Is TXO or USEG more undervalued in 2026?

CirclFi compares TXO Partners, L.P. (TXO) and U.S. Energy Corp. (USEG) using 13 institutional-grade valuation models. TXO has a Quality of Company score of 6.2/10 while USEG scores 5.5/10.

Which is a better buy — TXO or USEG?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do TXO and USEG valuations compare?

TXO at $12.72 and USEG at $1.00 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

TXO vs USEG Valuation Comparison 2026 — Intrinsic Value Analysis

TXO

Crude Petroleum & Natural Gas

TXO Partners, L.P.

Quality

6.2

out of 10

Value Trap

LOW

Price

$12.72

Last close

Models

11/13

Active

USEG

Crude Petroleum & Natural Gas

U.S. Energy Corp.

Quality

5.5

out of 10

Value Trap

LOW

Price

$1.00

Last close

Models

9/13

Active

Model-by-Model Comparison

Model	Type	TXO Fair Value	TXO Upside	USEG Fair Value	USEG Upside
Bayesian DCF	Intrinsic	$35.71	+180.7%	$0.81	-18.8%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$18.28	+48.9%	—	—
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$6.42	-49.6%	$0.36	-64.4%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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TXO vs USEG — Which Stock Is More Undervalued?

TXO scores higher with a 6.2/10 quality rating vs USEG's 5.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing TXO Partners, L.P. (TXO) and U.S. Energy Corp. (USEG) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

TXO currently trades at $12.72 with a QOC of 6.2/10, while USEG trades at $1.00 with a QOC of 5.5/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).