Mach Natural Resources LP
MNREnergy · Stock · quarterly payer
Forward Yield
13.84%
Annual Dividend
$1.82
Payout Ratio
266%
5-Yr Growth
—
Ex-Date
May 21, 2026
Frequency
Quarterly
Summary
As of July 2026, Mach Natural Resources LP (MNR) yields 13.84% ($1.82 per share annually), with a blended fair-value estimate of $17.94 — +36% upside, so it screens as undervalued.
Is MNR a good dividend stock?
MixedMach Natural Resources LP (MNR) pays a quarterly dividend yielding 13.84% ($1.82/yr), with 0 years of growth. 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 (266%)
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 13.84%
- Payout Ratio
- 266%
- Annual Dividend
- $1.82
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 21, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.41
- Market Cap
- $2.2B
- P/E Ratio
- 17.7
- 5-Yr Total Return
- —
- 52-Week Range
- $10.46 – $15.58
- Dividend Safety
- —
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
MNR Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
-29%
5 Years
—
52-Week Range
$10.46 – $15.58
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 $17.94 per share, versus a market price of $13.15. That implies 36% of upside — a margin of safety of about 27%.
Fair Value
$17.94
Current Price
$13.15
Upside
+36%
Margin of Safety
27%
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 1.1% annual free-cash-flow growth. We model 3.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 3.3% stage-1 growth, 2.5% terminal growth, $0.74 EPS, $1.82 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 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 $1.82 / yr per share
