earnings
confidence high
sentiment neutral
materiality 0.60
Mach Natural Resources Q3 net income $67M, Adjusted EBITDA $134M; declares $0.60/unit distribution
MACH NATURAL RESOURCES LP
2024-Q3 EPS reported
$1.55
revenue$734,685,000
- Net income $67M, revenue $256M, Adjusted EBITDA $134M; net cash from operations $111M.
- Avg production 81.8 Mboe/d; LOE $5.85/Boe; capex $53M (ex-acq); YTD reinvestment rate 49%.
- Q3 distribution $0.60/unit, payable Dec 10, record Nov 26.
- Cash $185M, net-debt-to-EBITDA 0.9x; public offering net proceeds $129M used for acquisitions.
- 2025 outlook provided; details on company website.