MNR Stock Recent News

OKLAHOMA CITY--(BUSINESS WIRE)--Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) announced today that it will host a conference call to discuss its full-year 2023 financial and operating results, as well as the Company's 2024 guidance, at 8 a.m. Central (9 a.m. Eastern) Monday, April 1, 2024. Participants can access the conference call by dialing 877-407-2984. A webcast link to the conference call will be provided on the Company's website at ir.machnr.com. A replay will also be a.

Mach Natural Resources reported quarterly results impacted by macroeconomic pressures, but is expected to boost profitability through acquisitions and demand in the market. The company's recent acquisition of interests in oil and gas properties in Oklahoma are expected to accelerate growth and capture market demand. The company can grow in the future as the demand dynamics are positive in the industry and the company has expanded its production capabilities by acquiring additional interest in Anadarko.

OKLAHOMA CITY , Nov. 29, 2023 /PRNewswire/ -- Mach Natural Resources LP (NYSE: MNR) (the "Company") will release its third quarter 2023 results after the close of trading on the New York Stock Exchange on Wednesday, December 6, 2023. The Company will host a conference call at 8:00 a.m.

Mach Natural Resources LP announced on Monday that it will buy certain oil and gas assets in the Anadarko Basin in Oklahoma from privately held Paloma Partners for $815 million in cash.  Mach said the assets have reserves of 31.5 million barrels of oil equivalent (mmboe) and will boost its existing production of about 65,000 barrels of oil equivalent per day (boepd) by roughly 32,000 boepd.

Mach Natural Resources, an oil and gas operator in the Anadarko basin, has priced its upcoming IPO onto the New York Stock Exchange which will raise $171.7 million of net proceeds. The offering is arranged by brokers Stifel and Raymond James and it sees 10 million common units priced at $19.00 each.

Both the calendar and the pipeline saw some movement this past week. Two large IPOs launched, one of which also priced, and two sizable deals submitted new filings. Eight IPOs submitted initial filings, led by three sizable names. Mach Natural Resources is currently the only IPO scheduled for the week ahead, although some small issuers may join the calendar late.

Mach Natural Resources LP has filed for an IPO to raise $200 million in gross proceeds from the sale of its common stock units. The company operates as an upstream oil & gas exploration company in the Anadarko Basin in the U.S. The company's strong market position and expected first-year distribution return make it an interesting investment opportunity.

Mach Natural Resources wants to debut its shares in an initial public offering (IPO) on the New York Stock Exchange under the ticker symbol “MNR,” according to a September 22 regulatory filing with the U.S. Securities and Exchange Commission (SEC).