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

$txo Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000155943224000045 Filed on August 06, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$68.73M	$57.31M
YoY Change	-1.64%	-5.23%
Cost Of Revenue		$36.44M
YoY Change		-7.41%
Gross Profit		$20.87M
YoY Change		-1.17%
Gross Profit Margin		36.42%
Selling, General & Admin		$4.591M
YoY Change		323.52%
% of Gross Profit		22.0%
Research & Development		$71.00K
YoY Change		343.75%
% of Gross Profit		0.34%
Depreciation & Amortization	$13.57M	$10.33M
YoY Change	27.85%	-10.49%
% of Gross Profit		49.51%
Operating Expenses	$73.70M	$67.42M
YoY Change	146.96%	-2.65%
Operating Profit	-$4.966M	-$10.11M
YoY Change	-213.51%	15.18%
Interest Expense		-$927.0K
YoY Change		-250.0%
% of Operating Profit
Other Income/Expense, Net	$5.169M	$12.92M
YoY Change	-0.58%	107.34%
Pretax Income		$2.808M
YoY Change		-210.29%
Income Tax
% Of Pretax Income
Net Earnings	$203.0K	$2.808M
YoY Change	-97.61%	-210.29%
Net Earnings / Revenue	0.3%	4.9%
Basic Earnings Per Share	$0.01	$0.09
Diluted Earnings Per Share	$0.01	$0.09
COMMON SHARES
Basic Shares Outstanding	38.41M shares	30.94M shares
Diluted Shares Outstanding	39.83M shares	31.71M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments		$76.00M
YoY Change		1611.69%
Cash & Equivalents	$3.846M	$76.00M
Short-Term Investments
Other Short-Term Assets	$11.43M	$12.52M
YoY Change	-15.93%	20.64%
Inventory
Prepaid Expenses
Receivables	$35.00M	$28.51M
Other Receivables		$0.00
Total Short-Term Assets	$54.13M	$117.0M
YoY Change	3.77%	133.89%
LONG-TERM ASSETS
Property, Plant & Equipment	$945.3M	$647.6M
YoY Change	12.55%	-23.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$16.70M	$9.940M
YoY Change	653.32%	3.92%
Total Long-Term Assets	$962.0M	$657.5M
YoY Change	13.28%	-22.73%
TOTAL ASSETS
Total Short-Term Assets	$54.13M	$117.0M
Total Long-Term Assets	$962.0M	$657.5M
Total Assets	$1.016B	$774.5M
YoY Change	12.73%	-14.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$14.09M	$8.829M
YoY Change	30.56%	-9.84%
Accrued Expenses	$34.61M	$22.93M
YoY Change	32.89%	-13.64%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$53.14M	$35.84M
YoY Change	-12.41%	-32.41%
LONG-TERM LIABILITIES
Long-Term Debt		$7.100M
YoY Change		-66.35%
Other Long-Term Liabilities	$186.6M	$158.8M
YoY Change	40.29%	14.46%
Total Long-Term Liabilities	$186.6M	$158.8M
YoY Change	18.01%	14.46%
TOTAL LIABILITIES
Total Short-Term Liabilities	$53.14M	$35.84M
Total Long-Term Liabilities	$186.6M	$158.8M
Total Liabilities	$239.7M	$194.6M
YoY Change	9.57%	1.5%
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
YoY Change
Total Liabilities & Shareholders Equity	$1.016B	$774.5M
YoY Change	12.73%	-14.03%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$203.0K	$2.808M
YoY Change	-97.61%	-210.29%
Depreciation, Depletion And Amortization	$13.57M	$10.33M
YoY Change	27.85%	-10.49%
Cash From Operating Activities		$22.89M
YoY Change		24.35%
INVESTING ACTIVITIES
Capital Expenditures		$35.47M
YoY Change		118.94%
Acquisitions
YoY Change
Other Investing Activities		$5.000K
YoY Change		-100.03%
Cash From Investing Activities		-$35.47M
YoY Change		118.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		84.01M
YoY Change		-1776.87%
NET CHANGE
Cash From Operating Activities		22.89M
Cash From Investing Activities		-35.47M
Cash From Financing Activities		84.01M
Net Change In Cash		71.43M
YoY Change		-2643.77%
FREE CASH FLOW
Cash From Operating Activities		$22.89M
Capital Expenditures		$35.47M
Free Cash Flow		-$12.59M
YoY Change		-671.62%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	106277000	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
	txo	Increase Decrease In Current Liabilities IncreaseDecreaseInCurrentLiabilities	-805000	usd
	txo	Increase Decrease In Current Liabilities IncreaseDecreaseInCurrentLiabilities	-10059000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-560000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-668000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-2139000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-12010000	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	6229000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	20477000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	11211000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	2808000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-2546000	usd
	us-gaap	Net Income Loss NetIncomeLoss	13075000	usd
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.09
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	4277000	usd
CY2024Q2	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	2809000	usd
CY2023Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	3970000	usd
CY2024Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	9940000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	11101000	usd
CY2024Q2	us-gaap	Assets Assets	774519000	usd
CY2023Q4	us-gaap	Assets Assets	695613000	usd
CY2024Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	8829000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	8598000	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	22926000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	23362000	usd
CY2024Q2	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	991000	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	4045000	usd
CY2024Q2	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	1750000	usd
CY2023Q4	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	1750000	usd
CY2024Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1346000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1361000	usd
