Mach Natural Resources (MNR) Operating Expenses (2022 - 2026)
Mach Natural Resources' (MNR) quarterly Operating Expenses came in at $295.6 million in Q1 2026, up 68.84% year-on-year from $175.1 million in Q1 2025, and up 3.24% on a QoQ basis from $286.4 million in Q4 2025.
Mach Natural Resources (MNR) Operating Expenses (2022 - 2026) Analysis & Trends
Mach Natural Resources (MNR) has 5 years of Operating Expenses data on file, last reported at $295.6 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 68.84% year-over-year to $295.6 million in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 54.14% increase from a year earlier, with the FY2025 full-year figure at $930.4 million, up 37.1% from the prior year.
- Operating Expenses for Q1 2026 stood at $295.6 million, up from $286.4 million in the prior quarter.
- Over the last five years, Operating Expenses for MNR reached as high as $295.6 million in Q1 2026 and fell as low as $86.8 million in Q2 2023.
- Historically, Operating Expenses has averaged $169.5 million across 5 years, with a median of $169.5 million in 2024.
- Across the five-year window, Operating Expenses retreated 24.2% in 2023 and jumped 95.33% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $114.1 million in 2022, then advanced by 10.42% to $126.0 million in 2023, then jumped by 40.05% to $176.4 million in 2024, then surged by 62.33% to $286.4 million in 2025, then increased by 3.24% to $295.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $295.6 million in Q1 2026, $286.4 million in Q4 2025, and $291.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Mach Natural Resources | 2.25 Bn | 2.19 Bn | 184.99 Mn | 295.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 295.63 Mn |
| Dec 31, 2025 | 286.36 Mn |
| Sep 30, 2025 | 291.76 Mn |
| Jun 30, 2025 | 177.22 Mn |
| Mar 31, 2025 | 175.10 Mn |
| Dec 31, 2024 | 176.41 Mn |
| Sep 30, 2024 | 160.80 Mn |
| Jun 30, 2024 | 169.51 Mn |
| Mar 31, 2024 | 171.91 Mn |
| Dec 31, 2023 | 125.96 Mn |
| Sep 30, 2023 | 91.65 Mn |
| Jun 30, 2023 | 86.78 Mn |
| Mar 31, 2023 | 98.78 Mn |
| Dec 31, 2022 | 114.08 Mn |
| Sep 30, 2022 | 120.91 Mn |