MorningStar Financial Statements From 2010 to 2026

TXO Stock   12.08  0.28  2.37%   
MorningStar Partners' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing MorningStar Partners' valuation are provided below:
Gross Profit
189.6 M
Profit Margin
0.0462
Market Capitalization
646.5 M
Enterprise Value Revenue
2.5033
Revenue
364.4 M
We have found one hundred twenty available fundamental ratios for MorningStar Partners, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check MorningStar Partners' last-minute fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road.

MorningStar Partners Total Revenue

274.35 Million

Check MorningStar Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MorningStar Partners' main balance sheet or income statement drivers, such as Interest Income of 1.3 M, Depreciation And Amortization of 52.9 M or Interest Expense of 5.5 M, as well as many indicators such as Price To Sales Ratio of 3.01, Dividend Yield of 0.13 or PTB Ratio of 1.38. MorningStar financial statements analysis is a perfect complement when working with MorningStar Partners Valuation or Volatility modules.
  
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Check out the analysis of MorningStar Partners Correlation against competitors.

MorningStar Partners Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets903.7 M1.2 B731.6 M
Slightly volatile
Short and Long Term Debt Total97.4 M141.4 M138.8 M
Slightly volatile
Other Current Liabilities51 M48.9 M27.2 M
Slightly volatile
Total Current Liabilities67.6 M76.3 M37.7 M
Slightly volatile
Total Stockholder Equity538.9 M700.8 M395.4 M
Slightly volatile
Other Liabilities112.1 M119.7 M102.7 M
Slightly volatile
Net Tangible Assets313.5 M346.1 M283.7 M
Slightly volatile
Property Plant And Equipment Net825.3 M1.1 B671.1 M
Slightly volatile
Net Debt89.3 M134.8 M122.1 M
Slightly volatile
Accounts Payable10.8 M20.9 M6.9 M
Slightly volatile
Cash8.1 M6.6 M16.7 M
Slightly volatile
Non Current Assets Total839.5 M1.1 B682 M
Slightly volatile
Non Currrent Assets Other7.9 M6.7 M8.2 M
Slightly volatile
Other Assets6.4 M9.1 M3.6 M
Slightly volatile
Long Term Debt97.4 M141.4 M138.8 M
Slightly volatile
Cash And Short Term Investments8.1 M6.6 M16.7 M
Slightly volatile
Net Receivables38.4 M45.6 M24.7 M
Slightly volatile
Common Stock Shares Outstanding34.4 M41.6 M31.3 M
Slightly volatile
Long Term Debt Total97.4 M141.4 M138.8 M
Slightly volatile
Liabilities And Stockholders Equity903.7 M1.2 B731.6 M
Slightly volatile
Non Current Liabilities Total297.3 M408.4 M298.5 M
Very volatile
Inventory1.4 M1.4 MM
Slightly volatile
Other Current Assets14.8 M20.1 M7.9 M
Slightly volatile
Total Liabilities364.9 M484.6 M336.2 M
Slightly volatile
Net Invested Capital567 M881.5 M484 M
Slightly volatile
Property Plant And Equipment Gross1.7 B2.3 B1.4 B
Slightly volatile
Total Current Assets64.2 M74.1 M49.6 M
Slightly volatile
Capital Stock538.9 M700.8 M395.4 M
Slightly volatile
Non Current Liabilities Other1.2 M1.2 M601.6 K
Slightly volatile
Cash And Equivalents8.1 M6.6 M16.7 M
Slightly volatile
Common Stock433.1 M700.8 M340.7 M
Slightly volatile
Property Plant Equipment825.3 M1.1 B671.1 M
Slightly volatile
Other Stockholder Equity789.7 M928.5 M666.1 M
Slightly volatile

MorningStar Partners Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income1.3 M1.2 M374.9 K
Slightly volatile
Depreciation And Amortization52.9 M73.6 M46.5 M
Slightly volatile
Interest Expense5.5 M7.1 M7.6 M
Slightly volatile
Selling General Administrative9.5 M16.7 M8.2 M
Slightly volatile
Total Revenue274.3 M325.2 M172.6 M
Slightly volatile
Gross Profit106.8 M92.1 M50.4 M
Slightly volatile
Other Operating Expenses333.2 M333.1 M283.6 M
Slightly volatile
Cost Of Revenue167.5 M233.1 M122.2 M
Slightly volatile
Total Operating Expenses165.7 M100 M161.5 M
Pretty Stable
Reconciled Depreciation48.5 M60.3 M44.2 M
Slightly volatile
Income Tax Expense63.7 M60.7 M20.5 M
Slightly volatile
Selling And Marketing Expenses120.8 K135.9 K148.3 K
Slightly volatile

