Stifel Nicolaus analyst Derrick Whitfield maintained a Buy rating on Mach Natural Resources LP (MNR – Research Report) yesterday and set a price target of $27.00. The company’s shares closed yesterday at $19.88.
Whitfield covers the Energy sector, focusing on stocks such as Vital Energy, Northern Oil And Gas, and Range Resources. According to TipRanks, Whitfield has an average return of -5.5% and a 46.93% success rate on recommended stocks.
Currently, the analyst consensus on Mach Natural Resources LP is a Moderate Buy with an average price target of $27.00.
The company has a one-year high of $20.37 and a one-year low of $13.70. Currently, Mach Natural Resources LP has an average volume of 129.8K.
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Mach Natural Resources LP (MNR) Company Description:
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 theAnadarkoBasin region ofWestern Oklahoma,Southern Kansasand the panhandle ofTexas.
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