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Mach Natural Resources LP - MNR STOCK NEWS

Welcome to our dedicated news page for Mach Natural Resources LP (Ticker: MNR), a resource for investors and traders seeking the latest updates and insights on Mach Natural Resources LP.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mach Natural Resources LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mach Natural Resources LP's position in the market.

Rhea-AI Summary
Mach Natural Resources LP (NYSE: MNR) reported financial results for 2023, including revenue of $762 million and net income of $347 million. The company reaffirmed its 2024 guidance, focusing on maximizing distributions and maintaining low leverage. Mach's proved reserves as of December 31, 2023, include 345,650 MBoe. The company plans to spend $250-275 million in total capital in 2024.
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Rhea-AI Summary
Mach Natural Resources LP (MNR) will host a conference call to discuss its full-year 2023 financial results and 2024 guidance on April 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
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Rhea-AI Summary
Mach Natural Resources LP (MNR) has released its tax packages for the year ended Dec. 31, 2023, for common unitholders. The packages are available online and will be mailed starting March 20, 2024. Unitholders can call for support on weekdays.
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End-of-Day
0.03%
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Rhea-AI Summary
Mach Natural Resources LP (NYSE: MNR) declared a quarterly cash distribution of $0.95 per common unit for Q4 2023. The 2024 guidance includes Net Production, Price Realizations, Operating Expenses, Capital Expenditure, and Derivative Contracts. The company projects steady production levels and provides detailed financial outlook for the upcoming year.
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Rhea-AI Sentiment
End-of-Day
6.03%
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Rhea-AI Summary
Mach Natural Resources LP (NYSE: MNR) closed the acquisition of oil and gas properties in Oklahoma from Paloma Partners IV, LLC. The $825 million term loan credit agreement funded the purchase, with a $75 million revolving credit facility. Advisors included Kirkland & Ellis, Vinson & Elkins, RBC Richardson Barr, and Latham & Watkins.
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Rhea-AI Sentiment
End-of-Day
1.23%
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Rhea-AI Summary
Mach Natural Resources LP (NYSE: MNR) reported financial and operating results for the three and nine months ended September 30, 2023, including an IPO, acquisition updates, financial and operational highlights, and future guidance.
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End-of-Day
-1.62%
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Rhea-AI Summary
Mach Natural Resources LP (NYSE: MNR) will release its third quarter 2023 results on December 6, 2023, and host a conference call on December 7, 2023, to discuss the results.
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-0.73%
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Rhea-AI Summary
Mach Natural Resources LP (NYSE: MNR) Signs Agreement to Acquire Oil and Gas Properties in Oklahoma for $815 Million
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2.17%
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Rhea-AI Summary
Mach Natural Resources LP (NYSE: MNR) announces the acquisition of interests in oil and gas properties in Oklahoma's Anadarko Basin from Paloma Partners IV, LLC for $815 million. The acquisition includes recent production of approximately 32,000 Boepd, PDP reserves of approximately 75 MMBoe, and over 62,000 net acres in the Anadarko Basin.
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Rhea-AI Sentiment
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2.17%
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Rhea-AI Summary
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Mach Natural Resources LP

NYSE:MNR

MNR Rankings

MNR Stock Data

1.97B
11.18M
15.93%
78.61%
0.1%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States
Oklahoma City