TXO Partners Director Bob Simpson Invests $8.2 Million in Common Units
TXO Partners director Bob Simpson buys $8.2m in common units

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Bob R. Simpson, a director and significant stakeholder in TXO Partners, recently purchased approximately $8.23 million in common units over two days in June 2026. Following these acquisitions, he now owns 9 million units. TXO's stock is currently valued at $13.44, reflecting a 33% increase this year.
- 01Bob R. Simpson acquired 600,000 common units of TXO Partners for about $8.23 million over June 2-3, 2026.
- 02The weighted average purchase prices ranged from $13.4131 to $13.9113 per unit.
- 03TXO Partners has a dividend yield of 10.71% and is currently trading at $13.44.
- 04Raymond James adjusted TXO's price target from $22.00 to $23.00 due to fluctuating gas prices and recent asset sales.
- 05TXO Energy Partners reported a fourth-quarter 2025 cash distribution of $0.30 per unit, exceeding estimates by 11%.
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Bob R. Simpson, a director and 10% owner of TXO Partners, L.P. (NYSE:TXO), made significant investments in the company by purchasing approximately $8.23 million in common units over two days in early June 2026. On June 2, he acquired 230,847 units at an average price of $13.4131, followed by an additional 369,153 units on June 3 at an average price of $13.9113. This brings Simpson's total holdings to 9 million common units. Currently, TXO's stock is trading at $13.44, reflecting a 33% increase year-to-date. Analysts from Raymond James and Stifel have shown positive sentiment towards TXO, with Raymond James adjusting its price target to $23.00 after initially lowering it due to weaker gas differentials. TXO Energy Partners also reported a strong fourth-quarter cash distribution of $0.30 per unit, surpassing expectations, and noted a 14% increase in production, reaching approximately 32.57 thousand barrels of oil equivalent per day. The company is also in the process of selling assets in the Cross Timbers joint venture, expecting net proceeds of around $100 million by the second quarter of 2026.
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