Mach Natural Resources LP (MNR) - Net Assets
Based on the latest financial reports, Mach Natural Resources LP (MNR) has net assets worth $1.96 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.77 Billion) and total liabilities ($1.81 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Mach Natural Resources LP tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.96 Billion |
| % of Total Assets | 52.05% |
| Annual Growth Rate | 13.87% |
| 5-Year Change | 15.56% |
| 10-Year Change | 168.84% |
| Growth Volatility | 36.65 |
Mach Natural Resources LP - Net Assets Trend (2003–2024)
This chart illustrates how Mach Natural Resources LP's net assets have evolved over time, based on quarterly financial data. See MNR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mach Natural Resources LP (2003–2024)
The table below shows the annual net assets of Mach Natural Resources LP from 2003 to 2024. For live valuation and market cap data, see Mach Natural Resources LP (MNR) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.20 Billion | +0.61% |
| 2023-12-31 | $1.19 Billion | +100.89% |
| 2022-12-31 | $593.23 Million | +112.86% |
| 2021-12-31 | $278.70 Million | -73.14% |
| 2020-12-31 | $1.04 Billion | +2.63% |
| 2019-12-31 | $1.01 Billion | +26.71% |
| 2018-12-31 | $797.91 Million | +11.93% |
| 2017-12-31 | $712.87 Million | +19.24% |
| 2016-12-31 | $597.86 Million | +34.05% |
| 2015-12-31 | $446.01 Million | +6.03% |
| 2014-12-31 | $420.63 Million | +25.22% |
| 2013-12-31 | $335.91 Million | +6.41% |
| 2012-12-31 | $315.69 Million | +34.61% |
| 2011-12-31 | $234.51 Million | +10.08% |
| 2010-12-31 | $213.03 Million | +31.91% |
| 2009-12-31 | $161.50 Million | +0.99% |
| 2008-12-31 | $159.91 Million | -4.37% |
| 2007-12-31 | $167.21 Million | +55.45% |
| 2006-12-31 | $107.57 Million | +4.88% |
| 2005-12-31 | $102.56 Million | +10.39% |
| 2004-12-31 | $92.91 Million | +18.64% |
| 2003-12-31 | $78.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mach Natural Resources LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.20 Billion | 100.00% |
| Total Equity | $1.20 Billion | 100.00% |
Mach Natural Resources LP Competitors by Market Cap
The table below lists competitors of Mach Natural Resources LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ODFJELL DRILL.LTD. DL-01
F:OD3
|
$2.10 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
$2.10 Billion |
|
Chambal Fertilizers & Chemicals Limited
NSE:CHAMBLFERT
|
$2.10 Billion |
|
Also Holding AG
SW:ALSN
|
$2.10 Billion |
|
Engie Energia Chile SA
SN:ECL
|
$2.10 Billion |
|
Super Retail Group Ltd
AU:SUL
|
$2.10 Billion |
|
Xiamen Solex High-Tech Industries Co Ltd
SHG:603992
|
$2.10 Billion |
|
Poya International Co Ltd
TWO:5904
|
$2.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mach Natural Resources LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,191,724,000 to 1,199,046,000, a change of 7,322,000 (0.6%).
- Net income of 185,179,000 contributed positively to equity growth.
- Dividend payments of 309,829,000 reduced retained earnings.
- Share repurchases of 1,618,000 reduced equity.
