MNR (Mach Natural Resources LP) EBIT: $171 Mil (TTM As of Mar. 2026)

What is Mach Natural Resources LP EBIT?

Mach Natural Resources LP MNR +0.16% 43 EBIT is $171 Mil as of Mar. 2026. GuruFocus rates MNR with a GF Score™ of 43/100 and a GF Value™ of $13.65 (Fairly Valued). The stock has 5 warning signs investors should review.

Mach Natural Resources LP's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $171 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mach Natural Resources LP's annualized ROC % for the quarter that ended in Mar. 2026 was -1.14%. Mach Natural Resources LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mach Natural Resources LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.35%.

Mach Natural Resources LP (NYSE:MNR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Mach Natural Resources LP's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-38.836 * ( 1 - 0% )	/	( (3407.44	+	3407.684)	/ 2 )
=	-38.836	/	3407.562
=	-1.14 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	3777.308	-	351.837	-	( 42.633	-	max(0, 359.921	-	377.952	+	42.633	))
=	3407.44

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	3693.309	-	354.586	-	( 52.689	-	max(0, 411.375	-	342.414	+	52.689	))
=	3407.684

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Mach Natural Resources LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-42.484	/	( ( (3352.863 + max(-17.696, 0))	+	(3319.755 + max(-114.156, 0)) )	/	2 )
=	-42.484	/	( ( 3352.863	+	3319.755 )	/	2 )
=	-42.484	/	3336.309
=	-1.27 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(230.416	+	43.511	+	61.392)	-	(351.837	+	0	+	1.178)
=	-17.696

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(229.27	+	42.458	+	17.997)	-	(354.586	+	0	+	49.295)
=	-114.156

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Mach Natural Resources LP's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	170.802	/	3193.583
	=	5.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mach Natural Resources LP EBIT Related Terms

Mach Natural Resources LP EBIT Historical Data

* Premium members only.

The historical data trend for Mach Natural Resources LP's EBIT can be seen below:

Mach Natural Resources LP EBIT Chart

Mach Natural Resources LP Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

140.03

521.69

357.76

289.78

215.20

Mach Natural Resources LP Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial											33.78	101.80	-18.74	98.36	-10.62

MNR vs NOG, TALO, KOS: EBIT Comparison

For the Oil & Gas E&P subindustry, Mach Natural Resources LP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mach Natural Resources LP EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mach Natural Resources LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mach Natural Resources LP's EV-to-EBIT falls into.

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43GF Score

Mach Natural Resources LP MNR

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Mach Natural Resources LP EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $171 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $171 Mil mean?

Mach Natural Resources LP (MNR) has a EBIT of $171 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mach Natural Resources LP.

Is Mach Natural Resources LP's EBIT too high?

Mach Natural Resources LP's current EBIT is $171 Mil. Overall, Mach Natural Resources LP has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Mach Natural Resources LP's EBIT compare to NOG and TALO?

Mach Natural Resources LP's EBIT of $171 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Oil & Gas company?

A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mach Natural Resources LP. Mach Natural Resources LP's current EBIT is $171 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mach Natural Resources LP stock overvalued right now?

Based on GuruFocus' analysis, Mach Natural Resources LP (MNR) is currently considered Fairly Valued. The stock's GF Value™ is $13.65, compared to a current price of $12.54 — trading 8.1% below its estimated fair value. The current EBIT is $171 Mil. Mach Natural Resources LP's overall GF Score™ is 43/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Mach Natural Resources LP (MNR), the current EBIT is $171 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mach Natural Resources LP (MNR) Overvalued in 2026?

Based on GuruFocus' analysis, Mach Natural Resources LP stock appears to be undervalued. The current stock price of $12.54 is trading 8.1% below its estimated GF Value™ of $13.65. GuruFocus considers Mach Natural Resources LP to be Fairly Valued.

Key valuation signals for MNR:

EBIT: $171 Mil
GF Value™: $13.65 vs. price of $12.54 (8.1% below fair value)
GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the MNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mach Natural Resources LP Business Description

Industry Energy Oil & Gas

Comparable Companies NOG TALO KOS BSM BKV KRP GPOR DMLP TBN HPK HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Address 14201 Wireless Way, Suite 300, Oklahoma, OK, USA, 73134

Website https://www.machresources.com

Mach Natural Resources LP is an independent upstream oil and gas company. The company is focused on the acquisition, development and production of oil, natural gas, and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas and the panhandle of Texas; the San Juan Basin region of New Mexico and Colorado; and the Permian Basin region of West Texas. The company is organized and managed as a single reportable segment, which is the exploration and production of oil, natural gas and NGLs (E&P Segment).

43GF Score

Get the complete analysis for MNR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.54

Price

$13.65

GF Value

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