Added to YB: 2026-09-30
Pitch date: 2026-09-25
MNR [bullish]
Mach Natural Resources LP
+2.85%
current return
Author Info
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Company Info
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 (NGL) reserves.
Market Cap
$1.7B
Pitch Price
$10.54
Price Target
N/A
Dividend
19.09%
EV/EBITDA
4.40
P/E
16.19
EV/Sales
2.21
Sector
Oil, Gas and Consumable Fuels
Category
value
(Public) Mach Natural Resources - A Buying Opportunity
MNR: Mach Natural Resources’ selloff creates a buying opportunity at $10.52, where enterprise value is below year-end 2025 proved-reserve PV-10 and units trade at ~4.3x trailing adjusted EBITDA; Kayne Anderson’s discounted block was a financial-holder liquidity event, not management selling. Q2 was genuinely weak, however, as cash available for distribution fell to $60.1M, the payout dropped to $0.36 and production declined. The thesis hinges on stabilizing output within management’s sub-50% annual reinvestment framework.
Read full article (5 min)