Mach Natural Resources LP income statement
In fiscal 2025, Mach Natural Resources LP reported revenue of $1.18bn, up 21.2% on the year before, operating income of $245m (a 20.8% margin) and net income of $143m, or $1.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 392 | 937 | 762 | 970 | 1,175 | 1,352 |
| Operating income | 155 | 522 | 359 | 291 | 245 | 195 |
| Interest expense | 2 | 5 | 11 | 105 | 72 | 91 |
| Net income | 138 | 517 | 69 | 185 | 143 | 101 |
| Diluted EPS | — | — | $0.72 | $1.90 | $1.09 | $0.64 |
| Diluted shares (average) | — | — | 95m | 98m | 132m | 158m |
| EBITDA | 196 | 611 | 497 | 562 | 538 | 480 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 256 | 235 | 227 | 289 | 273 | 388 | 286 | 406 |
| Operating income | 95 | 59 | 52 | 111 | −19 | 101 | −10 | 122 |
| Interest expense | 27 | 24 | 18 | 12 | 17 | 25 | 24 | 25 |
| Net income | 67 | 37 | 16 | 90 | −36 | 73 | −35 | 98 |
| Diluted EPS | $0.70 | $0.35 | $0.14 | $0.76 | −$0.28 | $0.50 | −$0.21 | $0.58 |
| EBITDA | 97 | 128 | 115 | 173 | −17 | 198 | 88 | 210 |
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