HUTTON KEITH A

Director Keith A Hutton buys 700,000 shares of TXO at $15.00; cluster pattern with 4 other insiders in 14 days; stock down 32.4% from 52-week high.

Keith A Hutton, a director, purchased 700,000 shares (700.0K shares) at $15.00 on 2025-05-15, bringing total holdings to 4,820,215 shares (4.82M shares), a 17.0% increase. The transaction occurs during a period of weakness: the stock is trading at $15.44, down 32.4% from its 52-week high of $22.84 and down 19.0% over the past 90 days. Most significantly, this purchase is part of a cluster pattern with 4 other insiders also buying within the past 14 days. While Hutton's prior trades at TXO show a strong track record—3 of 4 measurable prior buys at this ticker posting positive 90-day returns ranging from +18.9% to +27.1%—current fundamentals present headwinds: annual revenue contracted 25.7% year-over-year, the stock trades at a P/E of 40.63, and the company generated only $2.4M net income on $84.3M in quarterly revenue. The coordinated insider accumulation at depressed valuations alongside deteriorating revenue growth merits close observation of whether this reflects management's assessment of turnaround potential or capitulation buying.

Director Keith Hutton buys 120,000 shares across 3 days ($1.9M) at blended $15.88 as stock declines 30.4% from 52-week high.

Keith Hutton, Director at TXO Partners, executed three separate purchases totaling 120,000 shares (120.0K shares) for $1,905,020.00 ($1.9M) over December 17–19, 2024, at prices ranging from $15.64 to $16.04, raising his holdings from 4,000,215 to 4,120,215 shares. The purchase came at $15.89, representing a 30.4% discount from the 52-week high of $22.84 and occurred as the stock was down 11.8% over 30 days and 13.7% over 90 days. However, Hutton's prior open-market buy activity across all tickers shows a 0.00% win rate at the 90-day mark, and his one prior buy at TXO (June 2024) also posted a 90-day return of -7.6%, suggesting a pattern of ill-timed entries during downturns. The company reported strong annual revenue growth of +54.5% but remained unprofitable for the full fiscal year with only $203,000 in net income against $68,731,000 in quarterly revenue, introducing fundamental uncertainty that may explain both the recent price decline and the insider's willingness to accumulate at lower levels despite poor historical timing outcomes.

TXO Partners President Keith A Hutton bought 878,000 shares at $20.00 for $17.6M; holdings rise 28.1% to 4.00M shares

Keith A Hutton, President of Product and Development at TXO Partners, purchased 878,000 shares at $20.00 on 2024-06-28, bringing his total holdings from 3.12M to 4.00M shares—a 28.1% increase in position size. This represents a material capital commitment of $17.6M from a senior executive. The insider's prior purchase at TXO in November 2023 achieved a 90-day gain of +2.0%, and his cross-ticker track record shows a 100% win rate across all prior buys with an average 90-day return of +2.0%; however, the company's full-year net income was negative despite recent quarterly profitability ($10.3M net income in the latest quarter) and strong annual revenue growth of +54.5%. Current price of $20.16 sits -11.7% below the 52-week high of $22.84 and -8.8% below the 30-day average, providing context for the transaction's timing within the recent price decline.