TXO Partners (TXO) Operating Expenses (2022 - 2026)

TXO Partners (TXO) recorded quarterly Operating Expenses of $105.8 million in Q1 2026, down 30.82% quarter-over-quarter from $153.0 million in Q4 2025, and up 20.38% on a YoY basis from $87.9 million in Q1 2025.

TXO Partners (TXO) Operating Expenses (2022 - 2026) Analysis & Trends

TXO Partners' Operating Expenses history runs 5 years deep, the most recent figure standing at $105.8 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 20.38% year-over-year to $105.8 million; the TTM figure through Mar 2026 stood at $449.5 million (up 43.69% YoY), while the FY2025 annual figure was $431.6 million, up 48.99% from the prior year.
  • Operating Expenses was $105.8 million for Q1 2026 at TXO Partners, down from $153.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $290.2 million in Q4 2023 to a low of $60.3 million in Q1 2022.
  • Historically, Operating Expenses has averaged $94.3 million across 5 years, with a median of $73.7 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 317.93% in 2023, then sank 71.11% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $69.4 million in 2022, then jumped by 317.93% to $290.2 million in 2023, then sank by 71.11% to $83.8 million in 2024, then surged by 82.49% to $153.0 million in 2025, then slumped by 30.82% to $105.8 million in 2026.
  • The last three Operating Expenses figures came in at $105.8 million (Q1 2026), $153.0 million (Q4 2025), and $97.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - -
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.59 Bn 68.74 Bn - 4.32 Bn
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn 103.33 Mn
10 TXO Partners 726.09 Mn 711.98 Mn - 105.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 105.83 Mn
Dec 31, 2025 152.98 Mn
Sep 30, 2025 97.12 Mn
Jun 30, 2025 93.59 Mn
Mar 31, 2025 87.91 Mn
Dec 31, 2024 83.83 Mn
Sep 30, 2024 73.70 Mn
Jun 30, 2024 67.42 Mn
Mar 31, 2024 64.73 Mn
Dec 31, 2023 290.18 Mn
Sep 30, 2023 65.50 Mn
Jun 30, 2023 69.25 Mn
Mar 31, 2023 79.57 Mn
Dec 31, 2022 69.43 Mn
Sep 30, 2022 70.07 Mn
Jun 30, 2022 72.32 Mn
Mar 31, 2022 60.25 Mn