Bob Simpson's sustained buying — $9.46M in 7 days — is a strong vote of confidence from a 10% owner. Monitor for any upcoming operational updates (production guidance, distribution changes) that may have triggered this buying. The stock is trading near $12.50, and Simpson's average cost is ~$12.50, providing a potential floor.
Price Chart
Executive Summary
Two TXO directors, including 10% owner Bob Simpson, purchased a combined $2.15M in open-market shares over two days, with Simpson alone buying $2.03M. This insider buying cluster represents 0.32% of TXO's $680M market cap — a modest but notable signal of insider confidence, especially given Simpson's large personal stake and the stock's recent price levels.
Key Financial Metrics
Key Facts
- Bob Simpson (Director, 10% Owner) purchased 162,365 shares at $12.50 for $2.03M on 2026-05-08
- William H. Adams III (Director) purchased 10,000 shares at $12.41 for $124K on 2026-05-08
- Total cluster value: $2.15M, representing 0.32% of TXO's $680M market cap
- Simpson also bought 500,000 shares ($6.34M) on 2026-05-11 and 87,635 shares ($1.09M) on 2026-05-07, bringing his 7-day total to ~$9.46M
- All transactions are open-market purchases (code P) — no non-cash transactions in this cluster
Financial Impact
Insiders purchased $2.15M in open-market shares over 2 days, with Simpson's total 7-day purchases exceeding $9.4M
Risk Factors
- Crude oil and natural gas prices remain volatile, which could pressure TXO's cash flows regardless of insider sentiment
- The cluster value is modest relative to market cap (0.32%), limiting its signal strength
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TXO-1778535603547 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 13, 2026 10w ago | Insider Buy | $13.81 | awaiting T+60 | — | $14.27 (+3.33%) |
Aug 11, 2026 10w ago | Insider Buy | $14.44 | awaiting T+60 | — | $14.27 (−1.18%) |
Jun 11, 2026 19w ago | Institutional Cluster | $13.06 $15.06 | ▼ −15.31% | ▼ −10.92% | $14.27 (−9.26%) |
May 28, 2026 21w ago | 8-K | $12.72 $14.09 | ▲ +10.77% | ▲ +9.59% | $14.27 (+12.19%) |
May 15, 2026 23w ago | Insider Cluster | $13.52 $14.44 | ▲ +6.80% | ▲ +1.95% | $14.27 (+5.55%) |
May 8, 2026 24w ago | Insider Cluster | $12.31 $12.98 | ▲ +5.44% | ▲ +0.60% | $14.27 (+15.92%) |
May 4, 2026 25w ago | 8-K | $12.50 $13.19 | ▲ +5.52% | ▲ +2.78% | $14.27 (+14.16%) |
Apr 1, 2026 29w ago | Insider Cluster | $12.52 $12.50 | ▲ +0.16% | ▲ +14.03% | $14.27 (−13.98%) |
Mar 10, 2026 32w ago | 8-K | $12.34 $13.44 | ▲ +8.91% | ▼ −2.61% | $14.27 (+15.64%) |
US Market Status
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