TXO — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-04

• regulatory changes, including potential shut-ins or production curtailments mandated by the Railroad Commission of Texas;

• loss of production and leasehold rights due to mechanical failure or depletion of wells and our inability to re-establish their production;

• changes to U.S. and foreign governmental regulation, taxation and tariffs;

• our ability to integrate the acquired assets and realize the anticipated benefits of the WRE Acquisition, including, among other things, operating efficiencies, revenue synergies and other cost savings;

• political and economic conditions and events in foreign oil and natural gas producing countries, including embargoes, the recent military conflict involving Iran, attacks in the Red Sea and other continued hostilities in the Middle East and other sustained military campaigns, the armed conflict in U…

Text removed vs the prior filing · source: 10-Q · 2025-11-04

• •environmental, weather, drilling and other operating risks;

• •regulatory changes, including potential shut-ins or production curtailments mandated by the Railroad Commission of Texas;

• •loss of production and leasehold rights due to mechanical failure or depletion of wells and our inability to re-establish their production;

• •changes to U.S. and foreign governmental regulation, taxation and tariffs;

• •our ability to integrate the acquired assets and realize the anticipated benefits of the WRE Acquisition, including, among other things, operating efficiencies, revenue synergies and other cost savings;

Text added vs the prior filing · source: 10-Q · 2026-05-04

• We are exposed to market risk, including the effects of adverse changes in commodity prices and interest rates as described below. The primary objective of the following information is to provide quantitative and qualitative information about our potential exposure to market risks. The term “market …

• At March 31, 2026, we had $270.0 million of variable rate debt outstanding. Assuming no change in the amount outstanding, the impact on interest expense of a 1% increase or decrease in the average interest rate would be approximately $2.7 million per year. See “Management’s Discussion and Analysis o…

Text removed vs the prior filing · source: 10-Q · 2025-11-04

• We are exposed to market risk, including the effects of adverse changes in commodity prices and interest rates as described below. The primary objective of the following information is to provide quantitative and qualitative information about our potential exposure to market risks. The term “market …

• in commodity prices and interest rates. The disclosures are not meant to be precise indicators of expected future losses, but rather indicators of reasonably possible losses. All of our market risk sensitive instruments were entered into for purposes other than speculative trading. Also, gains and l…

• At September 30, 2025, we had $264.0 million of variable rate debt outstanding. Assuming no change in the amount

• outstanding, the impact on interest expense of a 1% increase or decrease in the average interest rate would be

• approximately $2.6 million per year. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources—Revolving credit agreement.”