TXO Partners, L.P. Files 2024 10-K
Ticker: TXO · Form: 10-K · Filed: 2025-03-04T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, energy, oil and gas
TL;DR
TXO Partners filed its 2024 10-K. Energy company financials are in.
AI Summary
TXO Partners, L.P. filed its 2024 10-K on March 4, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly known as TXO Energy Partners, L.P. and MorningStar Partners, L.P., is involved in the crude petroleum and natural gas industry. The filing details its financial performance and operational data for the reporting period.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of TXO Partners' financial health and operational activities for the 2024 fiscal year, crucial for understanding the company's performance in the energy sector.
Risk Assessment
Risk Level: medium — The energy sector is subject to volatile commodity prices and regulatory changes, which can significantly impact financial performance.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
- 2025-03-04 — Filing Date (Date the 10-K was submitted to the SEC)
Key Players & Entities
- TXO Partners, L.P. (company) — Filer of the 10-K
- TXO Energy Partners, L.P. (company) — Former name of TXO Partners, L.P.
- MorningStar Partners, L.P. (company) — Earlier former name of TXO Partners, L.P.
- 2024-12-31 (date) — Fiscal year end
- 2025-03-04 (date) — Filing date
- 400 WEST 7TH STREET, FORT WORTH, TX 76102 (address) — Business and mailing address
FAQ
What is the primary business of TXO Partners, L.P.?
TXO Partners, L.P. is primarily involved in the crude petroleum and natural gas industry, as indicated by its Standard Industrial Classification code [1311].
When did TXO Partners, L.P. change its name from TXO Energy Partners, L.P.?
The date of the name change from TXO Energy Partners, L.P. to TXO Partners, L.P. was January 31, 2023.
What is the SEC file number for TXO Partners, L.P.'s 10-K filing?
The SEC file number for this 10-K filing is 001-41605.
Where is TXO Partners, L.P. located?
TXO Partners, L.P.'s business and mailing address is 400 WEST 7TH STREET, FORT WORTH, TX 76102.
What period does this 10-K filing cover?
This 10-K filing covers the fiscal year ending December 31, 2024.
From the Filing
0001559432-25-000035.txt : 20250304 0001559432-25-000035.hdr.sgml : 20250304 20250304161918 ACCESSION NUMBER: 0001559432-25-000035 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 102 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250304 DATE AS OF CHANGE: 20250304 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TXO Partners, L.P. CENTRAL INDEX KEY: 0001559432 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 320368858 STATE OF INCORPORATION: X1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41605 FILM NUMBER: 25704743 BUSINESS ADDRESS: STREET 1: 400 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-334-7800 MAIL ADDRESS: STREET 1: 400 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: TXO Energy Partners, L.P. DATE OF NAME CHANGE: 20230131 FORMER COMPANY: FORMER CONFORMED NAME: MorningStar Partners, L.P. DATE OF NAME CHANGE: 20121002 10-K 1 txo-20241231.htm 10-K txo-20241231 0001559432 2024 FY False P3Y 0.0395 50 50 50 50 90 iso4217:USD xbrli:shares iso4217:USD xbrli:shares txo:officer txo:director xbrli:pure txo:representative txo:vote txo:segment utr:D utr:bbl utr:D iso4217:USD utr:bbl utr:MMBTU utr:D iso4217:USD utr:MMBTU utr:MBbls utr:Mcf utr:MBoe 0001559432 2024-01-01 2024-12-31 0001559432 2024-06-28 0001559432 2025-03-04 0001559432 2024-12-31 0001559432 2023-12-31 0001559432 us-gaap:OilAndCondensateMember 2024-01-01 2024-12-31 0001559432 us-gaap:OilAndCondensateMember 2023-01-01 2023-12-31 0001559432 us-gaap:OilAndCondensateMember 2022-01-01 2022-12-31 0001559432 srt:NaturalGasLiquidsReservesMember 2024-01-01 2024-12-31 0001559432 srt:NaturalGasLiquidsReservesMember 2023-01-01 2023-12-31 0001559432 srt:NaturalGasLiquidsReservesMember 2022-01-01 2022-12-31 0001559432 srt:NaturalGasReservesMember 2024-01-01 2024-12-31 0001559432 srt:NaturalGasReservesMember 2023-01-01 2023-12-31 0001559432 srt:NaturalGasReservesMember 2022-01-01 2022-12-31 0001559432 2023-01-01 2023-12-31 0001559432 2022-01-01 2022-12-31 0001559432 2022-12-31 0001559432 2021-12-31 0001559432 us-gaap:PreferredStockMember txo:Series3PreferredStockMember 2021-12-31 0001559432 us-gaap:PreferredStockMember txo:Series5PreferredStockMember 2021-12-31 0001559432 us-gaap:CommonStockMember 2021-12-31 0001559432 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001559432 us-gaap:PreferredStockMember txo:Series3PreferredStockMember 2022-01-01 2022-12-31 0001559432 us-gaap:PreferredStockMember txo:Series3PreferredStockMember 2022-12-31 0001559432 us-gaap:PreferredStockMember txo:Series5PreferredStockMember 2022-12-31 0001559432 us-gaap:CommonStockMember 2022-12-31 0001559432 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001559432 us-gaap:PreferredStockMember txo:Series5PreferredStockMember 2023-01-01 2023-12-31 0001559432 us-gaap:PreferredStockMember txo:Series3PreferredStockMember 2023-12-31 0001559432 us-gaap:PreferredStockMember txo:Series5PreferredStockMember 2023-12-31 0001559432 us-gaap:CommonStockMember 2023-12-31 0001559432 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001559432 us-gaap:PreferredStockMember txo:Series3PreferredStockMember 2024-12-31 0001559432 us-gaap:PreferredStockMember txo:Series5PreferredStockMember 2024-12-31 0001559432 us-gaap:CommonStockMember 2024-12-31 0001559432 txo:UnincorporatedJointVentureMember 2024-12-31 0001559432 txo:RepresentativeMember 2024-12-31 0001559432 txo:RepresentativeMember txo:TXOEnergyPartnersMember 2024-12-31 0001559432 txo:RepresentativeMember txo:UnincorporatedJointVentureMember 2024-12-31 0001559432 txo:CrossTimbersEnergyMember 2024-12-31 0001559432 txo:CommonUnitMember 2023-01-01 2023-01-31 0001559432 txo:MorningStarOperatingLLCMember 2024-12-31 0001559432 txo:MorningStarOperatingLLCMember 2023-12-31 0001559432 srt:MinimumMember us-gaap:PropertyPlantAndEquipmentOtherTypesMember 2024-12-31 0001559432 srt: