Txo Partners L P's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Txo Partners L P (TXO) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Txo Partners L P vs Its Competitors
- TTM: Trailing 12-month revenue of 360M vs 45,608M combined for its competitors (0.8% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-38.8% annualized vs trailing 12 months), vs accelerating (+14.6%) for its tracked peer group.
- Growth: Txo Partners L P generated -45.4% revenue growth year over year in Q3 2026, vs 42.4% for its competitors combined.
- Profitability: Its -58.2% net margin compares with 11.2% for the peer group.
- Scale: Txo Partners L P ranks #61 of 133 companies by market capitalization in the Oil And Gas Production industry, holding 0.0% of industry market cap.
- Peer revenue share: Txo Partners L P accounted for 0.4% of combined revenue among its tracked peer group, down from 1.1% a year earlier.
- Peer differentiation: Revenue per employee of $1.56M compares with $5.37M for the peer group (0.3x).
- Structure: Txo Partners L P operates in the following segments: Reportable Segment.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
TXO Sales vs. its Competitors, Q3 2026
Txo Partners L P reported revenue contraction of 45.39 % year on year in Q3 2026, below its competitors' combined revenue growth of 42.44 %.
With a net margin of -58.24 %, Txo Partners L P reported lower profitability than its competitors (11.21 %).
Txo Partners L P generated 0.42 % of the combined sales of its peer group, down from 1.09 % a year earlier.
API endpoints for this dataset
Txo Partners L P vs. its Competitors, Q3 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Txo Partners L P reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Txo Partners L P and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Txo Partners L p | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (7) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Txo Partners L P's competitor groups requires a Commercial License.
For context: the Oil And Gas Production industry grew revenue 3.2% year over year, combined, vs -45.4% for Txo Partners L P. Txo Partners L P's share of combined industry revenue moved from 0.01% to 0.00%, a gain of 0.00 percentage points.
Txo Partners L P's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Txo Partners L p | No | No | Yes | Yes |
| Competitors combined (8) | ||||
| Similar-Size Competitors (9) | ||||
| Similar Growth & Profitability (8) | 12.50 % (1 of 8) | 37.50 % (3 of 8) | 50.00 % (4 of 8) | 25.00 % (2 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
TXO Stock Performance relative to its Competitors
TXO Stock Performance relative to Similar-Size Competitors
TXO Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Blue Dolphin Energy Co | 282.9% | Outperformed |
| 2 | Oneok Inc | 282.9% | Outperformed |
| 3 | Pembina Pipeline Corporation | 282.9% | Outperformed |
| 4 | Plains All American Pipeline Lp | 282.9% | Outperformed |
| 5 | Energy Transfer Lp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Txo Partners L P's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Txo Partners L p
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Txo Partners L p |
728.01 | 360.17 |
 Energy Transfer Lp |
65,414.01 | 92,287.00 |
 Oneok Inc |
53,891.19 | 43,187.00 |
 Pembina Pipeline Corporation |
28,104.78 | 5,568.41 |
 Blue Dolphin Energy Co |
125.34 | 364.86 |
 Plains All American Pipeline Lp |
- | 52,306.00 |
| SUBTOTAL | 148,263.33 | 198,116.74 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Txo Partners L p versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Txo Partners L P's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Txo Partners L p | Reportable Segment 100.00 % |
| Energy Transfer Lp | Investment In Sunoco LP 38.49 % |
| Oneok Inc | Refined Products and Crude Oil 53.35 % |
| Blue Dolphin Energy Co | Refinery Operations 99.47 % |
| Plains All American Pipeline Lp | Natural Gas Liquids 0.12 % |
| Hess Midstream Lp | Gathering 52.32 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Txo Partners L P's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Txo Partners L p | 728 | 1,559,190 | -319,935 |
| Energy Transfer Lp | 65,414 | 4,136,390 | 267,312 |
| Oneok Inc | 53,891 | 6,826,905 | 643,535 |
| Pembina Pipeline Corporation | 28,105 | 2,086,327 | 454,389 |
| Blue Dolphin Energy Co | 125 | 3,257,634 | 235,205 |
| Plains All American Pipeline Lp | - | 13,411,795 | 797,949 |
| PEERS TOTAL | 147,535 | 5,368,276 | 425,265 |
Txo Partners L P's Position in Industry Market Structure
Market-capitalization share and concentration across all 112 companies in Txo Partners L P's industry classification, broader than the peer set above. Market cap in millions of $.Txo Partners L P ranks #61 of 112 companies by market capitalization in its industry, holding 0.05 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 788, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Shell Plc | 297,503 | 18.60 % |
| 2 | Totalenergies Se | 210,564 | 13.16 % |
| 3 | Petrobras Petroleo Brasileiro Sa | 137,905 | 8.62 % |
| 4 | Canadian Natural Resources Limited | 107,018 | 6.69 % |
| 5 | Eni Spa | 1,234 | 5.2% |
| 6 | Eog Resources Inc | 1,234 | 5.2% |
| 7 | Slb Limited | 1,234 | 5.2% |
| 8 | Occidental Petroleum Corporation | 1,234 | 5.2% |
| 9 | Diamondback Energy Inc | 1,234 | 5.2% |
| 10 | Cenovus Energy Inc | 1,234 | 5.2% |
| 61 | Txo Partners L p | 744 | 0.05 % |
Market cap and industry share for the rest of Txo Partners L P's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-06.
