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Mach Natural Resources LP (Mach Natural Resources LP) Operating Margin % : 44.71% (As of Dec. 2023)


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What is Mach Natural Resources LP Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Mach Natural Resources LP's Operating Income for the three months ended in Dec. 2023 was $101.9 Mil. Mach Natural Resources LP's Revenue for the three months ended in Dec. 2023 was $227.8 Mil. Therefore, Mach Natural Resources LP's Operating Margin % for the quarter that ended in Dec. 2023 was 44.71%.

The historical rank and industry rank for Mach Natural Resources LP's Operating Margin % or its related term are showing as below:

MNR' s Operating Margin % Range Over the Past 10 Years
Min: 39.59   Med: 47.11   Max: 55.73
Current: 46.03


MNR's Operating Margin % is ranked better than
91.72% of 978 companies
in the Oil & Gas industry
Industry Median: 7.85 vs MNR: 46.03

Mach Natural Resources LP's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Mach Natural Resources LP's Operating Income for the three months ended in Dec. 2023 was $101.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $185.6 Mil.


Mach Natural Resources LP Operating Margin % Historical Data

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

* 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.

* Premium members only.

Mach Natural Resources LP Operating Margin % Chart

Mach Natural Resources LP Annual Data
Trend Dec21 Dec22 Dec23
Operating Margin %
39.59 55.73 47.11

Mach Natural Resources LP Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial 59.12 52.12 - 47.75 44.71

Competitive Comparison of Mach Natural Resources LP's Operating Margin %

For the Oil & Gas E&P subindustry, Mach Natural Resources LP's Operating Margin %, along with its competitors' market caps and Operating Margin % 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's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mach Natural Resources LP's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mach Natural Resources LP's Operating Margin % falls into.



Mach Natural Resources LP Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Mach Natural Resources LP's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=359.144 / 762.309
=47.11 %

Mach Natural Resources LP's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=101.863 / 227.826
=44.71 %

* 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  (NYSE:MNR) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Mach Natural Resources LP Operating Margin % Related Terms

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Mach Natural Resources LP (Mach Natural Resources LP) Business Description

Traded in Other Exchanges
N/A
Address
14201 Wireless Way, Suite 300, Oklahoma, OK, USA, 73134
Mach Natural Resources LP is an independent upstream oil and gas company engaged in 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.
Executives
Frank A Keating director, other: See Remarks 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Giesinger Edgar R. Jr. director, other: See Remarks 1915 SANDGATE FALLS, HOUSTON TX 77062
Tom L. Ward director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Kevin R. White officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
William Wallace Mcmullen director, 10 percent owner, other: See Remarks 1201 LOUISIANA STREET, SUITE 3308, HOUSTON TX 77002
Bayou City Energy Management Llc 10 percent owner 1201 LOUISIANA STREET, SUITE 3308, HOUSTON TX 77002
Reineke Daniel T Jr. officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Michael E Reel officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Stephen C Perich director, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Bce-mach Aggregator Llc 10 percent owner 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134