Research Analysts Issue Forecasts for MNR Q3 Earnings

Mach Natural Resources LP (NYSE:MNR) – KeyCorp raised their Q3 2026 earnings per share (EPS) estimates for shares of Mach Natural Resources in a note issued to investors on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now expects that the company will post earnings per share of $0.39 for the quarter, up from their prior forecast of $0.37. The consensus estimate for Mach Natural Resources’ current full-year earnings is $1.57 per share. KeyCorp also issued estimates for Mach Natural Resources’ Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.96 EPS, Q2 2027 earnings at $0.20 EPS, Q3 2027 earnings at $0.19 EPS and FY2027 earnings at $1.37 EPS.

Mach Natural Resources (NYSE:MNR) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.51 by $0.23. The company had revenue of $286.00 million during the quarter, compared to analyst estimates of $397.61 million. Mach Natural Resources had a net margin of 7.46% and a return on equity of 18.46%.

Other analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Mach Natural Resources from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Zacks Research cut Mach Natural Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Truist Financial started coverage on Mach Natural Resources in a research note on Tuesday, March 24th. They set a “hold” rating and a $14.00 price objective for the company. Finally, Weiss Ratings cut Mach Natural Resources from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.50.

Mach Natural Resources Stock Performance

MNR opened at $13.45 on Monday. The firm’s fifty day simple moving average is $13.59 and its two-hundred day simple moving average is $12.67. Mach Natural Resources has a 52-week low of $10.46 and a 52-week high of $15.60. The company has a market cap of $2.26 billion, a price-to-earnings ratio of 17.47 and a beta of -0.32. The company has a quick ratio of 0.73, a current ratio of 0.83 and a debt-to-equity ratio of 0.61.

Mach Natural Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were paid a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 19.0%. This is an increase from Mach Natural Resources’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Thursday, May 21st. Mach Natural Resources’s dividend payout ratio is presently 332.47%.

Insiders Place Their Bets

In other news, insider Tom L. Ward acquired 153,256 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The stock was purchased at an average price of $13.05 per share, with a total value of $1,999,990.80. Following the completion of the acquisition, the insider owned 13,295,039 shares of the company’s stock, valued at $173,500,258.95. This trade represents a 1.17% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William Wallace Mcmullen bought 3,570 shares of Mach Natural Resources stock in a transaction on Thursday, March 19th. The shares were purchased at an average cost of $14.00 per share, for a total transaction of $49,980.00. Following the completion of the purchase, the director directly owned 74,854,202 shares of the company’s stock, valued at $1,047,958,828. This trade represents a 0.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 163,541 shares of company stock valued at $2,142,861. Insiders own 87.80% of the company’s stock.

Institutional Investors Weigh In On Mach Natural Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kayne Anderson Capital Advisors LP purchased a new position in Mach Natural Resources during the third quarter worth about $252,892,000. Goldman Sachs Group Inc. grew its position in shares of Mach Natural Resources by 120.5% during the first quarter. Goldman Sachs Group Inc. now owns 3,814,782 shares of the company’s stock worth $59,320,000 after buying an additional 2,084,511 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Mach Natural Resources during the third quarter worth approximately $7,926,000. First Trust Advisors LP purchased a new stake in shares of Mach Natural Resources during the second quarter worth approximately $7,630,000. Finally, Clear Street Group Inc. acquired a new stake in shares of Mach Natural Resources in the 3rd quarter valued at $5,638,000. Hedge funds and other institutional investors own 78.36% of the company’s stock.

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.