Back
TXO Energy Partners
IPOTXO.NYSEPast

TXO Energy Partners

Oil & Gas

Company website ↗
Foundation year: 2012
IPO date
26/01/2023

About

TXO Energy Partners, L.P. operates by exploiting, developing, or acquiring existing natural gas and oil fields. The company also serves businesses that work with liquefied natural gas in North America.

TXO Energy's main assets are located in the Permian Basin (in the region of Texas and New Mexico), where there are lower geological risks with high levels of oil and gas extraction. As of the end of 2021, the estimated reserves of the company's resources were around 130 million barrels of oil equivalent (MMBoe).

During the first nine months of 2022, TXO Energy produced an average of about 23.2 thousand MMBoe per day, with approximately 70% of this volume coming from assets managed by the company itself.

TXO Energy is also known as MorningStar Partners LP, which holds a significant stake in TXO Energy. The company expects to increase sales amid the growth of energy exports from the United States.
___________________________

Number of employees

150-300
___________________________

Headquarters location

Fort Worth, Texas, USA.