KeyCorp Cuts Earnings Estimates for Mach Natural Resources

Mach Natural Resources LP (NYSE:MNRFree Report) – Research analysts at KeyCorp reduced their FY2025 earnings per share estimates for Mach Natural Resources in a report issued on Tuesday, October 14th. KeyCorp analyst T. Rezvan now expects that the company will earn $2.03 per share for the year, down from their prior forecast of $2.65. KeyCorp has a “Overweight” rating on the stock. The consensus estimate for Mach Natural Resources’ current full-year earnings is $1.95 per share. KeyCorp also issued estimates for Mach Natural Resources’ Q4 2025 earnings at $0.22 EPS, Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.23 EPS, FY2026 earnings at $0.82 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.17 EPS, Q3 2027 earnings at $0.15 EPS and FY2027 earnings at $0.86 EPS.

Mach Natural Resources (NYSE:MNRGet Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.23. The firm had revenue of $288.52 million during the quarter, compared to the consensus estimate of $237.56 million. Mach Natural Resources had a return on equity of 23.23% and a net margin of 20.83%.

MNR has been the subject of a number of other reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Mach Natural Resources in a report on Monday, July 14th. Northland Securities set a $21.00 price target on Mach Natural Resources in a report on Tuesday. Wall Street Zen downgraded Mach Natural Resources from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Northland Capmk upgraded shares of Mach Natural Resources to a “strong-buy” rating in a research report on Monday, October 13th. Finally, William Blair assumed coverage on shares of Mach Natural Resources in a research report on Monday, August 25th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.50.

Check Out Our Latest Stock Analysis on MNR

Mach Natural Resources Stock Performance

Shares of MNR opened at $11.92 on Friday. The stock has a 50 day moving average price of $13.51 and a 200 day moving average price of $13.94. The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 6.14 and a beta of -0.11. Mach Natural Resources has a 52-week low of $11.79 and a 52-week high of $19.00.

Mach Natural Resources Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a dividend of $0.38 per share. The ex-dividend date was Thursday, August 21st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 12.8%. Mach Natural Resources’s dividend payout ratio (DPR) is 78.35%.

Insider Activity

In other Mach Natural Resources news, Director William Wallace Mcmullen bought 3,085 shares of the stock in a transaction dated Monday, August 11th. The shares were acquired at an average cost of $14.39 per share, for a total transaction of $44,393.15. Following the completion of the transaction, the director owned 74,816,024 shares in the company, valued at approximately $1,076,602,585.36. The trade was a 0.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 87.80% of the company’s stock.

Institutional Investors Weigh In On Mach Natural Resources

Hedge funds have recently modified their holdings of the stock. CWM LLC acquired a new stake in shares of Mach Natural Resources during the third quarter worth $27,000. Chung Wu Investment Group LLC acquired a new stake in shares of Mach Natural Resources during the second quarter worth $38,000. Cooksen Wealth LLC lifted its holdings in shares of Mach Natural Resources by 87.5% during the second quarter. Cooksen Wealth LLC now owns 2,635 shares of the company’s stock worth $38,000 after purchasing an additional 1,230 shares during the period. State of Wyoming acquired a new stake in shares of Mach Natural Resources during the first quarter worth $108,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Mach Natural Resources by 208.5% during the second quarter. Osaic Holdings Inc. now owns 8,302 shares of the company’s stock worth $120,000 after purchasing an additional 5,611 shares during the period. 78.36% of the stock is owned by institutional investors and hedge funds.

Mach Natural Resources Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Mach Natural Resources (NYSE:MNR)

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