100000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	28100000	usd
CY2021Q4	txo	Debt Instrument Covenant Hedge Threshold Minimum Period Scenario One DebtInstrumentCovenantHedgeThresholdMinimumPeriodScenarioOne	P24M
CY2021Q4	txo	Debt Instrument Covenant Hedge Threshold Minimum Period Scenario Two DebtInstrumentCovenantHedgeThresholdMinimumPeriodScenarioTwo	P12M
CY2023Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	153972000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	203000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	2784000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	156553000	usd
CY2024Q1	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	1750000	usd
CY2024Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	154803000	usd
CY2024Q1	txo	Related Party Transaction Notice Period For Repayment Number Of Business Days RelatedPartyTransactionNoticePeriodForRepaymentNumberOfBusinessDays	2	d
CY2024Q1	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	396000	usd
CY2023Q1	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	80438000	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-658000	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	95494000	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1054000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	15056000	usd
CY2023Q1	us-gaap	Revenues Revenues	158399000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	10267000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30800000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2024Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	usd
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	625000	shares
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	10267000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31425000	shares
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	83809000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28783000	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.91
CY2023Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	usd
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	545000	shares
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	83809000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	29328000	shares
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.86
CY2023Q4	us-gaap	Partners Capital Distribution Amount Per Share PartnersCapitalDistributionAmountPerShare	0.58
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	68493000	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-658000	usd
CY2024Q1	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-396000	usd
CY2024Q1	us-gaap	Revenues Revenues	67439000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	143343000	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	95494000	usd
CY2023Q1	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-80438000	usd
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1100000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	600000	usd
CY2024Q1	us-gaap	Deferred Compensation Arrangement With Individual Compensation Expense DeferredCompensationArrangementWithIndividualCompensationExpense	10000000	usd
CY2024Q1	txo	Share Based Payment Arrangement Expense Remainder Of Fiscal Year ShareBasedPaymentArrangementExpenseRemainderOfFiscalYear	3700000	usd
CY2024Q1	txo	Share Based Payment Arrangement Expense Year One ShareBasedPaymentArrangementExpenseYearOne	4700000	usd
CY2024Q1	txo	Share Based Payment Arrangement Expense Year Two ShareBasedPaymentArrangementExpenseYearTwo	1500000	usd
CY2024Q1	txo	Share Based Payment Arrangement Expense Year Three ShareBasedPaymentArrangementExpenseYearThree	100000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y2M12D
CY2024Q1	txo	Accrued Production Expenses Current AccruedProductionExpensesCurrent	17476000	usd
CY2023Q4	txo	Accrued Production Expenses Current AccruedProductionExpensesCurrent	17443000	usd
CY2024Q1	txo	Accrued Severance Taxes Current AccruedSeveranceTaxesCurrent	2538000	usd
CY2023Q4	txo	Accrued Severance Taxes Current AccruedSeveranceTaxesCurrent	2828000	usd
CY2024Q1	txo	Accrued Ad Valorem Taxes Current AccruedAdValoremTaxesCurrent	1237000	usd
CY2023Q4	txo	Accrued Ad Valorem Taxes Current AccruedAdValoremTaxesCurrent	2177000	usd
CY2024Q1	txo	Accrued Capital Expenditures Current AccruedCapitalExpendituresCurrent	2606000	usd
CY2023Q4	txo	Accrued Capital Expenditures Current AccruedCapitalExpendituresCurrent	676000	usd
CY2024Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1286000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	238000	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	25143000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	23362000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	800000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	1300000	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1500000	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	100000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
FilingSummary.xml	Edgar Link	unprocessable
0001559432-24-000020-index-headers.html	Edgar Link	pending
0001559432-24-000020-index.html	Edgar Link	pending
0001559432-24-000020.txt	Edgar Link	pending
0001559432-24-000020-xbrl.zip	Edgar Link	pending
ex311txo-q1202410xqsection.htm	Edgar Link	pending
ex312txo-q1202410xqsection.htm	Edgar Link	pending
ex321txo-q1202410xqsection.htm	Edgar Link	pending
ex322txo-q1202410xqsection.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R50.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
txo-20240331.htm	Edgar Link	pending
txo-20240331.xsd	Edgar Link	pending
txo-20240331_cal.xml	Edgar Link	unprocessable
txo-20240331_lab.xml	Edgar Link	unprocessable
txo-20240331_pre.xml	Edgar Link	unprocessable
txo-20240331_htm.xml	Edgar Link	completed
txo-20240331_def.xml	Edgar Link	unprocessable

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$TXO
TXO Partners, L.P. Stock $txo

2024 Q2 Form 10-Q Financial Statement

#000155943224000020 Filed on May 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TXO TXO Partners, L.P. Stock $txo

2024 Q2 Form 10-Q Financial Statement

#000155943224000020 Filed on May 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TXO
TXO Partners, L.P. Stock $txo