MACH NATURAL RESOURCES LP
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
MNR$9.19+2.1%Stored close · as of Nov 9, 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)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net income | $148,662 | $252,988 |
| Adjustments to reconcile net income to cash provided by operating activities | ||
| Depreciation, depletion, amortization and accretion | 201,108 | 93,923 |
| Loss (gain) on derivative instruments | 219 | (10,842) |
| Cash receipts (payments) on settlement of derivative contracts, net | 4,287 | 5,207 |
| Debt issuance costs amortization | 5,521 | 232 |
| Equity based compensation | 4,749 | 1,941 |
| Credit losses | 1,890 | — |
| (Gain) loss on sale of assets | (349) | (1) |
| Settlement of asset retirement obligations | (676) | (445) |
| Changes in operating assets and liabilities (decreasing) increasing cash: | ||
| Accounts receivable | (7,188) | 28,549 |
| Revenue payable | 10,689 | 6,394 |
| Accounts payable and accrued liabilities | (192) | (2,764) |
| Other | 2,911 | 6,785 |
| Net cash provided by operating activities | 371,631 | 381,967 |
| Cash flows from investing activities | ||
| Capital expenditures for oil and natural gas properties | (162,432) | (251,538) |
| Capital expenditures for other property and equipment | (9,187) | (9,083) |
| Acquisition of assets | (47,192) | (20,613) |
| Proceeds from sales of oil and natural gas properties | 38,975 | 3,305 |
| Proceeds from sales of other property and equipment | 561 | 36 |
| Net cash used in investing activities | (179,275) | (277,893) |
| Cash flows from financing activities | ||
| Proceeds from public offering, net of offering costs | 129,812 | — |
| Repayments of borrowings on term note | (41,250) | — |
| Proceeds from borrowings on credit facility | — | 7,000 |
| Distributions to unitholders | (247,153) | — |
| Distributions to members | — | (101,350) |
| Contributions from members | — | 20,000 |
| Withholding taxes paid on vesting of phantom units | (570) | — |
| Payment of other financing fees | (1,454) | (404) |
| Net cash used in financing activities | (160,615) | (74,754) |
| Net increase in cash and cash equivalents | 31,741 | 29,320 |
| Cash and cash equivalents, beginning of period | 152,792 | 29,417 |
| Cash and cash equivalents, end of period | $184,533 | $58,737 |
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