Financial Snapshot

Revenue
$1.044B
TTM
Gross Margin
67.47%
TTM
Net Earnings
$299.3M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
124.27%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$1.101B
Q3 2024
Book Value
$1.225B
Q3 2024
Cash
Q3 2024
P/E
5.266
Nov 29, 2024 EST
Free Cash Flow
-$525.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022
Revenue $762.3M $937.4M
YoY Change -18.68% 138.83%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022
Revenue $762.3M $937.4M
Cost Of Revenue $227.0M $285.8M
Gross Profit $535.3M $651.6M
Gross Profit Margin 70.22% 69.51%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022
Selling, General & Admin $27.65M $25.45M
YoY Change 8.64%
% of Gross Profit 5.17% 3.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $137.6M $88.59M
YoY Change 55.34% 117.74%
% of Gross Profit 25.71% 13.6%
Operating Expenses $176.1M $129.2M
YoY Change 36.33%
Operating Profit $359.1M $522.4M
YoY Change -31.25% 236.14%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022
Interest Expense -$11.20M -$4.852M
YoY Change 130.85% -393.0%
% of Operating Profit -3.12% -0.93%
Other Income/Expense, Net -$1.385M -$691.0K
YoY Change 100.43% -95.94%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022
Pretax Income $346.6M $516.8M
YoY Change -32.95%
Income Tax
% Of Pretax Income
Net Earnings $346.6M $516.8M
YoY Change -32.95% 273.51%
Net Earnings / Revenue 45.46% 55.13%
Basic Earnings Per Share $0.72
Diluted Earnings Per Share $3.65 $5.44

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022
Cash & Short-Term Investments $152.8M $29.42M
YoY Change 419.4%
Cash & Equivalents $152.8M $29.42M
Short-Term Investments
Other Short-Term Assets $27.23M $2.459M
YoY Change 1007.24%
Inventory $31.38M $24.70M
Prepaid Expenses
Receivables $78.05M $108.3M
Other Receivables $54.15M $21.80M
Total Short-Term Assets $343.6M $186.7M
YoY Change 84.09%
Property, Plant & Equipment $1.939B $698.2M
YoY Change 177.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $22.21M $3.052M
YoY Change 627.85%
Total Long-Term Assets $1.961B $701.2M
YoY Change 179.65%
Total Assets $2.305B $887.9M
YoY Change
Accounts Payable $47.44M $19.85M
YoY Change 139.06%
Accrued Expenses $55.29M $70.94M
YoY Change -22.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $61.88M $0.00
YoY Change
Total Short-Term Liabilities $274.9M $153.1M
YoY Change 79.61%
Long-Term Debt $745.1M $84.90M
YoY Change 777.67%
Other Long-Term Liabilities $92.74M $56.67M
YoY Change 63.65%
Total Long-Term Liabilities $837.9M $141.6M
YoY Change 491.85%
Total Liabilities $1.113B $294.6M
YoY Change 277.69%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022
Basic Shares Outstanding 94.91M shares
Diluted Shares Outstanding 94.91M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.5762 Billion

About MACH NATURAL RESOURCES LP

Mach Natural Resources LP is an independent upstream oil and gas company focuses on the acquisition, development, and production of oil, natural gas and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas and the panhandle of Texas. The company is headquartered in Oklahoma City, Oklahoma and currently employs 442 full-time employees. The company went IPO on 2023-10-25. The firm is focused on acquisition, development and production of oil, natural gas and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. The firm's assets are located throughout Western Oklahoma, Southern Kansas and the panhandle of Texas and consist of approximately 4,600 gross operated PDP wells. Additionally, it owns a portfolio of midstream assets which support its leases, including ownership in four processing plants with combined processing capacity of 353 million cubic feet per day (MMcf/d), along with 1,210 miles of gas gathering pipelines. Additionally, it owns water infrastructure consisting of 880 miles of gathering pipeline and 55 disposal wells.

Industry: Crude Petroleum & Natural Gas Peers: CONOCOPHILLIPS Crescent Energy Co DORCHESTER MINERALS, L.P. Granite Ridge Resources, Inc. GULFPORT ENERGY CORP HighPeak Energy, Inc. Kimbell Royalty Partners, LP Kosmos Energy Ltd. Vital Energy, Inc. TALOS ENERGY INC.