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Mach Natural Resources Reports Strong Q3 2024 Performance
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Mach Natural Resources Reports Strong Q3 2024 Performance

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Mach Natural Resources LP ( (MNR) ) has provided an announcement.

Mach Natural Resources LP reported strong third quarter 2024 results, including a net income of $67 million and an adjusted EBITDA of $134 million, while declaring a $0.60 per unit cash distribution. The company achieved an average production of 81.8 Mboe/d and maintained a low lease operating expense. A successful public offering raised $129 million to fund acquisitions, highlighting Mach’s strategic focus on growth and maintaining financial stability.

See more data about MNR stock on TipRanks’ Stock Analysis page.

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