Symbols / MNR Stock $13.04 +0.00% Mach Natural Resources LP

Energy • Oil & Gas E&P • United States • NYQ
MNR (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
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Index EQUITY
Sector Energy
Industry Oil & Gas E&P
CEO Mr. Tom L. Ward
Exch · Country NYQ · United States
Market Cap 2.19B
Enterprise Value 3.31B
Income 142.98M
Sales 1.05B
FCF (ttm) -428.54M
Book/sh 11.81
Cash/sh 0.25
Employees 840
Insider 10d —
IPO Oct 25, 2023
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 177.98%
P/E 11.96
Forward P/E 9.71
PEG —
P/S 2.10
P/B 1.10
P/C —
EV/EBITDA 5.28
EV/Sales 3.17
Quick Ratio 0.76
Current Ratio 1.05
Debt/Eq 58.49
LT Debt/Eq —
EPS (ttm) 1.09
EPS next Y 1.34
EPS Growth 22.70%
Revenue Growth 36.80%
EPS Gr Q/Q 100.20%
Rev Gr Q/Q —
Earnings (next) 2026-05-07
Earnings (prior) 2026-03-12
ROA 5.01%
ROE 8.97%
ROIC —
Gross Margin 57.73%
Oper. Margin 30.59%
Profit Margin 13.68%
Shs Outstand 168.22M
Shs Float 63.42M
Insider Own 23.33%
Instit Own 60.85%
Short Float 8.50%
Short Ratio 2.51
Short Interest 2.48M
52W High 15.60
vs 52W High -16.41%
52W Low 10.46
vs 52W Low 24.67%
Beta -0.52
Impl. Vol. 49.12%
Rel Volume 0.63
Avg Volume 659.82K
Volume 416.56K
Target (mean) $19.14
Tgt Median $20.00
Tgt Low $14.00
Tgt High $22.00
# Analysts 7
Recom Strong_buy
Prev Close $13.04
Price $13.04
Change 0.00%
About

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 (NGL) reserves. The company owns a portfolio of midstream assets, as well as owns gathering systems, processing plants. and water infrastructure. It also operates proved developed producing (PDP) wells. The company has operations in Anadarko Basin region of Western Oklahoma, Southern Kansas and the panhandle of Texas; the San Juan Basin region of New Mexico and Colorado; and the Permian Basin region of West Texas. The company was incorporated in 2023 and is headquartered in Oklahoma City, Oklahoma.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$19.14
Mean price target
2. Current target
$13.04
Latest analyst target
3. DCF / Fair value
$-45.85
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$13.04
Low
$14.00
High
$22.00
Mean
$19.14

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-24 init Truist Securities Buy → Hold $14
2026-01-16 down Keybanc Overweight → Sector Weight —
2026-01-06 main Stifel Buy → Buy $18
2025-08-27 init Keybanc — → Overweight $18
2025-08-25 init William Blair — → Outperform —
2025-07-14 main Raymond James Strong Buy → Strong Buy $22
2025-02-10 reit Raymond James Strong Buy → Strong Buy $25
2025-02-07 main Stifel Buy → Buy $23
2025-01-13 main Truist Securities Buy → Buy $24
2024-12-06 init Truist Securities — → Buy $23
2024-01-23 main Stifel Buy → Buy $29
2023-12-22 main Stifel Buy → Buy $30
2023-11-20 init Raymond James — → Strong Buy $23
2023-11-20 init Stifel — → Buy $31
News
RSS: Latest MNR news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-13 WARD TOM L Officer, Director and Beneficial Owner — 153,256 $13.05 $1,999,991
