William Blair analyst Neal Dingmann has maintained their bullish stance on MNR stock, giving a Buy rating on October 23.
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Neal Dingmann has given his Buy rating due to a combination of factors including Mach Natural Resources LP’s solid outlook for the fourth quarter of 2025 and the year 2026. Despite a third-quarter earnings miss attributed to an accounting change, the company’s operational performance remains strong, with stable production and minimal capital expenditure.
The company has managed to maintain production levels even after reducing the number of rigs, which is expected to lead to continued solid distributions. Additionally, well performance in key areas such as the Deep Anadarko and the Mancos Shale is exceeding forecasts, indicating robust operational efficiency. These factors contribute to a positive outlook, justifying the Buy rating.
In another report released on October 23, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $13.00 price target.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MNR in relation to earlier this year.