Director Phillip R Kevil purchases 2,000 TXO shares at $11.90; stock down 45.1% from 52-week high of $20.21.
Kevil purchased 2,000 shares of TXO on 2025-12-11 at $11.90 per share, increasing his holdings by 7.3% to 29,384 shares. The transaction occurs amid significant price weakness: the stock trades at $11.09 currently, down 45.1% from its 52-week high of $20.21 and down 18.2% over the past 30 days. At TXO specifically, Kevil's timing record shows 3 of 4 prior measurable buys generated positive 90-day returns (+18.0%, +10.3%, +11.7%), suggesting some pattern of purchasing before recoveries. However, the company faces headwinds: annual revenue growth is -25.7%, the P/E of 35.77 is elevated relative to current profitability ($4.4M net income on $100.9M revenue), and the 30-day and 90-day declines indicate sustained selling pressure. The purchase adds to an existing 29.4K-share position, neither a token stake nor a dramatic concentration increase.