Added to YB: 2026-01-12
Pitch date: 2026-01-09
MNR [bullish]
Mach Natural Resources LP
Author Info
HFI Research is a contrarian investment research firm with expertise in the energy sector with a focus on oil and natural gas. Sign up for the newsletter.
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 reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas.
Market Cap
$1.8B
Pitch Price
N/A
Price Target
N/A
Dividend
25.39%
EV/EBITDA
4.86
P/E
11.72
EV/Sales
3.07
Sector
Oil, Gas and Consumable Fuels
Category
value
Why We Bought Mach Natural Resources Equity
MNR: E&P consolidator bought at $10.83, trading 0.9x PV-10 ($3.3B reserves). 151k boe/d by 2026, 71% gas-weighted. Low 46.5% reinvestment rate, conservative 1.3x leverage target. 10.4% FCF yield at $60 WTI/$3.50 gas. Potential double at $85 WTI/$4 gas. Risk: variable distributions, debt paydown priority.
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