M&A
confidence high
sentiment neutral
materiality 0.65
Mach Natural files Paloma audited financials for Dec 2022 acquisition
MACH NATURAL RESOURCES LP
- Paloma total assets $973.3M (Dec 2022), up from $775.3M Dec 2021.
- Paloma 2022 total revenue $349.0M (crude $199.7M, nat gas $122.8M, NGL $93.2M); net income $200.8M.
- Paloma long-term debt $175M as of Dec 2022 vs $105M Dec 2021; members' equity $676.6M.
- Acquisition closed Dec 28, 2023; Paloma properties in Blaine, Caddo, Canadian, Custer, Dewey, Grady, Kingfisher, McClain Counties, OK.
- Pro forma combined unaudited financials filed for Sep 30, 2023 and year ended Dec 31, 2022.