Mach Gross Profit from 2010 to 2024

MNR Stock  USD 16.57  0.02  0.12%   
Mach Natural Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 346 M this year. Gross Profit is the profit Mach Natural Resources makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1991-12-31
Previous Quarter
86.5 M
Current Value
247.1 M
Quarterly Volatility
43.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mach Natural financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mach Natural's main balance sheet or income statement drivers, such as Other Operating Expenses of 423.3 M, Operating Income of 377.1 M or EBIT of 375.6 M, as well as many indicators such as Price To Sales Ratio of 2.98, Dividend Yield of 0.0 or PTB Ratio of 1.25. Mach financial statements analysis is a perfect complement when working with Mach Natural Valuation or Volatility modules.
  
Check out the analysis of Mach Natural Correlation against competitors.

Latest Mach Natural's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Mach Natural Resources over the last few years. Gross profit is a required income statement account that reflects total revenue of Mach Natural Resources minus its cost of goods sold. It is profit before Mach Natural operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Mach Natural's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mach Natural's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Mach Gross Profit Regression Statistics

Arithmetic Mean170,565,418
Geometric Mean90,676,618
Coefficient Of Variation122.85
Mean Deviation138,931,144
Median96,230,749
Standard Deviation209,537,318
Sample Variance43905.9T
Range830.5M
R-Value0.70
Mean Square Error24035.5T
R-Squared0.49
Significance0
Slope32,853,605
Total Sum of Squares614682.4T

Mach Gross Profit History

2024346 M
2023329.5 M
2022832.4 M
2021216.3 M
2020147.6 M
2019137.8 M
2018115 M

Other Fundumenentals of Mach Natural Resources

Mach Natural Gross Profit component correlations

0.990.750.40.990.860.530.470.670.450.580.67-0.460.670.50.46-0.640.63-0.64
0.990.720.450.960.870.580.490.690.510.60.66-0.520.660.440.51-0.630.63-0.63
0.750.72-0.240.780.39-0.090.380.52-0.070.060.10.10.10.32-0.07-0.040.15-0.04
0.40.45-0.240.330.750.910.30.510.860.80.73-0.890.730.210.86-0.690.69-0.69
0.990.960.780.330.830.470.440.630.380.540.66-0.380.650.550.39-0.630.62-0.63
0.860.870.390.750.830.740.530.760.670.730.77-0.680.770.450.67-0.730.73-0.73
0.530.58-0.090.910.470.740.260.410.940.90.83-0.970.830.280.95-0.790.79-0.79
0.470.490.380.30.440.530.260.50.390.420.24-0.330.240.30.39-0.080.38-0.08
0.670.690.520.510.630.760.410.50.460.430.32-0.440.320.150.46-0.240.36-0.24
0.450.51-0.070.860.380.670.940.390.460.930.73-0.990.730.291.0-0.60.79-0.6
0.580.60.060.80.540.730.90.420.430.930.89-0.90.890.620.93-0.730.96-0.73
0.670.660.10.730.660.770.830.240.320.730.89-0.731.00.720.73-0.950.95-0.95
-0.46-0.520.1-0.89-0.38-0.68-0.97-0.33-0.44-0.99-0.9-0.73-0.73-0.22-0.990.64-0.750.64
0.670.660.10.730.650.770.830.240.320.730.891.0-0.730.720.73-0.950.95-0.95
0.50.440.320.210.550.450.280.30.150.290.620.72-0.220.720.3-0.570.8-0.57
0.460.51-0.070.860.390.670.950.390.461.00.930.73-0.990.730.3-0.60.79-0.6
-0.64-0.63-0.04-0.69-0.63-0.73-0.79-0.08-0.24-0.6-0.73-0.950.64-0.95-0.57-0.6-0.811.0
0.630.630.150.690.620.730.790.380.360.790.960.95-0.750.950.80.79-0.81-0.81
-0.64-0.63-0.04-0.69-0.63-0.73-0.79-0.08-0.24-0.6-0.73-0.950.64-0.95-0.57-0.61.0-0.81
Click cells to compare fundamentals

About Mach Natural Financial Statements

Mach Natural shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Mach Natural investors may analyze each financial statement separately, they are all interrelated. The changes in Mach Natural's assets and liabilities, for example, are also reflected in the revenues and expenses on on Mach Natural's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit329.5 M346 M
Gross Profit Margin 0.47  0.63 

Pair Trading with Mach Natural

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mach Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mach Natural will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mach Stock

  0.8SD SandRidge EnergyPairCorr

Moving against Mach Stock

  0.54CNX CNX Resources Corp Fiscal Year End 23rd of January 2025 PairCorr
  0.5EXE Expand Energy Symbol ChangePairCorr
  0.44LB LandBridge Company Downward RallyPairCorr
  0.42EQT EQT CorporationPairCorr
  0.39EPM Evolution PetroleumPairCorr
The ability to find closely correlated positions to Mach Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mach Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mach Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mach Natural Resources to buy it.
The correlation of Mach Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mach Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mach Natural Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mach Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Mach Stock Analysis

When running Mach Natural's price analysis, check to measure Mach Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mach Natural is operating at the current time. Most of Mach Natural's value examination focuses on studying past and present price action to predict the probability of Mach Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mach Natural's price. Additionally, you may evaluate how the addition of Mach Natural to your portfolios can decrease your overall portfolio volatility.