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TXO Partners, L.P. Common Units Representing Limited Partner Interests (TXO)

17.03
-1.73 (-9.22%)
NYSE · Last Trade: Apr 5th, 2:57 PM EDT
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Competitors to TXO Partners, L.P. Common Units Representing Limited Partner Interests (TXO)

Holly Energy Partners, L.P.

Holly Energy Partners focuses on the transportation and storage of petroleum products, which directly competes with TXO Partners in the midstream oil and gas sector. HEP benefits from its extensive network of pipelines and terminals which may provide it with an edge in operational scalability and reliability. Additionally, Holly’s established relationships in the refining sector allow it to secure long-term contracts more readily than TXO, thus positioning HEP as a strong market player.

Midcoast Energy Partners, L.P.

Midcoast Energy Partners is also involved in the transportation, storage, and processing of natural gas and natural gas liquids. They compete with TXO Partners through their existing pipelines and processing facilities. Despite having a smaller overall market cap, Midcoast's integration of operations offers a competitive advantage by reducing operational costs and improving service delivery, allowing them to potentially outpace TXO in specific regions.

Minerals Technologies Inc. MTX -4.76%

Minerals Technologies Inc. operates within a niche of the energy sector that focuses more on the supply of specialty mineral products and minerals-based technologies used in energy extraction areas, including oil and gas. This specialization allows them to capture a different segment of the market compared to TXO Partners, and while they don't compete directly, their innovation could impact supply costs for upstream service providers who partner with TXO.

Permian Basin, Inc. PB -2.54%

Permian Basin Inc. operates in the same geographical area as TXO Partners and also offers production and acquisition of oil and gas assets. They compete on operational efficiency, access to high-quality reserves, and cost management, which are crucial in a market known for volatility. Their focus on maximizing production from existing assets allows them to offer competitive pricing and yield, making them a significant competitor in the sector.