William Blair Begins Coverage on Mach Natural Resources (NYSE:MNR)

Key Points

• William Blair has initiated coverage on Mach Natural Resources with an "outperform" rating, following various ratings from other analysts which include one "strong buy" and three "buy" ratings.
• Mach Natural Resources reported a quarterly EPS of $0.76, exceeding estimates, and achieved a revenue of $288.52 million against forecasts of $237.56 million.
• Insider trading activity shows that Director William Wallace Mcmullen purchased 144,900 shares of the company, indicating confidence in the stock's future performance.

William Blair began coverage on shares of Mach Natural Resources (NYSE:MNR - Free Report) in a report released on Monday, Marketbeat.com reports. The brokerage issued an outperform rating on the stock. William Blair also issued estimates for Mach Natural Resources' Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $2.08 EPS, FY2026 earnings at $1.63 EPS, FY2027 earnings at $2.02 EPS, FY2028 earnings at $2.08 EPS and FY2029 earnings at $2.02 EPS.

Several other research analysts also recently commented on MNR. Wall Street Zen downgraded Mach Natural Resources from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Mach Natural Resources in a research note on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to MarketBeat.com, Mach Natural Resources currently has a consensus rating of "Buy" and an average price target of $23.00.

Mach Natural Resources Price Performance

NYSE MNR traded down $0.01 during mid-day trading on Monday, hitting $14.26. The stock had a trading volume of 285,234 shares, compared to its average volume of 283,457. The firm's 50 day moving average is $14.59 and its 200 day moving average is $14.40. Mach Natural Resources has a twelve month low of $12.40 and a twelve month high of $19.34. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.79 and a quick ratio of 0.69. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 7.35 and a beta of -0.07.

Mach Natural Resources (NYSE:MNR - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.53 by $0.23. Mach Natural Resources had a return on equity of 23.23% and a net margin of 20.83%.The firm had revenue of $288.52 million during the quarter, compared to the consensus estimate of $237.56 million. Equities research analysts forecast that Mach Natural Resources will post 1.95 earnings per share for the current fiscal year.

Mach Natural Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 10.7%. Mach Natural Resources's dividend payout ratio (DPR) is 78.35%.

Insider Activity

In other Mach Natural Resources news, Director William Wallace Mcmullen purchased 3,085 shares of the stock in a transaction dated Monday, August 11th. The stock was acquired at an average cost of $14.39 per share, for a total transaction of $44,393.15. Following the acquisition, the director owned 74,816,024 shares in the company, valued at $1,076,602,585.36. This trade represents a 0.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders acquired 528,614 shares of company stock valued at $7,633,031. 87.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Mach Natural Resources

Hedge funds have recently modified their holdings of the business. Parallel Advisors LLC grew its holdings in shares of Mach Natural Resources by 100.0% during the 1st quarter. Parallel Advisors LLC now owns 2,000 shares of the company's stock worth $31,000 after purchasing an additional 1,000 shares during the period. Chung Wu Investment Group LLC purchased a new position in shares of Mach Natural Resources during the 2nd quarter worth $38,000. Cooksen Wealth LLC grew its holdings in shares of Mach Natural Resources by 87.5% during the 2nd quarter. Cooksen Wealth LLC now owns 2,635 shares of the company's stock worth $38,000 after purchasing an additional 1,230 shares during the period. State of Wyoming purchased a new position in shares of Mach Natural Resources during the 1st quarter worth $108,000. Finally, Hudson Valley Investment Advisors Inc. ADV purchased a new position in shares of Mach Natural Resources during the 2nd quarter worth $144,000. 78.36% of the stock is currently owned by hedge funds and other institutional investors.

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.