Mach Natural Resources declares $0.95/unit Q4 2023 distribution, provides 2024 guidance

MACH NATURAL RESOURCES LP

Quarterly cash distribution of $0.95 per common unit declared for Q4 2023.
Payable March 14, 2024 to unitholders of record as of Feb 29, 2024.
2024 production guidance: 20.2–21.5 MBbls/d oil, 18.7–19.8 MBbls/d NGLs, 255–271 MMcf/d gas.
2024 capex guidance: $250–$275 million total; upstream D&C and workovers $230–$245 million.
2024 oil hedges: Q1 1,094 MBbl at $78.92/Bbl, Q2 1,083 MBbl at $74.10/Bbl fixed.

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