How to Buy Txo Partners Stock
Txo Partners LP
Txo Partners is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker TXO on the NYSE exchange.
Txo Partners stock last closed at $18.75, up 0.59% from the previous day, and has decreased 14.97% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.4 percentage points. Txo Partners stock is currently +9.01% from its 52-week low of $17.20, and -20.45% from its 52-week high of $23.57.
As of Apr 26, 2024, there are 30.75M TXO shares outstanding. The market cap of TXO is $576.56M. In the last 24 hours, 55,753 TXO shares were traded.
How to Buy Txo Partners Stock
Wondering how to invest in Txo Partners stock? Here's how.
- Decide where to buy Txo Partners stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Txo Partners stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your information.
- Research Txo Partners stock: The Txo Partners ticker symbol is TXO. Is Txo Partners stock a good investment? Should you buy shares of TXO? How do TXO's underlying business fundamentals look? Do top analysts think Txo Partners is a good buy? Why has TXO's stock price moved recently? (Hint: Our stock research website can help you evaluate if TXO is a good stock to buy).
- Make your TXO buy order: Decide if you will purchase TXO shares at the current market price or use a limit order to purchase TXO shares at a particular price.
- Get updates on your investment in TXO: Create a watchlist to the latest updates on your new investment in Txo Partners stock.
Step 1: Decide where to buy Txo Partners stock
You will need an online brokerage account to access the NYSE market and buy TXO shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you can buy TXO stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the greatest app to buy stocks, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring funds into your brokerage account.
Step 4: Research Txo Partners stock
After you have selected the best place to buy Txo Partners stock, it's very important to evaluate their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Txo Partners shares quick numbers
TXO Due Diligence Checks
WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TXO's stock page.
What is the fair value of TXO stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TXO's intrinsic value.
Using relative valuations methods:
- TXO could be undervalued based on its P/B ratio of 1.22x, relative to Oil & Gas E&P industry P/B ratio of 2.17x
You can access more valuation research on TXO's stock here.
TXO Financials at a glance
Signs that TXO is financially healthy:
- There are more short-term assets than short-term liabilities on the TXO balance sheet.
- TXO's operating cash flow of $77.15M allows it to safely service it's debt of $28.10M.
Signs that TXO is not financially healthy:
- There are more long-term liabilities than short-term assets on the TXO balance sheet.
- TXO profit margin has gone down from -3.1% to -27.3% in the past year.
- TXO has a relatively high debt to equity ratio of 0.47.
- TXO earnings of -$99.56M is not sufficient to cover its interest payments.
Do analysts think it's a good time to buy TXO stock
Out of 2 Equities analysts who track TXO, the consensus analyst rating on TXO is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Txo Partners stock forecast page.
TXO Momentum
TXO Performance Numbers
Last year, TXO revenue was $380.72M. During the past three year, TXO's revenue has increased by 135.73% per year. This was faster than the Oil & Gas E&P industry average of 19.17%.
Find out more about TXO's earnings and revenue performance here.
Are TXO executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at TXO have sold more shares than they have bought.
Scott T. Agosta, Chief Accounting Officer of TXO, was the latest TXO insider to sell. They sold $81,186.66 worth of TXO stock on Mar 8, 2024.
Get more info about who owns TXO stock here.
Does TXO provide a stable income stream?
No, Txo Partners doesn't provide an income stream by paying out dividends.
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Step 5: Make your TXO buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in TXO
Now that you own some TXO shares, you'll want to keep up with your new stock purchase.
Put TXO on a watchlist to track the latest developments regarding your TXO stock.
TXO Feed
How to Buy Stock in Txo Partners
To reiterate, here are the 6 steps you need to take to buy Txo Partners stock right now:
- Decide where to buy Txo Partners stock
- Open a brokerage account
- Fund your brokerage account
- Research Txo Partners stock
- Make your TXO buy order
- Get updates on your investment in TXO
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your investment in Txo Partners, click below.
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