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.

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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.

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

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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

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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%

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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

TXO Energy Partners has filed to raise $100 million in a U.S. IPO from the sale of common units. The firm acquires and operates conventional oil & gas extraction sites in the Permian Basin and San Juan Basin.

IPO Update: TXO Energy Readies $100 Million U.S. IPO

TXO Energy Partners LP, a specialist in conventional oil and natural gas production in the Permian Basin of West Texas and the San Juan basin of New Mexico, stands out as the largest of eight initial public offerings on the calendar this week.

TXO Energy going public as IPO market perks up with mostly tiny deals

TXO Energy Partners LP has announced it plans to sell five million units, marking the MLP industry's first IPO since 2019.

TXO Energy Partners LP Announces IPO, Sets Price Range

TXO Energy Partners L.P. on Wednesday said it plans to offer five million common units at an estimated price range of $19 to $21 per unit with underwriters Raymond James, Stifel, Janney Montgomery Scott and Capital One Securities in its upcoming initial public offering.

TXO Energy sets IPO price range

FORT WORTH, Texas--( BUSINESS WIRE )--MorningStar Partners, L.P., which will be renamed “TXO Energy Partners, L.P.” (“TXO”), announced today the launch of its initial public offering of 5,000,000 common units representing limited partner interests in TXO (the “common units”). TXO will also grant 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. The initial public offering price is expected to be between $19.00 and $21.00 per common unit. We have applied to list our common units on the New York Stock Exchange under the ticker symbol “TXO.”

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

TXO Energy Partners, L.P. has filed to raise investment capital via a U.S. IPO. The firm is an exploration & production company focused on conventional formations in the Permian Basin and San Juan Basin in the United States.

TXO Energy Partners Starts IPO Process For Debt Paydown

Oil and gas company MorningStar has announced it is going public as “TXO Energy” in a $100 million initial public offering (IPO) as the market heads to a close for 2022.

Oil and Gas Producer TXO Energy Taps Public Markets in $100 Million IPO

MorningStar Partners LP, a Fort Worth, Texas, oil and gas exploration and production company, on Thursday filed the prospectus for its initial public offering with underwriters Raymond James, Stifel, Janney Montgomery Scott and Capital One Securities. The company will change its name to TXO Energy Partners LP when it goes public, with plans to trade on the NYSE under the symbol TXO.

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