CY2024Q2	us-gaap	Liabilities Current LiabilitiesCurrent	35842000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	39116000	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	7100000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	28100000	usd
CY2024Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	157294000	usd
CY2023Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	152222000	usd
CY2024Q2	us-gaap	Other Sundry Liabilities Noncurrent OtherSundryLiabilitiesNoncurrent	1495000	usd
CY2023Q4	us-gaap	Other Sundry Liabilities Noncurrent OtherSundryLiabilitiesNoncurrent	2377000	usd
CY2024Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	158789000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	154599000	usd
CY2024Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Partners Capital PartnersCapital	473798000	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	774519000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	695613000	usd
CY2024Q2	us-gaap	Partners Capital PartnersCapital	572788000	usd
CY2024Q2	us-gaap	Revenues Revenues	57308000	usd
CY2023Q2	us-gaap	Revenues Revenues	60472000	usd
	us-gaap	Revenues Revenues	124747000	usd
	us-gaap	Revenues Revenues	218871000	usd
CY2024Q2	txo	Production Expense ProductionExpense	36439000	usd
CY2023Q2	txo	Production Expense ProductionExpense	39357000	usd
	txo	Production Expense ProductionExpense	69522000	usd
	txo	Production Expense ProductionExpense	74681000	usd
CY2024Q2	us-gaap	Exploration Expense ExplorationExpense	71000	usd
CY2023Q2	us-gaap	Exploration Expense ExplorationExpense	16000	usd
	us-gaap	Exploration Expense ExplorationExpense	194000	usd
	us-gaap	Exploration Expense ExplorationExpense	83000	usd
CY2024Q2	txo	Taxes Transportation And Other Expense TaxesTransportationAndOtherExpense	13201000	usd
CY2023Q2	txo	Taxes Transportation And Other Expense TaxesTransportationAndOtherExpense	15088000	usd
	txo	Taxes Transportation And Other Expense TaxesTransportationAndOtherExpense	28774000	usd
	txo	Taxes Transportation And Other Expense TaxesTransportationAndOtherExpense	43991000	usd
CY2024Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10332000	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11543000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	20849000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	22481000	usd
CY2024Q2	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	2781000	usd
CY2023Q2	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	2159000	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	5565000	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	4277000	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4591000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1084000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7245000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3306000	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	67415000	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	69247000	usd
	us-gaap	Operating Expenses OperatingExpenses	132149000	usd
	us-gaap	Operating Expenses OperatingExpenses	148819000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-10107000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-8775000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-7402000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	70052000	usd
CY2024Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	13842000	usd
CY2023Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	6720000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	22255000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	13034000	usd
CY2024Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	122000	usd
CY2023Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	127000	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	247000	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	234000	usd
CY2024Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	1049000	usd
CY2023Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	618000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	2025000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	2057000	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	12915000	usd
	us-gaap	Net Income Loss NetIncomeLoss	81263000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.73
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.41
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.68
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	31153000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30750000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30976000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	29772000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31708000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30750000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31567000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30313000	shares
	us-gaap	Net Income Loss NetIncomeLoss	13075000	usd
	us-gaap	Net Income Loss NetIncomeLoss	81263000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	20849000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	22481000	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	5565000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-726000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	8235000	usd
	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	-2272000	usd
	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	78194000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	2973000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1591000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-483000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-360000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-2139000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-12010000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	48082000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	35553000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	5000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
