Txo Partners, L.P Declares Distribution for the Quarter Ended September 30, 2023, Payable on November 27, 2023
November 08, 2023 at 02:35 am IST
Share
TXO Partners, L.P. announced that the Board of Directors of its general partner declared a distribution of $0.52 per common unit for the quarter ended September 30, 2023. The quarterly distribution will be paid on November 27, 2023, to eligible unitholders of record as of the close of trading on November 17, 2023.
TXO Partners, L.P. is a master limited partnership focused on the acquisition, development, optimization and exploitation of conventional oil, natural gas, and natural gas liquid (NGL) reserves in North America. The Companyâs acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado. Its assets consist of approximately 845,820 gross (371,796 net) leasehold and mineral acres located primarily in the Permian Basin and San Juan Basin. Its assets include a 50% interest in Cross Timbers Energy, LLC (Cross Timbers). As operator, it designs and manages the development, recompletion or workover for all of the wells it operates and supervises operation and maintenance activities on a day-to-day basis. It markets the majority of the natural gas, NGL, crude oil and condensate production from the properties on which it operates. It also markets products produced by third party working interest owners.