Welcome to our dedicated page for Mach Natural Resources SEC filings (Ticker: MNR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Mach Natural Resources LP (NYSE: MNR) SEC filings page provides access to the partnership’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As an independent upstream oil and gas company and an emerging growth company, Mach uses these filings to report material events, financial results, acquisitions, financing arrangements and governance changes related to its operations in the Anadarko, Permian and San Juan Basins.
Investors can review current reports on Form 8-K in which Mach describes quarterly financial and operating results, including total net production, product mix, realized prices, lease operating expense, gathering and processing expense, development costs and distribution declarations. Other 8-K filings detail material definitive agreements such as purchase and sale agreements for oil and gas assets, membership interest purchase agreements, amendments to its reserve-based revolving credit facility and the establishment of term loan commitments.
Filings also cover the completion of acquisitions of oil and gas properties and related entities, the issuance of common units as transaction consideration, and the terms of registration rights agreements with sellers. Additional disclosures address public offerings of common units, changes to borrowing bases and leverage metrics, and the use of proceeds to refinance or repay debt.
Governance-related 8-K items report on the appointment and resignation of directors of the general partner’s board, committee assignments, indemnification agreements and director compensation, including grants of phantom units. Mach’s filings further explain its use of non-GAAP measures such as Adjusted EBITDA and PV-10, with reconciliations to GAAP measures and descriptions of how these metrics are used by management and external stakeholders.
On Stock Titan, AI-powered tools can help summarize lengthy Mach Natural Resources LP filings, highlight key terms in acquisition and credit agreements, and surface information on distributions, leverage and production metrics, allowing users to navigate MNR’s regulatory history more efficiently.
Mach Natural Resources reported solid fourth-quarter and full-year 2025 results and a major increase in reserves. In Q4 2025, the company generated total revenue of $388 million and net income of $73 million. For full-year 2025, revenue was $1.2 billion with net income of $143 million.
Average Q4 production was 154 Mboe/d, mostly natural gas, with lease operating expense of $7.50 per Boe and gathering and processing costs of $3.22 per Boe. Adjusted EBITDA reached $186.9 million for Q4 and $593.3 million for the year.
Total proved reserves grew 109% to 705 MMBoe at December 31, 2025, with a PV-10 of $3.1 billion. The partnership maintained distributions, paying a quarterly cash distribution of $0.53 per common unit for Q4 2025, and plans 2026 development capital of $315–$360 million with forecast production of 150–157 MBoe/d while targeting a reinvestment rate of no more than 50% of operating cash flow.
Mach Natural Resources LP is an upstream oil and gas partnership focused on the Anadarko, San Juan and Permian basins, with integrated midstream assets such as six processing plants and extensive gas and water gathering systems. The business emphasizes acquiring mature, low-decline assets to generate cash available for distribution.
For the year ended December 31, 2025, net production was 37,731 MBoe, or 103.37 MBoe per day, and oil, natural gas and NGL sales totaled $1,037.7 million, contributing to total revenues of $1,175.4 million. Proved reserves reached 704,732 MBoe with a PV-10 of $3,088 million, up sharply from 337,250 MBoe and $1,890 million a year earlier, driven largely by acquisitions of approximately $1.3 billion. Development capital spending in 2025 was about $251.9 million, and the 2026 development budget is set between $315.0 million and $360.0 million, focused on Mississippian and Mancos drilling. The partnership also recorded a $90.4 million impairment of oil and gas properties and outlines significant future development of 160,340 MBoe of proved undeveloped reserves with planned capital of $1,084.6 million through 2030.
Mach Natural Resources executive Kevin R. White reported equity compensation activity involving the company’s common units. On February 9, 2026, he acquired 11,886 common units as a grant under the 2023 Long-Term Incentive Plan. On February 11, 2026, 5,627 units were disposed of through a tax-withholding transaction to cover tax obligations from the grant. After these transactions, he directly beneficially owned 455,871 common units.
