William Blair initiated coverage of Mach Natural Resources (MNR) with an Outperform rating. The company offers peer-leading distributions and financial strength with a disciplined reinvestment rate, the analyst tells investors in a research note. The firm believes Mach could add another large, accretive gas play to its portfolio.
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Read More on MNR:
- William Blair Recommends Buy Rating for Mach Natural Resources LP Due to Strong Financial Performance and Strategic Acquisitions
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