{
  "id": 19464397,
  "title": "Txo Partners director Bob Simpson buys $3.08M in common units",
  "url": "https://urgent.news/2026/11/11/txo-partners-director-bob-simpson-buys-3-08m-in-common-units",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T07:31:34.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/txo-partners-director-bob-simpson-buys-308m-in-common-units-93CH-5017880"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}