Mach Natural Resources (NYSE:MNR) Director William Wallace Mcmullen Acquires 2,500 Shares of Stock

Mach Natural Resources LP (NYSE:MNR) Director William Wallace Mcmullen purchased 2,500 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was acquired at an average cost of $14.00 per share, with a total value of $35,000.00. Following the transaction, the director directly owned 74,856,702 shares in the company, valued at $1,047,993,828. This trade represents a 0.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

William Wallace Mcmullen also recently made the following trade(s):

• On Monday, March 23rd, William Wallace Mcmullen acquired 3,215 shares of Mach Natural Resources stock. The shares were bought at an average cost of $13.63 per share, for a total transaction of $43,820.45.
• On Thursday, March 19th, William Wallace Mcmullen acquired 3,570 shares of Mach Natural Resources stock. The shares were bought at an average cost of $14.00 per share, for a total transaction of $49,980.00.

Mach Natural Resources Stock Down 0.4%

Shares of NYSE MNR opened at $13.75 on Tuesday. The stock has a market cap of $2.31 billion, a P/E ratio of 12.28 and a beta of -0.24. The business’s fifty day simple moving average is $12.60 and its 200-day simple moving average is $12.33. Mach Natural Resources LP has a 12-month low of $10.46 and a 12-month high of $15.91. The company has a current ratio of 1.05, a quick ratio of 0.93 and a debt-to-equity ratio of 0.58.

Mach Natural Resources (NYSE:MNR) last released its earnings results on Thursday, March 12th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.26 by $0.17. Mach Natural Resources had a return on equity of 16.91% and a net margin of 12.16%.The firm had revenue of $387.54 million during the quarter, compared to analysts’ expectations of $357.31 million. As a group, equities analysts predict that Mach Natural Resources LP will post 1.95 EPS for the current fiscal year.

Mach Natural Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, February 26th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 15.4%. The ex-dividend date was Thursday, February 26th. This is a boost from Mach Natural Resources’s previous quarterly dividend of $0.27. Mach Natural Resources’s dividend payout ratio (DPR) is 189.29%.

Analysts Set New Price Targets

Several analysts recently weighed in on MNR shares. Weiss Ratings raised shares of Mach Natural Resources from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 16th. Wall Street Zen upgraded shares of Mach Natural Resources from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research raised shares of Mach Natural Resources from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Stifel Nicolaus reduced their price objective on shares of Mach Natural Resources from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday, January 6th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Mach Natural Resources in a research report on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Mach Natural Resources presently has an average rating of “Moderate Buy” and a consensus target price of $20.00.

More Mach Natural Resources News

Here are the key news stories impacting Mach Natural Resources this week:

• Positive Sentiment: Director William Wallace McMullen made several open-market buys between Mar 19–23 (3,570 @ $14.00, 2,500 @ $14.00 and 3,215 @ $13.63), totaling ~9,285 shares (~$129k). The buys signal insider confidence, though they are small relative to his ~74.85M-share position. SEC Filing for W. W. McMullen
• Positive Sentiment: Director Christopher Burn purchased 1,000 shares on Mar 19 at ~$14.07, a ~7.36% increase in his personal stake — a smaller-dollar but more meaningful ownership increase for that director. SEC Filing for C. Burn
• Positive Sentiment: Coverage note — TipRanks summarized the recent insider activity as “bold moves,” highlighting the cluster of purchases that can be read as management signaling confidence in the business. Insiders Make Bold Moves on Mach Natural Resources LP Stock
• Neutral Sentiment: Analyst action — Truist initiated a Hold on MNR, citing a balanced risk/reward where valuation already reflects “distressed-asset MLP” upside; that tempering view can limit near-term analyst-driven buying. Balanced Risk/Reward Keeps Mach Natural Resources at Hold

Institutional Investors Weigh In On Mach Natural Resources

A number of institutional investors and hedge funds have recently bought and sold shares of MNR. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Mach Natural Resources in the fourth quarter valued at $42,000. Alpine Global Management LLC purchased a new stake in shares of Mach Natural Resources in the 4th quarter valued at about $178,000. Invesco Ltd. lifted its holdings in shares of Mach Natural Resources by 34.0% in the 4th quarter. Invesco Ltd. now owns 187,723 shares of the company’s stock valued at $2,072,000 after purchasing an additional 47,626 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Mach Natural Resources by 9.7% in the 4th quarter. Empowered Funds LLC now owns 64,749 shares of the company’s stock valued at $715,000 after purchasing an additional 5,734 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in shares of Mach Natural Resources in the 4th quarter valued at about $121,000. 78.36% of the stock is owned by hedge funds and other institutional investors.

About Mach Natural Resources

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.