Mach Natural Resources (MNR) Operating Income (2022 - 2026)
Mach Natural Resources' Operating Income came in at $122.47 million for Q2 2026, up 10.0% from $111.3 million a year earlier.
Mach Natural Resources (MNR) Operating Income (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mach Natural Resources reported Operating Income of $194.74 million, down 38.4% year-over-year; for FY2025, it came in at $244.95 million, down 15.8% from FY2024.
- Operating Income has declined in each of the last three years, though with a four-year compound annual growth rate of 12.0% (FY2021 to FY2025).
- Going back by year, Operating Income was $290.99 million in FY2024 (-19.0%), $359.14 million in FY2023 (-31.2%), $522.38 million in FY2022 (+236.1%) and $155.41 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Operating Income since Q4 2022.
- Year-over-year, Operating Income increased in four of the last six quarters, with growth averaging 14.7%.
- The fastest year-over-year change in Operating Income over five years came in Q4 2025 (growth of 72.9%), and the weakest in Q3 2023 (a decline of 52.1%).
- Business Quant data shows MNR's Operating Income at -$9.71 million (Q1 2026), $101.18 million (Q4 2025) and -$19.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 26.95 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 1.37 Bn |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 5.33 Bn |
| 10 | Mach Natural Resources | 1.70 Bn | 1.51 Bn | 347.63 Mn | 122.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 122.47 Mn |
| Mar 31, 2026 | -9.71 Mn |
| Dec 31, 2025 | 101.18 Mn |
| Sep 30, 2025 | -19.20 Mn |
| Jun 30, 2025 | 111.30 Mn |
| Mar 31, 2025 | 51.67 Mn |
| Dec 31, 2024 | 58.53 Mn |
| Sep 30, 2024 | 94.73 Mn |
| Jun 30, 2024 | 70.48 Mn |
| Mar 31, 2024 | 67.24 Mn |
| Dec 31, 2023 | 101.86 Mn |
| Sep 30, 2023 | 83.74 Mn |
| Jun 30, 2023 | 80.14 Mn |
| Mar 31, 2023 | 93.40 Mn |
| Dec 31, 2022 | 124.16 Mn |
| Sep 30, 2022 | 174.84 Mn |
Mach Natural Resources Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=MNR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "MNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=MNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();