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| Date | Value |
|---|---|
| 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 |