	txo	Payments To Acquire Proved Oil And Gas Property PaymentsToAcquireProvedOilAndGasProperty	29400000	usd
	txo	Payments To Acquire Proved Oil And Gas Property PaymentsToAcquireProvedOilAndGasProperty	6105000	usd
	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	8198000	usd
	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	21196000	usd
	txo	Payments To Acquire Unproved Oil And Gas Property PaymentsToAcquireUnprovedOilAndGasProperty	169000	usd
	txo	Payments To Acquire Unproved Oil And Gas Property PaymentsToAcquireUnprovedOilAndGasProperty	60000	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	720000	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	1222000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-38482000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-28583000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	61000000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	48000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	82000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	147000000	usd
	txo	Proceeds From Issuance Public Offering ProceedsFromIssuancePublicOffering	122500000	usd
	txo	Proceeds From Issuance Public Offering ProceedsFromIssuancePublicOffering	0	usd
	txo	Proceeds From Sale Of Units To Cover Withholding Taxes ProceedsFromSaleOfUnitsToCoverWithholdingTaxes	930000	usd
	txo	Proceeds From Sale Of Units To Cover Withholding Taxes ProceedsFromSaleOfUnitsToCoverWithholdingTaxes	0	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	851000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	48000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	110000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	39637000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	18901000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	61894000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-11734000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	71494000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4764000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	75999000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4440000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-3628000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-21834000	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	124000	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-903000	usd
CY2024Q2	txo	Equity Method Investment Representative Voting Interests EquityMethodInvestmentRepresentativeVotingInterests	1	vote
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	7100000	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
	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	0	usd
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	493000	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	5565000	usd
CY2024Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	159044000	usd
CY2024Q2	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	1750000	usd
CY2024Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	157294000	usd
CY2024Q2	txo	Related Party Transaction Notice Period For Repayment Number Of Business Days RelatedPartyTransactionNoticePeriodForRepaymentNumberOfBusinessDays	2	d
CY2024Q2	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	-2668000	usd
CY2023Q2	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	-2244000	usd
	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	-2272000	usd
	txo	Payments For Received From Derivative Instruments Operating Activities PaymentsForReceivedFromDerivativeInstrumentsOperatingActivities	78194000	usd
CY2024Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-2340000	usd
CY2023Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-9065000	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-2998000	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	86429000	usd
CY2024Q2	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	328000	usd
CY2023Q2	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-6821000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-726000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	8235000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2808000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	31153000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2024Q2	us-gaap	Dilutive Securities DilutiveSecurities	0	usd
CY2024Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	556000	shares
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	2808000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31708000	shares
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.09
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2546000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30750000	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2023Q2	us-gaap	Dilutive Securities DilutiveSecurities	0	usd
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-2546000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30750000	shares
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13075000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30976000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
	us-gaap	Dilutive Securities DilutiveSecurities	0	usd
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	590000	shares
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	13075000	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31567000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.41
