![]() ![]() Hutton, President of Production and Development, also offers his insight: “Given our knowledge and experience with the properties, our technical team will deploy a highly efficient capital program and target high-impact additions to our existing footprint to enhance value over the long term.” We believe we can grow production and expand our resource base as well as providing, securing, and distributing real cash returns for our owners.” We believe our legacy assets provide operational confidence, and our stewardship as experienced owners drives financial discipline. President of Business Operations and CFO, Brent Clum, further commented, “Our unique strategy as a production and distribution enterprise is to maximize economic returns for the investor today, while managing our assets with a long-term vision. “Given our outlook for commodities and our prolific producing properties, we anticipate a full-year distribution of more than $2 per unit with production growth greater than 2% for 2023.” “We are proud of our successful initial public offering in January that launched TXO Partners as a new public company and want to thank our existing partners while welcoming new owners to our mission,” stated Bob R. In accordance with the terms of TXO’s partnership agreement, the amount of the distribution was prorated for the period from Janu(the closing date of TXO’s initial public offering) through March 31, 2023, based on the actual length of that period. ![]() The quarterly distribution will be paid on to eligible unitholders of record as of the close of trading on May 22, 2023. (NYSE: TXO) (formerly known as TXO Energy Partners, L.P.) announced today that the Board of Directors of its general partner declared TXO’s first quarterly distribution of $0.50 per common unit for the quarter ended March 31, 2023. FORT WORTH, Texas–( BUSINESS WIRE)–TXO Partners, L.P. ![]()
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