Mach Natural Resources LP Files 8-K for Material Agreement
Ticker: MNR · Form: 8-K · Filed: Feb 7, 2025 · CIK: 1980088
| Field | Detail |
|---|---|
| Company | Mach Natural Resources LP (MNR) |
| Form Type | 8-K |
| Filed Date | Feb 7, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $15.50, $192.5 million, $23.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-k
TL;DR
MACH just signed a big deal, filing an 8-K. Details TBD.
AI Summary
On February 6, 2025, Mach Natural Resources LP entered into a material definitive agreement. The filing does not provide specific details on the agreement's nature or involved parties, but it is classified under Item Information for Material Definitive Agreements and Financial Statements and Exhibits.
Why It Matters
This 8-K filing indicates a significant new agreement for Mach Natural Resources LP, which could impact its operations, financial standing, or strategic direction.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, but the lack of specific details about the agreement's terms and implications introduces uncertainty.
Key Players & Entities
- Mach Natural Resources LP (company) — Registrant
- February 6, 2025 (date) — Date of earliest event reported
- 14201 Wireless Way, Suite 300, Oklahoma City, Oklahoma 73134 (address) — Principal executive offices
- (405) 252-8100 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement entered into by Mach Natural Resources LP?
The filing does not specify the nature of the material definitive agreement, only that one was entered into on February 6, 2025.
What are the key terms or financial implications of this agreement?
The filing does not provide any details regarding the key terms or financial implications of the agreement.
Who are the other parties involved in this material definitive agreement?
The filing does not disclose the names of any other parties involved in the agreement.
When was the material definitive agreement officially entered into?
The material definitive agreement was entered into on February 6, 2025.
What specific item information is associated with this 8-K filing?
This 8-K filing is associated with Item Information for Entry into a Material Definitive Agreement and Financial Statements and Exhibits.
Filing Stats: 1,124 words · 4 min read · ~4 pages · Grade level 12.4 · Accepted 2025-02-07 16:05:38
Key Financial Figures
- $15.50 — sts in the Company ("Common Units"), at $15.50 per Common Unit pursuant to a Registrat
- $192.5 million — ses) from the Offering of approximately $192.5 million. As described in the Prospectus, the Co
- $23.0 million — fering to pay in full the approximately $23.0 million of borrowings outstanding under its sup
Filing Documents
- ea0230210-8k_machnat.htm (8-K) — 33KB
- ea023021001ex1-1_machnat.htm (EX-1.1) — 240KB
- ea023021001ex5-1_machnat.htm (EX-5.1) — 14KB
- ea023021001ex8-1_machnat.htm (EX-8.1) — 12KB
- ex5-1_001.jpg (GRAPHIC) — 8KB
- ex8-1_001.jpg (GRAPHIC) — 8KB
- ex8-1_002.jpg (GRAPHIC) — 5KB
- 0001213900-25-011311.txt ( ) — 570KB
- mnr-20250206.xsd (EX-101.SCH) — 3KB
- mnr-20250206_lab.xml (EX-101.LAB) — 33KB
- mnr-20250206_pre.xml (EX-101.PRE) — 22KB
- ea0230210-8k_machnat_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On February 7, 2025, Mach Natural Resources LP, a Delaware limited partnership (the "Company," "we" or "our"), completed its public offering (the "Offering") of 12,903,226 common units representing limited partner interests in the Company ("Common Units"), at $15.50 per Common Unit pursuant to a Registration Statement on Form S-3 (File No. 333-283511) (the "Registration Statement"), initially filed by the Company with the Securities and Exchange Commission (the "Commission") pursuant to the Securities Act of 1933, as amended (the "Securities Act"), on November 27, 2024 and declared effective by the Commission on December 9, 2024. The material provisions of the Offering are described in the base prospectus, dated December 9, 2024, which forms part of and is included in the Registration Statement (the "Base Prospectus"), as supplemented by the final prospectus supplement, dated February 6, 2025, pursuant to Rule 424(b) under the Securities Act (the "Prospectus"). On February 6, 2025, the Company entered into an Underwriting Agreement (the "Underwriting Agreement") by and among the Company, Mach Natural Resources GP LLC, a Delaware limited liability company, and Stifel, Nicolaus & Company, Incorporated, Raymond James & Associates, Inc., TCBI Securities, Inc., doing business as Texas Capital Securities, and Truist Securities, Inc., as representatives of the several underwriters named therein (the "Underwriters"), providing for the offer and sale by the Company, and purchase by the Underwriters, of the Common Units. Pursuant to the Underwriting Agreement, the Company also granted the Underwriters an option for a period of 30 days to purchase up to an additional 1,935,483 Common Units on the same terms. In connection with the Offering, Bayou City Energy Management LLC ("BCE"), an affiliate of our general partner, purchased 5,161,290 Common Units in the Offering at the public offering price. In connection therewith,
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1* Underwriting Agreement, dated February 6, 2025, by and among Mach Natural Resources LP, Mach Natural Resources GP LLC, and Stifel, Nicolaus & Company, Incorporated, Raymond James & Associates, Inc., TCBI Securities, Inc., doing business as Texas Capital Securities, and Truist Securities, Inc., as representatives of the several underwriters named therein. 5.1* Opinion of Kirkland & Ellis LLP. 8.1* Opinion of Kirkland & Ellis LLP relating to tax matters. 23.1* Consent of Kirkland & Ellis LLP (included in Exhibit 5.1) . 23.2* Consent of Kirkland & Ellis LLP (included in Exhibit 8.1). 104 Cover Page Interactive Data File (formatted as Inline XBRL). * Filed herewith. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Mach Natural Resources LP By: Mach Natural Resources GP LLC, its general partner Dated: February 7, 2025 By: /s/ Tom L. Ward Name: Tom L. Ward Title: Chief Executive Officer 2