MACH NATURAL RESOURCES LP
For the period ended Mar 31, 2024. Filed May 13, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 13, 2024
MNR$9.12-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net income | $41,702 | $91,694 |
| Adjustments to reconcile net income to cash provided by operating activities | ||
| Depreciation, depletion, amortization and accretion | 67,470 | 30,924 |
| Loss (gain) on derivative instruments | 29,268 | (13,054) |
| Cash receipts (payments) on settlement of derivative contracts, net | 6,557 | 2,703 |
| Debt issuance costs amortization | 1,268 | 122 |
| Equity based compensation | 1,182 | 647 |
| Credit losses | 454 | — |
| (Gain) loss on sale of assets | (11) | (1) |
| Settlement of asset retirement obligations | (28) | (71) |
| Changes in operating assets and liabilities (decreasing) increasing cash: | ||
| Accounts receivable | (32,758) | 45,240 |
| Revenue payable | 33,359 | (2,449) |
| Accounts payable and accrued liabilities | (5,014) | (8,189) |
| Other | 504 | (417) |
| Net cash provided by operating activities | 143,953 | 147,149 |
| Cash flows from investing activities | ||
| Capital expenditures for oil and natural gas properties | (49,879) | (79,868) |
| Capital expenditures for other property and equipment | (4,277) | (2,623) |
| Acquisition of assets | (1,151) | (1,506) |
| Proceeds from sales of oil and natural gas properties | 447 | — |
| Proceeds from sales of other property and equipment | 140 | 36 |
| Net cash used in investing activities | (54,720) | (83,961) |
| Cash flows from financing activities | ||
| Distributions to unitholders | (90,250) | — |
| Distributions to members | — | (59,000) |
| Payment of other financing fees | (475) | (404) |
| Net cash used in financing activities | (90,725) | (59,404) |
| Net increase (decrease) in cash and cash equivalents | (1,492) | 3,784 |
| Cash and cash equivalents, beginning of period | 152,792 | 29,417 |
| Cash and cash equivalents, end of period | $151,300 | $33,201 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.