We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Mach Natural Resources (NYSE: MNR ) reported solid Q1 2025 results along with plans to shift capex towards natural gas development. Mach potentially will run two rigs in the deep gas area of the Anadarko Basin by Q4, ...

Mach Natural Resources (MNR) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Tom Ward - CEO & Director of Mach Natural Resources GP LLCKevin White - Chief Financial Officer of Mach Natural Resources GP LLCDerrick Whitfield - Managing DirectorMichael Scialla - Managing DirectorJohn Freeman - Managing DirectorGeoff Jay - PartnerSelman Akyol - Managing Director - Energy & Power sector Conference Call Participants Charles Meade - Research Analyst Operator Good morning, everyone. Thank you fo ...

Mach Natural Resources (MNR) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Tom Ward - CEO & Director of Mach Natural Resources GP LLCKevin White - Chief Financial Officer of Mach Natural Resources GP LLCDerrick Whitfield - Managing DirectorMichael Scialla - Managing DirectorJohn Freeman - Managing DirectorGeoff Jay - PartnerSelman Akyol - Managing Director - Energy & Power sector Conference Call Participants Charles Meade - Research Analyst Operator Good morning, everyone. Thank you fo ...

Financial Data and Key Metrics Changes - The company reported an average production of 81,000 BOE per day, with a revenue of $253 million, where oil contributed 49%, gas 33%, and NGLs 18% [25][26] - The net debt to EBITDA ratio improved from 1.0 times at the end of 2024 to 0.7 times at the end of Q1 2025 [6][23] - Projected interest expense for 2025 is expected to decrease by $22 million due to debt refinancing [6] Business Line Data and Key Metrics Changes - The production mix for the quarter was 24% oil, 53% natural gas, and 23% NGLs [25] - The company plans to shift its drilling focus towards natural gas, with a projected increase in natural gas production while keeping overall barrel oil equivalent flat [7][8] Market Data and Key Metrics Changes - Oil prices have recently dipped into the $50 range, impacting the company's strategy to focus on natural gas drilling [7] - The company maintains a strong position in the natural gas market, with a volume mix of 54% natural gas projected for 2025 [7] Company Strategy and Development Direction - The company emphasizes four strategic pillars: maintaining financial strength, disciplined execution, disciplined reinvestment rate, and maximizing cash distributions [3][4] - The company aims to keep its reinvestment rate below 50% of operating cash flow to optimize distributions to unitholders [4][12] - The recent acquisition of XTO assets is expected to enhance the company's drilling opportunities and production capabilities [10][17] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenging market environment but believes the company is well-positioned to navigate through commodity cycles [7][23] - The company anticipates double-digit growth in natural gas production in 2026, driven by increased drilling activity in the Deep Anadarko Basin [7][8] Other Important Information - The company has distributed over $1 billion back to unitholders since inception, with a current distribution of $0.79 per unit, resulting in a 20% yield [16] - The company has made 21 acquisitions since early 2018, spending over $2 billion, focusing on cash-flowing properties at discounted prices [18] Q&A Session Summary Question: Can you elaborate on the recent acquisition and its impact? - The acquisition adds significant acreage but only produces about 1,600 BOE per day. It includes 1 million acres across various regions, primarily in the Greater Anadarko Basin [32][34] Question: What is the strategy regarding the reinvestment rate and rig deployment? - The company plans to maintain a reinvestment rate below 50%. Currently, two rigs will be operational, with a potential third rig added later in the year depending on cash flow [40][42] Question: How does the company view the oil to gas ratio in future development? - The company will prioritize gas drilling when gas prices are favorable compared to oil, with a focus on maintaining high rates of return [48][49] Question: What are the expectations for natural gas prices and production in 2026? - The company expects significant growth in gas production in 2026, with a projected increase of over 20% in gas volumes while oil production may decrease slightly [65]

Mach Natural Resources LP (MNR) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.45%. A quarter ago, it was expected that this company would post earnings of $0.44 per share when it actually produced earnings of $0.62, delivering a surprise of 40.91%.Over the last four quarters, the ...

Exhibit 99.1 Mach Natural Resources LP Reports First Quarter 2025 Results; Declares Quarterly Cash Distribution of $0.79 Per Common Unit; Reaffirms 2025 Outlook OKLAHOMA CITY, Oklahoma, May 8, 2025 — Mach Natural Resources LP (NYSE: MNR) ("Mach" or the "Company") today reported financial and operating results for the three months ended March 31, 2025. The Company also announced its quarterly cash distribution and reiterated its full year 2025 outlook. First Quarter 2025 Highlights Recent Highlights ● Acquir ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-41849 Mach Natural Resources LP (Exact name of registrant as specified in its charter) Delaware ...

