0001193125-24-025944.txt : 20240207 0001193125-24-025944.hdr.sgml : 20240207 20240207080127 ACCESSION NUMBER: 0001193125-24-025944 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240207 GROUP MEMBERS: J. LUTHER KING, JR. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TXO Partners, L.P. CENTRAL INDEX KEY: 0001559432 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 320368858 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-94337 FILM NUMBER: 24602243 BUSINESS ADDRESS: STREET 1: 400 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-334-7800 MAIL ADDRESS: STREET 1: 400 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: TXO Energy Partners, L.P. DATE OF NAME CHANGE: 20230131 FORMER COMPANY: FORMER CONFORMED NAME: MorningStar Partners, L.P. DATE OF NAME CHANGE: 20121002 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KING LUTHER CAPITAL MANAGEMENT CORP CENTRAL INDEX KEY: 0000310051 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 75163030 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 301 COMMERCE SUITE 1600 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 8173323235 MAIL ADDRESS: STREET 1: 301 COMMERCE SUITE 1600 CITY: FORT WORTH STATE: TX ZIP: 76102 SC 13G 1 d679708dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ___)*

 

 

TXO Partners, L.P.

(Name of Issuer)

Common Units

(Title of Class of Securities)

87313P103

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 87313P103    Page 2 of 6

 

 1.   

 Names of Reporting Persons.

 

 Luther King Capital Management Corporation

 2.  

 Check the Appropriate Box if a Member of a Group (See Instructions)

 

 (a) ☐  (b) ☒

 3.  

 SEC Use Only

 

 4.  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5.    

 Sole Voting Power

 

 2,591,530

   6.   

 Shared Voting Power

 

 0

   7.   

 Sole Dispositive Power

 

 2,591,530

   8.   

 Shared Dispositive Power

 

 0

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 2,591,530

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions):

 

 ☐

11.  

 Percent of Class Represented by Amount in Row (9)

 

 8.4%

12.  

 Type of Reporting Person (See Instructions)

 

 IA, CO

CUSIP No. 87313P103   Page 3 of 6

 

 1.   

 Names of Reporting Persons.

 

 J. Luther King, Jr.

 2.  

 Check the Appropriate Box if a Member of a Group (See Instructions)

 

 (a) ☐  (b) ☒

 3.  

 SEC Use Only

 

 4.  

 Citizenship or Place of Organization

 

 United States

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5.    

 Sole Voting Power

 

 3,331,474

   6.   

 Shared Voting Power

 

 0

   7.   

 Sole Dispositive Power

 

 3,331,474

   8.   

 Shared Dispositive Power

 

 0

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 3,331,474

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions):

 

 ☐

11.  

 Percent of Class Represented by Amount in Row (9)

 

 10.8%

12.  

 Type of Reporting Person (See Instructions)

 

 IN

CUSIP No. 87313P103       Page 4 of 6

 

Item 1(a)    Name of Issuer
   TXO Partners, L.P.
Item 1(b)    Address of Issuer’s Principal Executive Offices
   400 West 7th Street
   Fort Worth, Texas 76102
Item 2(a)    Name of Person Filing
   Luther King Capital Management Corporation
   J. Luther King, Jr.
Item 2(b)    Address of Principal Business Offices
   301 Commerce Street, Suite 1600
   Fort Worth, Texas 76102
Item 2(c)    Citizenship
   Luther King Capital Management Corporation – Delaware
   J. Luther King, Jr. – United States
Item 2(d)    Title of Class of Securities
   Common Units
Item 2(e)    CUSIP Number
   87313P103
Item 3    Status of Person Filing
   Not applicable.
Item 4    Ownership
  

(a)   Amount beneficially owned:

  

Luther King Capital Management Corporation – 2,591,530

  

J. Luther King, Jr. – 3,331,474

  

(b)   Percent of class:

  

Luther King Capital Management Corporation – 8.4%

  

J. Luther King, Jr. – 10.8%

  

(c)   Number of shares as to which the person has:

  

(i) Sole power to vote or to direct the vote:

  

Luther King Capital Management Corporation – 2,591,530

  

J. Luther King, Jr. – 3,331,474

  

(ii)  Shared power to vote or to direct the vote: 0

  

(iii)  Sole power to dispose or to direct the disposition of:

  

Luther King Capital Management Corporation – 2,591,530

  

J. Luther King, Jr. – 3,331,474

  

(iv) Shared power to dispose or to direct the disposition of: 0

Item 5    Ownership of Five Percent or Less of a Class
   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ☐
Item 6    Ownership of More than Five Percent on Behalf of Another Person
   Not applicable.
Item 7    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
   Not applicable.
Item 8    Identification and Classification of Members of the Group
   Not applicable.
Item 9    Notice of Dissolution of Group
   Not applicable.
Item 10    Certification
   Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Luther King Capital Management Corporation
By:   /s/ J. Luther King, Jr.
  J. Luther King, Jr.
  President
/s/ J. Luther King, Jr.
J. Luther King, Jr.

Dated: February 7, 2024

LIST OF EXHIBITS

 

Exhibit No.

   

Description

1    Joint Filing Agreement

 

 EX-99.1 2 d679708dex991.htm EX-99.1 EX-99.1

Exhibit 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of February 7, 2024.

 

Luther King Capital Management Corporation
By:   /s/ J. Luther King, Jr.
  J. Luther King, Jr.
  President
/s/ J. Luther King, Jr.
J. Luther King, Jr.