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Mach Natural Resources LP (MNR) Reports Q2 Earnings: What Key Metrics Have to Say
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Mach Natural Resources LP (MNR - Free Report) reported $405.96 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 40.7%. EPS of $0.38 for the same period compares to $0.76 a year ago.
The reported revenue represents a surprise of +9.93% over the Zacks Consensus Estimate of $369.3 million. With the consensus EPS estimate being $0.34, the EPS surprise was +11.77%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Mach Natural Resources LP performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Production Volumes - Average daily total volumes: 148.89 millions of barrels of oil equivalent per day versus 153.46 millions of barrels of oil equivalent per day estimated by four analysts on average.
Average Sales Price - NGL: $/28.99 versus $/30.61 estimated by three analysts on average.
Average Sales Price - Oil: $/95.4 versus the three-analyst average estimate of $/89.75.
Average Sales Price - Natural gas: $1.93 per thousand cubic feet compared to the $1.88 per thousand cubic feet average estimate based on three analysts.
Revenues- Oil: $196.99 million compared to the $182 million average estimate based on two analysts.
Revenues- Natural gas liquids: $61.55 million versus the two-analyst average estimate of $60 million.
Revenues- Total oil, natural gas, and NGL sales: $366.85 million versus $374.1 million estimated by two analysts on average.
Revenues- Natural gas: $108.31 million versus $111.5 million estimated by two analysts on average.
Shares of Mach Natural Resources LP have returned +2.4% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Mach Natural Resources LP (MNR) Reports Q2 Earnings: What Key Metrics Have to Say
Mach Natural Resources LP (MNR - Free Report) reported $405.96 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 40.7%. EPS of $0.38 for the same period compares to $0.76 a year ago.
The reported revenue represents a surprise of +9.93% over the Zacks Consensus Estimate of $369.3 million. With the consensus EPS estimate being $0.34, the EPS surprise was +11.77%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Mach Natural Resources LP performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Mach Natural Resources LP here>>>
Shares of Mach Natural Resources LP have returned +2.4% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.