TXO Partners, L.P. is a master limited partnership focused on the acquisition, development, optimization and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. TXO’s current acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado.
Company profile
Ticker
TXO
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MorningStar Partners, L.P., TXO Energy Partners, L.P.
SEC CIK
Corporate docs
Subsidiaries
CT Field Services, LLC • MorningStar Operating LLC ...
IRS number
320368858
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
15 Mar 24
424B3
Prospectus supplement
14 Mar 24
S-3
Shelf registration
5 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
Txo Partners Declares a Fourth Quarter 2023 Distribution of $0.58 on Common Units; Files Annual Report on Form 10-K
5 Mar 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Txo Partners Declares a Third Quarter 2023 Distribution of $0.52 on Common Units; Files Quarterly Report on Form 10-Q
7 Nov 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Txo Partners Declares a Second Quarter 2023 Distribution of $.48 on Common Units; Files Quarterly Report on Form 10-Q
8 Aug 23
10-Q
2023 Q1
Quarterly report
9 May 23
Latest ownership filings
4
Scott T. Agosta
12 Mar 24
4
Brent W. Clum
12 Mar 24
SC 13G
Global Endowment Management, LP
13 Feb 24
SC 13G
SIMPSON BOB R
9 Feb 24
SC 13G
HUTTON KEITH A
9 Feb 24
SC 13G
KING LUTHER CAPITAL MANAGEMENT CORP
7 Feb 24
4
PHILLIP R KEVIL
2 Feb 24
4
Brent W. Clum
2 Feb 24
4
J Luther King Jr
2 Feb 24
4
Rick Jacob Settle
2 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.89 mm | 5.89 mm | 5.89 mm | 5.89 mm | 5.89 mm | 5.89 mm |
Cash burn (monthly) | (no burn) | 113.08 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 674.33 k | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 5.22 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 46.1 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Mar 24 | Brent W. Clum | Common Units | Sell | Dispose S | No | No | 18.54 | 4,337 | 80.41 k | 365,069 |
8 Mar 24 | Scott T. Agosta | Common Units | Payment of exercise | Dispose F | No | No | 18.54 | 4,379 | 81.19 k | 120,083 |
31 Jan 24 | Richard Jacob Settle | Common Units | Grant | Acquire A | No | No | 0 | 5,000 | 0.00 | 21,216 |
31 Jan 24 | Brent W. Clum | Common Units | Grant | Acquire A | No | No | 0 | 40,000 | 0.00 | 369,406 |
31 Jan 24 | J Luther King JR | Common Units | Grant | Acquire A | No | No | 0 | 3,500 | 0.00 | 743,444 |