Mach Natural Resources LP (NYSE:MNR – Get Free Report) Director Christopher Burn acquired 1,000 shares of the stock in a transaction dated Thursday, March 19th. The stock was bought at an average cost of $14.07 per share, with a total value of $14,070.00. Following the completion of the purchase, the director directly owned 14,587 shares in the company, valued at approximately $205,239.09. The trade was a 7.36% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Mach Natural Resources Price Performance
Shares of Mach Natural Resources stock opened at $13.97 on Wednesday. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 12.47 and a beta of -0.24. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.93 and a current ratio of 1.05. The stock has a 50 day moving average price of $12.65 and a 200-day moving average price of $12.33. Mach Natural Resources LP has a one year low of $10.46 and a one year high of $15.91.
Mach Natural Resources (NYSE:MNR – Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.17. The company had revenue of $387.54 million for the quarter, compared to analyst estimates of $357.31 million. Mach Natural Resources had a return on equity of 16.91% and a net margin of 12.16%. Equities analysts expect that Mach Natural Resources LP will post 1.95 EPS for the current year.
Mach Natural Resources Increases Dividend
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. grew its stake in Mach Natural Resources by 120.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,814,782 shares of the company’s stock worth $59,320,000 after acquiring an additional 2,084,511 shares in the last quarter. Franklin Resources Inc. raised its stake in Mach Natural Resources by 115.6% in the second quarter. Franklin Resources Inc. now owns 391,720 shares of the company’s stock worth $5,656,000 after buying an additional 209,993 shares in the last quarter. American Century Companies Inc. lifted its holdings in Mach Natural Resources by 4.1% during the second quarter. American Century Companies Inc. now owns 2,578,929 shares of the company’s stock worth $37,240,000 after buying an additional 100,574 shares during the period. First Trust Advisors LP purchased a new stake in Mach Natural Resources during the second quarter worth $7,630,000. Finally, Cooper Creek Partners Management LLC bought a new stake in Mach Natural Resources during the 2nd quarter valued at $3,487,000. Hedge funds and other institutional investors own 78.36% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on MNR shares. Truist Financial assumed coverage on shares of Mach Natural Resources in a report on Tuesday. They set a “hold” rating and a $14.00 price target on the stock. KeyCorp restated a “sector weight” rating on shares of Mach Natural Resources in a research report on Friday, January 16th. Zacks Research raised Mach Natural Resources from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Wall Street Zen upgraded Mach Natural Resources from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings raised Mach Natural Resources from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 16th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $18.50.
Get Our Latest Stock Analysis on MNR
More Mach Natural Resources News
Here are the key news stories impacting Mach Natural Resources this week:
- Positive Sentiment: Director William Wallace McMullen made multiple open‑market buys Mar 19–23 totaling about 9,285 shares at roughly $13.63–$14.00, a signal of insider confidence even if the dollar amount is small relative to his large existing stake. Read More.
- Positive Sentiment: Director Christopher Burn purchased 1,000 shares on Mar 19 at an average $14.07 (a ~7.4% increase in his holding), reinforcing insider buying momentum. Read More.
- Positive Sentiment: Market commentators (TipRanks) highlighted the cluster of insider purchases as “bold moves,” which can attract investor interest and short‑term buying. Read More.
- Neutral Sentiment: Truist initiated coverage with a Hold and a $14 price target (roughly at current price), signaling balanced risk/reward and limiting a strong analyst‑driven upside near term. Read More.
- Neutral Sentiment: The company recently raised its quarterly dividend to $0.53 ($2.12 annualized, ~15% yield) — attractive yield but with a very high payout ratio (~189%), which creates income appeal but also sustainability concerns for investors. Read More.
Mach Natural Resources Company Profile
Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. It also owns a portfolio of midstream assets, as well as owns plants and water infrastructure. The company was incorporated in 2023 and is headquartered in Oklahoma City, Oklahoma.
Further Reading
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