
Mach Natural Resources LP (NYSE:MNR – Free Report) – Equities researchers at Northland Securities upped their FY2026 EPS estimates for Mach Natural Resources in a research note issued on Monday, August 10th. Northland Securities analyst J. Grampp now forecasts that the company will earn $1.68 per share for the year, up from their previous estimate of $1.66. The consensus estimate for Mach Natural Resources’ current full-year earnings is $1.68 per share.
A number of other equities analysts have also weighed in on the stock. Wall Street Zen lowered shares of Mach Natural Resources from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Stephens set a $20.00 target price on Mach Natural Resources in a research note on Monday, July 13th. Raymond James Financial lifted their target price on Mach Natural Resources from $18.00 to $19.00 and gave the stock a “strong-buy” rating in a report on Tuesday, July 14th. Zacks Research cut Mach Natural Resources from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Finally, Weiss Ratings downgraded Mach Natural Resources from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $17.60.
Mach Natural Resources Trading Up 0.1%
NYSE:MNR opened at $13.19 on Wednesday. The company’s 50 day moving average price is $13.03 and its 200-day moving average price is $13.17. Mach Natural Resources has a 52 week low of $10.46 and a 52 week high of $15.02. The company has a quick ratio of 0.73, a current ratio of 0.83 and a debt-to-equity ratio of 0.61. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 22.36 and a beta of -0.31.
Mach Natural Resources Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be paid a $0.36 dividend. The ex-dividend date is Monday, August 17th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.9%. Mach Natural Resources’s payout ratio is currently 433.90%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its holdings in Mach Natural Resources by 120.5% in the first quarter. Goldman Sachs Group Inc. now owns 3,814,782 shares of the company’s stock worth $59,320,000 after purchasing an additional 2,084,511 shares during the last quarter. First Trust Advisors LP purchased a new stake in Mach Natural Resources during the 2nd quarter valued at $7,630,000. Jane Street Group LLC bought a new position in shares of Mach Natural Resources during the 2nd quarter valued at $1,931,000. Cooksen Wealth LLC boosted its stake in shares of Mach Natural Resources by 87.5% in the 2nd quarter. Cooksen Wealth LLC now owns 2,635 shares of the company’s stock worth $38,000 after buying an additional 1,230 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of Mach Natural Resources by 208.5% in the second quarter. Osaic Holdings Inc. now owns 8,302 shares of the company’s stock worth $120,000 after acquiring an additional 5,611 shares during the period. Institutional investors own 78.36% of the company’s stock.
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.
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