Core Insights - Mach Natural Resources LP (MNR) is positioned to potentially continue its earnings-beat streak in upcoming reports, particularly within the Zacks Oil and Gas - Exploration and Production - United States industry [1] - The company has a history of beating earnings estimates, with an average surprise of 29.78% over the last two quarters [1] Earnings Performance - For the last reported quarter, Mach Natural Resources LP achieved earnings of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.44 per share, resulting in a surprise of 40.91% [2] - In the previous quarter, the company was expected to report earnings of $0.59 per share but delivered $0.70 per share, leading to a surprise of 18.64% [2] Earnings Estimates and Predictions - Estimates for Mach Natural Resources LP have been trending higher, influenced by its history of earnings surprises [4] - The company currently has a positive Earnings ESP (Expected Surprise Prediction) of +7.49%, indicating a bullish outlook from analysts regarding its earnings prospects [7] - The combination of a positive Earnings ESP and a Zacks Rank 3 (Hold) suggests a strong possibility of another earnings beat [7] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [5] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6]

Mach Natural Resources LP (NYSE:MNR) Q4 2024 Earnings Conference Call March 14, 2025 9:00 AM ET Company Participants Tom Ward - Chief Executive Officer & Director Kevin White - Chief Financial Officer Conference Call Participants Neal Dingmann - Truist Securities Charles Meade - Johnson Rice Michael Scialla - Stephens Derrick Whitfield - Texas Capital John Freeman - Raymond James Operator Greetings, and welcome to the Mach Natural Resources Fourth Quarter and Full Year 2024 Earnings Results Conference Call. ...

Financial Data and Key Metrics Changes - In Q4 2024, the company reported total net production of 86,700 BOE per day, with net income of $185 million and adjusted EBITDA of $601 million [21][35] - Average realized prices were $70.06 per barrel of oil, $2.31 per Mcf of gas, and $25.82 per barrel of NGLs [35] - The company generated $235 million in total revenues, with EBITDA of $162 million and operating cash flow of $134 million [36] - Free cash flow for the quarter was $81 million, leading to a distribution of $0.50 per unit [36][62] - The net debt-to-EBITDA ratio improved to 0.8x from 1.0x [23] Business Line Data and Key Metrics Changes - The company maintained a production mix of 24% oil, 52% natural gas, and 24% NGLs in Q4 2024 [35] - The company achieved a median payout period of 15 months for its wells, with Oswego D&C costs averaging $2.6 million [12][21] - The reinvestment rate for 2024 was 47%, with a projected PDP decline of 20% over the next 12 months [16] Market Data and Key Metrics Changes - The company noted that 2024 had the lowest natural gas prices since the early 1990s, impacting overall revenue [29] - The commodity mix by revenue in 2024 was 59% oil, 21% natural gas, and 20% NGLs, shifting to 54% natural gas in 2025 due to higher natural gas prices [30][31] Company Strategy and Development Direction - The company focuses on four strategic pillars: maintaining financial strength, disciplined execution, disciplined reinvestment rate, and maximizing cash distributions [3][4] - The company plans to add a third rig in 2025, focusing on high-return wells while keeping the reinvestment rate below 50% [10][11] - The company aims to continue making accretive acquisitions, having completed 20 acquisitions since its founding in 2017 [6][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term demand for natural gas, viewing it as a key fuel for the next decade [53] - The company anticipates a more favorable operating environment in 2025, with increased operating cash flow due to rising natural gas prices [10][31] - Management does not foresee a prolonged downturn similar to 2015-2020 and is prepared to capitalize on acquisition opportunities [26] Other Important Information - The company has a strong balance sheet, with total proved acreage coverage of 3.9% and net debt to enterprise value of 21% [16] - The company has distributed over $1 billion to unitholders since inception, maintaining a consistent distribution strategy [19] Q&A Session Summary Question: Expectations for gas and oil prices this year - Management expects to see better deals in both gas and oil, with a preference for crude oil acquisitions when prices are in the $60 range [42][43] Question: Value of infrastructure and potential monetization - Management views infrastructure as critical to operations and does not plan to sell it, as it generates more EBITDA than its purchase price [44][46] Question: Timing and focus of the third rig - The third rig will be operational shortly, initially focusing on the Oswego formation before moving to the deep Mississippian project [49] Question: Competitive landscape in the Mid-Con region - The Mid-Con region has seen increased competition, but the company focuses on smaller acquisitions that fit its criteria [74] Question: Organic leasing opportunities - The company has significant acreage held by production and plans to allocate around $30 million for leasing in 2025 [76] Question: Impact of non-op budget - The non-op budget remains low, with limited participation in non-operated wells [87] Question: Natural gas production guidance - Management expects natural gas production to trend towards the high end, with a stable range for NGLs [91]