TXO Energy Partners, L.P. Announces Closing of Exercise of IPO Underwriters’ Over-Allotment Option to Purchase Additional Common Units

As previously announced, in connection with its initial public offering (the “IPO”), TXO Energy Partners, L.P. (formerly known as MorningStar Partners, L.P., “TXO”) (NYSE: TXO) granted the underwriters of its IPO an option to purchase up to an additional 750,000 common units representing limited partner interests in TXO (the “common units”) at the IPO price, less underwriting discounts and commissions. Today, TXO announced that the IPO underwriters exercised their over-allotment option and purchased an additional 750,000 common units (the “Additional Common Units”) at the IPO price of $20.00 per common unit, resulting in additional gross proceeds of $15,000,0000 before deducting underwriting discounts and commissions. The sale of the Additional Common Units was consummated on February 6, 2023.

Raymond James, Stifel, Janney Montgomery Scott and Capital One Securities acted as joint book-running managers for the offering. The offering was made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Copies of the final prospectus relating to this offering may be obtained from any of the following sources:

Raymond James & Associates, Inc. Attention: Syndicate 880 Carillon Parkway St. Petersburg, Florida 33716 Telephone: [phone] Email: [e-mail]	Stifel, Nicolaus & Company, Incorporated Attention: Syndicate Department One South Street, 15th Floor Baltimore, MD 21202 Telephone: [phone] Email: [e-mail]
Janney Montgomery Scott LLC Attention: Equity Capital Markets Group 60 State Street Boston, MA 02109 Telephone: [phone] Email: [e-mail]	Capital One Securities, Inc. Attention: ECM Syndicate Operations 201 St. Charles Avenue, Suite 1830 New Orleans, LA 70170 Telephone: [phone] Email: [e-mail]