Director & 10% Owner Bob R. Simpson Buys Another $5.26M in TXO Units
TXO sits 31% above its 52-week low of $10.12.
Summary
Director and 10% owner Bob R. Simpson purchased an additional $5.26 million in TXO Partners common units, continuing a pattern of significant insider accumulation.
Key Events · Ownership and Investor Activity · TXO
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Significant Insider Purchase
Bob R. Simpson, a Director and 10% owner, purchased $5,258,330 worth of TXO Partners common units in open market transactions.
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Continued Accumulation
This purchase contributes to a broader pattern of insider accumulation, with over $15.46 million in net open-market purchases by insiders over the last 90 days.
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Transaction Details
The purchases involved 384,408 shares across three transactions between May 21 and May 26, 2026, at prices ranging from $13.27 to $13.77 per unit.
Analysis · TXO · Energy & Transportation
This filing indicates continued strong conviction from a key insider, Bob R. Simpson, who is both a Director and a 10% owner. His $5.26 million open-market purchase adds to a broader trend of significant insider accumulation at TXO Partners, totaling over $15 million in the past 90 days. Such sustained buying by a major shareholder and board member suggests confidence in the company's future prospects, especially following recent financial reports and asset sales.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TXO was trading at $13.30 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $734.7M. The 52-week trading range was $10.12 to $16.26. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.