MorningStar Competitors
| TXO Stock | 11.99 0.19 1.61% |
MorningStar Partners vs Borr Drilling Correlation
Pay attention - limited upside
The correlation between MorningStar Partners LP and BORR is -0.76 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MorningStar Partners LP and BORR in the same portfolio, assuming nothing else is changed.
Moving against MorningStar Stock
| 0.89 | RECO | Reconnaissance Energy | PairCorr |
| 0.74 | BNE | Bonterra Energy Corp | PairCorr |
| 0.67 | CDR | Condor Energies | PairCorr |
| 0.63 | KKC | KKR Credit Income | PairCorr |
| 0.45 | DVN | Devon Energy | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MorningStar Partners' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MorningStar Partners Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between MorningStar Partners and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of MorningStar and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of MorningStar Partners does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between MorningStar Stock performing well and MorningStar Partners Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze MorningStar Partners' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GRNT | 1.83 | (0.06) | 0.00 | 1.73 | 0.00 | 3.44 | 8.29 | |||
| KOS | 3.83 | 0.15 | 0.02 | (1.35) | 3.79 | 10.75 | 25.11 | |||
| REPX | 1.69 | 0.09 | 0.03 | 0.24 | 2.01 | 4.57 | 10.71 | |||
| VTLE | 2.59 | 0.22 | 0.04 | (0.33) | 3.23 | 6.39 | 16.09 | |||
| VTS | 1.27 | (0.04) | 0.00 | 6.55 | 0.00 | 2.80 | 6.95 | |||
| TK | 1.43 | 0.20 | 0.08 | (0.46) | 1.49 | 3.00 | 11.37 | |||
| HPK | 4.09 | (0.53) | 0.00 | (1.18) | 0.00 | 8.28 | 21.96 | |||
| CAPL | 0.82 | 0.15 | 0.09 | 5.44 | 0.90 | 1.86 | 4.92 | |||
| PDS | 1.51 | 0.45 | 0.25 | 0.87 | 1.41 | 3.27 | 7.53 | |||
| BORR | 2.41 | 0.65 | 0.20 | 0.69 | 2.58 | 5.94 | 15.66 |
Cross Equities Net Income Analysis
Compare MorningStar Partners and related stocks such as Granite Ridge Resources, Kosmos Energy, and Riley Exploration Permian Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GRNT | 3.6 M | 3.6 M | 3.6 M | 3.6 M | 3.6 M | 3.6 M | 3.6 M | 3.6 M | 3.6 M | 3.6 M | (23.9 M) | 108.5 M | 262.3 M | 81.1 M | 18.8 M | 21.6 M | 20.5 M |
| KOS | (79.7 M) | 22.4 M | (67 M) | (91 M) | 279.4 M | (69.8 M) | (283.8 M) | (222.8 M) | (94 M) | (55.8 M) | (411.6 M) | (77.8 M) | 226.6 M | 213.5 M | 189.9 M | 218.3 M | 229.2 M |
| REPX | (1.8 M) | 4.7 M | (67 K) | 2.8 M | (788 K) | (24.7 M) | (4.2 M) | (574 K) | 1.6 M | (436 K) | (3.6 M) | (65.7 M) | 118 M | 111.6 M | 88.9 M | 102.2 M | 107.3 M |
| VTS | 35.9 M | 35.9 M | 35.9 M | 35.9 M | 35.9 M | 35.9 M | 35.9 M | 35.9 M | 35.9 M | 35.9 M | (8.9 M) | 18.1 M | 118.9 M | (21.6 M) | 21.1 M | 19 M | 21.8 M |
| TK | 6.4 M | (358.6 M) | (160.2 M) | (114.7 M) | (54.8 M) | 82.2 M | (123.2 M) | (163.3 M) | (79.2 M) | (310.6 M) | (82.9 M) | 7.8 M | 78.4 M | 150.6 M | 133.8 M | 120.4 M | 126.4 M |
| HPK | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (101.5 M) | 55.6 M | 236.9 M | 215.9 M | 95.1 M | 109.3 M | 89.9 M |
| CAPL | (5 M) | 9.9 M | (3.6 M) | 18.1 M | (6.2 M) | 11.4 M | 10.7 M | 23.2 M | 5.3 M | 18.1 M | 107.5 M | 21.7 M | 62 M | 40.1 M | 19.9 M | 22.9 M | 24.4 M |
| PDS | 17.6 M | 193.5 M | 52.4 M | 191.2 M | 33.2 M | (363.4 M) | (155.6 M) | (132 M) | (294.3 M) | 6.6 M | (94.3 M) | (177.4 M) | (34.3 M) | 289.2 M | 111.2 M | 100.1 M | 103.2 M |
| BORR | (755 K) | (755 K) | (755 K) | (755 K) | (755 K) | (755 K) | (755 K) | (88 M) | (190.5 M) | (297.6 M) | (317.6 M) | (193 M) | (292.8 M) | 22.1 M | 82.1 M | 94.4 M | 99.1 M |
MorningStar Partners and related stocks such as Granite Ridge Resources, Kosmos Energy, and Riley Exploration Permian Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in MorningStar Partners financial statement analysis. It represents the amount of money remaining after all of MorningStar Partners LP operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.MorningStar Partners Competitive Analysis
The better you understand MorningStar Partners competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, MorningStar Partners' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across MorningStar Partners' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
MorningStar Partners Competition Performance Charts
Five steps to successful analysis of MorningStar Partners Competition
MorningStar Partners' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by MorningStar Partners in relation to its competition. MorningStar Partners' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of MorningStar Partners in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact MorningStar Partners' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to MorningStar Partners, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out MorningStar Partners Correlation with its peers. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Will Oil & Gas Exploration & Production sector continue expanding? Could MorningStar diversify its offerings? Factors like these will boost the valuation of MorningStar Partners. If investors know MorningStar will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every MorningStar Partners data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 14.368 | Dividend Share 2.02 | Earnings Share 0.4 | Revenue Per Share | Quarterly Revenue Growth 0.468 |
The market value of MorningStar Partners is measured differently than its book value, which is the value of MorningStar that is recorded on the company's balance sheet. Investors also form their own opinion of MorningStar Partners' value that differs from its market value or its book value, called intrinsic value, which is MorningStar Partners' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because MorningStar Partners' market value can be influenced by many factors that don't directly affect MorningStar Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MorningStar Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if MorningStar Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, MorningStar Partners' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.