2026-04-08 IKAV GENERAL PARTNER S.A R.L. Beneficial Owner of more than 10% of a Class of Security — 5,557,679 $12.81 $71,193,868
2026-03-23 MCMULLEN WILLIAM WALLACE Director and Beneficial Owner of more than 10% of a Class of Security — 9,285 $13.63 $128,800
2026-03-20 BURN CHRISTOPHER Director — 2,000 $13.85 $27,920
2026-02-09 WHITE KEVIN R Officer — 11,886 $12.62 $150,001
2026-02-09 REEL MICHAEL E Officer — 5,151 $12.62 $65,006
2025-12-31 BURN CHRISTOPHER Director — 13,587 $11.04 $150,000
2025-12-09 MCMULLEN WILLIAM WALLACE Director and Beneficial Owner of more than 10% of a Class of Security — 30,000 $12.32 $372,225
2025-11-26 WARD TOM L Officer, Director and Beneficial Owner — 40,000 $11.63 $465,200
2025-11-25 WARD TOM L Officer, Director and Beneficial Owner — 43,660 $11.45 $499,907
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,175.39
+21.22%
969.63
+27.20%
762.31
-18.68%
937.41
Operating Revenue
1,175.39
+21.22%
969.63
+27.20%
762.31
-18.68%
937.41
Cost Of Revenue
783.37
+22.82%
637.80
+69.85%
375.51
-3.61%
389.58
Reconciled Cost Of Revenue
783.37
+22.82%
637.80
+69.85%
375.51
-3.61%
389.58
Gross Profit
392.02
+18.14%
331.83
-14.21%
386.80
-29.40%
547.84
Operating Expense
56.64
+38.68%
40.84
+47.68%
27.65
+8.64%
25.45
Selling General And Administration
56.64
+38.68%
40.84
+47.68%
27.65
+8.64%
25.45
General And Administrative Expense
56.64
+38.68%
40.84
+47.68%
27.65
+8.64%
25.45
Other Gand A
56.64
+38.68%
40.84
+47.68%
27.65
+8.64%
25.45
Other Operating Expenses
—
—
—
103.50
Total Expenses
840.01
+23.78%
678.64
+68.33%
403.17
-2.86%
415.03
Operating Income
335.38
+15.25%
290.99
-18.98%
359.14
-31.25%
522.38
Total Operating Income As Reported
244.95
-15.82%
290.99
-18.98%
359.14
-31.25%
522.38
EBITDA
507.97
-9.41%
560.74
+13.20%
495.38
-18.83%
610.28
Normalized EBITDA
616.94
+10.02%
560.74
+13.20%
495.38
-18.83%
610.28
Reconciled Depreciation
292.76
+8.04%
270.97
+96.90%
137.62
+55.34%
88.59
EBIT
215.20
-25.73%
289.77
-19.00%
357.76
-31.42%
521.69
Total Unusual Items
-108.97
0.00
0.00
0.00
Total Unusual Items Excluding Goodwill
-108.97
0.00
0.00
0.00
Special Income Charges
-108.97
0.00
0.00
0.00
Other Special Charges
18.54
—
—
—
Impairment Of Capital Assets
90.43
0.00
0.00
—
Restructuring And Mergern Acquisition
—
—
0.00
0.00
Net Income
285.97
-22.79%
370.36
-10.77%
415.08
-19.69%
516.84
Pretax Income
142.98
-22.79%
185.18
-46.57%
346.56
-32.95%
516.84
Net Non Operating Interest Income Expense
-72.22
+30.95%
-104.60
-833.81%
-11.20
-130.85%
-4.85
Interest Expense Non Operating
72.22
-30.95%
104.60
+833.81%
11.20
+130.85%
4.85
Net Interest Income
-72.22
+30.95%
-104.60
-833.81%
-11.20
-130.85%
-4.85
Interest Expense
72.22
-30.95%
104.60
+833.81%
11.20
+130.85%
4.85
Other Income Expense
-120.18
-9774.86%
-1.22
+12.13%
-1.39
-100.43%
-0.69
Other Non Operating Income Expenses
-11.21
-820.87%
-1.22
+12.13%
-1.39
-100.43%
