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Mach Natural Resources LP (Mach Natural Resources LP) Net Cash per Share : $-10.11 (As of Dec. 2023)


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What is Mach Natural Resources LP Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Mach Natural Resources LP's Net Cash per Share for the quarter that ended in Dec. 2023 was $-10.11.

The historical rank and industry rank for Mach Natural Resources LP's Net Cash per Share or its related term are showing as below:

MNR's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.05
* Ranked among companies with meaningful Price-to-Net-Cash only.

Mach Natural Resources LP Net Cash per Share Historical Data

The historical data trend for Mach Natural Resources LP's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mach Natural Resources LP Net Cash per Share Chart

Mach Natural Resources LP Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
-1.97 -2.79 -10.11

Mach Natural Resources LP Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial - -2.79 -3.19 -2.41 -10.11

Competitive Comparison of Mach Natural Resources LP's Net Cash per Share

For the Oil & Gas E&P subindustry, Mach Natural Resources LP's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mach Natural Resources LP's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mach Natural Resources LP's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Mach Natural Resources LP's Price-to-Net-Cash falls into.



Mach Natural Resources LP Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Mach Natural Resources LP's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(152.792-1112.791-0)/95
=-10.11

Mach Natural Resources LP's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(152.792-1112.791-0)/95
=-10.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mach Natural Resources LP  (NYSE:MNR) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Mach Natural Resources LP Net Cash per Share Related Terms

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Mach Natural Resources LP (Mach Natural Resources LP) Business Description

Traded in Other Exchanges
N/A
Address
14201 Wireless Way, Suite 300, Oklahoma, OK, USA, 73134
Mach Natural Resources LP is an independent upstream oil and gas company engaged in the acquisition, development and production of oil, natural gas and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas and the panhandle of Texas.
Executives
Frank A Keating director, other: See Remarks 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Giesinger Edgar R. Jr. director, other: See Remarks 1915 SANDGATE FALLS, HOUSTON TX 77062
Tom L. Ward director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Kevin R. White officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
William Wallace Mcmullen director, 10 percent owner, other: See Remarks 1201 LOUISIANA STREET, SUITE 3308, HOUSTON TX 77002
Bayou City Energy Management Llc 10 percent owner 1201 LOUISIANA STREET, SUITE 3308, HOUSTON TX 77002
Reineke Daniel T Jr. officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Michael E Reel officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Stephen C Perich director, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Bce-mach Aggregator Llc 10 percent owner 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134