TXO Partners, L.P.
TXOEnergy · Stock · quarterly payer
Forward Yield
11.41%
Annual Dividend
$1.46
Payout Ratio
563%
5-Yr Growth
—
Ex-Date
May 15, 2026
Frequency
Quarterly
Summary
As of July 2026, TXO Partners, L.P. (TXO) yields 11.41% ($1.46 per share annually), with a blended fair-value estimate of $16.49 — +29% upside, so it screens as undervalued. Dividend safety grade: D (47/100).
Is TXO a good dividend stock?
MixedTXO Partners, L.P. (TXO) pays a quarterly dividend yielding 11.41% ($1.46/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (563%)
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 11.41%
- Payout Ratio
- 563%
- Annual Dividend
- $1.46
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.02
- Market Cap
- $713.2M
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $10.12 – $15.55
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
TXO Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
-40%
5 Years
—
52-Week Range
$10.12 – $15.55
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TXO worth?
Undervaluedmedium confidenceOur blended fair-value estimate for TXO Partners, L.P. is $16.49 per share, versus a market price of $12.80. That implies 29% of upside — a margin of safety of about 22%.
Fair Value
$16.49
Current Price
$12.80
Upside
+29%
Margin of Safety
22%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -0.5% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$1.84 EPS, $1.46 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TXO Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.3600 | regular |
| Mar 10, 2026 | — | $0.3000 | regular |
| Nov 14, 2025 | — | $0.3500 | regular |
| Aug 15, 2025 | — | $0.4500 | regular |
| May 16, 2025 | — | $0.6100 | regular |
| Mar 14, 2025 | — | $0.6100 | regular |
| Nov 15, 2024 | — | $0.5800 | regular |
| Aug 20, 2024 | — | $0.5700 | regular |
| May 17, 2024 | — | $0.6500 | regular |
| Mar 14, 2024 | — | $0.5800 | regular |
| Nov 16, 2023 | — | $0.5200 | regular |
| Aug 17, 2023 | — | $0.4800 | regular |
| May 19, 2023 | — | $0.5000 | regular |
Income Calculator
At $1.46 / yr per share
