MNR•Mach Natural Resources reported Q3 revenue of $319 million and net income of $10 million, while adjusted EBITDA of $183.46 million beat the $179.61 million analyst estimate. The company declared a $0.22-per-unit cash distribution and expects 2027 capital spending of $275 million to $325 million.
Mach Natural Resources reported Q3 revenue of $319 million and net income of $10.24 million. Adjusted EBITDA was $183.46 million, above the $179.61 million consensus estimate, and the company declared a Q3 cash distribution of $0.22 per common unit.
Mach expects 2027 capital spending of $275 million to $325 million and production of 134,000 to 142,000 barrels of oil equivalent per day. It plans to allocate most of its 2027 capital to the Oswego play, citing a favorable oil outlook.
