Mach Natural Resources MNR
NYSE MNR
$12.68 -0.03 (-0.24%)
As of: Sep 9, 2026 · 3:59 PM EDT

Mach Natural Resources (MNR) Operating Expenses (2022 - 2026)

Mach Natural Resources' (MNR) quarterly Operating Expenses came in at $283.5 million in Q2 2026, up 59.96% year-over-year from $177.2 million in Q2 2025, and down 4.11% quarter-over-quarter from $295.6 million in Q1 2026.

Analysis

Mach Natural Resources (MNR) Operating Expenses (2022 - 2026) Analysis & Trends

Mach Natural Resources (MNR) has reported Operating Expenses for 5 consecutive years, with $283.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 59.96% year-over-year to $283.5 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 67.83% increase from a year earlier, with the FY2025 full-year figure at $930.4 million, up 37.1% from the prior year.
  • Operating Expenses was $283.5 million for Q2 2026 at Mach Natural Resources, down from $295.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $295.6 million in Q1 2026 and troughed at $86.8 million in Q2 2023.
  • A 5-year average of $176.6 million and a median of $170.7 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses decreased 24.2% in 2023 and surged 95.33% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $114.1 million in 2022, then grew by 10.42% to $126.0 million in 2023, then soared by 40.05% to $176.4 million in 2024, then jumped by 62.33% to $286.4 million in 2025, then decreased by 1.0% to $283.5 million in 2026.
  • The last three Operating Expenses figures came in at $283.5 million (Q2 2026), $295.6 million (Q1 2026), and $286.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 166.07 Bn 158.38 Bn 12.81 Bn 2.43 Bn
2 Canadian Natural Resources 107.37 Bn 105.48 Bn 8.84 Bn 114.95 Mn
3 Eog Resources 77.26 Bn 72.36 Bn - 5.09 Bn
4 Diamondback Energy 56.93 Bn 56.47 Bn 5.55 Bn 3.05 Bn
5 Devon Energy 45.90 Bn 44.89 Bn 6.02 Bn 5.03 Bn
6 Expand Energy 23.03 Bn 21.76 Bn 2.33 Bn 2.30 Bn
7 Permian Resources 19.81 Bn 19.55 Bn - 929.86 Mn
8 Ovintiv 18.04 Bn 17.15 Bn 2.83 Bn 2.02 Bn
9 Apa 15.80 Bn 15.36 Bn 2.28 Bn 1.12 Bn
10 Mach Natural Resources 2.12 Bn 2.08 Bn 308.23 Mn 283.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 283.49 Mn
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