Q3 Results Release for Mach
Third quarter financial results for Mach Natural Resources will be released this week.
However, the Oklahoma City company plans to make the results known on Thursday, November 6 after the close of trading on the New York Stock Exchange. Therefore, traders will digest the data after market close and react the next day with fresh positioning. Also, results will shape investor forward expectations because Oklahoma Energy earnings season always drives sentiment in shale cycles.
They will also be available on the company’s website. Additionally, digital access ensures broad investor reach and regulatory visibility.
Conference Call and Market Positioning
The Company will host a conference call to discuss its financial and operating results at 9:00 a.m. Central (10:00 a.m. Eastern) on Friday, November 7, 2025. Meanwhile, institutional analysts increasingly view these calls as forward demand signal checks.
Prior Quarter Reference Metrics for Mach
Mach‘s second quarter report showed total revenue and net income of $289 million and $90 million in the second quarter of 2025, respectively. However, those results benchmark the baseline trend before Q3 expansion detail arrives. Additionally, during the second quarter, the average realized price was $63.10 per barrel of oil, $2.81 per Mcf of natural gas, and $22.41 per barrel of natural gas liquids.
The Company spud 9 gross (8 net) operated wells and brought online 11 gross (9 net) operated wells in the second quarter of 2025. Also, those spud to online conversion cycles matter for capital efficiency modeling. As of June 30, 2025, the Company had 3 gross (2.7 net) operated wells in various stages of drilling and completion.
During the second quarter, the company also finalized two transactions totaling $1.3 billion adding to its portfolio in the Permian Basin and San Juan Basin. Therefore, scale diversification aligns with long-cycle uplift strategies in resource windows.
The quarter was strong enough that Tom L. Ward, Chief Executive Officer said the results reflected “continued strong execution of our 2025 plan.”
CEO Commentary and Unit Capital Deployment Strategy
“Our second quarter results reflect continued strong execution of our 2025 plan,” said Tom L. Ward, Chief Executive Officer of Mach. “A steady adherence to the four pillars of our disciplined business model allows us to announce a distribution of $0.38 per common unit for the period. Just last month, we took an important step in expanding our operational scale and diversifying our asset base with the announcement of two transformative acquisitions. We believe these transactions lay the groundwork for sustainable long-term growth and underscore our commitment to maximizing unitholder value.”
Price Realizations and Liquidity Stack for Mach
Mach reported total revenue and net income of $289 million and $90 million in the second quarter of 2025, respectively. Additionally, during the second quarter, the average realized price was $63.10 per barrel of oil, $2.81 per Mcf of natural gas, and $22.41 per barrel of natural gas liquids (“NGLs”). Also, these prices exclude the effects of derivatives.
As of June 30, 2025, Mach had a cash balance of $14 million, remaining availability under the Revolving Credit Facility of $180 million, and a pro forma net-debt-to-Adjusted-EBITDA ratio of 0.9x. Finally, that leverage bandwidth gives optionality for incremental acquisition layering.
Second Quarter 2025 Operational Results for Mach
During the second quarter of 2025, Mach achieved average oil equivalent production of 83.6 Mboe/d, which consisted of 23% oil, 53% natural gas and 24% NGLs. However, that volume mix shows gas-weighted economics lift when basin spreads tighten. Also, for the second quarter of 2025, Mach’s production revenues from oil, natural gas, and natural gas liquids sales totaled $219 million, comprised of 51% oil, 31% natural gas, and 18% NGLs.
The Company spud 9 gross (8 net) operated wells and brought online 11 gross (9 net) operated wells in the second quarter of 2025. Additionally, capital cadence aligns with execution certainty. As of June 30, 2025, the Company had 3 gross (2.7 net) operated wells in various stages of drilling and completion. Finally, continued operational velocity strengthens cash conversion outlook entering Q3.