TXO Partners (TXO) to offer $175M in common unites

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TXO Partners, L.P. Announces Commencement of Underwritten Public Offering

May 13, 2025 4:15 PM EDT

FORT WORTH, Texas--(BUSINESS WIRE)-- TXO Partners, L.P. (NYSE: TXO) (TXO) today announced, subject to market and other conditions, the commencement of an underwritten public offering of $175 million of our common units representing limited partner interests in TXO (the common units). TXO expects to grant the underwriters a 30-day option to purchase up to an additional $26.25 million of our common units at the public offering price, less underwriting discounts and commissions. TXO intends to use the net proceeds from this offering, if consummated, to fund a portion of the cash consideration for the previously... More