MNR
Mach Natural Resources LP
NYSEUSDEQUITY
Energy
DELAYED
Last price
12.71
▲ 0.10 (0.79%)
MARKET · —
Price
Open
12.61
Prev close
12.61
Day high
12.82
Day low
12.57
Volume
322.17K
Market cap
$2.12B
P/E (TTM)
23.11
52W range
10.46 – 15.02
Trailing performance
Returnvs SPY
1W
-2.31%
-0.9%
1M
-5.71%
-9.4%
3M
-10.11%
-13.2%
6M
-6.68%
-17.7%
YTD
+15.13%
+2.8%
1Y
-8.82%
-28.8%
3Y
—
-74.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$2.12B
Enterprise value$3.27B
Revenue (TTM)$1.30B
Gross profit$707.05M
EBITDA$643.65M
Net income$100.61M
EPS (TTM)$0.55
Free cash flow$-303.06M
Total cash$41.19M
Total debt$1.19B
Book value / share$11.05
Shares outstanding166.95M
Float62.21M
Short % of float1.33%
Dividend yield14.16%
Beta (5Y)-0.45
Valuation & profitability ratios
Trailing P/E23.11
Forward P/E9.54
PEG ratio—
Price / sales—
Price / book1.15
EV / revenue2.52
EV / EBITDA5.08
Gross margin54.46%
Operating margin33.65%
Profit margin7.75%
Return on equity6.25%
Return on assets4.05%
Debt / equity64.62
Current ratio0.88
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $1.18B | $969.63M | $762.31M | $0 |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $142.98M | $185.18M | $346.56M | $516.84M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $142.98M | $185.18M | $346.56M | $516.84M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.38 | 0.58 | +53.4% |
| Mar 2026 | 0.47 | -0.21 | -144.9% |
| Dec 2025 | 0.27 | 0.50 | +85.2% |
| Sep 2025 | 0.32 | -0.28 | -186.6% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.23 | 2 | $338.52M | +24.2% |
| Next quarter | 0.34 | 2 | $361.40M | -6.8% |
| Current year | 1.26 | 4 | $1.42B | +21.1% |
| Next year | 1.33 | 4 | $1.42B | -0.1% |
Analyst targets & ownership
Mean target$17.57
High target$20.00
Low target$14.00
Implied upside38.25%
Analyst count7
ConsensusSTRONG BUY
Strong buy / Buy0 / 6
Hold2
Sell / Strong sell0 / 0
Held by insiders23.77%
Held by institutions60.97%
Institutions holding78
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
-5.39M
Net selling
Buy transactions
3
164.54K shares
Sell transactions
1
5.56M shares
Net transactions
+4
Buys less sells
Sell : buy shares
33.8 : 1
Heavily one-sided
Insider-held shares
39.69M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Apr 13, 26 | WARD TOM L Officer, Director and Beneficial Owner |
BUY | 153.26K | $2.00M | Indirect |
| Apr 8, 26 | IKAV GENERAL PARTNER S.A R.L. Beneficial Owner of more than 10% of a Class of Security |
SELL | 5.56M | $71.19M | Indirect |
| Mar 23, 26 | MCMULLEN WILLIAM WALLACE Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 9.29K | $128.80K | Indirect |
| Mar 20, 26 | BURN CHRISTOPHER Director |
BUY | 2.00K | $27.92K | Direct |
| Feb 9, 26 | WHITE KEVIN R Officer |
STOCK | 11.89K | $150.00K | Direct |
| Feb 9, 26 | REEL MICHAEL E Officer |
STOCK | 5.15K | $65.01K | Direct |
| Dec 31, 25 | BURN CHRISTOPHER Director |
STOCK | 13.59K | $150.00K | Direct |
| Dec 9, 25 | MCMULLEN WILLIAM WALLACE Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 30.00K | $372.23K | Indirect |
| Nov 26, 25 | WARD TOM L Officer, Director and Beneficial Owner |
BUY | 40.00K | $465.20K | Indirect |
| Nov 25, 25 | WARD TOM L Officer, Director and Beneficial Owner |
