Bob R Simpson, a director and 10% owner of TXO Partners, purchased 148,403 common units for about $1.97 million.
The insider buying occurred over two days. On May 18, 2026, he bought 58,251 units at a weighted average price of $13.1687.
On May 20, 2026, he acquired 90,152 more units at a weighted average of $13.3514.
Direct ownership now stands at 7.95 million units.
TXO shares trade at $13.23, up roughly 31% year-to-date.
Analysts maintain price targets of $19 to $22 per unit.
Recent updates from Raymond James and Stifel raised price targets for TXO.