Mach Natural Resources executive Michael E. Reel reported equity compensation and related tax withholding transactions in common units. On 02/09/2026, he acquired 5,151 common units at $12.62 per unit as a grant under the 2023 Long-Term Incentive Plan. On 02/11/2026, 2,532 units were disposed of through a tax-withholding transaction at $12.62 per unit to cover withholding obligations tied to the grant. Following these transactions, he directly holds 85,816 common units.
Mach Natural Resources reported an insider ownership adjustment tied to its purchase and sale agreement with Sabinal Energy Operating, LLC. On February 9, 2026, Sabinal agreed to deliver 227,547 Common Units back to Mach as a final purchase price adjustment under the PSA.
After this transfer, Sabinal, a portfolio company of a fund managed by Kayne Anderson Capital Advisors, L.P., is shown as indirectly holding 18,960,034 Common Units of Mach Natural Resources.
Mach Natural Resources LP reported that a director received a grant of 13,587 common units on 01/01/2026 at a price of $11.04 per unit. Following this transaction, the director beneficially owns 13,587 units in a direct ownership capacity.
The filing explains that these reported securities are phantom units, with each phantom unit representing a contingent right to receive one common unit of Mach Natural Resources LP upon vesting. The phantom units will vest on the first anniversary of the grant date, provided the director continues in service through that date. The director serves on the board of Mach Natural Resources GP LLC, the general partner that manages the issuer.
Mach Natural Resources LP filed an initial insider ownership report for a reporting person who serves as a director of Mach Natural Resources GP LLC, the general partner that manages the issuer. The remarks state that the issuer is managed by the directors and executive officers of the general partner, and that no securities are beneficially owned. The Form 3 is signed by an attorney‑in‑fact under a power of attorney on behalf of the reporting person.
Mach Natural Resources LP reported changes to its board of directors. On December 15, 2025, Francis A. Keating II resigned, effective immediately, from the board of Mach Natural Resources GP LLC, the general partner of the partnership, and from the Audit Committee and Conflicts Committee. His resignation was stated as not being due to any disagreement with management or the board regarding the partnership’s operations, policies or practices.
Effective the same day, Christopher J. Burn was appointed to the board and to the Audit Committee and Conflicts Committee. Burn has recent experience as a consultant at Goshen Investments, and previously served as Chief Investment Officer of The Diana Davis Spencer Foundation and as Global Head of Macro Research at Archegos Capital Management LLC. He was determined to be an independent director under New York Stock Exchange listing standards. Under the non‑employee director compensation program, he was granted phantom units equal to $150,000, to be issued on January 1, 2026 and vest in full on January 1, 2027, subject to his continued service.
Mach Natural Resources LP filed an 8-K to provide additional financial details related to its previously completed Permian Basin acquisition. The partnership had acquired certain oil and gas properties and related assets in the Permian Basin, as well as all membership interests in SIMCOE LLC and Simlog LLC, from multiple sellers on September 16, 2025. This filing supplies unaudited pro forma condensed combined statements of operations for the nine months ended September 30, 2025 as Exhibit 99.1, prepared in connection with the company’s Registration Statement on Form S-3. The pro forma information is intended to show how the combined business might have looked over that period, had the acquisitions been in place throughout.
Mach Natural Resources LP reported insider purchases by major unitholders affiliated with Bayou City Energy. On 12/08/2025, BCE-Mach Aggregator LLC bought 12,500 common units at a weighted average price of $12.53. On 12/09/2025, it bought an additional 17,500 common units at a weighted average price of $12.32, for a total of 30,000 units acquired over two days. After these transactions, the filing shows 74,850,632 common units beneficially owned indirectly. The units are held primarily by BCE-Mach Aggregator LLC and a smaller amount by Bayou City Energy Management LLC, which indirectly manages the aggregator. Managing Partner William W. McMullen may be deemed to share beneficial ownership but disclaims ownership beyond his pecuniary interest.