earnings
confidence high
sentiment positive
materiality 0.70
Mach Natural Resources Q2 net income $98M, revenue $406M; declares $0.36/unit distribution; updates 2026 outlook
MACH NATURAL RESOURCES LP
2026-Q2 EPS reported
$0.38
revenue$691,880,000
- Q2 net income $98M, revenue $406M, Adjusted EBITDA $182M; average production 148.9 Mboe/d.
- Realized oil price $95.40/bbl; oil production 22.7 MBbl/d; capital shift to oil-weighted projects.
- Quarterly distribution $0.36/unit, payable Aug 31 to holders of record Aug 17.
- Updated 2026 guidance: oil production up ~4% at midpoint; total Boe and gas down; development costs decreased; lifting costs increased.
- Cash $41M, $730M drawn on $1B revolver, liquidity $311M.