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Mach Natural Resources LP Reports Second Quarter 2026 Results; Declares Quarterly Cash Distribution of $0.36 Per Common Unit; Provides Updated 2026 Outlook

  • Mach Natural Resources LP reported financial results for the three months ended June 30, 2026, including a quarterly cash distribution \& updated full-year 2026 outlook.
  • Second quarter 2026 average total net production reached 148.9 thousand barrels of oil equivalent per day, comprised of 22.7 thousand barrels of oil per day.
  • The company reported net income of $98 million \& Adjusted EBITDA of $182 million, with lease operating expenses of $7.21 per barrel of oil equivalent.
  • Total development costs incurred in the quarter were $97 million, including $80 million for upstream capital \& $17 million for other capital.
  • Mach declared a quarterly cash distribution of $0.36 per common unit, payable on August 31, 2026, to unitholders of record as of August 17, 2026.
  • As of June 30, 2026, the company held a cash balance of $41 million \& had $730 million utilized under its $1.0 billion Revolving Credit Facility, leaving $311 million in available liquidity.
  • Updated 2026 guidance reflects a 4% increase in estimated oil production at the midpoint, while total Boe \& gas production guidance decreased due to a shift in drilling focus \& deferred Mancos completions.
  • Development cost guidance decreased based on revised drilling plans, while lifting costs increased due to a changed estimated commodity mix for the full year.
  • The company spud 9 gross operated wells \& brought 6 gross operated wells online during the second quarter of 2026.
  • A conference call \& webcast to discuss these results is scheduled for Friday, August 7, 2026, at 9:00 a.m. Central Time.