TXO Partners, L.P. (TXO) Revenue History
Annual and quarterly revenue from 2020 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
TXO's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
TXO Revenue Analysis (2020–2024)
As of March 2, 2026, TXO Partners, L.P. (TXO) generated trailing twelve-month (TTM) revenue of $364.4 million, reflecting explosive growth of +46.8% year-over-year. The most recent quarter (Q3 2025) recorded $100.9 million in revenue, up 12.2% sequentially.
Looking at the longer-term picture, TXO's historical revenue data shows a 3-year CAGR of +7.4%. The company achieved its highest annual revenue of $380.7 million in 2023.
Revenue diversification analysis shows TXO's business is primarily driven by Oil and Condensate (77%), and Natural Gas (23%). With over half of revenue concentrated in Oil and Condensate, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including CRC (+33.9% YoY), CRGY (+22.1% YoY), and MNR (+11.6% YoY), TXO has outperformed the peer group in terms of revenue growth. Compare TXO vs CRC →
Peer Comparison
Compare TXO's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TXOCurrent | $364M | +46.8% | - | -2.4% | |
| CRC | $3.0B | +33.9% | +1.9% | 22.0% | |
| CRGY | $3.6B | +22.1% | +36.5% | 6.4% | |
| MNR | $970M | +11.6% | - | 30.0% | |
| SD | $125M | +29.7% | -14.0% | 26.5% | |
| PNRG | $234M | -6.0% | +16.5% | 29.4% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $282.8M | -25.7% | $80.1M | 28.3% | $-6,861,000 | -2.4% |
| 2023 | $380.7M | +54.5% | $191.7M | 50.4% | $-123,781,000 | -32.5% |
| 2022 | $246.4M | +7.9% | $77.4M | 31.4% | $-25,680,000 | -10.4% |
| 2021 | $228.3M | +109.9% | $119.2M | 52.2% | $44.2M | 19.4% |
| 2020 | $108.8M | - | $17.3M | 15.9% | $-155,300,000 | -142.8% |
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Start ComparisonFrequently Asked Questions
Is TXO's revenue growth accelerating or slowing?
TXO revenue is accelerating at +46.8% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $364M. Growth momentum has increased versus prior periods.
What is TXO's long-term revenue growth rate?
TXO Partners, L.P.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +46.8% is above this long-term average.
How is TXO's revenue distributed by segment?
TXO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2024 are available for download. Segment mix reveals concentration and diversification trends.