Mach Natural Resources LP (MNR) AI Stock Analysis

Mach Natural Resources LP is an independent upstream oil and gas company headquartered in Oklahoma City, Oklahoma. Established in 2023, the partnership specializes in the acquisition, development, and production of reserves in the Anadarko Basin region. Its operations are strategically focused across Western Oklahoma, Southern Kansas, and the Texas panhandle. The company concentrates on maximizing extraction potential for oil, natural gas, and natural gas liquids (NGLs) by deploying advanced technologies and industry best practices to efficiently develop reserves within its operational footprint.

Over five years from FY2020 to FY2025, revenue achieved a compound annual growth rate of 47.6%. Annual revenue expanded from $392.5M in FY2021 to $937.4M in FY2022, before dropping to $762.3M in FY2023. Revenue rebounded 27.2% to $969.6M in FY2024 and reached $1.18B in FY2025 with net income of $286.0M. Net margin moved from 55.1% in FY2022 to 24.3% in FY2025. In the trailing twelve months, revenue totaled $1.30B with an operating margin of 33.7% and a profit margin of 7.8%. For the latest quarter ended June 30, 2026, quarterly revenue increased 63.6% year-over-year, while quarterly earnings declined 23.5%.

As of June 30, 2026, Mach Natural Resources held $41.2M in cash and short-term investments alongside total debt of $1.19B, leaving net debt at $1.15B. The current ratio stood at 0.88, and debt-to-equity was 0.65 against shareholders' equity of $1.84B. In FY2025, operating cash flow reached $507.0M and free cash flow was $236.4M. Capital expenditures totaled $270.5M, while dividends paid were $244.5M and share issuance raised $221.1M.

At a last close of $11.07 on October 16, 2026, Mach Natural Resources had a market capitalization of $1.85B and an enterprise value of $2.90B. The stock traded at a trailing P/E of 18.4x, above the 15.0x median of its US-listed Energy peers. However, its forward P/E of 8.1x and EV/EBITDA of 5.3x sat below the peer medians of 12.7x and 8.0x, respectively. The price-to-book ratio stood at 0.9x. Over the past year, the shares gained 5.0%, trailing the 16.8% return of the S&P 500 benchmark.

Mach Natural Resources pays a quarterly distribution with an annual forward dividend of $1.80, representing a dividend yield of 16.26%. The partnership has paid dividends for 3 consecutive years and posted a payout ratio of 4.6%. Its last ex-dividend date was August 17, 2026.

Wall Street coverage consists of 7 Strong Buy ratings, 0 Buy ratings, and 2 Hold ratings. The mean price target of $16.62 implies 50.2% upside compared to the last close of $11.07. For the fiscal year ending December 31, 2026, analysts estimate revenue of $1.44B and EPS of $1.31, representing 7.0% EPS growth. Over the last four quarters, the partnership beat EPS estimates 2 times. The next earnings date is November 5, 2026.

This page is an AI-written research summary of Mach Natural Resources LP (MNR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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