TXO TXO Partners, L.P.

TXO moves with MGY, WTI and CHRD once the market is taken out; is bought and sold on the same days as ZENA, FTK, BODI.

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

TXO vs MGY

Both indexed to 100 at 2026-05-11.

TXO MGY · range 83–131 · 2026-05-11 → 2026-11-06

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

MGY Magnolia Oil & Gas Corporation Class A Common Stock

ρ +0.57beyond mkt +0.16holdout +0.59stable 100%robust

WTI W&T Offshore, Inc.

ρ +0.52beyond mkt +0.14holdout +0.61stable 100%robust

CHRD Chord Energy Corporation Common Stock

ρ +0.53beyond mkt +0.07holdout +0.59stable 100%robust

NOV NOV Inc.

ρ +0.39beyond mkt +0.00holdout +0.39stable 100%robust

NDIV Amplify Energy & Natural Resources Covered Call ETF

ρ +0.53beyond mkt +0.07holdout +0.53stable 100%robust

XLE State Street Energy Select Sector SPDR ETF

ρ +0.55beyond mkt +0.02holdout +0.55stable 100%robust

No day-to-day relationship, but 5- or 10-day returns move together.

SMC Summit Midstream Corporation

horizon 10dρ +0.41holdout +0.61stable 88%robust

TBN Tamboran Resources Corporation

horizon 5dρ +0.37holdout +0.44stable 75%robust

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

HRL Hormel Foods Corporation

Δ -0.49recent -0.42prior +0.06beyond mkt -0.01

VIPS Vipshop Holdings Limited

Δ -0.45recent -0.36prior +0.09beyond mkt +0.07

WMK Weis Markets, Inc.

Δ -0.44recent -0.38prior +0.06beyond mkt +0.01

NXST Nexstar Media Group, Inc. Common Stock

Δ -0.44recent -0.39prior +0.04beyond mkt -0.02

CALM Cal-Maine Foods, Inc. Common Stock

Δ -0.43recent -0.36prior +0.07beyond mkt -0.03

BF.B Brown-Forman Corporation Class B

Δ -0.42recent -0.32prior +0.10beyond mkt +0.07

Abnormal volume rises and falls on the same days as TXO's, while prices do not move together: the same hands, not the same business.

Symbol	traded together ρ	big prints together ρ	priced together ρ	q
ZENA ZenaTech, Inc. Common Stock	+0.30	+0.18	-0.02	7e-9
FTK Flotek Industries, Inc.	+0.32	+0.13	-0.06	1e-9
BODI The Beachbody Company, Inc. Class A Common Stock	+0.30	+0.08	-0.00	9e-9
CLBR Colombier Acquisition Corp. III	+0.31	+0.07	-0.04	2e-9