MNR
Mach Natural Resources LP Energy - Oil & Gas E&P Investor Relations →
Mach Natural Resources LP (MNR) closed at $12.33 as of 2026-02-02, trading 9.1% below its 200-week moving average of $13.57. This places MNR in the deep value zone. The stock moved further from the line this week, up from -13.9% last week. The 14-week RSI sits at 55, indicating neutral momentum.
Over the past 71 weeks of data, MNR has crossed below its 200-week moving average 4 times. On average, these episodes lasted 15 weeks. The average one-year return after crossing below was -9.6%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $2.1 billion, MNR is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 6.7%. The stock trades at 1.1x book value.
Share count has increased 8.9% over three years, indicating dilution.
Over the past 1.5 years, a hypothetical investment of $100 in MNR would have grown to $89, compared to $123 for the S&P 500. MNR has returned -7.7% annualized vs 14.5% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 8 open-market purchases totaling $10,024,990. Multiple insiders purchased within a 30-day window — a cluster buy pattern that historically signals management confidence in the company's prospects. Notably, these purchases occurred while MNR is trading below its 200-week moving average — insiders are buying when the market is most pessimistic.
Free cash flow has been growing at a 21.9% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: MNR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MNR Crosses Below the Line?
Across 4 historical episodes, buying MNR when it crossed below its 200-week moving average produced an average return of -6.5% after 12 months (median -5.0%), compared to +18.0% for the S&P 500 over the same periods.
Each line shows $100 invested at the moment MNR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MNR has crossed below its 200-week MA 4 times with an average 1-year return of +-9.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2024 | Dec 2024 | 12 | 10.6% | -7.5% | -11.3% |
| Feb 2025 | Jun 2025 | 18 | 16.3% | -11.7% | -11.7% |
| Jun 2025 | Jun 2025 | 1 | 1.5% | N/A | -10.4% |
| Jul 2025 | Ongoing | 28+ | 20.6% | Ongoing | -11.8% |
| Average | 15 | — | +-9.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02