Truist initiated coverage on Mach Natural Resources with a new price target
$MNR
Oil & Gas Production
Energy
Truist initiated coverage of Mach Natural Resources with a rating of Buy and set a new price target of $23.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/18/2024 | $21.00 | Buy | Stifel |
| 12/6/2024 | $23.00 | Buy | Truist |
| 11/28/2023 | $27.00 | Buy | Johnson Rice |
| 11/20/2023 | $24.00 | Overweight | Stephens |
| 11/20/2023 | $31.00 | Buy | Stifel |
| 11/20/2023 | $23.00 | Strong Buy | Raymond James |
| 9/1/2021 | $17.00 → $19.00 | Sector Perform | RBC Capital |
| 7/22/2021 | $18.88 → $21.50 | Neutral → Buy | Compass Point |
Mach Natural Resources LP (NYSE:MNR) ("Mach" or the "Company") announced today that the board of directors of its general partner declared a quarterly cash distribution for the fourth quarter of 2024 of $0.50 per unit. The quarterly cash distribution is to be paid on March 13, 2025, to the Company's unitholders of record as of the close of trading on February 27, 2025. About Mach Natural Resources LP Mach Natural Resources LP is an independent upstream oil and gas Company focused on the acquisition, development and production of oil, natural gas and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas and the panhandle of Texas. For more information, please v
Mach Natural Resources LP (NYSE:MNR) ("Mach") announced today that the underwriters of its previously announced public offering (the "Offering") of 12,903,226 common units representing limited partner interests in Mach (the "common units") have fully exercised their option to purchase an additional 1,935,483 common units at a price to the public of $15.50 per common unit, less underwriting discounts and commissions (the "Option"). The Option closed on February 12, 2025. Mach intends to use the net proceeds to repay in full the approximately $23.0 million of borrowings outstanding under its super priority credit facility, and the remainder to repay a portion of its term loan credit facilit
Mach Natural Resources LP ("Mach") announced today the pricing of its public offering (the "Offering") of 12,903,226 common units representing limited partner interests in Mach (the "common units") at a price to the public of $15.50 per common unit. Mach has granted the underwriters an option to purchase up to an additional 1,935,483 common units at the public offering price, less underwriting discounts and commissions. Mach expects to receive net proceeds of approximately $192.5 million, after deducting underwriting discounts and commissions and estimated offering expenses and excluding any exercise of the underwriters' option to purchase additional common units. Mach intends to use the ne
Urges Board to Create a Special Committee to Ensure Objectivity Announces Intention to Nominate Four Exceptional Director Candidates to the Board NEW YORK, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm that owns approximately 4% of the outstanding shares of common stock of Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”), today announced its support for the strategic alternatives process announced by Monmouth, while demanding the Board of Directors (the “Board”) create a Special Committee of independent directors, unaffiliated with the Landy family. Jas
HOLMDEL, N.J., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) (“Monmouth” or the “Company”) today announced that its Board of Directors (the “Board”), working together with its legal and financial advisors, has unanimously decided to explore strategic alternatives to maximize stockholder value. The Board intends to consider the full range of available alternatives including a potential sale or merger of the Company. Monmouth has retained J.P. Morgan to work collaboratively with CS Capital Advisors to assist and advise the Board in its strategic review. The Company noted that there can be no assurance that the exploration of strategic alternatives
HOLMDEL, N.J, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”) today announced that its Board of Directors declared a quarterly dividend of $0.18 per share of common stock, which represents a 5.9% increase over the previous quarterly dividend of $0.17 per share and an annualized dividend rate of $0.72 per share. This dividend is payable on March 15, 2021 to stockholders of record as of the close of business on February 16, 2021. Also on January 14, 2021, the Board of Directors declared a dividend for the period December 1, 2020 through February 28, 2021 of $0.3828125 per share on the Company’s 6.125% Series C Cumulative
Mach Natural Resources LP (NYSE:MNR) ("Mach" or the "Company") announced today that it will report third-quarter 2024 results on Tuesday, November 12, 2024, after the close of trading on the New York Stock Exchange. The earnings release for the third-quarter 2024 results will be available on the Company's website at https://ir.machnr.com. The Company will host a conference call to discuss its third quarter 2024 financial and operating results at 8:00 a.m. Central (9:00 a.m. Eastern) on Wednesday, November 13, 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 https://ir.machnr.com. A
Mach Natural Resources LP (NYSE:MNR) ("Mach" or the "Company") today reported financial and operating results for the three months ended June 30, 2024. The Company also announced its quarterly cash distribution and updated its full year 2024 outlook. Second Quarter 2024 Highlights Averaged total net production of 89.3 thousand barrels of oil equivalent per day ("Mboe/d") exceeded the high-end of guidance Produced an average of 20.9 thousand barrels of oil per day ("MBbl/d") Lease operating expense of $5.72 per barrel of oil equivalent ("Boe") was below the low-end of guidance Reported net income and Adjusted EBITDA of $40 million and $136 million, respectively Generated net
Mach Natural Resources LP (NYSE:MNR) ("Mach" or the "Company") announced today that it will report second quarter 2024 results on Tuesday, August 13, 2024, after the close of trading on the New York Stock Exchange. The earnings release for the second quarter 2024 results will be available on the Company's website at www.ir.machnr.com. The Company will host a conference call to discuss its second quarter 2024 financial and operating results at 8:00 a.m. Central (9:00 a.m. Eastern) on Wednesday, August 14, 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 www.ir.machnr.com. A replay w
4 - MACH NATURAL RESOURCES LP (0001980088) (Issuer)
4 - MACH NATURAL RESOURCES LP (0001980088) (Issuer)
4 - MACH NATURAL RESOURCES LP (0001980088) (Issuer)
Stifel resumed coverage of Mach Natural Resources with a rating of Buy and set a new price target of $21.00
Truist initiated coverage of Mach Natural Resources with a rating of Buy and set a new price target of $23.00
Johnson Rice initiated coverage of Mach Natural Resources with a rating of Buy and set a new price target of $27.00
SC 13G - MACH NATURAL RESOURCES LP (0001980088) (Subject)
SC 13G - MONMOUTH REAL ESTATE INVESTMENT CORP (0000067625) (Subject)
SC 13G/A - MONMOUTH REAL ESTATE INVESTMENT CORP (0000067625) (Subject)
4 - MACH NATURAL RESOURCES LP (0001980088) (Issuer)
4 - MACH NATURAL RESOURCES LP (0001980088) (Issuer)
4 - MACH NATURAL RESOURCES LP (0001980088) (Issuer)
8-K - MACH NATURAL RESOURCES LP (0001980088) (Filer)
424B5 - MACH NATURAL RESOURCES LP (0001980088) (Filer)
424B5 - MACH NATURAL RESOURCES LP (0001980088) (Filer)