TXO Partners Chairman Buys $27M in Units as Adjusted EBITDAX Doubles

Key Facts

1TXO Partners Chairman Bob Simpson has purchased $27 million in units since May, now holding a 17% stake in the company.

2Q2 2026 oil volumes rose 38%, while adjusted EBITDAX doubled compared to the previous period.

3Cash available for distribution rose 84%, supporting an 11% forward yield.

TXO Partners Chairman Bob Simpson has purchased $27 million in company units since May, bringing his total ownership stake to 17%. Seeking Alpha reported that oil production volumes surged 38% in the second quarter of 2026, while adjusted EBITDAX doubled compared to the previous period.

Cash available for distribution rose 84%, supporting a forward yield of 11% according to company data. This growth is driven by mature oil field operations and increased production, while aggressive insider buying signals strong conviction in the sustainability of the company's distributions.