MorningStar Partners (TXO) Revenue & Revenue Breakdown
MorningStar Partners Revenue Highlights
Latest Revenue (Y)
$380.72M
Latest Revenue (Q)
$57.31M
Main Segment (Y)
Oil and Condensate
MorningStar Partners Revenue by Period
MorningStar Partners Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $380.72M | 54.51% |
| 2022-12-31 | $246.40M | 7.91% |
| 2021-12-31 | $228.34M | 109.94% |
| 2020-12-31 | $108.76M | - |
MorningStar Partners generated $380.72M in revenue during NA 2023, up 54.51% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
MorningStar Partners Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $57.31M | -14.69% |
| 2024-03-31 | $67.18M | -6.71% |
| 2023-12-31 | $72.01M | 3.06% |
| 2023-09-30 | $69.87M | 15.55% |
| 2023-06-30 | $60.47M | -61.82% |
| 2023-03-31 | $158.40M | 273.94% |
| 2022-12-31 | $42.36M | -64.91% |
| 2022-09-30 | $120.70M | 29.96% |
| 2022-06-30 | $92.88M | -1073.76% |
| 2022-03-31 | $-9.54M | -110.67% |
| 2021-12-31 | $89.41M | 76.47% |
| 2021-09-30 | $50.67M | 24.69% |
| 2021-06-30 | $40.63M | -14.68% |
| 2021-03-31 | $47.63M | 75.16% |
| 2020-12-31 | $27.19M | - |
| 2020-09-30 | $27.19M | - |
| 2020-06-30 | $27.19M | - |
| 2020-03-31 | $27.19M | - |
MorningStar Partners generated $57.31M in revenue during Q2 2024, up -14.69% compared to the previous quarter, and up 36.18% compared to the same period a year ago.
MorningStar Partners Revenue Breakdown
MorningStar Partners Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 |
|---|---|
| Natural Gas Liquids | $29.19M |
| Oil and Condensate | $182.73M |
| Natural Gas | $168.79M |
MorningStar Partners's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil and Condensate (48.00%), Natural Gas (44.34%), and Natural Gas Liquids (7.67%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 |
|---|---|---|---|---|---|
| Natural Gas Liquids | $6.50M | $6.95M | $6.09M | $7.03M | $9.12M |
| Natural Gas | $22.90M | $34.25M | $29.14M | $5.75M | $99.66M |
| Oil and Condensate | $40.80M | $38.34M | $47.09M | $47.69M | $49.62M |
MorningStar Partners's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Oil and Condensate (58.12%), Natural Gas (32.62%), and Natural Gas Liquids (9.26%).
MorningStar Partners Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CRK | Comstock Resources | $1.57B | $186.28M |
| VTLE | Vital Energy | $1.55B | $476.37M |
| MGY | Magnolia Oil & Gas | $1.23B | $336.73M |
| GPOR | Gulfport Energy | $1.05B | $238.09M |
| GRNT | Granite Ridge Resources | $394.07M | $90.65M |
| TXO | MorningStar Partners | $380.72M | $57.31M |
| EPSN | Epsilon Energy | $30.73M | $7.31M |
| PNRG | PrimeEnergy Resources | $20.25M | - |
TXO Revenue FAQ
What is MorningStar Partners’s yearly revenue?
MorningStar Partners's yearly revenue for 2023 was $380.72M, representing an increase of 54.51% compared to 2022. The company's yearly revenue for 2022 was $246.4M, representing an increase of 7.91% compared to 2021. TXO's yearly revenue for 2021 was $228.34M, representing an increase of 109.94% compared to 2020.
What is MorningStar Partners’s quarterly revenue?
MorningStar Partners's quarterly revenue for Q2 2024 was $57.31M, a -14.69% decrease from the previous quarter (Q1 2024), and a -5.23% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $67.18M, a -6.71% decrease from the previous quarter (Q4 2023), and a -57.59% decrease year-over-year (Q1 2023). TXO's quarterly revenue for Q4 2023 was $72.01M, a 3.06% increase from the previous quarter (Q3 2023), and a 70.00% increase year-over-year (Q4 2022).
What is MorningStar Partners’s revenue growth rate?
MorningStar Partners's revenue growth rate for the last 3 years (2021-2023) was 66.73%
What are MorningStar Partners’s revenue streams?
MorningStar Partners's revenue streams in c 23 are Natural Gas Liquids, Oil and Condensate, and Natural Gas. Natural Gas Liquids generated $29.19M in revenue, accounting 7.67% of the company's total revenue Oil and Condensate generated $182.73M in revenue, accounting 48.00% of the company's total revenue Natural Gas generated $168.79M in revenue, accounting 44.34% of the company's total revenue
What is MorningStar Partners’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of MorningStar Partners was Oil and Condensate. This segment made a revenue of $182.73M, representing 48.00% of the company's total revenue.