Txo Partners director Bob Simpson buys $3.08M in common units

TXO Partners' director and 10% owner, Bob Simpson, recently purchased common units valued at approximately $3.08 million. As shares of TXO trade at $13.73, up 39.5% year-to-date, InvestingPro analysts deem the stock undervalued and list it among the most undervalued stocks. Simpson made the purchases over three transactions between November 6-10, 2026, with the average prices per unit ranging from $12.9733 to $13.4857.

On November 6, he bought 67,111 units at a weighted average price of $12.9733. Two days later, on November 9, Simpson acquired an additional 78,932 units at a weighted average price of $13.1454. Finally, on November 10, he purchased 86,796 units at a weighted average price of $13.4857. Simpson's growing stake is supported by TXO's 12.82% dividend yield, highlighted by InvestingPro Tips.

With 5 more ProTips available to subscribers, potential investors can gain further insights before the company's next earnings report on December 2. Simpson now owns a total of 9,732,839 common units. In addition to his director, 10% ownership and Chairman roles at TXO GP, LLC, he also serves as a director and 10% owner of TXO Partners, L.P.

Raymond James has maintained a Strong Buy rating on TXO Energy Partners, with a price target of $20.00, based on higher oil prices and its projected dividend yield of 12% by 2027. TXO Energy Partners' low base decline rate and strong management alignment (management holding roughly 30% ownership) further bolster the firm's positive outlook on the company.