TXO Partners, L.P. 6,500,000 Common Units Representing Limited Partner Interests UNDERWRITING AGREEMENTTXO Partners, L.P. • June 28th, 2024 • Crude petroleum & natural gas • New York
TXO Partners, L.P., a Delaware limited partnership (the “Partnership”), proposes, subject to the terms and conditions stated herein, to issue and sell to Raymond James & Associates, Inc., as the sole underwriter (the “Underwriter” or “you”), an aggregate of 7,475,000 common units representing limited partner interests in the Partnership (the “Common Units”). Such aggregate of 6,500,000 Common Units to be purchased from the Partnership by the Underwriter are called the “Firm Units.” In addition, the Partnership has agreed to issue and sell to the Underwriter, upon the terms and conditions stated herein, up to an additional 975,000 Common Units (the “Additional Units”). The Firm Units and the Additional Units are collectively referred to in this Agreement as the “Units.” The Partnership and the Underwriter are referred to in this Agreement collectively as the “Parties” and individually as a “Party.”
