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Financials · MNR

Mach Natural Resources LP (MNR) financials

For the twelve months ended Sep 30, 2026, Mach Natural Resources LP reported $1.40B of revenue and $146.51M of net income.

Revenue, TTM
$1.40B
Revenue growth, YoY
+36.7%
Net income, TTM
$146.51M
Net income growth, YoY
+37.7%
Net margin
10.5%
EPS, diluted, TTM
$0.90
EPS growth, YoY
-6.3%
Cash
$30.49M
Total debt
$1.16B
P/E
10.69
P/S
1.12
Market cap
$1.57B
Annual revenue$1.18B
FY2021FY2025
Annual net income$142.98M
FY2021FY2025

MNR revenue and earnings growth

MNR revenueQ3 2026$319.24M

Quarter YoY
+17.1%
QoQ
-21.4%
FY YoY
+21.2%

MNR revenue was $319.24M in fiscal Q3 2026 (ended Sep 30, 2026), up 17.1% from a year earlier and down 21.4% from the prior quarter. For the full fiscal 2025 it was $1.18B, up 21.2% from fiscal 2024. It rose in 3 of the last 4 fiscal years. Fiscal 2025 is the highest of the 5 fiscal years on file.

MNR net incomeQ3 2026$10.24M

QoQ
-89.6%
FY YoY
-22.8%

MNR net income was $10.24M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$35.65M a year earlier and down 89.6% from the prior quarter. For the full fiscal 2025 it was $142.98M, down 22.8% from fiscal 2024. It rose in 2 of the last 4 fiscal years.

MNR EPSQ3 2026$0.06

QoQ
-89.7%
FY YoY
-42.6%

MNR diluted EPS was $0.06 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.28 a year earlier and down 89.7% from the prior quarter. For the full fiscal 2025 it was $1.09, down 42.6% from fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
Revenue$1.18B$969.63M$762.31M$937.41M$392.50M
Operating income$244.95M$290.99M$359.14M$522.38M$155.41M
Interest expense$72.22M$104.60M$11.20M$4.85M$1.66M
Net income$142.98M$185.18M$68.52M$516.84M$138.37M
EPS, basic$1.09$1.90$0.72--
EPS, diluted$1.09$1.90$0.72--
Diluted shares131.5M97.7M94.9M--

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
Cash and equivalents$42.63M$105.78M$152.79M$29.42M$59.27M
Inventory$43.51M$24.30M$31.38M$24.70M-
Current assets$377.95M$322.10M$343.60M$186.65M-
Total assets$3.78B$2.34B$2.30B$887.86M-
Current liabilities$359.92M$352.42M$274.91M$153.06M-
Short-term debt$0$82.50M$61.88M$0-
Long-term debt$1.14B$668.78M$745.14M$84.90M-
Total debt$1.14B$751.28M$807.01M$84.90M-

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
Operating cash flow$506.96M$505.29M$491.74M$553.54M$198.46M
Investing cash flow-$899.16M-$306.32M-$1.03B-$372.66M-$194.74M
Financing cash flow$329.06M-$245.99M$658.79M-$210.74M-$4.58M
Stock-based compensation$9.39M$6.53M$3.44M$7.53M$45.30M
Depreciation and amortization$292.76M$270.97M$137.62M$88.59M$40.69M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
Revenue growth, YoY21.2%27.2%-18.7%138.8%-
Net income growth, YoY-22.8%170.3%-86.7%273.5%-
EPS growth, YoY-42.6%163.9%---
Operating margin20.8%30.0%47.1%55.7%39.6%
Net margin12.2%19.1%9.0%55.1%35.3%
Return on assets3.8%7.9%3.0%58.2%-
Current ratio1.050.911.251.22-

Source: XBRL data Mach Natural Resources LP files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MNR peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MNR$1.40B+36.7%$146.51M10.5%$1.57B
SHEL$273.73B-5.3%$17.84B6.5%$273.51B
TTE$201.20B-6.2%$13.13B6.5%$192.00B
PBR$89.19B-2.4%$19.63B22.0%$118.25B
CNQC$38.76B+8.7%C$10.82B27.9%$98.26B
E€82.15B-7.5%€2.61B3.2%$87.98B
EOG$29.73B+31.7%$8.19B27.5%$76.96B
OXY$25.75B+36.9%$7.50B29.1%$55.74B
OKE$43.19B+36.8%$4.07B9.4%$54.21B

MNR FAQ

7 questions
  • What is MNR revenue?
    Mach Natural Resources LP (MNR) reported $1.40B of revenue for the twelve months ended Sep 30, 2026. That is up 36.7% from the year before. Revenue for fiscal 2025 was $1.18B.
  • Is MNR profitable?
    Yes. Mach Natural Resources LP earned $146.51M in net income for the twelve months ended Sep 30, 2026, a net margin of 10.5%.
  • How much cash and debt does MNR have?
    Mach Natural Resources LP reported $30.49M in cash and cash equivalents and $1.16B of debt on its most recent balance sheet in SEC filings.
  • How fast is MNR revenue growing?
    Mach Natural Resources LP's revenue changed +21.2% in fiscal 2025, to $1.18B.
  • What is MNR earnings per share?
    Diluted earnings per share were $0.90 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did MNR last report financial results?
    The latest statements here come from Mach Natural Resources LP's 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this MNR financial data come from?
    Quantisnow builds these statements from the structured XBRL data Mach Natural Resources LP files with the SEC. It is provided for information only and is not investment advice.