TXO Partners (TXO) Shares Outstanding (Diluted) (2021 - 2026)
TXO Partners (TXO) recorded Weighted Average Shares Outstanding (Diluted) of 55.45 million in Q3 2026, down 0.6% from 55.81 million a year earlier and down 2.2% from the prior quarter.
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Analysis
TXO Partners (TXO) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, TXO Partners reported Weighted Average Shares Outstanding (Diluted) of 49.77 million, up 37.7% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has increased for three straight years, with a four-year compound annual growth rate of 18.8% (FY2021 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding (Diluted) came in at 36.13 million in FY2024 (+19.4%), 30.27 million in FY2023 (+21.1%), 25 million in FY2022 (unchanged) and 25 million in FY2021.
- Quarterly Weighted Average Shares Outstanding (Diluted) has ranged from 25 million in Q1 2022 to 56.68 million in Q2 2026 over the past five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) rose in seven of the last eight quarters, with growth averaging 28.9%.
- Peak year-over-year performance for Weighted Average Shares Outstanding (Diluted) in the last five years was growth of 52.1% in Q2 2025, against a decline of 0.6% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 56.68 million (Q2 2026), 55.09 million (Q1 2026) and 49.77 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 4.42 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 5.95 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 1.96 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 2.57 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 3.09 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 1.20 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 2.60 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 2.10 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 398.95 Mn |
| 10 | TXO Partners | 740.21 Mn | 606.84 Mn | 69.33 Mn | 55.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 55.45 Mn |
| Jun 30, 2026 | 56.68 Mn |
| Mar 31, 2026 | 55.09 Mn |
| Dec 31, 2025 | 49.77 Mn |
| Sep 30, 2025 | 55.81 Mn |
| Jun 30, 2025 | 48.22 Mn |
| Mar 31, 2025 | 41.81 Mn |
| Dec 31, 2024 | 36.13 Mn |
| Sep 30, 2024 | 39.83 Mn |
| Jun 30, 2024 | 31.71 Mn |
| Mar 31, 2024 | 31.43 Mn |
| Dec 31, 2023 | 30.27 Mn |
| Sep 30, 2023 | 31.29 Mn |
| Jun 30, 2023 | 30.75 Mn |
| Mar 31, 2023 | 29.33 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 |
| Dec 31, 2021 | 25.00 Mn |
API Access
TXO Partners Shares Outstanding (Diluted) 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-diluted&ticker=TXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=TXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();