TXO Energy Partners Announces CEO Leadership Transition

Story Highlights
  • TXO Partners announced CEO Bob R. Simpson’s resignation, effective April 1, 2025.
  • Brent W. Clum and Gary D. Simpson appointed as Co-CEOs to ensure continuity and strategic oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TXO Energy Partners Announces CEO Leadership Transition

TXO Energy Partners LP ( (TXO) ) just unveiled an update.

On March 19, 2025, TXO Partners announced the resignation of Bob R. Simpson as CEO, effective April 1, 2025, while he will remain as Chairman of the Board. In his place, Brent W. Clum and Gary D. Simpson have been appointed as Co-Chief Executive Officers, with Gary D. Simpson also joining the Board of Directors. This leadership transition aims to ensure continuity and strategic oversight, with both new appointees bringing extensive experience to their roles, highlighting the company’s commitment to maintaining its mission as a production and distribution company.

More about TXO Energy Partners LP

TXO Partners, L.P. is a master limited partnership specializing in the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America, with key operations in the Permian Basin, San Juan Basin, and Williston Basin.

YTD Price Performance: 19.79%

Average Trading Volume: 127,537

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $794.5M

For an in-depth examination of TXO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App