Filing Flows › Mach Natural Resources LP (MNR) › Q3 2026
Mach Natural Resources LP (MNR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Mach Natural Resources LP (MNR) reported revenue of $319M for the third quarter 2026 (Q3 2026), +17% from a year earlier and -21% from the quarter before. Operating margin was 11.5%, net earnings $10.2M (3.2% of revenue).
Mach Natural Resources LP, Q3 2026: revenue $319M (+17% year over year), operating margin 11.5%, net earnings $10.2M, operating cash flow $135M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $319M | -21% | +17% |
| Operating profit | $36.6M | -70% | — |
| Net earnings | $10.2M | -90% | — |
| Operating cash flow | $135M | -12% | +28% |
| Free cash flow | $30.6M | -52% | — |
What changed
Revenue was $319.2M in Q3 2026, up 17% year over year and down 21% from the previous quarter.
Operating profit was $36.6M, a 11.5% margin (up 18.5 points year over year). Total costs fell 3% while revenue rose 17%. Net earnings were $10.2M. The effective tax rate was 0.0%.
Operating cash flow was $134.9M (up 28% year over year), 1317% of net earnings. Non-cash charges added back $97.4M of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items added $23.8M. Capital expenditures of $104.3M left free cash flow of $30.6M.
Questions
What was Mach Natural Resources LP's revenue in the third quarter 2026?
Mach Natural Resources LP (MNR) reported revenue of $319M for the third quarter 2026 (Q3 2026), +17% from a year earlier and -21% from the quarter before.
Was Mach Natural Resources LP profitable in the third quarter 2026?
Operating profit was $36.6M (11.5% of revenue) and net earnings $10.2M.