What is Mach Natural Resources LP?
Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids (NGL) reserves.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company owns a portfolio of midstream assets, as well as owns gathering systems, processing plants. The company is listed on the NYSE in USA, operating in the Energy sector, with a market capitalisation of 1.85B, and a P/E ratio of 18.4x.
A short list of Oil & Gas E&P names that are close enough in size to make side-by-side comparison useful.
| Shares sold | Shares bought | |
|---|---|---|
| 0-3months | 0 | 0 |
| 3-6months | 0 | 0 |
| 6-9months | 15,557,679 shares $71.2M | 5163,541 shares $2.1M |
| 9-12months | 0 | 0 |