Txo Partners L P's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 56 | Diversified Energy Company | 949 | -5.40 % |
| 57 | Riley Exploration Permian Inc | 876 | 59.39 % |
| 59 | Tetra Technologies Inc | 844 | -17.75 % |
| 60 | Propetro Holding Corp | 784 | -42.16 % |
| 61 | Txo Partners L p | 744 | -1.26 % |
| 62 | Obsidian Energy Ltd | 1,234 | 12.3% |
| 63 | Granite Ridge Resources Inc | 1,234 | 12.3% |
| 64 | Atlas Energy Solutions Inc | 1,234 | 12.3% |
| 65 | Tamboran Resources Corporation | 1,234 | 12.3% |
| 66 | Vitesse Energy Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Txo Partners L P's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-06. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Txo Partners L P's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Oil And Gas Production industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (245 companies). See the full Oil And Gas Production industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.00 % | 26.12 % (avg) | -26.1 pp |
| Operating Margin | -23.74 % | industry median | -34.0 pp |
| EBITDA Margin | 4.49 % | 18.45 % (avg) | -14.0 pp |
| Capital Intensity (Capex / Revenue) | 27.95 % | 27.30 % (avg) | +0.6 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Txo Partners L P's Valuation vs Competitive Position
Valuation multiples vs the Oil And Gas Production industry average (245 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Oil And Gas Production industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 16.3x | - |
| EV / EBITDA | 62.6x | 9.5x | +53.2x |
| P/B | - | 2.0x | - |
| Return on Equity | - | industry aggregate | - |
| Return on Invested Capital | -7.72 % | 0.92 % (avg) | -8.64 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Txo Partners L P's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue Growth | 54.51 % | -25.72 % | 41.80 % |
| Operating Margin | -32.51 % | -2.43 % | -7.63 % |
| Return on Invested Capital | -14.97 % | -0.83 % | -2.82 % |
| P/E | - | 25.6x | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Txo Partners L P's Strategic Group Map
Txo Partners L P is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Txo Partners L P's trailing-12-month revenue growth of -1.2% and operating margin of -23.7% compares with an average of -5.2% growth and -19.7% margin across its 8 closest peers by combined growth, margin and ROIC -- Txo Partners L P sits above that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Txo Partners L P's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Txo Partners L P falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue -2.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Txo Partners L P's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 788 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 27.95 % vs industry average 27.30 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Txo Partners L P's dedicated Suppliers and Customers pages, not here.
Txo Partners L P's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Txo Partners L P falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Txo Partners L P's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Operating margin 34.0 points below the industry median.
- Latest-quarter revenue run-rate is decelerating (-38.8% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.00x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Txo Partners L P's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Txo Partners L p | 0.19 | 0.67 | - |
| Energy Transfer Lp | 0.09 | 1.23 | 1.51 |
| Oneok Inc | 0.02 | 0.75 | 1.30 |
| Pembina Pipeline Corporation | 0.05 | 0.61 | 0.71 |
| Blue Dolphin Energy Co | 0.12 | 0.86 | 0.93 |
| Plains All American Pipeline Lp | 0.12 | 1.01 | 1.03 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Txo Partners L P's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Txo Partners L p | Q3 2026 | -45.4 % | - |
| Energy Transfer Lp | Q1 2026 | +32.1 % | +14.9 % |
| Oneok Inc | Q3 2026 | +44.3 % | +43.6 % |
| Pembina Pipeline Corporation | Q4 2025 | +3.3 % | -11.4 % |
| Blue Dolphin Energy Co | Q2 2026 | +154.9 % | - |
| Plains All American Pipeline Lp | Q2 2026 | +66.3 % | +548.1 % |
| PEERS TOTAL | +38.2 % | +45.4 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Txo Partners L P's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Txo Partners L p | Q3 2026 | - | +85.2 % |
| Energy Transfer Lp | Q1 2026 | +35.8 % | +56.5 % |
| Oneok Inc | Q3 2026 | +61.2 % | +16.5 % |
| Pembina Pipeline Corporation | Q4 2025 | +6.9 % | - |
| Blue Dolphin Energy Co | Q2 2026 | +112.7 % | +317.2 % |
| Plains All American Pipeline Lp | Q2 2026 | +69.7 % | -18.8 % |
Txo Partners L P's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Txo Partners L p | - | - | - |
| Energy Transfer Lp | 4.39% | 5.29% | 13.74% |
| Oneok Inc | 5.86% | 6.90% | 16.20% |
| Pembina Pipeline Corporation | 4.68% | 6.69% | 9.92% |
| Blue Dolphin Energy Co | 23.24% | 48.54% | 66.65% |
| Plains All American Pipeline Lp | 10.45% | 12.11% | 26.11% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Txo Partners L P's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Txo Partners L p | - | 2.02 |
| Energy Transfer Lp | 15.79 | 0.71 |
| Oneok Inc | 13.21 | 1.25 |
| Pembina Pipeline Corporation | 18.15 | 5.05 |
| Blue Dolphin Energy Co | 4.75 | 0.34 |
| Plains All American Pipeline Lp | 17.30 | - |
| PEERS AVERAGE | 9.51 | 0.75 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.