Raymond James & Associates decreased its stake in TXO Partners, L.P. by 3.7% in Q3, now holding 225,769 shares valued at approximately $4.47 million. Other institutional investors have also adjusted their positions, with notable increases from HSBC Holdings and Energy Income Partners. TXO Partners’ shares opened at $18.45, reporting a 12-month range between $17.20 and $23.56. The company missed earnings estimates for Q2, reporting $0.09 EPS and $57.31 million in revenue. TXO recently declared a quarterly dividend of $0.57, yielding 12.36%, with a negative net margin of 60.08%.

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