Mach Natural Resources to Buy Some Oil and Gas Assets for $1.3 Billion

Dow Jones

Jul 10, 2025

By Nicholas G. Miller

Mach Natural Resources said Thursday it has agreed to acquire some oil and gas assets in the Southwestern U.S. for $1.3 billion.

The Oklahoma City-based oil and gas company said the transactions would nearly double its production and diversify its geographic exposure across the continent.

"With this step, we significantly enhance our scale and gain strategic multi-basin positioning," said Tom Ward, chief executive officer of Mach.

The company will buy the assets of Sabinal Energy in the Permian Basin, located in Texas and New Mexico, for $500 million, including $300 million in equity. Mach will buy the assets of IKAV San Juan in the San Juan Basin of New Mexico, Utah, Colorado and Arizona for $787 million, including $462 million in equity, it added.

The transactions are expected to close during the third quarter.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

July 10, 2025 07:56 ET (11:56 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2550647969"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2550647969\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2550647969?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-10 19:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2550647969","market":"hk","top_or_hot":-1,"title":"Mach Natural Resources to Buy Some Oil and Gas Assets for $1.3 Billion","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Nicholas G. <a href=\"https://laohu8.com/S/MLR\">Miller</a> \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/MNR\">Mach Natural</a> Resources said Thursday it has agreed to acquire some oil and gas assets in the Southwestern U.S. for $1.3 billion. \n</p>\n<p>\n  The Oklahoma City-based oil and gas company said the transactions would nearly double its production and diversify its geographic exposure across the continent. \n</p>\n<p>\n  \"With this step, we significantly enhance our scale and gain strategic multi-basin positioning,\" said Tom Ward, chief executive officer of Mach. \n</p>\n<p>\n  The company will buy the assets of Sabinal Energy in the Permian Basin, located in <a href=\"https://laohu8.com/S/TCBIL\">Texas</a> and New Mexico, for $500 million, including $300 million in equity. Mach will buy the assets of IKAV San Juan in the San Juan Basin of New Mexico, Utah, Colorado and Arizona for $787 million, including $462 million in equity, it added. \n</p>\n<p>\n  The transactions are expected to close during the third quarter. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2025 07:56 ET (11:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mach Natural Resources to Buy Some Oil and Gas Assets for $1.3 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMach Natural Resources to Buy Some Oil and Gas Assets for $1.3 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-10 19:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Nicholas G. <a href=\"https://laohu8.com/S/MLR\">Miller</a> \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/MNR\">Mach Natural</a> Resources said Thursday it has agreed to acquire some oil and gas assets in the Southwestern U.S. for $1.3 billion. \n</p>\n<p>\n  The Oklahoma City-based oil and gas company said the transactions would nearly double its production and diversify its geographic exposure across the continent. \n</p>\n<p>\n  \"With this step, we significantly enhance our scale and gain strategic multi-basin positioning,\" said Tom Ward, chief executive officer of Mach. \n</p>\n<p>\n  The company will buy the assets of Sabinal Energy in the Permian Basin, located in <a href=\"https://laohu8.com/S/TCBIL\">Texas</a> and New Mexico, for $500 million, including $300 million in equity. Mach will buy the assets of IKAV San Juan in the San Juan Basin of New Mexico, Utah, Colorado and Arizona for $787 million, including $462 million in equity, it added. \n</p>\n<p>\n  The transactions are expected to close during the third quarter. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2025 07:56 ET (11:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4213","symbol_name":"石油与天然气的勘探与生产","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2550647969","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550647969","pubTimestamp":1752148560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Mach Natural Resources said Thursday it has agreed to acquire some oil and gas assets in the Southwestern U.S. for $1.3 billion.The Oklahoma City-based oil and gas company said the transactions would nearly double its production and diversify its geographic exposure across the continent.\"With this step, we significantly enhance our scale and gain strategic multi-basin positioning,\" said Tom Ward, chief executive officer of Mach.The company will buy the assets of Sabinal Energy in the Permian Basin, located in Texas and New Mexico, for $500 million, including $300 million in equity. Mach will buy the assets of IKAV San Juan in the San Juan Basin of New Mexico, Utah, Colorado and Arizona for $787 million, including $462 million in equity, it added.The transactions are expected to close during the third quarter.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4213":"石油与天然气的勘探与生产","BK4171":"工业房地产投资信托","MNR":"Mach Natural Resources L.P."},"translate_title":"马赫自然资源公司将斥资13亿美元收购部分油气资产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MNR":0.9},"content_text":"By Nicholas G. Miller\n\n\n \n\n\nMach Natural Resources said Thursday it has agreed to acquire some oil and gas assets in the Southwestern U.S. for $1.3 billion. \n\n\n  The Oklahoma City-based oil and gas company said the transactions would nearly double its production and diversify its geographic exposure across the continent. \n\n\n  \"With this step, we significantly enhance our scale and gain strategic multi-basin positioning,\" said Tom Ward, chief executive officer of Mach. \n\n\n  The company will buy the assets of Sabinal Energy in the Permian Basin, located in Texas and New Mexico, for $500 million, including $300 million in equity. Mach will buy the assets of IKAV San Juan in the San Juan Basin of New Mexico, Utah, Colorado and Arizona for $787 million, including $462 million in equity, it added. \n\n\n  The transactions are expected to close during the third quarter. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 10, 2025 07:56 ET (11:56 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}