William Wallace Mcmullen Acquires 3,570 Shares of Mach Natural Resources (NYSE:MNR) Stock

Mach Natural Resources LP (NYSE:MNRGet Free Report) Director William Wallace Mcmullen purchased 3,570 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was bought at an average price of $14.00 per share, for a total transaction of $49,980.00. Following the completion of the transaction, the director directly owned 74,854,202 shares in the company, valued at approximately $1,047,958,828. The trade was a 0.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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 price of $13.63 per share, for a total transaction of $43,820.45.
  • On Friday, March 20th, William Wallace Mcmullen acquired 2,500 shares of Mach Natural Resources stock. The shares were bought at an average cost of $14.00 per share, with a total value of $35,000.00.

Mach Natural Resources Stock Up 1.7%

NYSE MNR opened at $13.97 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.93 and a current ratio of 1.05. The firm has a 50-day simple moving average of $12.65 and a 200 day simple moving average of $12.33. Mach Natural Resources LP has a twelve month low of $10.46 and a twelve month high of $15.91. The stock has a market cap of $2.35 billion, a PE ratio of 12.47 and a beta of -0.24.

Mach Natural Resources (NYSE:MNRGet Free Report) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.17. The firm had revenue of $387.54 million for the quarter, compared to analyst estimates of $357.31 million. Mach Natural Resources had a return on equity of 16.91% and a net margin of 12.16%. On average, research analysts forecast that Mach Natural Resources LP will post 1.95 EPS for the current year.

Mach Natural Resources Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, February 26th were given a dividend of $0.53 per share. This is a boost from Mach Natural Resources’s previous quarterly dividend of $0.27. This represents a $2.12 dividend on an annualized basis and a dividend yield of 15.2%. The ex-dividend date was Thursday, February 26th. Mach Natural Resources’s dividend payout ratio (DPR) is presently 189.29%.

Mach Natural Resources News Summary

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

  • Positive Sentiment: Director William Wallace McMullen made multiple open‑market buys Mar 19–23 totaling about 9,285 shares at roughly $13.63–$14.00, a signal of insider confidence even if the dollar amount is small relative to his large existing stake. Read More.
  • Positive Sentiment: Director Christopher Burn purchased 1,000 shares on Mar 19 at an average $14.07 (a ~7.4% increase in his holding), reinforcing insider buying momentum. Read More.
  • Positive Sentiment: Market commentators (TipRanks) highlighted the cluster of insider purchases as “bold moves,” which can attract investor interest and short‑term buying. Read More.
  • Neutral Sentiment: Truist initiated coverage with a Hold and a $14 price target (roughly at current price), signaling balanced risk/reward and limiting a strong analyst‑driven upside near term. Read More.
  • Neutral Sentiment: The company recently raised its quarterly dividend to $0.53 ($2.12 annualized, ~15% yield) — attractive yield but with a very high payout ratio (~189%), which creates income appeal but also sustainability concerns for investors. Read More.

Institutional Trading of Mach Natural Resources

Several institutional investors have recently bought and sold shares of MNR. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Mach Natural Resources during the fourth quarter worth $42,000. Alpine Global Management LLC bought a new position in shares of Mach Natural Resources during the fourth quarter valued at $178,000. Invesco Ltd. boosted its stake 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 in the last quarter. Empowered Funds LLC boosted its stake 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 in the last quarter. Finally, Cetera Investment Advisers bought a new stake in shares of Mach Natural Resources in the 4th quarter worth about $121,000. Institutional investors and hedge funds own 78.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MNR. Stifel Nicolaus decreased their price target on shares of Mach Natural Resources from $22.00 to $18.00 and set a “buy” rating on the stock in a research note on Tuesday, January 6th. KeyCorp restated a “sector weight” rating on shares of Mach Natural Resources in a research note on Friday, January 16th. Truist Financial began coverage on shares of Mach Natural Resources in a report on Tuesday. They set a “hold” rating and a $14.00 price objective for the company. Wall Street Zen upgraded shares of Mach Natural Resources from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Zacks Research raised shares of Mach Natural Resources from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Mach Natural Resources presently has a consensus rating of “Moderate Buy” and an average price target of $18.50.

Read Our Latest Stock Report on Mach Natural Resources

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. The company was incorporated in 2023 and is headquartered in Oklahoma City, Oklahoma.

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