Earnings Releases·Nov 5, 2026, 4:12 PM ET

Mach Natural Resources LP — Third Quarter 2026 Earnings Summary

Reported net income of $10 million for Q3 2026, a significant turnaround from a $35.7 million net loss in the same period in 2025, while Adjusted EBITDA rose to $183 million from $124.2 million year-over-year.
Issued full-year 2027 guidance projecting production between 134 MBoe/d and 142 MBoe/d with capital spending planned between $275 million and $325 million, maintaining a reinvestment rate target of no more than 50% of operating cash flow.
Anticipates a significant increase in fourth-quarter per-unit cash distributions driven by reduced capital spending, following a Q3 declared distribution of $0.22 per common unit.
Optimized 2027 capital allocation primarily toward the Oswego play while remaining opportunistic on gas upside, supported by a diversified portfolio across the Anadarko, Permian, and San Juan Basins.