Why did TXO's stock price hit a 52-week low?
7/24/2025 06:05am
TXO's stock price hit a 52-week low of $15.07 on July 23, 2025. The decline in TXO's stock price can be attributed to the following factors:
1. **Acquisition Challenges**: The acquisition of oil, gas, and mineral assets from White Rock Energy, LLC for approximately $350 million is a significant event that has impacted the stock price. The acquisition, expected to be completed in the third quarter of 2025, has led to uncertainty among investors regarding its potential impact on the company's financial performance.
2. **Earnings Estimate Reduction**: Investment analysts at Capital One Financial have cut their Q2 2025 earnings per share (EPS) estimates for TXO Partners. The EPS estimate has been reduced from $0.10 to $0.07, which could indicate a potential decline in profitability.
In conclusion, the combination of the acquisition challenges and the reduction in earnings estimates have likely contributed to the decline in TXO's stock price, hitting a 52-week low.
|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|TXO|TXO.N|TXO Partners|20240723|-2.6042|169|
|TXO|TXO.N|TXO Partners|20240724|-0.8264|169|
|TXO|TXO.N|TXO Partners|20240725|-1.4706|169|
|TXO|TXO.N|TXO Partners|20240726|0.6468|169|
|TXO|TXO.N|TXO Partners|20240729|-1.5324|169|
|TXO|TXO.N|TXO Partners|20240730|2.4598|169|
|TXO|TXO.N|TXO Partners|20240731|0.49|169|
|TXO|TXO.N|TXO Partners|20240801|-1.3652|169|
|TXO|TXO.N|TXO Partners|20240802|-3.1636|169|
|TXO|TXO.N|TXO Partners|20240805|0.1021|169|