The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Strong Buy. Despite a weak stock market performance, 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
37 / 123
Overall Ranking
142 / 4611
Industry
Oil & Gas
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
8
analysts
Strong Buy
Current Rating
20.857
Target Price
+79.65%
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 acquisition, development and production of oil, natural gas and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. The Company's assets are located throughout Western Oklahoma, Southern Kansas and the panhandle of Texas and consist of approximately 4,600 gross operated PDP wells. Additionally, it owns a portfolio of midstream assets which support its leases, including ownership in four processing plants with combined processing capacity of 353 million cubic feet per day (MMcf/d), along with 1,210 miles of gas gathering pipelines. Additionally, it owns water infrastructure consisting of 880 miles of gathering pipeline and 55 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 0.99, 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 acquisition, development and production of oil, natural gas and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. The Company's assets are located throughout Western Oklahoma, Southern Kansas and the panhandle of Texas and consist of approximately 4,600 gross operated PDP wells. Additionally, it owns a portfolio of midstream assets which support its leases, including ownership in four processing plants with combined processing capacity of 353 million cubic feet per day (MMcf/d), along with 1,210 miles of gas gathering pipelines. Additionally, it owns water infrastructure consisting of 880 miles of gathering pipeline and 55 disposal wells.