Mach Natural Resources LP Beats Analyst Expectations, Raises Forecast for 2025

Mach Natural Resources LP reported Q2 statutory revenue of $289m and earnings of $0.76, beating expectations by 21% and 48%, respectively. Analysts have increased their forecasts, with revenues predicted to rise 20% to $1.15b and earnings per share to expand 11% to $1.97 in 2025. However, price targets remain unchanged at $22.50.

Mach Natural Resources LP (NYSE: MNR) reported its second-quarter 2025 financial results, demonstrating robust performance and beating analyst expectations. The company reported total revenue of $289 million and net income of $90 million, surpassing analyst projections by 21% and 48%, respectively [1].

Key highlights from the second quarter include:

- Production: Mach achieved an average net production of 83.6 thousand barrels of oil equivalent per day (Mboe/d), with 19.3 thousand barrels of oil per day (MBbl/d).
- Costs and Expenses: The company incurred total development costs of $64 million, with lease operating expenses of $6.52 per barrel of oil equivalent (Boe).
- Financial Performance: Net income and Adjusted EBITDA(1) were $90 million and $122 million, respectively. The company generated $130 million in net cash provided by operating activities.
- Cash Distribution: Mach declared a quarterly cash distribution of $0.38 per common unit, to be paid on September 4, 2025.

Analysts have responded positively to the results, increasing their 2025 forecasts. Revenue is predicted to rise by 20% to $1.15 billion, and earnings per share are expected to expand by 11% to $1.97. However, price targets remain unchanged at $22.50 [1].

Mach’s CEO, Tom L. Ward, commented, "Our second quarter results reflect continued strong execution of our 2025 plan. A steady adherence to the four pillars of our disciplined business model allows us to announce a distribution of $0.38 per common unit for the period. Just last month, we took an important step in expanding our operational scale and diversifying our asset base with the announcement of two transformative acquisitions. We believe these transactions lay the groundwork for sustainable long-term growth and underscore our commitment to maximizing unitholder value."

Mach Natural Resources LP is scheduled to host a conference call and webcast on August 8, 2025, to discuss its second-quarter 2025 results.

References:
[1] https://ir.machnr.com/news-events/press-releases/detail/46/mach-natural-resources-lp-reports-second-quarter-2025-results-declares-quarterly-cash-distribution-of-0-38-per-common-unit