secwatch.observer — SEC 8-K summary
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Issuer:     MACH NATURAL RESOURCES LP (MNR)
CIK:        0001980088
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001213900-24-068405
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mach Natural Resources Q2 net income $39.5M; declares $0.90/unit distribution; cuts 2024 capex 15%
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- Net income $39.5M ($0.42/unit) on $240M revenue; Q2 2023 net income was $77.8M on $166.9M revenue.
- Declares $0.90/unit quarterly distribution, payable Sep 10 to holders of record Aug 27.
- Average production 89.3 Mboe/d (20.9 MBbl/d oil) above high-end guidance; LOE $5.72/Boe below low-end.
- 2024 capex guidance midpoint cut 15% to $215-240M; rig count reduced from 2 to 1 in Oswego.
- Divested Western Anadarko acreage for $38M; cash balance $145M, net-debt-to-EBITDA 0.9x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1980088/000121390024068405/0001213900-24-068405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1980088/000121390024068405/ea0211140-8k_mach.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-068405

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