-0.69
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-22.88
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
142.98
-22.79%
185.18
+170.26%
68.52
-86.74%
516.84
Net Income From Continuing Operation Net Minority Interest
285.97
-22.79%
370.36
-10.77%
415.08
-19.69%
516.84
Net Income From Continuing And Discontinued Operation
285.97
-22.79%
370.36
-10.77%
415.08
-19.69%
516.84
Net Income Continuous Operations
142.98
-22.79%
185.18
-46.57%
346.56
-32.95%
516.84
Normalized Income
372.05
+0.46%
370.36
-10.77%
415.08
-19.69%
516.84
Net Income Common Stockholders
142.98
-22.79%
185.18
+170.26%
68.52
-86.74%
516.84
Otherunder Preferred Stock Dividend
0.00
0.00
-100.00%
278.04
—
Diluted EPS
—
1.90
+163.89%
0.72
-86.77%
5.44
Basic EPS
—
1.90
+163.89%
0.72
-86.77%
5.44
Basic Average Shares
—
97.59
+2.83%
94.91
-0.10%
95.00
Diluted Average Shares
—
97.70
+2.94%
94.91
-0.10%
95.00
Diluted NI Availto Com Stockholders
142.98
-22.79%
185.18
+170.26%
68.52
-86.74%
516.84
Depreciation Amortization Depletion Income Statement
—
—
—
5.45
Depreciation And Amortization In Income Statement
—
—
—
5.45
Other Taxes
—
—
—
65.19
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
3,777.31
+61.55%
2,338.21
+1.46%
2,304.51
+159.56%
887.86
Current Assets
377.95
+17.34%
322.10
-6.26%
343.60
+84.09%
186.65
Cash Cash Equivalents And Short Term Investments
42.63
-59.70%
105.78
-30.77%
152.79
+419.40%
29.42
Cash And Cash Equivalents
42.63
-59.70%
105.78
-30.77%
152.79
+419.40%
29.42
Receivables
230.42
+34.31%
171.55
+29.76%
132.21
+1.64%
130.07
Accounts Receivable
230.42
+34.31%
171.55
+29.76%
132.21
+1.64%
130.07
Inventory
43.51
+79.05%
24.30
-22.55%
31.38
+27.03%
24.70
Hedging Assets Current
42.51
+202.13%
14.07
-43.27%
24.80
0.00
Other Current Assets
18.89
+195.14%
6.40
+163.88%
2.42
-1.38%
2.46
Total Non Current Assets
3,399.36
+68.61%
2,016.12
+2.82%
1,960.91
+179.65%
701.21
Net PPE
3,352.86
+67.14%
2,005.99
+3.47%
1,938.70
+177.69%
698.16
Gross PPE
4,267.63
+67.34%
2,550.34
+14.87%
2,220.24
+162.17%
846.87
Accumulated Depreciation
-914.76
-68.05%
-544.35
-93.35%
-281.54
-89.32%
-148.71
Machinery Furniture Equipment
12.77
+102.62%
6.30
—
—
Other Properties
109.34
+23.13%
88.80
-1.14%
89.82
+24.37%
72.22
Other Non Current Assets
34.00
+258.40%
9.49
+33.58%
7.10
+132.70%
3.05
Total Liabilities Net Minority Interest
1,787.92
+56.95%
1,139.17
+2.37%
1,112.79
+277.69%
294.63
Current Liabilities
359.92
+2.13%
352.42
+28.20%
274.91
+79.61%
153.06
Payables And Accrued Expenses
351.84
+36.40%
257.95
+27.53%
202.27
+54.04%
131.31
Payables
279.62
+32.54%
210.96
+29.88%
162.43
+100.87%
80.86
Accounts Payable
68.71
+31.02%
52.44
+17.64%
44.58
+129.44%
19.43
Other Payable
179.43
+18.12%
151.91
+36.19%
111.54
+94.49%
57.35
Current Accrued Expenses
72.22
+53.70%
46.99
+17.93%
39.84
-21.03%
50.45
Total Tax Payable
30.56
+561.23%
4.62
+34.44%
3.44
-6.12%
3.66
Current Debt And Capital Lease Obligation
6.91
-92.16%
88.09
+21.27%
