TXO Energy Partners LP

MorningStar Partners is a growth-oriented independent oil and natural gas company. It focuses on the acquisition, development, and exploration of oil, natural gas, and natural gas liquid reserves in North America. It was founded in 2012 and is headquartered in Fort Worth, Texas.

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

TXO Partners LP engages in the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves. It focuses on the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado. The company was founded by Bob R. Simpson, Brent W. Clum, Keith A. Hutton, and Vaughn O. Vennerberg II on January 18, 2012 and is headquartered in Fort Worth, TX.

The consensus price target hints at a 44.4% upside potential for TXO Partners LP (TXO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does TXO Partners LP (TXO) Have the Potential to Rally 44.43% as Wall Street Analysts Expect?

TXO Partners LP (TXO) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.29 per share a year ago.

TXO Partners LP (TXO) Q1 Earnings and Revenues Surpass Estimates

FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.65 per common unit for the quarter ended March 31, 2024. The quarterly distribution will be paid on May 29, 2024, to eligible unitholders of record as of the close of trading on May 20, 2024. “Our first quarter performance highlights the effectiveness of our unique financial enterprise in the energy sector,” stated Bob R. Simpson, Ch.

TXO Partners Declares a First Quarter 2024 Distribution of $0.65 on Common Units; Files Quarterly Report on Form 10-Q

TXO Partners LP (TXO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TXO Partners LP (TXO) Expected to Beat Earnings Estimates: Should You Buy?

Barings BDC Inc

Black Stone Minerals LP

Civitas Resources

Global Ship Lease

NextEra Energy

New Fortress Energy

PennyMac Mortgage Investment

PennantPark Investment

Prospect Capital

Vodafone Group

Westlake Chemical Partners LP

One way for investors to work smarter, not harder, is with passive income.

For $10,000 in Passive Income, Invest $7,500 in These 12 Dividend Stocks

ERO Copper Corp

PepGen Inc

TXO, PEPG and ERO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 25, 2024.

Best Momentum Stocks to Buy for April 25th

Rimini Street

Takeda Pharmaceutical

TAK, TXO, PEPG, ERO and RMNI have been added to the Zacks Rank #1 (Strong Buy) List on April 25, 2024.

New Strong Buy Stocks for April 25th

TXO Partners LP (TXO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why TXO Partners LP (TXO) Might be Well Poised for a Surge

The average of price targets set by Wall Street analysts indicates a potential upside of 58.3% in TXO Partners LP (TXO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 58.28% Upside in TXO Partners LP (TXO): Here's What You Should Know

FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.58 per common unit for the quarter ended December 31, 2023. The quarterly distribution will be paid on March 28, 2024, to eligible unitholders of record as of the close of trading on March 15, 2024. “We celebrate the success of our first year as a public company with a secure asset base and a confident business plan for our owners,”.

TXO Partners Declares a Fourth Quarter 2023 Distribution of $0.58 on Common Units; Files Annual Report on Form 10-K

Analog Devices

KB Financial Group

ADI, KB and TXO have been added to the Zacks Rank #5 (Strong Sell) List on January 19, 2024.

New Strong Sell Stocks for January 19th

Here is how TXO Partners LP (TXO) and Williams Companies, Inc. (The) (WMB) have performed compared to their sector so far this year.

Is TXO Partners LP (TXO) Outperforming Other Oils-Energy Stocks This Year?

TXO Partners, L.P. units are trading at a pro forma 11.44% current yield after declining following its 3Q23 financial report. The company is focused on the acquisition and development of reserves in North America, with assets in the Permian Basin and San Juan Basin. The stock also saw some insider buying in November.  A full investment analysis follows in the paragraphs below.

TXO Partners: 11.4% Yielder Is Worth A Look

ProFrac Holding Corp

Cargo Therapeutics Inc

Howard Hughes Holdings Inc

Madrigal Pharmaceuticals

Block

Some of the biggest insider purchases of the past week were in biotech and energy companies, including some that have just gone public.

Insiders Are Loading Up on These Biotech and Energy Stocks

The heavy selling pressure might have exhausted for TXO Partners LP (TXO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

TXO Partners LP (TXO) Loses -7.22% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared a distribution of $0.52 per common unit for the quarter ended September 30, 2023. The quarterly distribution will be paid on November 27, 2023, to eligible unitholders of record as of the close of trading on November 17, 2023. “With the ongoing challenges in the world, we are proud to offer a secure asset base and a confident business strategy for our ow.

