Mach Natural Resources LP's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 42/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 20.57.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Mach Natural Resources LP's Score
Industry at a Glance
Industry Ranking
42 / 120
Overall Ranking
186 / 4563
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
8
analysts
Strong Buy
Current Rating
20.571
Target Price
+67.25%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Mach Natural Resources LP Highlights
StrengthsRisks
Mach Natural Resources LP is an independent upstream oil and gas company. The Company is focused on the acquisition, development and production of oil, natural gas and natural gas liquids (NGL) reserves. The Company operates a diversified portfolio across the Anadarko, Permian, and San Juan Basins. The Company’s assets are located throughout Western Oklahoma, Southern Kansas and the panhandle of Texas and consist of approximately 5,000 gross operated proved developed producing (PDP) wells. Additionally, it owns a portfolio of midstream assets which support its leases, including ownership in four processing plants with a combined processing capacity of 353 million cubic feet per day (MMcf/d), along with 1,480 miles of gas-gathering pipelines. It also owns water infrastructure consisting of 880 miles of gathering pipeline and 88 disposal wells.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 168.28%.
Undervalued
The company’s latest PB is 0.96, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 107.64M shares, increasing 13.64% quarter-over-quarter.
Mach Natural Resources LP is an independent upstream oil and gas company. The Company is focused on the acquisition, development and production of oil, natural gas and natural gas liquids (NGL) reserves. The Company operates a diversified portfolio across the Anadarko, Permian, and San Juan Basins. The Company’s assets are located throughout Western Oklahoma, Southern Kansas and the panhandle of Texas and consist of approximately 5,000 gross operated proved developed producing (PDP) wells. Additionally, it owns a portfolio of midstream assets which support its leases, including ownership in four processing plants with a combined processing capacity of 353 million cubic feet per day (MMcf/d), along with 1,480 miles of gas-gathering pipelines. It also owns water infrastructure consisting of 880 miles of gathering pipeline and 88 disposal wells.
Ticker SymbolMNR
CompanyMach Natural Resources LP
CEOWard (Tom L)
Websitehttps://machnr.com/
FAQs
What is the current price of Mach Natural Resources LP (MNR)?
The current price of Mach Natural Resources LP (MNR) is 11.125.
What is the symbol of Mach Natural Resources LP?
The ticker symbol of Mach Natural Resources LP is MNR.
What is the 52-week high of Mach Natural Resources LP?
The 52-week high of Mach Natural Resources LP is 18.997.
What is the 52-week low of Mach Natural Resources LP?
The 52-week low of Mach Natural Resources LP is 10.930.
What is the market capitalization of Mach Natural Resources LP?
The market capitalization of Mach Natural Resources LP is 1.87B.
What is the net income of Mach Natural Resources LP?
The net income of Mach Natural Resources LP is 185.18M.
Is Mach Natural Resources LP (MNR) currently rated as Buy, Hold, or Sell?
According to analysts, Mach Natural Resources LP (MNR) has an overall rating of --, with a price target of 20.571.
What is the Earnings Per Share (EPS TTM) of Mach Natural Resources LP (MNR)?
The Earnings Per Share (EPS TTM) of Mach Natural Resources LP (MNR) is 0.930.