MorningStar Partners (TXO) Revenue & Revenue Breakdown


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MorningStar Partners Revenue Highlights


Latest Revenue (Y)

$380.72M

Latest Revenue (Q)

$68.73M

Main Segment (Y)

Oil and Condensate

MorningStar Partners Revenue by Period


MorningStar Partners Revenue by Year

DateRevenueChange
2023-12-31$380.72M54.51%
2022-12-31$246.40M7.91%
2021-12-31$228.34M109.94%
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

DateRevenueChange
2024-09-30$68.73M31.42%
2024-06-30$52.30M-22.15%
2024-03-31$67.18M-6.71%
2023-12-31$72.01M3.06%
2023-09-30$69.87M15.55%
2023-06-30$60.47M-61.82%
2023-03-31$158.40M273.94%
2022-12-31$42.36M-64.91%
2022-09-30$120.70M29.96%
2022-06-30$92.88M-1073.76%
2022-03-31$-9.54M-110.67%
2021-12-31$89.41M76.47%
2021-09-30$50.67M24.69%
2021-06-30$40.63M-14.68%
2021-03-31$47.63M75.16%
2020-12-31$27.19M-
2020-09-30$27.19M-
2020-06-30$27.19M-
2020-03-31$27.19M-

MorningStar Partners generated $68.73M in revenue during Q3 2024, up 31.42% compared to the previous quarter, and up 113.66% compared to the same period a year ago.

MorningStar Partners Revenue Breakdown


MorningStar Partners Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23
Natural Gas Liquids$29.19M
Natural Gas$168.79M
Oil and Condensate$182.73M

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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23
Oil and Condensate$56.11M$40.80M$38.34M$47.09M$47.69M$49.62M
Natural Gas$11.66M$22.90M$34.25M$29.14M$5.75M$99.66M
Natural Gas Liquids-$6.50M$6.95M$6.09M$7.03M$9.12M

MorningStar Partners's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Oil and Condensate (82.79%), and Natural Gas (17.21%).

MorningStar Partners Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CRKComstock Resources$1.57B$253.63M
VTLEVital Energy$1.55B$459.23M
MGYMagnolia Oil & Gas$1.23B$333.13M
GPORGulfport Energy$1.05B$107.01M
GRNTGranite Ridge Resources$394.07M$94.08M
TXOMorningStar Partners$380.72M$68.73M
EPSNEpsilon Energy$30.73M$7.29M
PNRGPrimeEnergy 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 Q3 2024 was $68.73M, a 31.42% increase from the previous quarter (Q2 2024), and a -1.64% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $52.3M, a -22.15% decrease from the previous quarter (Q1 2024), and a -13.51% decrease year-over-year (Q2 2023). TXO'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).

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, Natural Gas, and Oil and Condensate. Natural Gas Liquids generated $29.19M in revenue, accounting 7.67% of the company's total revenue Natural Gas generated $168.79M in revenue, accounting 44.34% of the company's total revenue Oil and Condensate generated $182.73M in revenue, accounting 48.00% 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.