TXO Partners Declares a Third Quarter 2023 Distribution of $0.52 on Common Units; Files Quarterly Report on Form 10-Q

The mean of analysts' price targets for TXO Partners LP (TXO) points to a 58.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in TXO Partners LP (TXO)? Wall Street Analysts Think 58.91%

Addus HomeCare

Brookfield Renewable Partners

California Water Service Group

Ensign Group

Hess Midstream Partners

Martin Marietta Materials

Vulcan Materials

The spooky occasion Halloween can turn into an occasion of angels for Wall Street. Top-ranked sectors like energy, construction, medical and utilities, especially, have the potential to experience a Halloween Effect this year.

Can Stocks Enjoy Halloween Effect Despite Rising Rate Fear?

The consensus price target hints at a 44.3% upside potential for TXO Partners LP (TXO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Can TXO Partners LP (TXO) Climb 44.26% to Reach the Level Wall Street Analysts Expect?

FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) announced today that the Board of Directors of its general partner declared TXO's second quarter distribution of $0.48 per common unit for quarter ended June 30, 2023. The quarterly distribution will be paid on August 25, 2023, to eligible unitholders of record as of the close of trading on August 18, 2023. “The strength of TXO Partners is defined by our legacy producing properties and our focus on distributions to our partners,.

TXO Partners Declares a Second Quarter 2023 Distribution of $.48 on Common Units; Files Quarterly Report on Form 10-Q

FORT WORTH, Texas--(BUSINESS WIRE)--TXO Partners, L.P. (NYSE: TXO) (formerly known as TXO Energy Partners, L.P.) announced today that the Board of Directors of its general partner declared TXO's first quarterly distribution of $0.50 per common unit for the quarter ended March 31, 2023. The quarterly distribution will be paid on May 30, 2023 to eligible unitholders of record as of the close of trading on May 22, 2023. In accordance with the terms of TXO's partnership agreement, the amount of the.

TXO Partners Declares First Quarter 2023 Distribution of $0.50 on Common Units; Provides 2023 Distribution Outlook; Files Quarterly Report on Form 10-Q and Announces Name Change

FORT WORTH, Texas--(BUSINESS WIRE)--TXO Energy Partners, L.P. (NYSE: TXO) (“TXO”) on March 31st, 2023, filed financial and operational results for the fiscal year ended December 31, 2022 on Form 10-K with the U.S. Securities and Exchange Commission. The Annual Report on Form 10-K is available in the Investors section of the Company's website at www.txoenergy.com under "SEC Filings," as well as on the SEC's website at www.sec.gov.

TXO ENERGY PARTNERS, L.P. Files 2022 Annual Report on Form 10-K

FORT WORTH, Texas--( BUSINESS WIRE )--As previously announced, in connection with its initial public offering (the “IPO”), TXO Energy Partners, L.P. (formerly known as MorningStar Partners, L.P., “TXO”) (NYSE: TXO) granted the underwriters of its IPO an option to purchase up to an additional 750,000 common units representing limited partner interests in TXO (the “common units”) at the IPO price, less underwriting discounts and commissions. Today, TXO announced that the IPO underwriters exercised their over-allotment option and purchased an additional 750,000 common units (the “Additional Common Units”) at the IPO price of $20.00 per common unit, resulting in additional gross proceeds of $15,000,0000 before deducting underwriting discounts and commissions. The sale of the Additional Common Units was consummated on February 6, 2023.

TXO Energy Partners, L.P. Announces Closing of Exercise of IPO Underwriters' Over-Allotment Option to Purchase Additional Common Units

TXO Energy Partners L.P. TXO, priced five million common units at $20 in its $500 million initial public offering for trading on Friday on the New York Stock Exchange under the symbol TXO.

TXO Energy Partners IPO prices in the middle of its range for Friday trading

FORT WORTH, Texas--( BUSINESS WIRE )--MorningStar Partners, L.P., which will be renamed “TXO Energy Partners, L.P.” (“TXO”), announced today the pricing of its initial public offering of 5,000,000 common units representing limited partner interests in TXO (the “common units”) at price to the public of $20.00 per common unit. TXO has granted the underwriters an option to purchase up to an additional 750,000 common units at the initial public offering price, less underwriting discounts and commissions. TXO's common units are expected to begin trading on the New York Stock Exchange under the ticker symbol “TXO.” The offering is expected to close on January 31, 2023, subject to customary closing conditions.

TXO Energy Partners, L.P. Announces Pricing of Initial Public Offering

News for TXO Energy Partners LP Stock (TXO)