Education
About Us
Working with TipRanks
Follow Us
Mach Natural Resources LP (MNR)
NYSE:MNR
RESEARCH TOOLSreports
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.65Last Year’s EPS
0.44Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: -4.90%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
Mach Natural Resources demonstrated strong financial health and strategic execution despite facing low natural gas prices and increased competition. The company maintained a robust distribution strategy and continued efficient operations, planning to capitalize on higher natural gas prices in 2025.Company Guidance
In the recent earnings call, Mach Natural Resources emphasized their strategic pillars for fiscal year 2024, focusing on maintaining financial strength, disciplined execution, reinvestment rates, and maximizing cash distributions. The company aims for a long-term debt-to-EBITDA ratio of 1x or less, emphasizing low leverage to navigate market volatility. They reported reducing lease operating expenses (LOE) by 25-35% across acquisitions, which contributed to a 2024 EBITDA of $601 million. The reinvestment rate was kept under 50% of operating cash flow, achieving peer-leading variable distributions while targeting projects with at least 50% internal rates of return (IRR). They drilled 45 wells in their Oswego and Woodford programs, with over 35% achieving more than 100% rates of return. The company anticipates spending $225 to $240 million on drilling and completion in 2025, maintaining nearly flat production levels. They reported a net debt-to-EBITDA ratio of 0.8x, and distributed $310 million to unitholders in 2024, achieving a cash return on capital invested of 25%. The strategic approach is underscored by a focus on acquisitions that are accretive to distributions, with plans to bring in additional rigs and continue disciplined reinvestment, even amidst fluctuating commodity prices.Strong Financial Performance
Mach Natural Resources maintained a low leverage with a net debt-to-EBITDA ratio of 0.8x, down from 1.0x. The company also achieved a free cash flow of $8.43 per BOE and distributed $310 million to unitholders, maintaining a disciplined reinvestment rate of 47%.
Successful Acquisitions and Drilling
The company made 20 acquisitions since 2018, accumulating over 1 million acres and acquiring assets for $65 million that contributed $78 million of EBITDA in 2024. 35% of the wells drilled achieved over 100% rates of return, and the company plans to increase rigs in 2025 due to higher natural gas prices.
Efficient Operations
Mach reduced LOE by 25% to 35% in every acquisition and maintained low drilling and completion costs, achieving a median payout period of 15 months.
---
MNR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
MNR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $14.30 | $14.62 | +2.24% |
| Nov 12, 2024 | $15.10 | $15.16 | +0.40% |
| Aug 13, 2024 | $16.80 | $17.40 | +3.57% |
| May 13, 2024 | $17.36 | $17.18 | -1.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Mach Natural Resources LP (MNR) report earnings?
Mach Natural Resources LP (MNR) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Mach Natural Resources LP (MNR) earnings time?
Mach Natural Resources LP (MNR) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MNR EPS forecast?
MNR EPS forecast for the fiscal quarter 2025 (Q1) is 0.65.
---