72.64
+574.65%
10.77
Current Debt
—
82.50
+33.33%
61.88
—
Other Current Borrowings
—
82.50
+33.33%
61.88
—
Current Capital Lease Obligation
6.91
+23.61%
5.59
-48.10%
10.77
-0.02%
10.77
Other Current Liabilities
1.18
-81.54%
6.38
—
10.98
Total Non Current Liabilities Net Minority Interest
1,428.00
+81.51%
786.75
-6.10%
837.88
+491.85%
141.57
Long Term Debt And Capital Lease Obligation
1,156.70
+70.58%
678.08
-9.81%
751.85
+745.32%
88.94
Long Term Debt
1,144.06
+71.07%
668.78
-10.25%
745.14
+777.67%
84.90
Long Term Capital Lease Obligation
12.64
+35.94%
9.30
+38.73%
6.71
+65.88%
4.04
Long Term Provisions
261.86
+157.08%
101.86
+19.70%
85.09
+62.52%
52.36
Other Non Current Liabilities
6.48
+234.66%
1.94
+105.30%
0.94
+250.56%
0.27
Stockholders Equity
0.00
0.00
0.00
0.00
Common Stock Equity
1,989.39
+65.91%
1,199.05
+0.61%
1,191.72
+100.89%
593.23
Share Issued
168.21
+62.53%
103.49
+8.94%
95.00
+0.00%
95.00
Ordinary Shares Number
168.21
+62.53%
103.49
+8.94%
95.00
+0.00%
95.00
Total Equity Gross Minority Interest
1,989.39
+65.91%
1,199.05
+0.61%
1,191.72
+100.89%
593.23
Total Capitalization
3,133.45
+67.76%
1,867.82
-3.56%
1,936.86
+185.62%
678.13
Working Capital
18.03
+159.46%
-30.32
-144.15%
68.69
+104.49%
33.59
Invested Capital
3,133.45
+60.66%
1,950.32
-2.42%
1,998.74
+194.74%
678.13
Total Debt
1,163.61
+51.87%
766.17
-7.07%
824.49
+726.89%
99.71
Net Debt
1,101.42
+70.63%
645.50
-1.33%
654.22
+1079.14%
55.48
Capital Lease Obligations
19.55
+31.31%
14.89
-14.77%
17.47
+17.97%
14.81
Net Tangible Assets
0.00
0.00
0.00
0.00
Tangible Book Value
1,989.39
+65.91%
1,199.05
+0.61%
1,191.72
+100.89%
593.23
Derivative Product Liabilities
2.96
-39.22%
4.87
0.00
0.00
Dueto Related Parties Current
0.92
-54.16%
2.00
-30.38%
2.87
+587.53%
0.42
Financial Assets
12.49
+1851.88%
0.64
-95.76%
15.11
0.00
Interest Payable
3.39
0.00
—
—
Limited Partnership Capital
1,989.39
+65.91%
1,199.05
+0.61%
1,191.72
+100.89%
593.23
Total Partnership Capital
1,989.39
+65.91%
1,199.05
+0.61%
1,191.72
+100.89%
593.23
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
506.96
+0.33%
505.29
+2.76%
491.74
-11.16%
553.54
Cash Flow From Continuing Operating Activities
506.96
+0.33%
505.29
+2.76%
491.74
-11.16%
553.54
Net Income From Continuing Operations
142.98
-22.79%
185.18
-46.57%
346.56
-32.95%
516.84
Depreciation Amortization Depletion
292.76
+8.04%
270.97
+96.90%
137.62
+55.34%
88.59
Depreciation
292.76
+8.04%
270.97
+96.90%
137.62
+55.34%
88.59
Depreciation And Amortization
292.76
+8.04%
270.97
+96.90%
137.62
+55.34%
88.59
Other Non Cash Items
4.10
-36.98%
6.51
+360.65%
1.41
+110.69%
-13.22
Stock Based Compensation
9.39
+43.78%
6.53
+89.85%
3.44
-54.30%
7.53
Provisionand Write Offof Assets
5.25
+134.15%
2.24
+28.29%
1.75
0.00
Asset Impairment Charge
90.43
0.00
0.00
—
Operating Gains Losses
-14.47
-140.79%
35.48
+167.12%
-52.86
-97.28%
-26.79
Gain Loss On Investment Securities
-32.71
-190.46%
36.16
+168.42%
-52.85
-97.60%
