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TXO Partners LP (TXO Partners LP) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is TXO Partners LP 3-Year Dividend Growth Rate?

TXO Partners LP's Dividends per Share for the three months ended in Mar. 2024 was $0.58.

The historical rank and industry rank for TXO Partners LP's 3-Year Dividend Growth Rate or its related term are showing as below:

TXO's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

TXO Partners LP's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.76. As of today, TXO Partners LP's Dividend Yield % is 10.55%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of TXO Partners LP's 3-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, TXO Partners LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TXO Partners LP's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TXO Partners LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where TXO Partners LP's 3-Year Dividend Growth Rate falls into.



TXO Partners LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


TXO Partners LP  (NYSE:TXO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

TXO Partners LP's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.58/ 0.33
=1.76

During the past 4 years, the highest Dividend Payout Ratio of TXO Partners LP was 0.38. The lowest was 0.38. And the median was 0.38.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

TXO Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6500002024-05-172024-05-202024-05-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.5800002024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.5200002023-11-162023-11-172023-11-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.4800002023-08-172023-08-182023-08-25Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

TXO Partners LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.23/21.13
=10.55 %

Current Share Price is $21.13.
TXO Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.23.

During the past 4 years, the highest Dividend Yield of TXO Partners LP was 11.43%. The lowest was 2.22%. And the median was 5.37%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TXO Partners LP 3-Year Dividend Growth Rate Related Terms>


TXO Partners LP (TXO Partners LP) Business Description

Industry
Traded in Other Exchanges
Address
400 West 7th Street, Fort Worth, TX, USA, 76102
TXO Partners LP is focused on the acquisition, development, optimization and exploitation of oil, natural gas, and natural gas liquid reserves in North America.
Executives
Phillip R Kevil director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
King Luther Capital Management Corp 10 percent owner 301 COMMERCE SUITE 1600, FORT WORTH TX 76102
Bob R Simpson director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Keith A Hutton director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Adams William H Iii director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Global Endowment Management, Lp 10 percent owner 224 W TREMONT AVE, CHARLOTTE NC 28203
Lkcm Investment Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Private Discipline Master Fund, Spc 10 percent owner PO BOX 309GT, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 00000
King J Luther Jr director, 10 percent owner, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Brent W. Clum director, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 W. 7TH STREET, FORT WORTH TX 76102
Scott T. Agosta officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 W. 7TH STREET, FORT WORTH TX 76102
Richard Jacob Settle director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102