TXO Partners Declares First Quarter 2023 Distribution of $0.50 on Common Units; Provides 2023 Distribution Outlook; Files Quarterly Report on Form 10-Q and Announces Name Change

Author's Avatar
May 09, 2023

TXO Partners, L.P. (NYSE: TXO) (formerly known as TXO Energy Partners, L.P.) announced today that the Board of Directors of its general partner declared TXO’s first quarterly distribution of $0.50 per common unit for the quarter ended March 31, 2023. The quarterly distribution will be paid on May 30, 2023 to eligible unitholders of record as of the close of trading on May 22, 2023. In accordance with the terms of TXO’s partnership agreement, the amount of the distribution was prorated for the period from January 31, 2023 (the closing date of TXO’s initial public offering) through March 31, 2023, based on the actual length of that period.