Mach Natural Resources LP Reports Second Quarter 2024 Results; Declares Quarterly Cash Distribution of $0.90 Per Unit
Mach Natural Resources LP (MNR)
Last mach natural resources lp earnings: 2/6 04:25 pm
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US:NYSE Investor Relations:
mreic.reit
Company Research
Source: Business Wire
OKLAHOMA CITY--(BUSINESS WIRE)--Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) today reported financial and operating results for the three months ended June 30, 2024. The Company also announced its quarterly cash distribution and updated its full year 2024 outlook.Second Quarter 2024 HighlightsAveraged total net production of 89.3 thousand barrels of oil equivalent per day (“Mboe/d”) exceeded the high-end of guidanceProduced an average of 20.9 thousand barrels of oil per day (“MBbl/d”)Lease operating expense of $5.72 per barrel of oil equivalent (“Boe”) was below the low-end of guidanceReported net income and Adjusted EBITDA of $40 million and $136 million, respectivelyGenerated net cash provided by operating activities of $117 millionDivested a portion of Western Anadarko acreage for $38 million with no associated productionMade first quarterly term loan amortization payment of $21 millionDeclared a quarterly cash distribution of $0.90 per unitTom L. Ward, Mach’
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News
- Mach Natural Resources LP Announces Exercise of Over-Allotment OptionBusiness Wire
- Mach Natural Resources LP Announces Pricing of Public Offering of Common UnitsBusiness Wire
- Mach Natural Resources LP Announces Launch of Public Offering of Common UnitsBusiness Wire
- Mach Natural Resources LP (MNR) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Mach Natural Resources LP Reports Second Quarter 2024 Results; Declares Quarterly Cash Distribution of $0.90 Per Unit [Yahoo! Finance]Yahoo! Finance
MNR
Earnings
- 5/13/24 - Miss
MNR
Sec Filings
- 9/9/24 - Form 8-K
- 9/9/24 - Form EFFECT
- 9/9/24 - Form 424B4
- MNR's page on the SEC website