$MNR

Mach Natural Resources LP (MNR) reported Q2 2026 revenue of $406 million and net income of $98 million, or $1.01 per common unit. Adjusted EBITDA was $182 million and operating cash flow $154 million. Production averaged 148.9k boe/d, with oil at 22.7k bpd and gas at 613 MMcf/d. The company declared a $0.36 distribution and projected reducing leverage from 1.4x to 1.0x by end-2027.

Mach Natural Resources reported Q2 adjusted EBITDA of $182 million and operating cash flow of $154 million. Development capex was $97 million, 63% of operating cash flow. The company ended with $41 million cash and $270 million credit-facility availability, and discussed leverage reduction, drilling shifts to oil, and Mancos gas plans. (NYSE:MNR)

MACH NATURAL RESOURCES LP (MNR) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Mach Natural Resources LP Reports Second Quarter 2026 Results; Declares Quarterly Cash Distribution of $0. 36 Per Common Unit; Provides Updated 2026 Outlook OKLAHOMA CITY, Oklahoma, August 6, 2026 — Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) toda

According to industry sources, Mineral Resources, a $11.5 billion Australian mining company, told staff it will not hire for roles that can be performed by AI or by existing employees using AI tools, though the scope is unclear. The report links similar Australian job cuts at WiseTech and Atlassian to AI. It cites federal data showing slower growth in AI-exposed occupations and notes new AI standards announced by PM Albanese.

Mineral Resources (MinRes), led by Chris Ellison, said it will close its Lucky Bay garnet project near Kalbarri from next week, putting the mine into care and maintenance from July 1. MinRes cited higher diesel costs and Middle East conflict affecting sales. The Shire of Northampton said about 110 jobs are at risk. MinRes expects to report a $40 million loss and will assess options, including possible divestment.

Mineral Resources (MinRes) said it will cut 110 jobs after ending the Lucky Bay garnet mine project, which it rescued following the collapse of a mine backed by Chris Ellison and previously run by his younger brother. MinRes reported more than $260 million in losses tied to Lucky Bay, including $222 million booked earlier from former owner Resource Development Group, with $146 million in forgiven loans.

Australia’s S&P/ASX 200 fell Tuesday, down 67.10 points (0.75%) to 8,846.90 after a low of 8,834.00, with weakness in financials and mixed sector performance as traders awaited the RBA rate decision. The All Ordinaries slipped 0.72% to 9,062.70. The RBA is expected to keep its benchmark lending rate at 4.35%. The Aussie dollar traded at $0.707.

Australia’s S&P/ASX 200 fell 1.43% to 8,501.70 on Tuesday, with the All Ordinaries down 1.52% to 8,720.90, extending prior losses. Mining and most sectors led declines; Rio Tinto fell ~3% and Mineral Resources ~4%. Energy was mixed as crude rose. Oil: WTI July up 0.57% to $91.06. Banks and tech also declined.

Australia’s S&P/ASX 200 extended early losses on Thursday, down 113.30 points (1.29%) to 8,672.40, after a stronger close on Wednesday and weaker Wall Street cues. Most sectors fell, led by mining; Rio Tinto fell over 4% and BHP/Fortescue over 3%. Energy was mixed. Tech stocks declined, with Block down over 6%. Treasury Wine Estates rose nearly 10% after an Investor Day update.

Mach Natural Resources announced a strategic shift in its 2026 drilling program towards oil-weighted projects due to weaker natural gas prices and stronger oil prices. The company aims to stabilize production and reduce debt, which rose after recent acquisitions, rather than pursuing aggressive growth through drilling. Mach reported solid first-quarter results with $195 million in adjusted EBITDA and a $0.64 per unit distribution, while prioritizing debt reduction and considering smaller, equity-funded M&A opportunities.