What is Northland Securities’ Forecast for MNR Q3 Earnings?

Mach Natural Resources LP (NYSE:MNR) – Research analysts at Northland Securities raised their Q3 2026 earnings estimates for shares of Mach Natural Resources in a research note issued to investors on Tuesday, October 20th. Northland Securities analyst J. Grampp now forecasts that the company will earn $0.32 per share for the quarter, up from their previous 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.

Other equities analysts have also recently issued research reports about the company. Raymond James Financial decreased their price objective on Mach Natural Resources from $19.00 to $16.00 and set a “strong-buy” rating for the company in a report on Tuesday, September 29th. Stephens set a $20.00 target price on shares of Mach Natural Resources in a report on Monday, July 13th. Stifel Nicolaus assumed coverage on Mach Natural Resources in a report on Thursday, September 10th. They issued a “buy” rating and a $15.00 price target for the company. Weiss Ratings downgraded Mach Natural Resources from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, September 16th. Finally, Wall Street Zen raised Mach Natural Resources from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $16.67.

Mach Natural Resources Trading Down 0.8%

NYSE MNR opened at $10.67 on Thursday. The company has a fifty day moving average of $11.58 and a 200 day moving average of $12.66. The company has a market capitalization of $1.78 billion, a PE ratio of 18.08 and a beta of -0.22. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.88 and a quick ratio of 0.76. 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 company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a dividend of $0.36 per share. This is a decrease from Mach Natural Resources’s previous quarterly dividend of $0.64. The ex-dividend date was Monday, August 17th. This represents a $1.44 annualized dividend and a yield of 13.5%. Mach Natural Resources’s dividend payout ratio (DPR) is presently 244.07%.

Insider Buying and Selling

In other news, Director William McMullen purchased 22,124 shares of the stock in a transaction dated Tuesday, September 15th. The shares were purchased at an average cost of $11.25 per share, with a total value of $248,895.00. Following the completion of the purchase, the director directly owned 22,124 shares of the company’s stock, valued at approximately $248,895. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Tom L. Ward acquired 172,413 shares of Mach Natural Resources stock in a transaction that occurred on Monday, September 14th. The stock was purchased at an average cost of $11.60 per share, with a total value of $1,999,990.80. Following the completion of the purchase, the insider owned 13,467,452 shares in the company, valued at $156,222,443.20. The trade was a 1.30% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 206,927 shares of company stock valued at $2,388,893 in the last three months. Insiders own 87.80% of the company’s stock.

Institutional Investors Weigh In On Mach Natural Resources

A number of large investors have recently modified their holdings of the business. Novem Group lifted its stake 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 in the last quarter. Tidal Investments LLC grew its stake in Mach Natural Resources by 94.7% during the 2nd quarter. Tidal Investments LLC now owns 41,112 shares of the company’s stock valued at $520,000 after acquiring an additional 19,997 shares in the last quarter. Wedbush Securities Inc. raised its holdings in Mach Natural Resources by 3.2% in the 2nd quarter. Wedbush Securities Inc. now owns 29,167 shares of the company’s stock valued at $369,000 after acquiring an additional 913 shares during the last quarter. Pin Oak Investment Advisors Inc. purchased a new position in Mach Natural Resources in the 2nd quarter worth approximately $3,064,000. Finally, Avior Wealth Management LLC purchased a new position in Mach Natural Resources in the 2nd quarter worth approximately $253,000. Hedge funds and other institutional investors 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.