Q3 Earnings Estimate for MNR Issued By Northland Securities

Key Points

• Northland Securities raised Mach Natural Resources’ Q3 2026 EPS estimate to $0.32 from $0.26. The firm projects $0.35 EPS for Q4 2026, $1.80 for FY2026 and $1.35 for FY2027.
• Analyst sentiment is generally positive, with an average rating of “Moderate Buy” and a consensus price target of $16.67, compared with the stock’s recent price of $10.67.
• Mach Natural Resources reduced its quarterly dividend to $0.36 from $0.64, resulting in a 13.5% annualized yield; its payout ratio is elevated at 244.07%. Insiders have bought roughly $2.39 million of shares over the past 90 days.

Mach Natural Resources LP (NYSE:MNR - Free Report) - Equities researchers at Northland Securities increased their Q3 2026 EPS estimates for Mach Natural Resources in a report issued on Tuesday, October 20th. Northland Securities analyst J. Grampp now expects that the company will post earnings of $0.32 per share for the quarter, up from their prior estimate of $0.26. The consensus estimate for Mach Natural Resources' current full-year earnings is $1.80 per share. Northland Securities also issued estimates for Mach Natural Resources' Q4 2026 earnings at $0.35 EPS, FY2026 earnings at $1.80 EPS and FY2027 earnings at $1.35 EPS.

A number of other analysts have also commented on MNR. Wall Street Zen upgraded shares of Mach Natural Resources from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Stephens set a $20.00 price target on shares of Mach Natural Resources in a research report on Monday, July 13th. Capital One Financial assumed coverage on shares of Mach Natural Resources in a research note on Friday, September 4th. They issued an "overweight" rating and a $16.00 price target on the stock. Stifel Nicolaus assumed coverage on shares of Mach Natural Resources in a research note on Thursday, September 10th. They set a "buy" rating and a $15.00 price target on the stock. Finally, Weiss Ratings downgraded Mach Natural Resources from a "hold (c)" rating to a "hold (c-)" rating in a research report on Wednesday, September 16th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, Mach Natural Resources has an average rating of "Moderate Buy" and a consensus price target of $16.67.

Mach Natural Resources Stock Performance

Mach Natural Resources stock opened at $10.67 on Thursday. The firm has a market cap of $1.78 billion, a P/E ratio of 18.08 and a beta of -0.22. The company has a current ratio of 0.88, a quick ratio of 0.76 and a debt-to-equity ratio of 0.63. The firm has a 50-day moving average of $11.58 and a 200-day moving average of $12.66. Mach Natural Resources has a 1-year low of $10.15 and a 1-year high of $15.02.

Mach Natural Resources Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were issued a dividend of $0.36 per share. This is a decrease from Mach Natural Resources's previous quarterly dividend of $0.64. This represents a $1.44 dividend on an annualized basis and a yield of 13.5%. The ex-dividend date was Monday, August 17th. Mach Natural Resources's dividend payout ratio (DPR) is currently 244.07%.

Insider Transactions at Mach Natural Resources

In other Mach Natural Resources news, insider Tom L. Ward bought 172,413 shares of Mach Natural Resources stock in a transaction that occurred on Monday, September 14th. The shares were bought at an average cost of $11.60 per share, with a total value of $1,999,990.80. Following the transaction, the insider directly owned 13,467,452 shares of the company's stock, valued at approximately $156,222,443.20. This represents a 1.30% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William McMullen purchased 12,390 shares of the firm's stock in a transaction on Tuesday, September 15th. The stock was acquired at an average price of $11.30 per share, with a total value of $140,007.00. Following the completion of the purchase, the director owned 74,872,307 shares of the company's stock, valued at $846,057,069.10. The trade was a 0.02% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 206,927 shares of company stock worth $2,388,893. 87.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Mach Natural Resources

Hedge funds have recently modified their holdings of the stock. CENTRAL TRUST Co raised its position in shares of Mach Natural Resources by 384.7% in the 1st quarter. CENTRAL TRUST Co now owns 4,992 shares of the company's stock valued at $70,000 after purchasing an additional 3,962 shares during the last quarter. Royal Bank of Canada increased its stake in Mach Natural Resources by 42.8% during the 1st quarter. Royal Bank of Canada now owns 13,882 shares of the company's stock valued at $194,000 after purchasing an additional 4,164 shares in the last quarter. Avior Wealth Management LLC acquired a new position in Mach Natural Resources during the 2nd quarter valued at approximately $253,000. Novem Group raised its holdings in shares of Mach Natural Resources by 25.0% in the third quarter. Novem Group now owns 30,000 shares of the company's stock worth $307,000 after buying an additional 6,000 shares during the last quarter. Finally, Wedbush Securities Inc. raised its holdings in shares of Mach Natural Resources by 3.2% in the second quarter. Wedbush Securities Inc. now owns 29,167 shares of the company's stock worth $369,000 after buying an additional 913 shares during the last quarter. Institutional investors and hedge funds own 78.36% of the company's stock.

About Mach Natural Resources

Mach Natural Resources LP is an independent oil and natural gas company focused on the acquisition, development and production of oil, natural gas and natural gas liquids. The company's operations are concentrated in the Anadarko Basin of the Mid-Continent region.

Mach's assets are primarily located in Western Oklahoma, with additional interests in surrounding areas of the Anadarko Basin, including parts of the Texas Panhandle and southern Kansas. Its activities include drilling and completing wells, operating producing properties and managing associated gathering and processing infrastructure.

The company was formed by Mach Resources and its affiliates and became a publicly traded limited partnership in 2023.

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