MACH NATURAL RESOURCES LP(MNR)— Stock Profile, AI Score & Financials
Energy · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
MACH NATURAL RESOURCES LP (MNR) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores MNR at 65.3/100 on a 32-signal composite quality model, placing it at rank #488 of 2,960 stocks — the top 25% of the AI-ranked universe. MNR scores in the top quartile across free cash flow (91.5), earnings quality (89.7), revenue growth (86.8). Areas of concern include institutional flow (15.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), MACH NATURAL RESOURCES LP reports quarterly revenue of $406.0M, net income of $98.2M. Top institutional holders of MNR by reported 13-F value include KAYNE ANDERSON CAPITAL ADVISORS, AMERICAN CENTURY COMPANIES, MORGAN STANLEY, based on the most recent SEC filings. MNR trades on the NYSE exchange and files with the SEC under CIK 1980088. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MNR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for MACH NATURAL RESOURCES LP directly from SEC EDGAR.
AI Quality Score
65.3/100
AI Rank
#488
Revenue
$406.0M
Net Income
$98.2M
MNR key financials by period
MACH NATURAL RESOURCES LP reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$1.2B
$143.0M
20.8%
FY 2024
10-K
$969.6M
$185.2M
30.0%
FY 2023
10-K
$762.3M
$68.5M
47.1%
FY 2022
10-K
$937.4M
$516.8M
55.7%
FY 2021
10-K
$392.5M
$138.4M
39.6%
Institutions holding MNR
Institutional investors reporting a position in MACH NATURAL RESOURCES LP on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 revenue surged 41% to $406M on 78% production growth from IKAV and Sabinal acquisitions, though net income rose only 10% to $98M due to derivative losses.
Biggest Revenue Drivers
Oil, natural gas, and NGL sales$366.9M+67% YoY
78% production increase driven by IKAV and Sabinal acquisitions; oil prices +51%, natural gas prices -31%, NGL prices +29%.
Gain on oil and natural gas derivatives$23.5M-58% YoY
Realized losses of $24.6M offset by unrealized gains of $40.7M; prior year had higher unrealized gains.
Biggest Revenue Drivers
Total revenue: $406.0M+41% YoY
Oil, natural gas, and NGL sales$366.9M+67% YoY
78% production increase driven by IKAV and Sabinal acquisitions; oil prices +51%, natural gas prices -31%, NGL prices +29%.
Gain on oil and natural gas derivatives$23.5M-58% YoY
Realized losses of $24.6M offset by unrealized gains of $40.7M; prior year had higher unrealized gains.
Midstream revenue$9.4M+50% YoY
Additional midstream facilities acquired in IKAV Acquisition in September 2025.
Product sales$6.2M-14% YoY
Decreased average selling price of natural gas in product sales.
Largest Expense Items
Lease operating expense$97.7M+97% YoY
IKAV and Sabinal acquisitions added production; oil-heavy Sabinal production increased cost per Boe by $0.69.
Gathering and processing$48.0M+51% YoY
130% increase in natural gas production and 19% increase in NGL production from IKAV Acquisition.
Depreciation, depletion, amortization and accretion – oil and natural gas$93.9M+46% YoY
IKAV and Sabinal acquisitions added $1.3B to proved properties subject to depletion.
Production taxes$18.5M+77% YoY
Increase aligned with 67% increase in oil, natural gas and NGL sales revenue.
Watch Items from the Filing
Customer concentration: Purchaser A represents 21.8% of Q2 2026 revenues; Purchaser C 12.8%; Purchaser B 14.4%. Loss of any single purchaser could disrupt sales despite fungible commodities and multiple market participants.
Firm sales commitment: Post-IKAV acquisition, company obligated to deliver natural gas at fixed $1.72/MMBtu through 2030; 264.5 Bbtu total commitment. Production must remain sufficient; shortfalls require market-price compensation.
Leverage: $1.18B borrowings on New Credit Agreement with 7.8% effective rate; $270M remaining availability as of June 30, 2026. Covenant: consolidated total net leverage ≤3.0x; current ratio ≥1.0x.
Derivative losses: H1 2026 unrealized losses of $62.1M on derivatives as oil prices rose; mark-to-market accounting swing reduced earnings despite operational strength.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
