Third quarter earnings by Oklahoma City’s Mach Natural resources LP will be released next week.
The release will be on Tuesday, Nov. 12 after the closing of trading on the New York Stock Exchange. The earnings release for the third-quarter 2024 results will be available on the Company’s website at https://ir.machnr.com.
The Company will host a conference call to discuss its third quarter 2024 financial and operating results at 8:00 a.m. Central on Wednesday, November 13, 2024.
Mach reported total revenue and net income of $240 million and $40 million in the second quarter of 2024, respectively. Additionally, during the second quarter, the average realized price was $79.27 per barrel of oil, $1.33 per Mcf of natural gas, and $23.83 per barrel of natural gas liquids.
At the end of the second quarter, Mach had a cash balance of $145 million and a pro forma net-debt-to-Adjusted-EBITDA ratio of 0.9x.
