Mach Natural Resources Past Earnings Performance
Past criteria checks 1/6
Mach Natural Resources's earnings have been declining at an average annual rate of -96.2%, while the Oil and Gas industry saw earnings growing at 38% annually. Revenues have been declining at an average rate of 19.5% per year. Mach Natural Resources's return on equity is 25.9%, and it has net margins of 2.6%.
Key information
-96.2%
Earnings growth rate
n/a
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | -19.5% |
| Return on equity | 25.9% |
| Net Margin | 2.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Mach Natural Resources makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 720 | 19 | 33 | 0 |
| 31 Dec 23 | 673 | 69 | 28 | 0 |
| 30 Sep 23 | 721 | 375 | 21 | 0 |
| 30 Jun 23 | 831 | 464 | 22 | 0 |
| 31 Mar 23 | 894 | 490 | 24 | 0 |
| 31 Dec 22 | 957 | 517 | 25 | 0 |
| 31 Dec 21 | 439 | 138 | 61 | 0 |
Quality Earnings: MNR has a high level of non-cash earnings.
Growing Profit Margin: MNR's current net profit margins (2.6%) are lower than last year (54.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MNR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MNR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MNR had negative earnings growth (-96.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-36.7%).
Return on Equity
High ROE: MNR's Return on Equity (25.9%) is considered high.