-26.75
Gain Loss On Sale Of PPE
-0.30
+56.56%
-0.69
-68500.00%
-0.00
+97.78%
-0.04
Change In Working Capital
-23.49
-1359.79%
-1.61
-102.99%
53.82
+377.43%
-19.40
Change In Receivables
-7.90
+83.14%
-46.87
-399.80%
15.63
+146.30%
-33.77
Changes In Account Receivables
-7.90
+83.14%
-46.87
-399.80%
15.63
+146.30%
-33.77
Change In Inventory
-20.53
-1094.14%
2.06
-84.63%
13.43
—
Change In Payables And Accrued Expense
4.94
-88.55%
43.20
+74.47%
24.76
+119.69%
11.27
Change In Payable
4.94
-88.55%
43.20
+74.47%
24.76
+119.69%
11.27
Change In Account Payable
5.95
+78.72%
3.33
-41.94%
5.73
-52.95%
12.18
Change In Other Working Capital
—
2.06
-84.63%
13.43
+333.82%
3.10
Investing Cash Flow
-899.16
-193.54%
-306.32
+70.18%
-1,027.16
-175.63%
-372.66
Cash Flow From Continuing Investing Activities
-899.16
-193.54%
-306.32
+70.18%
-1,027.16
-175.63%
-372.66
Net PPE Purchase And Sale
4.75
-88.15%
40.05
+1098.71%
3.34
-20.96%
4.23
Sale Of PPE
4.75
-88.15%
40.05
+1098.71%
3.34
-20.96%
4.23
Capital Expenditure
-270.55
-22.80%
-220.32
+30.01%
-314.80
-29.54%
-243.03
Capital Expenditure Reported
-270.55
-22.80%
-220.32
+30.01%
-314.80
-29.54%
-243.03
Net Business Purchase And Sale
0.00
0.00
-100.00%
39.15
0.00
Purchase Of Business
—
—
—
-133.86
Net Other Investing Changes
-633.36
-402.47%
-126.05
+83.30%
-754.85
-463.90%
-133.86
Financing Cash Flow
329.06
+233.77%
-245.99
-137.34%
658.79
+412.61%
-210.74
Cash Flow From Continuing Financing Activities
329.06
+233.77%
-245.99
-137.34%
658.79
+412.61%
-210.74
Net Issuance Payments Of Debt
386.88
+725.25%
-61.88
-109.61%
644.00
+71655.56%
-0.90
Issuance Of Debt
1,554.15
0.00
-100.00%
879.00
0.00
Repayment Of Debt
-1,167.28
-1786.51%
-61.88
+73.67%
-235.00
-26011.11%
-0.90
Long Term Debt Issuance
1,554.15
0.00
-100.00%
879.00
0.00
Long Term Debt Payments
-1,167.28
-1786.51%
-61.88
+73.67%
-235.00
-26011.11%
-0.90
Net Long Term Debt Issuance
386.88
+725.25%
-61.88
-109.61%
644.00
+71655.56%
-0.90
Net Common Stock Issuance
221.06
+71.56%
128.85
+5.44%
122.20
+88.00%
65.00
Common Stock Payments
0.00
0.00
+100.00%
-66.26
0.00
Cash Dividends Paid
-244.50
+21.09%
-309.83
-205.70%
-101.35
+63.12%
-274.84
Repurchase Of Capital Stock
0.00
0.00
+100.00%
-66.26
0.00
Net Other Financing Charges
-34.38
-994.78%
-3.14
+48.20%
-6.06
—
Changes In Cash
-63.14
-34.30%
-47.02
-138.11%
123.38
+513.25%
-29.86
Beginning Cash Position
105.78
-30.77%
152.79
+419.40%
29.42
-50.37%
59.27
End Cash Position
42.63
-59.70%
105.78
-30.77%
152.79
+419.40%
29.42
Free Cash Flow
236.41
-17.04%
284.98
+61.06%
176.94
-43.02%
310.52
Interest Paid Supplemental Data
62.56
-36.12%
97.93
+1069.62%
8.37
+92.97%
4.34
Common Stock Issuance
221.06
+71.56%
128.85
-31.63%
188.47
+189.95%
65.00
Issuance Of Capital Stock
221.06
+71.56%
128.85
-31.63%
188.47
+189.95%
65.00
Sale Of Business
0.00
0.00
-100.00%
39.15
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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