BUY | 43.66K | $499.91K | Indirect |
| Nov 17, 25 | WARD TOM L Officer, Director and Beneficial Owner |
BUY | 83.37K | $1.00M | Indirect |
| Nov 14, 25 | MCMULLEN WILLIAM WALLACE Director and Beneficial Owner of more than 10% of a Class of Security |
BUY | 4.61K | $54.60K | Indirect |
| Oct 28, 25 | KEATING FRANCIS A Director |
STOCK | 12.04K | $150.01K | Direct |
| Oct 28, 25 | GIESINGER EDGAR R JR Director |
STOCK | 12.04K | $150.01K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BURN CHRISTOPHER |
Director | 15.59K | Purchase |
GIESINGER EDGAR R JR |
Director | 29.11K | Stock Award(Grant) |
IKAV GENERAL PARTNER S.A R.L. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
KEATING FRANCIS A |
Director | 29.11K | Stock Award(Grant) |
MCMULLEN WILLIAM WALLACE |
Director and Beneficial Owner of more than 10% of a Class of Security | — | Purchase |
PERICH STEPHEN C |
Director | 29.11K | Stock Award(Grant) |
REEL MICHAEL E |
Officer | 85.82K | Stock Award(Grant) |
WARD TOM L |
Officer, Director and Beneficial Owner | — | Purchase |
WHITE KEVIN R |
Officer | 455.87K | Stock Award(Grant) |
Moving averages & technicals
SMA 10
12.86
-1.18% from price
SMA 20
13.11
-3.02% from price
SMA 50
12.96
-1.94% from price
SMA 100
13.25
-4.04% from price
SMA 200
12.74
-0.22% from price
EMA 12
12.87
-1.23% from price
EMA 26
13.00
-2.24% from price
EMA 50
13.08
-2.83% from price
RSI (14)
40.3
Neutral
MACD (12,26,9)
-0.13
Hist -0.07
ATR (14)
0.31
2.43% of price
Realised vol 30D
18.7%
Annualised
Bollinger upper
13.74
20, 2σ
Bollinger lower
12.47
20, 2σ
50 / 200 cross
Golden
12.96 vs 12.74
Trend bias
Below 200
-0.22%
Risk profile
Beta vs SPY
0.01
Less volatile than market
Correlation to SPY
0.00
Largely independent
Realised vol 30D
18.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-24.3%
Peak to trough
Max drawdown 5Y
-48.5%
Peak to trough
ATR 14
0.31
2.43% of price
Beta (reported)
-0.45
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.14
Call-heavy session
Put / call open interest
0.17
Positioning, not flow
Max pain
2.50
-80.3% from spot
ATM implied vol
45.9%
Nearest strike to spot
Skew (10% OTM)
+20.1%
Puts bid over calls
Call volume
78
Contracts, this expiry
Put volume
11
Contracts, this expiry
Heaviest call OI
2.50
61 contracts
Heaviest put OI
10.00
10 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Mach Natural Resources LP's Dividend Analysis
GuruFocus.com · 5d ago
Mach Natural Resources (MNR) Q2 2026 Earnings Call Transcript
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Simply Wall St. · 13d ago
Mach Natural Resources (MNR) Stock May Look Stretched On Updated 2026 Outlook
Simply Wall St. · 14d ago
Mach Natural Resources Q2 Earnings Call Highlights
MarketBeat · 14d ago
Mach Natural Resources LP (MNR) (Q2 2026) Earnings Call Highlights: Strategic Capital ...
GuruFocus.com · 15d ago
Mach Natural Resources LP Q2 2026 Earnings Call Summary
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Mach Natural Resources LP (MNR) Reports Q2 Earnings: What Key Metrics Have to Say
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PRIVATE STRATEGY · BY QUALIFICATION
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