TXO Partners Announces Public Offering of 5M Common Units
Portfolio Pulse from Benzinga Newsdesk
TXO Partners has announced a public offering of 5 million common units. The proceeds will be used to fund asset acquisitions from Eagle Mountain Energy and a private company, repay borrowings, and for general partnership purposes.
June 25, 2024 | 8:18 pm
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TXO Partners is issuing 5 million common units in a public offering. The funds will be used for asset acquisitions, debt repayment, and general purposes.
The public offering will provide TXO Partners with capital to fund strategic asset acquisitions and reduce debt, which could strengthen its financial position and growth prospects.
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