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 $20.18, down 0.05% 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 +40.14% from its 52-week low of $14.40, and -4.77% from its 52-week high of $21.19.
There are currently 95M MNR shares outstanding. The market capitalization of MNR is $1.92B. In the last 24 hours, 84,522 MNR shares were traded.
How to Buy Mach Natural Resources Stock
Not sure how to invest in Mach Natural Resources stock? Here's how.
- Choose where to buy Mach Natural Resources stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Mach Natural Resources stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your payment method and add your details.
- 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 tools can help you figure out if MNR is a good stock to buy).
- Execute your MNR trade: Decide if you will purchase MNR shares at the current market price or use a limit order to purchase MNR shares at a specific price.
- Get updates on your MNR position: Create a watchlist to the latest updates on your position in Mach Natural Resources shares.
Step 1: Choose where to buy Mach Natural Resources stock
You need an online brokerage account in order to access the NYSE market and buy MNR stock.
Our recommended brokerage: eToro
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you can buy MNR stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on app for stock market, you need to deposit funds:
Check out the tutorial below to see the process of depositing money into your brokerage account.
Step 4: Analyze Mach Natural Resources stock
Once you have decided on the best place to buy Mach Natural Resources stock, it's important to research their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Mach Natural Resources Metrics
Fundamentals of Mach Natural Resources
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on MNR's stock page.
Is MNR stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MNR's true value.
Using relative valuations measures:
- MNR could be overvalued based on its P/E ratio of 28.03x, relative to Oil & Gas E&P industry P/E ratio of 14.04x
You can access more valuation research on MNR's stock here.
MNR Financial Overview
Positive Health Checks:
- MNR earnings of $79.72M is not sufficient to cover its interest payments.
- MNR's operating cash flow of $491.74M allows it to safely service it's debt of $824.49M.
- There are more short-term assets than short-term liabilities on the MNR balance sheet.
Negative Health Checks:
- MNR profit margin has gone down from 55.1% to 9% in the past year.
- There are more long-term liabilities than short-term assets on the MNR balance sheet.
Is it a good time to buy MNR stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who give forecasts on MNR, the consensus analyst rating on MNR is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Mach Natural Resources stock forecast page.
MNR Momentum
MNR Growth Numbers
Last year, MNR revenue was $762.31M. In the last 2 year, MNR's revenue has gone up by 39.36% per year. This was faster than the Oil & Gas E&P industry average of 19%.
You can analyze MNR's earnings and revenue performance here.
Latest Insiders Trades at MNR
In 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 stock on Oct 27, 2023.
Get more info about who owns MNR shares here.
Does MNR stock generate passive income?
No, Mach Natural Resources doesn't provide an income stream by paying out dividends.
What do other investors have to say about MNR?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn 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 stock at the best price on the market.
Market orders are usually sufficient. - 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 a specific price, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you want more assistance buying stocks on eToro, click the how to video below:
Step 6: Get updates on your MNR position
Now that you own some MNR shares, you'll want to stay up-to-date on your stock purchase.
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:
- Choose where to buy Mach Natural Resources stock
- Create your brokerage account
- Put funds into your investment account
- Analyze Mach Natural Resources stock
- Execute your MNR trade
- Get updates on your MNR position
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Mach Natural Resources, click the button below.
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