MNR
Mach Natural Resources LP
NYSE: MNR · ENERGY · OIL & GAS E&P
$13.79
+2.30% today
Updated 2026-04-29
Market cap
$2.32B
P/E ratio
12.65
P/S ratio
2.22x
EPS (TTM)
$1.09
Dividend yield
14.60%
52W range
$10 – $15
Volume
0.8M
Mach Natural Resources LP (MNR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.31M | $21.91M | $24.55M | $23.32M | $32.90M | $41.61M | $47.76M | $55.30M | $65.86M | $78.01M | $94.92M | $113.55M | $139.37M | $158.52M | $167.82M | $392.50M | $937.41M | $762.31M | $969.63M | $1.09B |
| Revenue growth (YoY) | — | +13.4% | +12.1% | -5.0% | +41.1% | +26.5% | +14.8% | +15.8% | +19.1% | +18.5% | +21.7% | +19.6% | +22.7% | +13.7% | +5.9% | +133.9% | +138.8% | -18.7% | +27.2% | +12.8% |
| Cost of revenue | — | — | — | — | — | — | — | $9.23M | $11.32M | $12.49M | $14.73M | $17.32M | $24.39M | $20.71M | $20.19M | $176.16M | $389.58M | $375.51M | $637.80M | $783.37M |
| Gross profit | $19.31M | $21.91M | $24.55M | $23.32M | $32.90M | $41.61M | $47.76M | $46.07M | $54.54M | $65.52M | $80.19M | $96.23M | $114.98M | $137.81M | $147.62M | $216.33M | $547.84M | $386.80M | $331.83M | $310.73M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 83.3% | 82.8% | 84.0% | 84.5% | 84.8% | 82.5% | 86.9% | 88.0% | 55.1% | 58.4% | 50.7% | 34.2% | 28.4% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $2.18M | $2.39M | $2.80M | $2.80M | $10.83M | $4.16M | $7.78M | $4.98M | $5.71M | $6.31M | $7.94M | $7.81M | $8.78M | $9.08M | $8.93M | $60.93M | $25.45M | $27.65M | $40.84M | $49.24M |
| Operating income | $14.46M | $19.79M | $24.16M | $15.55M | $25.83M | $30.29M | $34.04M | $26.20M | $31.11M | $37.45M | $46.16M | $56.96M | $67.64M | $29.80M | $-22.14M | $155.41M | $522.38M | $359.14M | $290.99M | $254.09M |
| Operating margin | 74.9% | 90.3% | 98.4% | 66.7% | 78.5% | 72.8% | 71.3% | 47.4% | 47.2% | 48.0% | 48.6% | 50.2% | 48.5% | 18.8% | -13.2% | 39.6% | 55.7% | 47.1% | 30.0% | 23.2% |
| EBITDA | $20.26M | $27.37M | $34.25M | $26.08M | $37.11M | $42.54M | $47.95M | $51.90M | $54.40M | $67.22M | $81.54M | $98.72M | $128.14M | $113.85M | $65.50M | $180.72M | $610.28M | $495.38M | $560.74M | $546.86M |
| EBITDA margin | 104.9% | 124.9% | 139.5% | 111.8% | 112.8% | 102.2% | 100.4% | 93.8% | 82.6% | 86.2% | 85.9% | 86.9% | 91.9% | 71.8% | 39.0% | 46.0% | 65.1% | 65.0% | 57.8% | 50.0% |
| EBIT | $14.46M | $19.79M | $24.16M | $15.55M | $25.83M | $30.29M | $34.04M | $36.35M | $35.95M | $44.16M | $54.33M | $66.03M | $88.36M | $66.71M | $14.23M | $140.03M | $521.69M | $357.76M | $289.77M | $254.09M |
| Interest expense | $8.30M | $8.97M | $13.14M | $13.90M | $14.82M | $14.87M | $15.35M | $14.96M | $16.10M | $18.56M | $21.84M | $25.75M | $32.35M | $36.91M | $36.38M | $1.66M | $4.85M | $11.20M | $104.60M | $72.22M |
| Income tax | $8.30M | $8.97M | $13.14M | $13.90M | $14.82M | $14.87M | $15.35M | $9.86M | $4.84M | $6.72M | $8.17M | $9.06M | $20.72M | $36.91M | $36.38M | $-13.72M | $3.16M | $278.04M | — | — |
| Effective tax rate | 57.4% | 45.3% | 54.4% | 89.4% | 57.4% | 49.1% | 45.1% | 31.5% | 19.6% | 20.8% | 20.1% | 18.4% | 27.0% | 55.3% | 255.6% | -11.0% | 0.6% | 44.5% | 0.0% | 0.0% |
| Net income | $6.17M | $10.82M | $11.02M | $1.65M | $11.01M | $15.42M | $18.68M | $21.40M | $19.85M | $25.61M | $32.49M | $40.27M | $56.01M | $29.80M | $-22.14M | $138.37M | $516.84M | $346.56M | $185.18M | $142.98M |
| Net income growth (YoY) | — | +75.5% | +1.9% | -85.0% | +566.0% | +40.1% | +21.2% | +14.5% | -7.2% | +29.0% | +26.9% | +23.9% | +39.1% | -46.8% | -174.3% | +724.9% | +273.5% | -32.9% | -46.6% | -22.8% |
| Profit margin | 31.9% | 49.4% | 44.9% | 7.1% | 33.5% | 37.1% | 39.1% | 38.7% | 30.1% | 32.8% | 34.2% | 35.5% | 40.2% | 18.8% | -13.2% | 35.3% | 55.1% | 45.5% | 19.1% | 13.1% |