Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
TXO Partners LP's operating assets for the quarter that ended in Mar. 2026 was $1,313.9 Mil. TXO Partners LP's operating liabilities for the quarter that ended in Mar. 2026 was $440.2 Mil. TXO Partners LP's Total Assets for the quarter that ended in Dec. 2025 was $1,354.9 Mil. Therefore, TXO Partners LP's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.64.
TXO Partners LP Scaled Net Operating Assets Related Terms
TXO Partners LP Scaled Net Operating Assets Historical Data
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The historical data trend for TXO Partners LP's Scaled Net Operating Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TXO vs GFR, VTS, REPX: Scaled Net Operating Assets Comparison
For the Oil & Gas E&P subindustry, TXO Partners LP's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TXO Partners LP Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TXO Partners LP's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where TXO Partners LP's Scaled Net Operating Assets falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Scaled Net Operating Assets of 0.64 mean?
TXO Partners LP (TXO) has a Scaled Net Operating Assets of 0.64 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TXO Partners LP and its competitors.
Is TXO Partners LP's Scaled Net Operating Assets too high?
TXO Partners LP's current Scaled Net Operating Assets is 0.64. Overall, TXO Partners LP has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TXO Partners LP's Scaled Net Operating Assets compare to GFR and VTS?
TXO Partners LP's Scaled Net Operating Assets of 0.64 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TXO Partners LP and its competitors. TXO Partners LP's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXO Partners LP stock overvalued right now?
Based on GuruFocus' analysis, TXO Partners LP (TXO) is currently considered Fairly Valued. The stock's GF Value™ is $11.27, compared to a current price of $12.37 — trading 9.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.64. TXO Partners LP's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For TXO Partners LP (TXO), the current Scaled Net Operating Assets is 0.64 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TXO Partners LP (TXO) Overvalued in 2026?
Based on GuruFocus' analysis, TXO Partners LP stock appears to be overvalued.
The current stock price of $12.37 is trading 9.8% above its estimated GF Value™ of $11.27.
GuruFocus considers TXO Partners LP to be Fairly Valued.
Key valuation signals for TXO:
Scaled Net Operating Assets: 0.64
GF Value™: $11.27 vs. price of $12.37 (9.8% above fair value)
No single metric tells the full story. See the TXO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TXO Partners LP is focused on the acquisition, development, optimization, and exploitation of oil, natural gas, and natural gas liquid reserves in North America. Its operations focus on enhancing the development and operation of producing properties through its concentration on efficiency and optimizing exploitation of current wells.
67GF Score
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