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OKLAHOMA CITY--(BUSINESS WIRE)--Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) today announced the closing of its previously announced acquisitions of certain interests in oil and gas properties, rights and related assets in the Anadarko Basin of Kansas and the Ardmore Basin of Oklahoma (the “Acquired Assets”). On a combined basis, the Acquired Assets were purchased for a total consideration of $136 million, subject to customary terms and conditions, including various closing p.
OKLAHOMA CITY--(BUSINESS WIRE)--Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) announced today that the underwriters of its previously announced public offering of 7,272,728 common units representing limited partner interests in Mach (the “common units”) have partially exercised their option to purchase an additional 1,018,465 common units at a price to the public of $16.50 per common unit, less underwriting discounts and commissions (the “Option”). The Option closed on Septemb.
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Mach Natural Resources LP (MNR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Mach Natural Resources LP (MNR) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Mach Natural Resources LP (MNR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Mach Natural Resources LP (MNR) Q4 2023 Earnings Call Transcript