What is William Blair's Forecast for MNR FY2026 Earnings?

Key Points

• William Blair has downgraded its FY2026 earnings per share (EPS) estimate for Mach Natural Resources from $1.63 to $1.05, while maintaining an "Outperform" rating for the stock.
• Analyst consensus for Mach Natural Resources' full-year earnings is currently $1.95 per share, with future estimates at $1.43 for FY2027 and $1.56 for FY2028.
• The company recently declared a quarterly dividend of $0.38 per share, which translates to an annualized yield of 11.2%.

Mach Natural Resources LP (NYSE:MNR - Free Report) - Equities researchers at William Blair dropped their FY2026 earnings per share estimates for Mach Natural Resources in a report released on Wednesday, September 17th. William Blair analyst N. Dingmann now forecasts that the company will post earnings per share of $1.05 for the year, down from their prior estimate of $1.63. William Blair has a "Outperform" rating on the stock. The consensus estimate for Mach Natural Resources' current full-year earnings is $1.95 per share. William Blair also issued estimates for Mach Natural Resources' FY2027 earnings at $1.43 EPS, FY2028 earnings at $1.56 EPS and FY2029 earnings at $1.53 EPS.

Mach Natural Resources (NYSE:MNR - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.23. The firm had revenue of $288.52 million during the quarter, compared to analyst estimates of $237.56 million. Mach Natural Resources had a return on equity of 23.23% and a net margin of 20.83%.

A number of other analysts also recently issued reports on MNR. KeyCorp started coverage on Mach Natural Resources in a report on Wednesday, August 27th. They set an "overweight" rating for the company. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Mach Natural Resources in a report on Monday, July 14th. Zacks Research raised Mach Natural Resources from a "strong sell" rating to a "hold" rating in a report on Friday, September 12th. Finally, Wall Street Zen downgraded Mach Natural Resources from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Mach Natural Resources has an average rating of "Buy" and a consensus target price of $23.00.

Mach Natural Resources Stock Down 3.2%

NYSE MNR traded down $0.43 during trading on Friday, reaching $13.11. 369,579 shares of the company's stock were exchanged, compared to its average volume of 211,298. The stock has a market cap of $1.55 billion, a P/E ratio of 6.76 and a beta of -0.07. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.69 and a current ratio of 0.79. The company has a 50 day moving average price of $14.33 and a two-hundred day moving average price of $14.22. Mach Natural Resources has a 1 year low of $12.40 and a 1 year high of $19.00.

Institutional Trading of Mach Natural Resources

Institutional investors and hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC lifted its holdings in shares of Mach Natural Resources by 100.0% in the 1st quarter. Parallel Advisors LLC now owns 2,000 shares of the company's stock valued at $31,000 after purchasing an additional 1,000 shares during the last quarter. Chung Wu Investment Group LLC purchased a new stake in shares of Mach Natural Resources in the 2nd quarter valued at about $38,000. Cooksen Wealth LLC lifted its holdings in shares of Mach Natural Resources by 87.5% in the 2nd quarter. Cooksen Wealth LLC now owns 2,635 shares of the company's stock valued at $38,000 after purchasing an additional 1,230 shares during the last quarter. State of Wyoming purchased a new stake in shares of Mach Natural Resources in the 1st quarter valued at about $108,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Mach Natural Resources by 208.5% in the 2nd quarter. Osaic Holdings Inc. now owns 8,302 shares of the company's stock valued at $120,000 after purchasing an additional 5,611 shares during the last quarter. 78.36% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Mach Natural Resources

In other news, Director William Wallace Mcmullen bought 3,085 shares of Mach Natural Resources stock in a transaction dated Monday, August 11th. The stock was acquired at an average cost of $14.39 per share, with a total value of $44,393.15. Following the acquisition, the director owned 74,816,024 shares of the company's stock, valued at approximately $1,076,602,585.36. This trade represents a 0.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 87.80% of the company's stock.

Mach Natural Resources Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 11.6%. The ex-dividend date of this dividend was Thursday, August 21st. Mach Natural Resources's payout ratio is presently 78.35%.

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.