Mach Natural Resources LP (MNR)

Market Cap	1.87B
Revenue (ttm)	809.29M
Net Income (ttm)	18.53M
Shares Out	95.00M
EPS (ttm)	0.20
PE Ratio	101.17
Forward PE	5.99
Dividend	$3.00 (15.21%)
Ex-Dividend Date	May 24, 2024

Volume	84,895
Open	19.85
Previous Close	19.74
Day's Range	19.67 - 20.20
52-Week Range	14.40 - 21.19
Beta	n/a
Analysts	Strong Buy
Price Target	26.00 (+31.78%)
Earnings Date	Aug 25, 2024

About MNR

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.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• IPO Date: Oct 25, 2023
• Employees: 444
• Stock Exchange: NYSE
• Ticker Symbol: MNR

Financial Performance

In 2023, MNR's revenue was $762.31 million, a decrease of -18.68% compared to the previous year's $937.41 million. Earnings were $68.52 million, a decrease of -86.74%.

Analyst Forecast

According to 2 analysts, the average rating for MNR stock is "Strong Buy." The 12-month stock price forecast is $26.0, which is an increase of 31.78% from the latest price.

Price Target

$26.0

(31.78% upside)

Analyst Consensus: Strong Buy