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Mach Natural Resources LP (MNR)

US · Energy · Oil & Gas E&P

$10.97+0.64%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$406.0M
Revenue YoY
+40.7%
Net profit
$98.2M
Profit YoY
+9.5%
EPS
$0.38
EPS estimate
$0.34
Net margin
24.2%

EPS came in at 0.38 against a street estimate of 0.34 — a beat of 11.8%.

Key statistics

Market cap
$2.10B
P/E
22.9
Forward P/E
0.0
P/B
1.14
Book value
$11.04
EPS (TTM)
$0.55
Dividend yield
14.32%
52-week high
$13.97
52-week low
$9.35
50-day MA
$12.93
200-day MA
$12.79
Beta
-0.46

Analyst view

Analysts rate Mach Natural Resources LP a strong buy (4 buy, 0 hold, 0 sell out of 4) with an average price target of $17.00.

From the latest earnings call · 2026-08-07

CONFIDENT Mach delivered Q2 production of 149k BOE/d (15% oil, 69% gas, 16% NGLs) with $0.36/unit distribution. Oswego rig remains workhorse; Mancos well costs cut to $13M from $20M. Leverage at 1.4x; target 1x by end-2027. Q2 2026 Oswego Limestone continues as primary development engine; San Juan Mancos emerging as multi-decade upside asset; Central Basin (Clearfork) deferred pending pricing improvement. Analysts pressed commodity-dependent CapEx allocation, leverage urgency, and asset sale options. Management defended acreage retention (preserves optionality), prioritized highest-ROR drilling by month, and accepted distribution modulation as primary deleveraging tool over asset sales. 2026-08-07…

Full summary in the app.

Shareholding

Insiders
22.92%
Institutions
60.99%

Largest institutional holders

FundStake
Kayne Anderson Capital Advisors LP9.29%
American Century Companies Inc1.47%
Morgan Stanley - Brokerage Accounts0.71%
The Goldman Sachs Group Inc0.63%
ING Groep NV0.61%
First Trust Advisors L.P.0.30%
CIBC Bancorp USA Inc.0.25%
Wiley Bros.-Aintree Capital, LLC0.16%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
MACH NATURAL RESOURCES LP - 10-Q SUMMARY (Q2 2026) HEADLINE NUMBERS • Revenue (6M 2026): $691.9 million vs. $515.3 million (6M 2025) — up 34% • Net
2026-08-06
Results announced · Q3 2026
MACH NATURAL RESOURCES LP – Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Total net production averaged 148.9 Mboe/d (15% oil, 69% natural gas, 16% NGL
2026-08-06
Company announcement · Q2 2026
MACH NATURAL RESOURCES LP - FORM 8-K SUMMARY HEADLINE NUMBERS • Company announced equity distribution agreement on May 22, 2026 • Authorized to issu
2026-05-22
Quarterly report · Q1 2026
MACH NATURAL RESOURCES LP – Q1 2026 SUMMARY HEADLINE NUMBERS • Total Revenue (Q1 2026): $285.9 million (vs. $226.8 million Q1 2025) • Net Loss (Q1 2
2026-05-07
Results announced · Q2 2026
MACH NATURAL RESOURCES LP - Q1 2026 RESULTS SUMMARY HEADLINE NUMBERS • Total net production: 158 Mboe/d (thousand barrels of oil equivalent per day)
2026-05-07
Company announcement · Q2 2026
MACH NATURAL RESOURCES LP – FORM 8-K SUMMARY HEADLINE NUMBERS • Secondary offering of 9,000,000 common units representing limited partner interests
2026-04-08
Annual report FY2025
MACH NATURAL RESOURCES LP – 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Company: Mach Natural Resources LP (MNR), oil and gas exploration a
2026-03-12
Quarterly report · Q3 2025
MACH NATURAL RESOURCES LP – Q3 2025 FORM 10-Q SUMMARY --- HEADLINE NUMBERS • Cash and Equivalents: $53.6M as of September 30, 2025 (down from $105.
2025-11-06

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.36 / share
ex-date Aug 17, 2026 · pay Aug 31, 2026
2026-08-17
Dividend$0.64 / share
ex-date May 21, 2026 · pay Jun 4, 2026
2026-05-21
Dividend$0.53 / share
ex-date Feb 26, 2026 · pay Mar 12, 2026
2026-02-26
Dividend$0.27 / share
ex-date Nov 20, 2025 · pay Dec 4, 2025
2025-11-20
Dividend$0.38 / share
ex-date Aug 21, 2025 · pay Sep 4, 2025
2025-08-21

Deals & corporate news

AnnouncementDate
Pro forma financial statements filed for business combination transaction
Mach Natural Resources LP filed an 8-K on December 10, 2025, disclosing pro forma financial statements as required by SEC regulations. Pro forma statements show what a company's financials w
2025-12-10

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Data updated 2026-09-18.