Mach Natural Resources (NYSE:MNR) Trading 0.2% Higher – Here’s Why

Mach Natural Resources LP (NYSE:MNRGet Free Report)’s share price traded up 0.2% during trading on Friday . The company traded as high as $16.60 and last traded at $16.46. 150,578 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 156,844 shares. The stock had previously closed at $16.43.

Mach Natural Resources Trading Up 0.2 %

The stock has a market cap of $1.70 billion, a P/E ratio of 6.89 and a beta of -0.57.

About Mach Natural Resources

(Get Free Report)

Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. It also owns a portfolio of midstream assets, as well as owns plants and water infrastructure.

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