Mach Natural Resources LP launches at-the-market offering of up to $100M in common units

Filed May 22, 2026 · ~2 min read

Key Changes

• high

  MNR is conducting an at-the-market (ATM) offering to sell up to $100 million of common units from time to time at prevailing market prices through a sales agent, rather than a traditional fixed-price underwritten offering.

  The Offering verify on EDGAR →
• high

  At the May 21, 2026 closing price of $14.14 per unit, the full $100M offering would issue approximately 7.1 million units, which management describes as substantial relative to current units outstanding.

  Risk Factors verify on EDGAR →
• medium

  Common units have been volatile in 2026, ranging from an intra-day low of $10.46 on January 9 to an intra-day high of $15.02 on May 19 — a 44% swing that directly affects dilution from the ATM offering.

  Risk Factors verify on EDGAR →