Stocks · Energy · Crude Petroleum & Natural Gas

MACH NATURAL RESOURCES LP

MNR Clue Score62
United States Fiscal year ends December CIK 0001980088
$10.73 +0.56% Close, 9 Oct 2026
Price $10.73 −41.49% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 25 Oct 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Revenue392.5Operating income155.4Net income138.4Fiscal year 2022Revenue937.4 +138.8%Operating income522.4Net income516.8 +273.5%Fiscal year 2023Revenue762.3 −18.7%Operating income359.1Net income68.5 −86.7%EPS, diluted0.72Fiscal year 2024Revenue969.6 +27.2%Operating income291.0Net income185.2 +170.3%EPS, diluted1.90 +163.9%Fiscal year 2025Revenue1,175.4 +21.2%Operating income245.0Net income143.0 −22.8%EPS, diluted1.09 −42.6%
FY2021FY2022FY2023FY2024FY2025
Revenue 392.5 937.4 762.3 969.6 1,175.4
Growth +138.8% −18.7% +27.2% +21.2%
Operating income 155.4 522.4 359.1 291.0 245.0
Net income 138.4 516.8 68.5 185.2 143.0
Growth +273.5% −86.7% +170.3% −22.8%
EPS, diluted n/a n/a 0.72 1.90 1.09
Growth +163.9% −42.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2021Operating margin39.6%Net margin35.3%Fiscal year 2022Operating margin55.7%Net margin55.1%Fiscal year 2023Operating margin47.1%Net margin9.0%Fiscal year 2024Operating margin30.0%Net margin19.1%Fiscal year 2025Operating margin20.8%Net margin12.2%
FY2021FY2022FY2023FY2024FY2025
Operating margin 39.6% 55.7% 47.1% 30.0% 20.8%
Net margin 35.3% 55.1% 9.0% 19.1% 12.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2021Operating cash flow198.5Fiscal year 2022Operating cash flow553.5Fiscal year 2023Operating cash flow491.7Fiscal year 2024Operating cash flow505.3Fiscal year 2025Operating cash flow507.0
FY2021FY2022FY2023FY2024FY2025
Operating cash flow 198.5 553.5 491.7 505.3 507.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash59.3Fiscal year 2022Cash29.4Total debt84.9Net cash (debt)−55.5Fiscal year 2023Cash152.8Total debt807.0Net cash (debt)−654.2Fiscal year 2024Cash105.8Total debt751.3Net cash (debt)−645.5Fiscal year 2025Cash42.6Total debt1,144.1Net cash (debt)−1,101.4
FY2021FY2022FY2023FY2024FY2025
Cash 59.3 29.4 152.8 105.8 42.6
Total debt n/a 84.9 807.0 751.3 1,144.1
Net cash (debt) n/a −55.5 −654.2 −645.5 −1,101.4

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
198.5 553.5 491.7 505.3 507.0
Growth +178.9% −11.2% +2.8% +0.3%
40.7 88.6 137.6 271.0 292.8
Investment
−194.7 −372.7 −1,027.2 −306.3 −899.2
Financing
−4.6 −210.7 658.8 −246.0 329.1

Capital expenditure, dividends and buybacks are shown as money out, so negative.