04:57 PM EDT, 03/12/2026 (MT Newswires) -- Mach Natural Resources ( MNR ) reported Q4 revenue late Thursday of $388 million, up from $235 million a year earlier.

Analysts polled by FactSet expected $357.7 million.

The company's proved reserves as of Dec. 31 were 705 million barrels of oil equivalent, up from 337 MMBoe a year earlier.

Net production in Q4 was 154 thousand barrels of oil equivalent per day, up from 86.7 Mboe/d a year earlier.

For the full year 2026, the company plans to invest $315 million to $360 million for development purposes. It also expects total net production of 150 MBoe/d to 157 MBoe/d for the year.