--- title: "Mach Natural Resources LP | 8-K: FY2026 Q2 Revenue: USD 406 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295172105.md" datetime: "2026-08-07T02:48:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295172105.md) - [en](https://longbridge.com/en/news/295172105.md) - [zh-HK](https://longbridge.com/zh-HK/news/295172105.md) generator: "portal-rs" --- # Mach Natural Resources LP | 8-K: FY2026 Q2 Revenue: USD 406 M Revenue: As of FY2026 Q2, the actual value is USD 406 M. EBIT: As of FY2026 Q2, the actual value is USD 122.46 M. ### Second Quarter 2026 Financial Highlights Mach Natural Resources LP reported a net income of $98 million for the second quarter of 2026. Adjusted EBITDA for the same period was $182 million. The company generated $154 million in net cash provided by operating activities and incurred total development costs of $97 million. A quarterly cash distribution of $0.36 per common unit was declared. ### Second Quarter 2026 Financial Results Total revenue for Mach Natural Resources LP in the second quarter of 2026 was $406 million. The average realized price, excluding derivative effects, was $95.40 per barrel for oil, $1.93 per Mcf for natural gas, and $28.99 per barrel for natural gas liquids (NGLs). As of June 30, 2026, the company held a cash balance of $41 million and had utilized $730 million under its $1.0 billion Revolving Credit Facility. Mach Natural Resources LP maintained approximately $311 million of available liquidity as of the same date. ### Second Quarter 2026 Operational Metrics Mach Natural Resources LP achieved an average total net production of 148.9 thousand barrels of oil equivalent per day (Mboe/d), which included 22.7 thousand barrels of oil per day (MBbl/d). Production composition was 15% oil, 69% natural gas, and 16% NGLs. Production revenues from oil, natural gas, and NGLs sales totaled $367 million, with 54% from oil, 30% from natural gas, and 16% from NGLs. Lease operating expense was $98 million, or $7.21 per Boe, while gathering and processing expenses were $48 million, or $3.54 per Boe. Production taxes accounted for approximately 5.1% of oil, natural gas, and NGLs sales, and midstream operating profit was approximately $5 million. General and administrative expenses, excluding $3 million in equity-based compensation, amounted to $7 million, and interest expense was $25 million. Total development costs were $97 million, comprising $80 million for upstream capital and $17 million for other capital (midstream and land). The company spud 9 gross (5.0 net) operated wells and brought online 6 gross (4.2 net) operated wells. ### Reconciliation to Adjusted EBITDA (Q2 2026) Net income was $98,213 thousand. Adjustments included adding back interest expense, net of $24,250 thousand, depreciation, depletion, amortization and accretion of $98,229 thousand, and equity-based compensation expense of $3,413 thousand. Further adjustments for unrealized gain on derivative instruments of - $41,691 thousand and gain on sale of assets of - $183 thousand resulted in an Adjusted EBITDA of $182,231 thousand. ### Reconciliation to Adjusted EBITDA (Six Months Ended June 30, 2026) Net income for the six months ended June 30, 2026, was $63,175 thousand. After adding back interest expense, net of $48,413 thousand, depreciation, depletion, amortization and accretion of $196,402 thousand, and equity-based compensation expense of $6,962 thousand, and adjusting for unrealized gain on derivative instruments of $62,078 thousand and gain on sale of assets of - $175 thousand, the Adjusted EBITDA was $376,855 thousand. ### 2026 Outlook Mach Natural Resources LP updated its full-year 2026 guidance, projecting an approximate 4% increase in estimated oil production at the midpoint due to a strategic shift towards oil drilling. This reallocation of drilling capital and the deferral of Mancos completions to 2027 are expected to decrease total Boe and gas production guidance. Estimated development costs have decreased due to changes in drilling plans, while lifting costs have increased due to the change in the estimated commodity mix for the full year. ### Related Stocks - [MNR.US](https://longbridge.com/en/quote/MNR.US.md) ## Related News & Research - [Mach Natural Resources FY26 Q2 net income rises 9.54% to $98.21 million; revenue climbs 41% to $405.96 million](https://longbridge.com/en/news/295138042.md) - [Mach Natural Resources Q2 adjusted EBITDA slightly misses estimates](https://longbridge.com/en/news/295142316.md) - [Research Analysts Offer Predictions for MNR FY2026 Earnings](https://longbridge.com/en/news/295649212.md) - [Mach Natural Resources LP 2025 Schedule K-1 Tax Packages for Common Units Now Available | MNR Stock News](https://longbridge.com/en/news/279044219.md) - [Mach Natural Resources LP Announces Secondary Public Offering of Common Units | MNR Stock News](https://longbridge.com/en/news/281798033.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**