MNR · Mach Natural Resources LP - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $285.93M | - | $272.56M | $288.52M | $226.77M | - | $255.54M | $239.99M | $239.16M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $295.63M | - | $291.76M | $177.22M | $175.10M | - | $160.80M | $169.51M | $171.91M | - |
| D&A | $98.17M | - | $2.70M | $2.80M | $63.59M | - | $2.30M | $1.40M | $67.47M | - |
| Operating Income | ($9.71M) | - | ($19.20M) | $111.30M | $51.67M | - | $94.73M | $70.48M | $67.24M | - |
| Interest Expense | $24.42M | - | $26.77M | $27.05M | $26.29M | - | $26.77M | $1.98M | $26.29M | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($35.04M) | - | ($35.65M) | $89.66M | $15.89M | - | $67.44M | $39.52M | $41.70M | - |
| EPS - Basic | ($0.21) | - | ($0.28) | $0.76 | $0.14 | - | $0.70 | $0.42 | $0.44 | - |
| EPS - Diluted | ($0.21) | - | ($0.28) | $0.76 | $0.14 | - | $0.70 | $0.42 | $0.44 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $52.69M | $42.63M | $53.60M | $13.78M | $7.79M | $105.78M | $184.53M | $144.62M | $151.30M | $152.79M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $42.46M | $43.51M | $49.36M | $25.84M | $25.09M | $24.30M | $26.31M | $27.50M | $31.41M | $31.38M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $342.41M | $377.95M | $375.09M | $209.18M | $195.67M | $322.10M | $380.46M | $335.06M | $354.07M | $343.60M |
| Total Assets | $3.69B | $3.78B | $3.77B | $2.33B | $2.24B | $2.34B | $2.33B | $2.24B | $2.32B | $2.30B |
| Current Liabilities | $411.38M | $359.92M | $375.07M | $266.34M | $281.85M | $352.42M | $306.15M | $319.67M | $353.10M | $274.91M |
| Long-term Debt | $1.13B | $1.14B | $1.14B | $565.00M | $460.00M | $668.78M | $687.67M | $706.91M | $725.56M | $745.14M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $170.31M | - | - | - | $142.52M | - | - | - | $143.95M | - |
| Investing Cash Flow | ($60.97M) | - | - | - | ($78.01M) | - | - | - | ($54.72M) | - |
| Financing Cash Flow | ($99.28M) | - | - | - | ($162.50M) | - | - | - | ($90.72M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -3.4% | - | -7.0% | 38.6% | 22.8% | - | 37.1% | 29.4% | 28.1% | - |
| EBITDA margin | 30.9% | - | -6.1% | 39.5% | 50.8% | - | 38.0% | 30.0% | 56.3% | - |
| Net margin | -12.3% | - | -13.1% | 31.1% | 7.0% | - | 26.4% | 16.5% | 17.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -0.9% | - | -0.9% | 3.8% | 0.7% | - | 2.9% | 1.8% | 1.8% | - |
| Return on equity | - | - | - | - | - | - | - | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.83 | 1.05 | 1.00 | 0.79 | 0.69 | 0.91 | 1.24 | 1.05 | 1.00 | 1.25 |
| Quick ratio | 0.73 | 0.93 | 0.87 | 0.69 | 0.61 | 0.84 | 1.16 | 0.96 | 0.91 | 1.14 |
| Cash ratio | 0.13 | 0.12 | 0.14 | 0.05 | 0.03 | 0.30 | 0.60 | 0.45 | 0.43 | 0.56 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.31 | 0.30 | 0.30 | 0.24 | 0.21 | 0.29 | 0.30 | 0.32 | 0.31 | 0.32 |
| Debt / EBITDA | 12.82 | - | - | 4.95 | 3.99 | - | 7.09 | 9.83 | 5.39 | - |
| Interest coverage | -0.4x | - | -0.7x | 4.1x | 2.0x | - | 3.5x | 35.7x | 2.6x | - |
| Equity multiplier | - | - | - | - | - | - | - | - | - | - |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | - | 0.07 | 0.12 | 0.10 | - | 0.11 | 0.11 | 0.10 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | 19.0x | 111.1x | - | 22.9x | 45.3x | 43.9x | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 8.2x | - | 6.1x | 5.9x | 7.7x | - | 6.1x | 7.5x | 7.7x | - |
| EV / EBITDA | 38.9x | - | - | 19.8x | 19.1x | - | 21.2x | 33.0x | 17.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 26.1% | - | 6.7% | 20.2% | -5.2% | - | -13.6% | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | 57.9% | -23.2% | - | 13.1% | - | - | - |
| Net income growth (YoY) | - | - | - | 126.9% | -61.9% | - | -19.2% | - | - | - |
| EPS growth (YoY) | - | - | - | 81.0% | -68.2% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.18B totalReportable Segment$1.18B · 100.0%
Product / service
$3.25B totalOil Gas And Natural Gas Liquids Gross$1.04B · 32.0%
Oil Gas And Natural Gas Liquids Net$1.04B · 31.9%
Oil Reserves$490.30M · 15.1%
Natural Gas Reserves$379.44M · 11.7%
Natural Gas Liquids Reserves$171.12M · 5.3%
Oil And Natural Gas Derivatives Gain Loss$81.29M · 2.5%
Product$28.89M · 0.9%
Natural Gas Midstream$27.56M · 0.8%
Natural Gas Gathering Transportation Marketing And Processing($3.20M) · -0.1%
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing MACH NATURAL RESOURCES LP against the 5 most active filers in the same SIC group.
Dividends
$1.82/share trailing 12 months · -34.8% YoY
| Ex-date | Per share |
|---|---|
| May 21, 2026 | $0.6400 |
| Feb 26, 2026 | $0.5300 |
| Nov 20, 2025 | $0.2700 |
| Aug 21, 2025 | $0.3800 |
| May 22, 2025 | $0.7900 |
| Feb 27, 2025 | $0.5000 |
| Nov 26, 2024 | $0.6000 |
| Aug 27, 2024 | $0.9000 |
| May 24, 2024 | $0.7500 |
| Feb 28, 2024 | $0.9500 |