other material
confidence high
sentiment neutral
materiality 0.60
Mach Natural Resources pro forma net income $99.7M on $1.17B revenue for 9M2025
MACH NATURAL RESOURCES LP
- IKAV Acquisition (San Juan Basin) closed Sept 16, 2025 for $759.6M ($349.8M cash + 30.6M units at $13.39).
- Sabinal Acquisition (Permian Basin) closed same day for $456.2M ($199.3M cash + 19.2M units at $13.39).
- Pro forma combined 9M2025 revenue $1.17B, net income $99.7M vs. historical $787.8M/$69.9M.
- Pro forma diluted EPS $0.59; weighted average units 168.9M vs. historical 119.1M.
- Credit agreement amended: borrowing base +$700M, $450M term loan at SOFR + 4.00%.