TXO Partners LP Completes Full Exercise of Underwriters' Option, Paving Way for Acquisition of White Rock Energy Assets

Reuters05-20

TXO Partners LP Completes Full Exercise of Underwriters' Option, Paving Way for Acquisition of White Rock Energy Assets

FORT WORTH, Texas--TXO Partners, L.P. $(TXO)$ announced the full exercise and closing of the underwriters' option to purchase an additional 1,750,000 common units, at $15.00 per unit, generating approximately $23.9 million in net proceeds. This funding is intended to partially finance the acquisition of assets from White Rock Energy, LLC, a Quantum Capital Group portfolio company. If the acquisition does not proceed, TXO plans to use the proceeds to repay existing borrowings under its revolving credit facility and for general partnership purposes. The transaction was managed by Raymond James, Stifel, Capital One Securities, Mizuho, and Texas Capital Securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXO Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20250519834280) on May 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2536174637?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-20 04:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2536174637","market":"nz","top_or_hot":-1,"title":"TXO Partners LP Completes Full Exercise of Underwriters' Option, Paving Way for Acquisition of White Rock Energy Assets","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      TXO Partners LP Completes Full Exercise of Underwriters' Option, Paving Way for Acquisition of White Rock Energy Assets\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        FORT WORTH, Texas--TXO Partners, L.P. <a href=\"https://laohu8.com/S/TXO\">$(TXO)$</a> announced the full exercise and closing of the underwriters' option to purchase an additional 1,750,000 common units, at $15.00 per unit, generating approximately $23.9 million in net proceeds. This funding is intended to partially finance the acquisition of assets from White Rock Energy, LLC, a Quantum Capital Group portfolio company. If the acquisition does not proceed, TXO plans to use the proceeds to repay existing borrowings under its revolving credit facility and for general partnership purposes. The transaction was managed by Raymond James, Stifel, Capital One Securities, Mizuho, and Texas Capital Securities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXO Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20250519834280) on May 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TXO Partners LP Completes Full Exercise of Underwriters' Option, Paving Way for Acquisition of White Rock Energy Assets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTXO Partners LP Completes Full Exercise of Underwriters' Option, Paving Way for Acquisition of White Rock Energy Assets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-20 04:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      TXO Partners LP Completes Full Exercise of Underwriters' Option, Paving Way for Acquisition of White Rock Energy Assets\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        FORT WORTH, Texas--TXO Partners, L.P. <a href=\"https://laohu8.com/S/TXO\">$(TXO)$</a> announced the full exercise and closing of the underwriters' option to purchase an additional 1,750,000 common units, at $15.00 per unit, generating approximately $23.9 million in net proceeds. This funding is intended to partially finance the acquisition of assets from White Rock Energy, LLC, a Quantum Capital Group portfolio company. If the acquisition does not proceed, TXO plans to use the proceeds to repay existing borrowings under its revolving credit facility and for general partnership purposes. The transaction was managed by Raymond James, Stifel, Capital One Securities, Mizuho, and Texas Capital Securities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXO Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20250519834280) on May 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0787776722.HKD","symbol_name":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nNDL6YyXjh:1","article_id":"2536174637","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536174637","pubTimestamp":1747685594,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"FORT WORTH, Texas--TXO Partners, L.P.  announced the full exercise and closing of the underwriters' option to purchase an additional 1,750,000 common units, at $15.00 per unit, generating approximately $23.9 million in net proceeds. This funding is intended to partially finance the acquisition of assets from White Rock Energy, LLC, a Quantum Capital Group portfolio company. If the acquisition does not proceed, TXO plans to use the proceeds to repay existing borrowings under its revolving credit facility and for general partnership purposes. The transaction was managed by Raymond James, Stifel, Capital One Securities, Mizuho, and Texas Capital Securities.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXO Partners LP published the origi","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK4213":"石油与天然气的勘探与生产","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4166":"消费信贷","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","BK4588":"碎股","LU0106831901.USD":"贝莱德世界金融基金A2","SF":"Stifel Financial Corp","BK4127":"投资银行业与经纪业","BK4211":"区域性银行","COF":"第一资本","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU1861217088.USD":"贝莱德金融科技A2","BK4516":"特朗普概念","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4559":"巴菲特持仓","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","TXO":"TXO PARTNERS L.P","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4590":"PTP","BK4585":"ETF&股票定投概念","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","TCBI":"Texas Capital Bancshares","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","RJF":"瑞杰金融"},"translate_title":"TXO Partners LP完成承销商选择权的全面行使，为收购White Rock Energy资产铺平道路","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COF":0.9,"RJF":0.9,"TXO":0.9,"TCBI":0.9,"SF":0.9},"content_text":"TXO Partners LP Completes Full Exercise of Underwriters' Option, Paving Way for Acquisition of White Rock Energy Assets\n    \n\n        FORT WORTH, Texas--TXO Partners, L.P. $(TXO)$ announced the full exercise and closing of the underwriters' option to purchase an additional 1,750,000 common units, at $15.00 per unit, generating approximately $23.9 million in net proceeds. This funding is intended to partially finance the acquisition of assets from White Rock Energy, LLC, a Quantum Capital Group portfolio company. If the acquisition does not proceed, TXO plans to use the proceeds to repay existing borrowings under its revolving credit facility and for general partnership purposes. The transaction was managed by Raymond James, Stifel, Capital One Securities, Mizuho, and Texas Capital Securities.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXO Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20250519834280) on May 19, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2536174637","isCrawlerRequest":true}