TXO Energy Partners LP (TXO – Research Report) received a Buy rating and a $31.00 price target from Stifel Nicolaus analyst Derrick Whitfield today. The company’s shares closed last Friday at $22.66.
Whitfield covers the Utilities sector, focusing on stocks such as PHX Minerals, Range Resources, and Coterra Energy. According to TipRanks, Whitfield has an average return of -11.0% and a 31.39% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TXO Energy Partners LP with a $31.00 average price target.
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The company has a one-year high of $23.47 and a one-year low of $21.28. Currently, TXO Energy Partners LP has an average volume of 171.1K.
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TXO Energy Partners LP is focused on acquiring, developing, optimizing, and exploiting conventional oil, natural gas, and natural gas liquid reserves in North America. It properties are predominately located in the Permian Basin of New Mexico and Texas and the San Juan Basin of New Mexico and Colorado.
