TXO Partners (TXO) Shares Outstanding (2022 - 2026)
TXO Partners (TXO) reported Shares Outstanding of 55.45 million for Q2 2026, up 15.0% from 48.22 million a year earlier and up 0.6% from the prior quarter.
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Analysis
TXO Partners (TXO) Shares Outstanding (2022 - 2026) Analysis & Trends
For FY2025, TXO Partners posted Shares Outstanding of 49.77 million, up 40.0% from FY2024.
- Shares Outstanding has increased for three consecutive years, with a four-year compound annual growth rate of 18.8% (FY2021 to FY2025).
- By year, Shares Outstanding came in at 35.56 million in FY2024 (+17.5%), 30.27 million in FY2023 (+21.1%), 25 million in FY2022 (unchanged) and 25 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding in data going back to Q1 2022.
- Year over year, Shares Outstanding has now increased in each of the last 14 quarters, with growth averaging 32.7% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 1.3% in Q2 2024 to 54.8% in Q2 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at 55.09 million (Q1 2026), 49.77 million (Q4 2025) and 54.78 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.89 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.97 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.55 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.02 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.59 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 400.95 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 2.09 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.22 Bn |
| 10 | TXO Partners | 754.07 Mn | 624.03 Mn | - | 55.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.45 Mn |
| Mar 31, 2026 | 55.09 Mn |
| Dec 31, 2025 | 49.77 Mn |
| Sep 30, 2025 | 54.78 Mn |
| Jun 30, 2025 | 48.22 Mn |
| Mar 31, 2025 | 41.08 Mn |
| Dec 31, 2024 | 35.56 Mn |
| Sep 30, 2024 | 39.27 Mn |
| Jun 30, 2024 | 31.15 Mn |
| Mar 31, 2024 | 30.80 Mn |
| Dec 31, 2023 | 30.27 Mn |
| Sep 30, 2023 | 30.75 Mn |
| Jun 30, 2023 | 30.75 Mn |
| Mar 31, 2023 | 28.78 Mn |
| Dec 31, 2022 | 25.00 Mn |
| Sep 30, 2022 | 25.00 Mn |
| Jun 30, 2022 | 25.00 Mn |
| Mar 31, 2022 | 25.00 Mn |
API Access
TXO Partners Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=TXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "TXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=TXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();