TXO Partners, L.P.
For the period ended Mar 31, 2026. Filed May 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 4, 2026
TXO$13.73+4.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (Unaudited)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| OPERATING ACTIVITIES | ||
| Net (loss) income | $(74,336) | $2,416 |
| Adjustments to reconcile net (loss) income to net cash provided by operating activities, net of effects of assets acquired and liabilities assumed: | ||
| Depreciation, depletion and amortization | 28,838 | 21,429 |
| Accretion of discount in asset retirement obligation | 4,568 | 3,813 |
| Derivative fair value (gain) loss | 91,280 | 9,487 |
| Net cash received from (paid to) derivative counterparties | (15,644) | (1,896) |
| Non-cash incentive compensation | 3,574 | 2,131 |
| Other non-cash items | 381 | 258 |
| Changes in operating assets and liabilities (a) | (5,253) | (7,028) |
| Cash Provided by Operating Activities | 33,408 | 30,610 |
| INVESTING ACTIVITIES | ||
| Proceeds from sale of property and equipment | 6,270 | - |
| Proved property acquisitions | (695) | 1,755 |
| Development costs | (9,427) | (8,291) |
| Unproved property acquisitions | (135) | (53) |
| Other property and asset additions | (394) | (254) |
| Cash Used by Investing Activities | (4,381) | (6,843) |
| FINANCING ACTIVITIES | ||
| Proceeds from long-term debt | 23,000 | 36,000 |
| Payments on long-term debt | (37,000) | (31,000) |
| Proceeds from sale of units to cover withholding taxes | 1,508 | 1,215 |
| Withholding taxes paid on vesting of restricted units | (1,446) | (1,151) |
| Debt issuance costs | (13) | - |
| Distributions | (16,564) | (25,294) |
| Cash Used by Financing Activities | (30,515) | (20,230) |
| (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | (1,488) | 3,537 |
| Cash and Cash Equivalents, beginning of period | 9,374 | 7,305 |
| Cash and Cash Equivalents, end of period | $7,886 | $10,842 |
| (a) Changes in Operating Assets and Liabilities | ||
| Accounts receivable | $(6,147) | $1,195 |
| Other current assets | (257) | (1,914) |
| Current liabilities | 3,733 | (4,475) |
| Other operating liabilities | (2,582) | (1,834) |
| $(5,253) | $(7,028) | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.