DV
Dividend Vision

TXO — MorningStar Partners, L.P.

MorningStar Partners, L.P. (TXO)

TXO pays a 9.83% distribution rate, quarterly. Its Distribution Safety Score™ is 35 (Elevated risk), giving a Safety-Adjusted Yield of 3.44%. Distributions grew 23.6% over the past year. Total return is -8.7% over the past 3.5 years, 108.8 points behind SPY at 100.1%. Its deepest 1-year drawdown was 28.1%.

TXO Partners, L.P. is an oil and natural gas company focused on the acquisition, development, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America, with operations concentrated in the Permian Basin, San Juan Basin, and Williston Basin. The partnership distributes cash quarterly at a high current distribution rate. TXO Partners appeals to income-focused investors seeking exposure to energy assets and higher current distributions.

TXO key facts

Distribution Safety Score™
35 · Elevated risk
Safety-Adjusted Yield
3.44%
Asset type
Stock
Asset class
Equity
Inception date
01/27/2023
Distribution rate
9.83%
Distribution frequency
Quarterly
Trailing yield
10.21%
Last close
$13.81
Market cap
$721,467,200
Average volume
313800.0
Last dividend
$0.4000
Ex-dividend date
08/14/2026
Payment date
08/21/2026
Beta
0.018
Payout ratio
5.625
Forward P/E
0.0
EPS
$-1.84