Mach Natural Resources LP
MNREnergy · Stock · quarterly payer
Forward Yield
14.32%
Annual Dividend
$1.80
Payout Ratio
331%
5-Yr Growth
—
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Summary
As of September 2026, Mach Natural Resources LP (MNR) yields 14.32% ($1.80 per share annually), with a blended fair-value estimate of $19.62 — +56% upside, so it screens as undervalued. Dividend safety grade: D (47/100).
Is MNR a good dividend stock?
MixedMach Natural Resources LP (MNR) pays a quarterly dividend yielding 14.32% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (331%)
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 14.32%
- Payout Ratio
- 331%
- Annual Dividend
- $1.80
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.46
- Market Cap
- $2.1B
- P/E Ratio
- 22.9
- 5-Yr Total Return
- —
- 52-Week Range
- $10.46 – $15.02
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
MNR Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
-32%
5 Years
—
52-Week Range
$10.46 – $15.02
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MNR worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Mach Natural Resources LP is $19.62 per share, versus a market price of $12.57. That implies 56% of upside — a margin of safety of about 36%.
Fair Value
$19.62
Current Price
$12.57
Upside
+56%
Margin of Safety
36%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 0.7% annual free-cash-flow growth. We model 5.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 5.7% stage-1 growth, 2.5% terminal growth, $0.55 EPS, $1.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MNR Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | — | $0.3600 | regular |
| May 21, 2026 | — | $0.6400 | regular |
| Feb 26, 2026 | — | $0.5300 | regular |
| Nov 20, 2025 | — | $0.2700 | regular |
| Aug 21, 2025 | — | $0.3800 | regular |
| May 22, 2025 | — | $0.7900 | regular |
| Feb 27, 2025 | — | $0.5000 | regular |
| Nov 26, 2024 | — | $0.6000 | regular |
| Aug 27, 2024 | — | $0.9000 | regular |
| May 24, 2024 | — | $0.7500 | regular |
| Feb 28, 2024 | — | $0.9500 | regular |
Income Calculator
At $1.80 / yr per share
