Mar. 12 at 8:34 PM
$MNR ok, someone else needs to check my math.
IF Mach “plans to spend
$315 million to
$360 million in total capital for development, while upholding Mach’s targeted reinvestment rate of no more than 50% of operating cash flow. Then at least that amount (maybe more to the extent that reinvestment is <50%) may be distributed to unit holders.
That suggests distribution this year is targeted to be in a range of
$1.87-
$2.14 and this compares to 2025 distribution of
$1.94 per unit.
Obviously dependent commodity prices, operating expenses, hedging activities, etc. Based in history, unlikely to equally distributed in a quarterly basis.