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	81263000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	29772000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.73
	us-gaap	Dilutive Securities DilutiveSecurities	0	usd
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	541000	shares
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	81263000	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30313000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.68
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	538000	shares
CY2024Q2	us-gaap	Partners Capital Distribution Amount Per Share PartnersCapitalDistributionAmountPerShare	0.65
CY2024Q1	us-gaap	Partners Capital Distribution Amount Per Share PartnersCapitalDistributionAmountPerShare	0.58
CY2024Q2	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	6500000	shares
CY2024Q2	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	20.00
CY2024Q2	txo	Sale Of Stock Estimated Consideration Received Per Transaction SaleOfStockEstimatedConsiderationReceivedPerTransaction	122500000	usd
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	56980000	usd
CY2024Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-2340000	usd
CY2024Q2	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	2668000	usd
CY2024Q2	us-gaap	Revenues Revenues	57308000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	67293000	usd
CY2023Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-9065000	usd
CY2023Q2	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	2244000	usd
CY2023Q2	us-gaap	Revenues Revenues	60472000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	125473000	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-2998000	usd
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	2272000	usd
	us-gaap	Revenues Revenues	124747000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	210636000	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	86429000	usd
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-78194000	usd
	us-gaap	Revenues Revenues	218871000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	208875	shares
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3000000.0	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1600000	usd
	us-gaap	Deferred Compensation Arrangement With Individual Compensation Expense DeferredCompensationArrangementWithIndividualCompensationExpense	12400000	usd
	txo	Share Based Payment Arrangement Expense Remainder Of Fiscal Year ShareBasedPaymentArrangementExpenseRemainderOfFiscalYear	3200000	usd
	txo	Share Based Payment Arrangement Expense Year One ShareBasedPaymentArrangementExpenseYearOne	6100000	usd
	txo	Share Based Payment Arrangement Expense Year Two ShareBasedPaymentArrangementExpenseYearTwo	2900000	usd
	txo	Share Based Payment Arrangement Expense Year Three ShareBasedPaymentArrangementExpenseYearThree	200000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y10M24D
CY2024Q2	txo	Accrued Production Expenses Current AccruedProductionExpensesCurrent	15493000	usd
CY2023Q4	txo	Accrued Production Expenses Current AccruedProductionExpensesCurrent	17443000	usd
CY2024Q2	txo	Accrued Severance Taxes Current AccruedSeveranceTaxesCurrent	1834000	usd
CY2023Q4	txo	Accrued Severance Taxes Current AccruedSeveranceTaxesCurrent	2828000	usd
CY2024Q2	txo	Accrued Ad Valorem Taxes Current AccruedAdValoremTaxesCurrent	1813000	usd
CY2023Q4	txo	Accrued Ad Valorem Taxes Current AccruedAdValoremTaxesCurrent	2177000	usd
CY2024Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	2432000	usd
CY2023Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	0	usd
CY2024Q2	txo	Accrued Capital Expenditures Current AccruedCapitalExpendituresCurrent	1276000	usd
CY2023Q4	txo	Accrued Capital Expenditures Current AccruedCapitalExpendituresCurrent	676000	usd
CY2024Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	78000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	238000	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	22926000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	23362000	usd
	us-gaap	Interest Paid Net InterestPaidNet	1800000	usd
	us-gaap	Interest Paid Net InterestPaidNet	1700000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	1900000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	1100000	usd
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001559432-24-000045-index-headers.html	Edgar Link	pending
0001559432-24-000045-index.html	Edgar Link	pending
0001559432-24-000045.txt	Edgar Link	pending
0001559432-24-000045-xbrl.zip	Edgar Link	pending
ex311txo-q2202410xqsection.htm	Edgar Link	pending
ex312txo-q2202410xqsection.htm	Edgar Link	pending
ex321txo-q2202410xqsection.htm	Edgar Link	pending
ex322txo-q2202410xqsection.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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R4.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
R40.htm	Edgar Link	pending
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R42.htm	Edgar Link	pending
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R55.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-20240630.htm	Edgar Link	pending
txo-20240630.xsd	Edgar Link	pending
txo-20240630_cal.xml	Edgar Link	unprocessable
txo-20240630_def.xml	Edgar Link	unprocessable
txo-20240630_htm.xml	Edgar Link	completed
txo-20240630_pre.xml	Edgar Link	unprocessable
txo-20240630_lab.xml	Edgar Link	unprocessable

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

2024 Q3 Form 10-Q Financial Statement

#000155943224000045 Filed on August 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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

2024 Q3 Form 10-Q Financial Statement

#000155943224000045 Filed on August 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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