Mach Natural Resources LP (MNR) Misses Q1 Earnings and Revenue Estimates

Company Performance - Mach Natural Resources LP (MNR) reported quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.69 per share, and down from $0.79 per share a year ago, representing an earnings surprise of -1.45% [1] - The company posted revenues of $226.77 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 12.39%, compared to year-ago revenues of $239.16 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Mach Natural Resources LP shares have lost about 22.5% since the beginning of the year, while the S&P 500 has declined by -4.3% [3] - The current consensus EPS estimate for the coming quarter is $0.63 on revenues of $247.12 million, and for the current fiscal year, it is $2.60 on revenues of $1.01 billion [7] Industry Outlook - The Zacks Industry Rank for Oil and Gas - Exploration and Production - United States is currently in the bottom 34% of over 250 Zacks industries, indicating potential challenges for companies in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can significantly impact stock performance [5][8]