Mach Natural Resources LP (MNR)

Market Cap	1.82B
Revenue (ttm)	942.81M
Net Income (ttm)	185.18M
Shares Out	118.33M
EPS (ttm)	1.90
PE Ratio	8.10
Forward PE	6.33
Dividend	$2.75 (17.89%)
Ex-Dividend Date	Feb 27, 2025

Volume	96,038
Open	15.38
Previous Close	15.34
Day's Range	15.23 - 15.42
52-Week Range	13.53 - 21.19
Beta	n/a
Analysts	Strong Buy
Price Target	24.00 (+56.1%)
Earnings Date	Mar 13, 2025

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: 505
• Stock Exchange: NYSE
• Ticker Symbol: MNR
• Website: https://www.machnr.com

Financial Performance

In 2024, Mach Natural Resources LP's revenue was $942.81 million, an increase of 40.06% compared to the previous year's $673.16 million. Earnings were $185.18 million, an increase of 170.26%.

Analyst Forecast

According to 3 analysts, the average rating for MNR stock is "Strong Buy." The 12-month stock price forecast is $24.0, which is an increase of 56.10% from the latest price.

Price Target

$24.0

(56.10% upside)

Analyst Consensus: Strong Buy