5 years of historical data (2020–2024) · Energy · Oil & Gas Exploration & Production
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
TXO Partners, L.P. trades at 19.3x earnings, 26% below its 5-year average of 25.9x, sitting at the 0th percentile of its historical range. Compared to the Energy sector median P/E of 16.8x, the stock trades at a premium of 15%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Market Cap | $686M | $608M | $550M | — | — | — |
| Enterprise Value | $836M | $758M | $574M | — | — | — |
| P/E Ratio → | 19.26 | 25.91 | — | — | — | — |
| P/S Ratio | 2.43 | 2.15 | 1.45 | — | — | — |
| P/B Ratio | 0.74 | 1.00 | 1.16 | — | — | — |
| P/FCF | — | — | 8.25 | — | — | — |
| P/OCF | 6.28 | 5.57 | 7.13 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
TXO Partners, L.P.'s enterprise value stands at 14.6x EBITDA, 10% above its 5-year average of 13.3x. The Energy sector median is 7.3x, placing the stock at a 101% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.68 | 1.51 | — | — | — |
| EV / EBITDA | 14.62 | 13.26 | — | — | — | — |
| EV / EBIT | — | 24.17 | — | — | — | — |
| EV / FCF | — | — | 8.60 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
TXO Partners, L.P. earns an operating margin of -2.4%, below the Energy sector average of 13.9%. Operating margins have expanded from -10.4% to -2.4% over the past 3 years, signaling improving operational efficiency. ROE of 4.3% is modest, trailing the sector median of 8.2%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | 28.3% | 28.3% | 50.4% | 31.4% | 52.2% | 15.9% |
| Operating Margin | -2.4% | -2.4% | -32.5% | -10.4% | 19.4% | -142.8% |
| Net Profit Margin | 8.3% | 8.3% | -27.3% | -3.1% | 23.0% | -150.1% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | 4.3% | 4.3% | -20.9% | -1.4% | 12.4% | -53.8% |
| ROA | 2.7% | 2.7% | -12.8% | -0.9% | 7.2% | -26.2% |
| ROIC | -0.8% | -0.8% | -16.4% | -2.9% | 5.9% | — |
| ROCE | -0.8% | -0.8% | -17.3% | -3.3% | 6.3% | -25.7% |
Solvency and debt-coverage ratios — lower is generally safer
TXO Partners, L.P. carries a Debt/EBITDA ratio of 2.7x, which is moderately leveraged (10% above the sector average of 2.5x). Net debt stands at $150M ($157M total debt minus $7M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.26 | 0.26 | 0.06 | 0.23 | 0.28 | 0.50 |
| Debt / EBITDA | 2.75 | 2.75 | — | 7.66 | 1.81 | — |
| Net Debt / Equity | — | 0.25 | 0.05 | 0.21 | 0.27 | 0.43 |
| Net Debt / EBITDA | 2.62 | 2.62 | — | 7.07 | 1.72 | — |
| Debt / FCF | — | — | 0.35 | 1.52 | — | 17.87 |
| Interest Coverage | -0.87 | -0.87 | -27.99 | -3.13 | 7.53 | -18.93 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.97x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.50x to 0.97x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.97 | 0.97 | 1.41 | 0.50 | 1.62 | 2.18 |
| Quick Ratio | 0.97 | 0.97 | 1.41 | 0.50 | 1.62 | 2.18 |
| Cash Ratio | 0.11 | 0.11 | 0.12 | 0.06 | 0.21 | 1.16 |
| Asset Turnover | — | 0.27 | 0.55 | 0.27 | 0.27 | 0.17 |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | 51.22 | 30.90 | 77.48 | 54.55 | 54.10 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
TXO Partners, L.P. returns 18.9% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 363.3%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 5.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Dividend Yield | 18.9% | 14.0% | 9.0% | — | — | — |
| Payout Ratio | 363.3% | 363.3% | — | — | 0.3% | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Earnings Yield | 5.2% | 3.9% | — | — | — | — |
| FCF Yield | — | — | 12.1% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 18.9% | 14.0% | 9.0% | — | — | — |
| Shares Outstanding | — | $36M | $30M | $30M | $30M | $30M |
Compare TXO with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| TXOYou | $686M | 19.3 | 14.6 | — | 28.3% | -2.4% | 4.3% | -0.8% | 2.7 |
| CRC | $5.4T | 12.7 | 4761.3 | 9999.0 | 40.6% | 22.0% | 13.1% | 14.5% | 1.1 |
| CRGY | $4B | 21.6 | 6.7 | 2.3 | 88.6% | 6.4% | 2.8% | 1.9% | 4.0 |
| MNR | $2B | 6.9 | 5.1 | 7.7 | 34.2% | 30.0% | 15.5% | 11.7% | 1.4 |
| SD | $645M | 10.4 | 8.3 | 13.6 | 36.7% | 26.5% | 13.6% | 8.6% | — |
| PNRG | $327M | 9.1 | 2.3 | — | 37.5% | 29.4% | 30.5% | 28.5% | 0.1 |
| REI | $292M | 4.1 | 2.9 | 7.7 | 44.7% | 36.3% | 8.2% | 8.1% | 1.7 |
| BRY | $253M | 13.0 | 2.1 | 2.3 | 36.4% | 19.5% | 2.6% | 9.8% | 1.3 |
| EPM | $156M | 134.6 | 7.3 | 13.7 | 16.9% | 4.9% | 1.9% | 2.8% | 1.4 |
| EP | $113M | -6.1 | — | — | 7.9% | -31.0% | -33.2% | -19.3% | — |
| MXC | $23M | 13.8 | 4.8 | 26.9 | 44.9% | 26.5% | 9.4% | 9.1% | 0.0 |
| Energy Median | — | 16.8 | 7.3 | 11.5 | 35.3% | 13.9% | 8.2% | 6.8% | 2.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 5 years · Updated daily
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Start ComparisonTXO Partners, L.P.'s current P/E ratio is 19.3x. The historical average is 25.9x.
TXO Partners, L.P.'s current EV/EBITDA is 14.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.3x.
TXO Partners, L.P.'s return on equity (ROE) is 4.3%. The historical average is -11.9%.
Based on historical data, TXO Partners, L.P. is trading at a P/E of 19.3x. Compare with industry peers and growth rates for a complete picture.
TXO Partners, L.P.'s current dividend yield is 18.87% with a payout ratio of 363.3%.
TXO Partners, L.P. has 28.3% gross margin and -2.4% operating margin.
TXO Partners, L.P.'s Debt/EBITDA ratio is 2.7x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.