Mach Natural Resources LP share price today

Mach Natural Resources LP's share price was $10.02 at the close on 4 November 2026. It has been falling for 12 weeks. That is 20.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between $10 and $15, and at that close it was at the low of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Mach Natural Resources LP is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 25 weeks running.

Over the last 3 years the share price moved −47% while the S&P 500 moved +87%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 15 May 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Mach Natural Resources LP paid $1.80 per share over the last four reported quarters. The most recent declaration was $0.36 for Jun 2026. At today's price of $10.02 that is a yield of 17.96%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Mach Natural Resources LP is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Mach Natural Resources LP earned $98.2 M of net profit in the Jun 2026 quarter, +9.5% on the same quarter a year earlier. Full-year FY25 profit was $143 M. Over 4 years profit has grown 0.8% a year on average. That is 27.0% of the quarter's revenue. The same quarter a year earlier earned $89.7 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

3 of the last 12 reported quarters were loss-making.

For the full year, FY25 profit was $143 M (−22.8% on the year before).

Why profit moved: revenue changed +63.6% on a year earlier and the margin moved −16.3 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −91.0% and revenue +39.0%. Profit is growing slower than sales: rising costs are taking part of the growth.

Mach Natural Resources LP reported $364 M of revenue in the Jun 2026 quarter, +63.6% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown 24.2% a year on average. The last full year, FY25, came in at $1.0 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $1.3 B.

FY25 revenue was $1.0 B, +10.9% on the year before.

Recent pace: the last four quarters grew +39.0% on average, against 24.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +39.5%, against +24.7% a year over the last 8 quarters (accelerating).

Mach Natural Resources LP's operating margin was 33.7% in the Jun 2026 quarter, 16.3 percentage points lower than the same quarter a year ago. Across 5 years it has been between 23.4% and 54.6%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −16.3 percentage points on the year while gross margin changed −2.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 379% of Mach Natural Resources LP's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $507 M of operating cash against $143 M of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After $904 M of spending on assets, free cash was −$397 M: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Mach Natural Resources LP does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $2.3 B on assets over the last 3 years. Averaged over those years that is 74.0% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $2.3 B over the last 3 years.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Mach Natural Resources LP's P/E is 15.7×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved −42.7% while the price moved −13.7%. The price did better than earnings, which pushed the multiple up within its own range.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Mach Natural Resources LP's business is giving mixed signals. Revenue growth is rising at +39.5% while profit growth is falling at −52.0%, so the lines disagree and each one tells part of the story. This is based on 11 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Mach Natural Resources LP earned a ROE of 7% in FY25. That is up from a low of 6% in FY23. Its return on capital used (ROIC) is 1.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 13.7% net margin and 0.28× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 13.7% net margin × 0.28× asset turnover × 1.90× leverage (assets divided by equity) ≈ 7.3% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 4.9% − 3.7% = +1.2 percentage points. The 3.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

Mach Natural Resources LP has total debt of $1.2 B against shareholder equity of $1.8 B as of Jun 2026, so its debt is 0.65× its equity. Year by year, that ratio went from 0.31 in FY21 to 0.58 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

1.2% of Mach Natural Resources LP's tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 0.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

For Mach Natural Resources LP, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

There is no score against its industry: Mach Natural Resources LP is not among the largest members shown in this industry comparison for Oil & Gas Exploration & Production.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Mach Natural Resources LP is the 33rd largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Northern Oil and Gas, Inc., BKV Corporation and Kimbell Royalty Partners, LP. Just below it: Vermilion Energy Inc., Dorchester Minerals, L.P. and Greenfire Resources.

Oil & Gas Exploration & Production companies close in size

30. Northern Oil and Gas, Inc. $2.4 billion
31. BKV Corporation $2.1 billion
32. Kimbell Royalty Partners, LP $1.9 billion
33. Mach Natural Resources LP $1.7 billion
34. Vermilion Energy Inc. $1.6 billion
35. Dorchester Minerals, L.P. $1.4 billion
36. Greenfire Resources Ltd. $1.4 billion

All 57 Oil & Gas Exploration & Production companies, largest first

Companies close in size in other industries

2115. Sila Realty Trust, Inc. $1.7 billion · REIT - Healthcare Facilities
2116. Central Securities Corporation $1.7 billion · Asset Management
2117. Mach Natural Resources LP $1.7 billion
2118. Alvotech $1.7 billion · Drug Manufacturers - Specialty & Generic
2119. ConnectOne Bancorp, Inc. $1.7 billion · Banks - Regional

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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