TXO Partners, L.P. Investor Presentation August 2025
Disclaimer and Forward-Looking Statements This presentation contains forward-looking statements, as defined under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended,…
TXO Partners Unique MLP in Energy Owners of long-lived legacy properties with robust / strong cash flows Vision for long-term distribution model Building value with the right assets over time Management and Board are…
About Us TXO Partners, L.P. (NYSE:&TXO) (NYSE NYSE Texas: TXO) 642K 5.55 210M 642,000 Net Acres Primarily Total Per Share Distributions Total Dollars Distributed to Across Three Major US Basins Since IPO Unitholders Since IPO…
Introduction to TXO Partners Low-decline, conventional assets allow the Company to Colorado distribute a substantial portion of its cash flow from WillistonBasin Williston Basin operations TXO is a yield-oriented independent oil and…
We Operate in High Impact Basins TXO operates in three prolific US basins Exposure to oil and natural gas inventory provides capital Williston Basin allocation flexibility Conventional Base + Unconventional Upside Portfolio…
Stable Return of Capital Program = Cash Distribution Peer leading decline rates provide relatively stable distributable cash flow Quarterly Distributions per Unit Cumulative Distributions per Unit since IPO 7 Source: Public…
Williston Basin Return to the Williston Basin and Elm Coulee Field in 2024 with further consolidation in 2025 Expands opportunity for extended reach laterals Enhances oil share of TXOs portfolio Significantly improves our operating…
San Juan Basin Mancos Shale Play Core Mancos with Infrastructure Advantages 58,500 TXO Net Acres in Mancos Play San Juan Basin 3,250 Net Acres in Phase I Development 6% Phase I as a percentage of TXO total PHASE 1 Phase…
Financial Strategies TXOs financial profile supports substantial free cash flow High Margin and 1H 2025 development costs were 31% of Cash Available for Distribution(1) Efficient Capital Full-year development costs are budgeted to…
Hedge Profile Summary As of 7/31/25 Crude Oil WAVG NYMEX Production Period BBls per Day Price per BBl July 2025 9,000 65.11 August 2025 - December 2025 10,000 64.63 January 2026 - June 2026 7,000 64.81 July 2026 - September 2026…
Experienced and Personally Invested Management Team with an Extensive Track Record of Value Creation Executives Bob Simpson Brent Clum Gary Simpson Scott Agosta Keith Hutton Chairman of the Board Co-Chief Executive Officer,…
Investment Considerations and Opportunity Highlights Experienced and personally invested management team with an 1 extensive track record of value creation Top-tier management with significant industry experience in acquiring and…