- New share issuances of 128,852,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $185.18 Million | +15.44% |
| Dividends Paid | $309.83 Million | -25.84% |
| Share Repurchases | $1.62 Million | -0.13% |
| Share Issuances | $128.85 Million | +10.75% |
| Other Changes | $4.74 Million | +0.4% |
| Total Change | $- | 0.61% |
Book Value vs Market Value Analysis
This analysis compares Mach Natural Resources LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.54x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $1.46 | $12.45 | x |
| 2004-12-31 | $1.73 | $12.45 | x |
| 2005-12-31 | $1.91 | $12.45 | x |
| 2006-12-31 | $2.00 | $12.45 | x |
| 2007-12-31 | $3.11 | $12.45 | x |
| 2008-12-31 | $2.98 | $12.45 | x |
| 2009-12-31 | $3.01 | $12.45 | x |
| 2010-12-31 | $3.97 | $12.45 | x |
| 2011-12-31 | $4.37 | $12.45 | x |
| 2012-12-31 | $5.88 | $12.45 | x |
| 2013-12-31 | $6.25 | $12.45 | x |
| 2014-12-31 | $7.83 | $12.45 | x |
| 2015-12-31 | $8.30 | $12.45 | x |
| 2016-12-31 | $11.13 | $12.45 | x |
| 2017-12-31 | $13.27 | $12.45 | x |
| 2018-12-31 | $14.85 | $12.45 | x |
| 2019-12-31 | $18.82 | $12.45 | x |
| 2020-12-31 | $19.32 | $12.45 | x |
| 2021-12-31 | $2.93 | $12.45 | x |
| 2022-12-31 | $6.24 | $12.45 | x |
| 2023-12-31 | $12.56 | $12.45 | x |
| 2024-12-31 | $12.27 | $12.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mach Natural Resources LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.10%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.95x
- Recent ROE (15.44%) is above the historical average (12.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.82% | 44.35% | 0.08x | 2.34x | $-1.71 Million |
| 2004 | 8.26% | 42.68% | 0.09x | 2.10x | $-1.62 Million |
| 2005 | 8.82% | 43.23% | 0.10x | 2.12x | $-1.21 Million |
| 2006 | 5.73% | 31.92% | 0.08x | 2.25x | $-4.59 Million |
| 2007 | 6.47% | 49.37% | 0.06x | 2.17x | $-5.90 Million |
| 2008 | 6.89% | 44.89% | 0.06x | 2.41x | $-4.97 Million |
| 2009 | 1.02% | 7.09% | 0.06x | 2.42x | $-14.50 Million |
| 2010 | 5.17% | 33.46% | 0.07x | 2.12x | $-10.30 Million |
| 2011 | 6.57% | 37.05% | 0.09x | 2.03x | $-8.03 Million |
| 2012 | 5.92% | 39.12% | 0.08x | 1.82x | $-12.88 Million |
| 2013 | 6.37% | 38.69% | 0.09x | 1.84x | $-12.20 Million |
| 2014 | 4.72% | 30.13% | 0.09x | 1.77x | $-22.22 Million |
| 2015 | 5.74% | 32.82% | 0.09x | 2.05x | $-19.00 Million |
| 2016 | 5.44% | 34.23% | 0.08x | 2.06x | $-27.29 Million |
| 2017 | 5.65% | 35.47% | 0.08x | 2.02x | $-31.02 Million |
| 2018 | 7.02% | 40.18% | 0.08x | 2.15x | $-23.78 Million |
| 2019 | 2.95% | 18.80% | 0.08x | 1.85x | $-71.30 Million |
| 2020 | -2.13% | -13.19% | 0.09x | 1.87x | $-125.90 Million |
| 2021 | 49.65% | 35.25% | 0.75x | 1.89x | $110.50 Million |
| 2022 | 87.12% | 55.13% | 1.06x | 1.50x | $457.52 Million |
| 2023 | 29.08% | 45.46% | 0.33x | 1.93x | $227.39 Million |
| 2024 | 15.44% | 19.10% | 0.41x | 1.95x | $65.27 Million |
Industry Comparison
This section compares Mach Natural Resources LP's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,116,734,882
- Average return on equity (ROE) among peers: 11.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mach Natural Resources LP (MNR) | $1.96 Billion | 7.82% | 0.92x | $2.10 Billion |
| Amplify Energy Corp (AMPY) | $465.86 Million | 25.10% | 4.31x | $167.17 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $2.67 Billion | 7.52% | 1.06x | $11.68 Billion |
| Antero Resources Corp (AR) | $1.96 Billion | 20.05% | 0.93x | $10.29 Billion |
| Battalion Oil Corp (BATL) | $1.07 Billion | 49.97% | 0.53x | $31.10 Million |
| BKV Corporation (BKV) | $754.94 Million | -18.31% | 1.15x | $2.69 Billion |
| Barnwell Industries Inc (BRN) | $55.31 Million | 6.36% | 1.25x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $827.54 Million | 16.14% | 2.07x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $1.06 Billion | 11.50% | 0.17x | $2.83 Billion |
| Chord Energy Corp (CHRD) | $2.32 Billion | -1.74% | 1.44x | $5.96 Billion |
About Mach Natural Resources LP
Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. It owns a portfolio of midstream assets, as well as owns plants and water infrastructure. The company was incorporated in … Read more