Filing Flows › Mach Natural Resources LP (MNR) › Q1 2025
Mach Natural Resources LP (MNR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Mach Natural Resources LP (MNR) reported revenue of $227M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -3% from the quarter before. Operating margin was 22.8%, net earnings $15.9M (7.0% of revenue).
Mach Natural Resources LP, Q1 2025: revenue $227M (-5% year over year), operating margin 22.8%, net earnings $15.9M, operating cash flow $143M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $227M | -3% | -5% |
| Operating profit | $51.7M | -12% | -23% |
| Net earnings | $15.9M | -56% | -62% |
| Operating cash flow | $143M | +7% | -1% |
| Free cash flow | $92.2M | +6% | -2% |
What changed
Revenue was $226.8M in Q1 2025, down 5% year over year and down 3% from the previous quarter.
Operating profit was $51.7M, a 22.8% margin (down 5.3 points year over year). Total costs grew 2% against a revenue fall of 5%. Net earnings were $15.9M, down 62% year over year. The effective tax rate was 0.0%.
Operating cash flow was $142.5M (down 1% year over year), 897% of net earnings. Non-cash charges added back $63.6M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $60.9M. Capital expenditures of $50.3M left free cash flow of $92.2M.
Questions
What was Mach Natural Resources LP's revenue in the first quarter 2025?
Mach Natural Resources LP (MNR) reported revenue of $227M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -3% from the quarter before.
Was Mach Natural Resources LP profitable in the first quarter 2025?
Operating profit was $51.7M (22.8% of revenue) and net earnings $15.9M.