Overview
Description
TXO Partners L.P. is a master limited partnership specializing in the acquisition, exploration, development, and production of domestic oil and natural gas resources. Operating primarily within the energy sector, its primary function is to manage and optimize hydrocarbon assets, ensuring efficient extraction and commercialization of these valuable resources. The partnership plays a significant role in the energy markets by contributing to the supply chain of oil and natural gas, which are critical inputs for various industries, including transportation, manufacturing, and power generation. TXO Partners L.P. generates revenue through the sale of oil, natural gas, and associated liquids, providing investors with potential income through distributions. This type of structure allows the partnership to benefit from pass-through taxation, making it an attractive choice for entities focused on income generation. Its operations and success are closely tied to fluctuations in global energy prices and demand, making the partnership a significant participant in the North American energy landscape.
About
CEO
Mr. Bob R. Simpson
Employees
184
Address
400 West 7th Street
Fort Worth, 76102, TX
United States
Fort Worth, 76102, TX
United States
Phone
817 334 7800
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
MIC code
XNYS