MorningStar Partners Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation3.7 M7.1 M4.1 M
Very volatile
Begin Period Cash Flow7.8 M4.1 M6.9 M
Pretty Stable
Depreciation52.9 M73.6 M46.5 M
Slightly volatile
Other Non Cash Items12.7 M13.4 M137.3 M
Slightly volatile
Capital Expenditures320.2 M304.9 M77.2 M
Slightly volatile
Total Cash From Operating Activities91.4 M125.7 M48.4 M
Slightly volatile
Change To Operating Activities5.5 MM4.1 M
Slightly volatile
Issuance Of Capital Stock118.2 M162.4 M77.9 M
Slightly volatile
End Period Cash Flow8.1 M6.6 M16.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.012.434.1008
Slightly volatile
Dividend Yield0.130.14250.0302
Slightly volatile
PTB Ratio1.381.131.5814
Slightly volatile
Days Sales Outstanding59.0258.9154.5421
Very volatile
Book Value Per Share13.4415.4213.7735
Slightly volatile
Operating Cash Flow Per Share2.222.771.5562
Slightly volatile
Capex To Depreciation3.913.731.2368
Slightly volatile
PB Ratio1.381.131.5814
Slightly volatile
EV To Sales3.643.045.0416
Slightly volatile
Payables Turnover21.3712.822.4248
Slightly volatile
Sales General And Administrative To Revenue0.04320.05910.0554
Slightly volatile
Capex To Revenue0.890.840.2999
Slightly volatile
Cash Per Share0.410.240.6626
Slightly volatile
POCF Ratio11.866.321.2992
Slightly volatile
Capex To Operating Cash Flow2.292.181.0162
Slightly volatile
Days Payables Outstanding17.4429.5217.7644
Slightly volatile
EV To Operating Cash Flow14.337.8826.2117
Slightly volatile
Current Ratio1.471.121.8292
Slightly volatile
Tangible Book Value Per Share13.4415.4213.7735
Slightly volatile
Receivables Turnover5.946.416.8766
Very volatile
Graham Number26.3718.3628.0217
Slightly volatile
Shareholders Equity Per Share13.4415.4213.7735
Slightly volatile
Debt To Equity0.30.25780.4067
Slightly volatile
Capex Per Share7.056.712.2123
Slightly volatile
Revenue Per Share6.767.165.863
Slightly volatile
Interest Debt Per Share4.995.345.6942
Slightly volatile
Debt To Assets0.170.180.2072
Slightly volatile
Operating Cycle59.0258.9154.5421
Very volatile
Price Book Value Ratio1.381.131.5814
Slightly volatile
Days Of Payables Outstanding17.4429.5217.7644
Slightly volatile
Price To Operating Cash Flows Ratio11.866.321.2992
Slightly volatile
Company Equity Multiplier1.881.951.9372
Slightly volatile
Long Term Debt To Capitalization0.220.240.2816
Slightly volatile
Total Debt To Capitalization0.220.240.2816
Slightly volatile
Debt Equity Ratio0.30.25780.4067
Slightly volatile
Quick Ratio1.471.121.8292
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.340.361.303
Slightly volatile
Cash Ratio0.120.130.7944
Slightly volatile
Cash Conversion Cycle35.0421.1835.91
Slightly volatile
Operating Cash Flow Sales Ratio0.260.350.2349
Slightly volatile
Days Of Sales Outstanding59.0258.9154.5421
Very volatile
Cash Flow Coverage Ratios0.830.630.4647
Slightly volatile
Price To Book Ratio1.381.131.5814
Slightly volatile
Fixed Asset Turnover0.270.29730.2425
Slightly volatile
Capital Expenditure Coverage Ratio0.350.371.6948
Very volatile
Price Cash Flow Ratio11.866.321.2992
Slightly volatile
Debt Ratio0.170.180.2072
Slightly volatile
Cash Flow To Debt Ratio0.830.630.4647
Slightly volatile
Price Sales Ratio3.012.434.1008
Slightly volatile
Asset Turnover0.250.27430.2223
Slightly volatile
Gross Profit Margin0.290.250.2301
Slightly volatile
Price Fair Value1.381.131.5814
Slightly volatile

MorningStar Partners Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap439.6 M494.6 M539.9 M
Slightly volatile
Enterprise Value458.5 M515.8 M563 M
Slightly volatile

MorningStar Fundamental Market Drivers

MorningStar Upcoming Events

16th of April 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
16th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About MorningStar Partners Financial Statements

MorningStar Partners investors utilize fundamental indicators, such as revenue or net income, to predict how MorningStar Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue325.2 M274.3 M
Cost Of Revenue233.1 M167.5 M
Sales General And Administrative To Revenue 0.06  0.04 
Capex To Revenue 0.84  0.89 
Revenue Per Share 7.16  6.76 
Ebit Per Revenue(0.02)(0.02)

Pair Trading with MorningStar Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MorningStar Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MorningStar Partners will appreciate offsetting losses from the drop in the long position's value.

Moving together with MorningStar Stock

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The ability to find closely correlated positions to MorningStar Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MorningStar Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MorningStar Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MorningStar Partners LP to buy it.
The correlation of MorningStar Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MorningStar Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MorningStar Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MorningStar Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MorningStar Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MorningStar Partners' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Morningstar Partners Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Morningstar Partners Lp Stock:
Check out the analysis of MorningStar Partners Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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
7.871
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.