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How to Buy Mach Natural Resources Stock

Mach Natural Resources LP

Mach Natural Resources is a oil and gas company located in Oklahoma, United States, which is part of the Energy sector, and is traded under the ticker MNR on the NYSE exchange.

Mach Natural Resources stock last closed at $20.70, down 0.1% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Oil & Gas E&P industry by N/A percentage points. Mach Natural Resources stock is currently +43.75% from its 52-week low of $14.40, and -2.31% from its 52-week high of $21.19.

As of May 17, 2024, there are 95M shares of MNR outstanding. The market capitalization of MNR is $1.97B. In the past 24 hours, 137,005 MNR shares were traded.

How to Buy Mach Natural Resources Stock

Wondering how to invest in Mach Natural Resources stock? Here's how.
  1. Choose where to buy Mach Natural Resources stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Mach Natural Resources stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Select your method of payment and add your details.
  4. Analyze Mach Natural Resources stock: The Mach Natural Resources ticker symbol is MNR. Is Mach Natural Resources stock a good investment? Should you buy shares of MNR? How do MNR's underlying business fundamentals look? Do top analysts think Mach Natural Resources is a good buy? Why has MNR's stock price moved recently? (Hint: Our stock research website can help you decide if MNR is a good stock to buy).
  5. Execute your MNR trade: Decide if you will purchase MNR shares at the current market price or use a limit order to purchase MNR stock at a particular price.
  6. Get updates on your MNR position: Create a watchlist to track your position in Mach Natural Resources shares.

Step 1: Choose where to buy Mach Natural Resources stock

You will need a brokerage account in order to access the NYSE market and buy MNR shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal details so you are able to buy MNR today.

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  2. Enter your personal info to start a new brokerage account.
  1. Send your details by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have filled out your info on a investment app, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of depositing money into your investment account.

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Step 4: Analyze Mach Natural Resources stock

Once you have figured out the best place to buy Mach Natural Resources stock, it's absolutely critical to research their stock prior to investing, so you truly comprehend the risk and upside.

Mach Natural Resources quick stats

MNR Price
$20.70
1w %
2.58%
1y %
N/A
5y %
N/A
P/E
N/A
P/B
1.72x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.97B
Next Earnings
N/A
Next Dividend
N/A

Mach Natural Resources Due Diligence Checks

WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on MNR's stock page.

Is MNR stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge MNR's fair value.

Using relative valuations measures:

  • MNR may be undervalued based on its P/B ratio of 1.72x, relative to Oil & Gas E&P industry P/B ratio of 2.04x

You can access additional valuation research on MNR's stock here.

Is MNR a healthy company?

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the MNR balance sheet.

Negative Health Checks:

  • MNR has a relatively high debt to equity ratio of 1.03.
  • There are more long-term liabilities than short-term assets on the MNR balance sheet.

Is MNR stock a Buy, Hold, or Sell, according to analysts?

Out of 2 sell side analysts who give forecasts on MNR, the consensus analyst rating on MNR is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Mach Natural Resources stock forecast page.

MNR Trading Indicators

SMA10
20.3
SMA20
20.38
SMA50
19.83
SMA100
18.72
SMA200
N/A
MACD
0.14
MACD Signal
0.17
MACD Histogram
-0.02
RSI
59.52
Stochastic %K
56.3
Stochastic %D
40.77
StochRSI %K
52.16
StochRSI %D
25.47

Latest Insiders Trades at MNR

Over the past year, insiders at MNR have sold more shares than they have bought.

William Wallace McMullen, Director of MNR, was the latest MNR insider to sell. They sold $53,186,682.33 worth of MNR shares on Oct 27, 2023.

Dig into more about who owns MNR stock here.

Does MNR provide a stable income stream?

No, Mach Natural Resources doesn't provide an income stream by paying out dividends.

MNR Social Trading Data

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your MNR trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.

Hit the Open Trade button and your broker will execute your order.

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Step 6: Get updates on your MNR position

Now that you own some MNR stock, you'll want to stay up-to-date on your shares.

Create a watchlist to track your MNR stock.

MNR Feed

How to Buy Stock in Mach Natural Resources

To reiterate, here are the 6 steps you need to take to buy Mach Natural Resources stock right now:

  1. Choose where to buy Mach Natural Resources stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Mach Natural Resources stock
  5. Execute your MNR trade
  6. Get updates on your MNR position

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your new investment in Mach Natural Resources, click below.

NYSE: MNR
$20.70-0.02 (-0.1%)
Updated May 17, 2024
Open eToro Account
NYSE: MNR
$20.70-0.02 (-0.1%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Mach Natural Resources share?

As of May 17, 2024, it costs $20.70 to buy one share of Mach Natural Resources stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.483 shares of MNR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Mach Natural Resources stock?

According to 2 Wall Street analysts who monitor Mach Natural Resources, their consensus recommendation is to buy Mach Natural Resources stock.

What is the best way to buy Mach Natural Resources stock?

One way to place an order for Mach Natural Resources stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.