Filing Flows › TXO Partners, L.P. (TXO) › Q3 2026 › vs Q3 2025
TXO Partners, L.P. (TXO) Q3 2026 vs Q3 2025 (year over year)
TXO Partners, L.P.'s revenue fell $45.8M (-45%) from $101M in Q3 2025 to $55.1M in Q3 2026. The biggest changes: Oil and Condensate −$36.5M (-55%); Natural Gas Reserves −$12.0M (-44%); Natural Gas Liquids Reserves +$2.7M (+36%).
TXO Partners, L.P., Q3 2026: revenue $55.1M (-45% year over year), operating margin -70.1%, net loss $32.1M, operating cash flow $33.7M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Oil and Condensate | $29.8M | $66.3M | −$36.5M | -55% |
| Natural Gas Reserves | $15.0M | $27.0M | −$12.0M | -44% |
| Natural Gas Liquids Reserves | $10.2M | $7.5M | $2.7M | +36% |
| Revenue | $55.1M | $101M | −$45.8M | -45% |
| Other income, net | $6.5M | $592K | $5.9M | +999% |
| Net loss | $32.1M | −$4.4M | $36.4M | — |
| Costs & expenses | $93.7M | $101M | −$7.8M | -8% |
| Operating costs | $93.7M | $97.1M | −$3.4M | -4% |
| General & admin | $3.9M | $4.8M | −$898K | -19% |
| Other operating costs | $89.8M | $92.3M | −$2.5M | -3% |
| Operating cash sources | $65.8M | $23.9M | $41.8M | +175% |
| Depreciation & amortization | $24.2M | $23.7M | $529K | +2% |
| Share-based compensation | $3.0M | $3.5M | −$432K | -12% |
| Working capital & other | $38.5M | −$3.2M | $41.7M | — |
| Net loss absorbed | $32.1M | −$4.4M | $36.4M | — |
| Operating cash flow | $33.7M | $28.3M | $5.4M | +19% |
| Capital expenditures | $39.0M | $21.1M | $17.9M | +85% |
| Negative free cash flow (OCF − capex) | $5.3M | −$7.2M | $12.5M | — |
Questions
How much did TXO Partners, L.P.'s revenue grow year over year in Q3 2026?
TXO Partners, L.P.'s revenue fell $45.8M (-45%) from $101M in Q3 2025 to $55.1M in Q3 2026.
What drove TXO Partners, L.P.'s revenue change in Q3 2026?
Oil and Condensate −$36.5M (-55%); Natural Gas Reserves −$12.0M (-44%); Natural Gas Liquids Reserves +$2.7M (+36%).