Mach Natural Resources LP’s recently made public that its Director McMullen William Wallace acquired Company’s shares for reported $2.17 million on Jun 16 ’25. In the deal valued at $14.96 per share,144,900 shares were bought. As a result of this transaction, McMullen William Wallace now holds 74,812,939 shares worth roughly $1.08 billion.
Then, McMullen William Wallace bought 135,500 shares, generating $1,994,560 in total proceeds. Upon buying the shares at $14.72, the Director now owns 74,668,039 shares.
Before that, McMullen William Wallace bought 93,500 shares. Mach Natural Resources LP shares valued at $1,336,115 were divested by the Director at a price of $14.29 per share. As a result of the transaction, McMullen William Wallace now holds 74,532,539 shares, worth roughly $1.08 billion.
A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Johnson Rice began covering MNR with “Buy” recommendation on November 28, 2023. Stifel started covering the stock on November 20, 2023. It rated MNR as “a Buy”.
Price Performance Review of MNR
On Tuesday, Mach Natural Resources LP [NYSE:MNR] saw its stock jump 0.42% to $14.5. Over the last five days, the stock has lost -1.76%. Mach Natural Resources LP shares have fallen nearly -22.91% since the year began. Nevertheless, the stocks have fallen -15.60% over the past one year. While a 52-week high of $20.94 was reached on 01/24/25, a 52-week low of $12.40 was recorded on 04/07/25.
Levels Of Support And Resistance For MNR Stock
The 24-hour chart illustrates a support level at 14.30, which if violated will result in even more drops to 14.11. On the upside, there is a resistance level at 14.69. A further resistance level may holdings at 14.89.
How much short interest is there in Mach Natural Resources LP?
A steep rise in short interest was recorded in Mach Natural Resources LP stocks on 2025-06-13, growing by 0.21 million shares to a total of 0.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 0.58 million shares. There was a rise of 26.25%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 20, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $24 price target.
