NYSE:MNROil and Gas
Mach Natural Resources (MNR) Valuation Check After KeyBanc Downgrade And Integration Concerns
KeyBanc’s downgrade of Mach Natural Resources (MNR) to Sector Weight, tied to integration hurdles around new Central Basin Platform and San Juan Basin assets and reduced capital spending, has pushed investors to reassess the partnership’s near term outlook.
See our latest analysis for Mach Natural Resources.
At a share price of $11.01, Mach Natural Resources has seen pressure build over the past quarter, with a 90 day share price return of 7.25% and a 1 year total shareholder return decline...