Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Mach Natural Resources LP's annualized net income for the quarter that ended in Mar. 2026 was $-140 Mil. Mach Natural Resources LP's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,919 Mil. Therefore, Mach Natural Resources LP's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -7.30%.
The historical rank and industry rank for Mach Natural Resources LP's Return-on-Tangible-Equity or its related term are showing as below:
MNR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.74 Med: 46.51 Max: 118.55
Current: 13.74
During the past 5 years, Mach Natural Resources LP's highest Return-on-Tangible-Equity was 118.55%. The lowest was 13.74%. And the median was 46.51%.
MNR's Return-on-Tangible-Equity is ranked better than 69.28% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs MNR: 13.74
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Mach Natural Resources LP Return-on-Tangible-Equity Related Terms
Mach Natural Resources LP Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mach Natural Resources LP's Return-on-Tangible-Equity 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.
MNR vs NOG, TALO, KRP: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Mach Natural Resources LP's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mach Natural Resources LP's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mach Natural Resources LP's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -7.30% mean?
Mach Natural Resources LP (MNR) has a Return-on-Tangible-Equity of -7.30% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mach Natural Resources LP and its competitors. Over the past decade, Mach Natural Resources LP's Return-on-Tangible-Equity has ranged from 13.74 to 118.55. According to the industry distribution chart, Mach Natural Resources LP ranks #290 out of 944 companies in the Oil & Gas industry, placing it in the top 30.7%.
Is Mach Natural Resources LP's Return-on-Tangible-Equity too high?
Mach Natural Resources LP's current Return-on-Tangible-Equity is -7.30%. Over the past 10 years, this metric has ranged from a low of 13.74 to a high of 118.55. Based on the distribution chart, Mach Natural Resources LP ranks #290 out of 944 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Mach Natural Resources LP has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mach Natural Resources LP's Return-on-Tangible-Equity compare to NOG and TALO?
According to the Oil & Gas industry distribution chart, Mach Natural Resources LP ranks #290 out of 944 companies for Return-on-Tangible-Equity. This puts Mach Natural Resources LP in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Historically, Mach Natural Resources LP's own Return-on-Tangible-Equity has ranged from 13.74 to 118.55 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 944 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mach Natural Resources LP and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mach Natural Resources LP's current Return-on-Tangible-Equity is -7.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mach Natural Resources LP stock overvalued right now?
Based on GuruFocus' analysis, Mach Natural Resources LP (MNR) is currently considered Fairly Valued. The stock's GF Value™ is $13.63, compared to a current price of $12.90 — trading 5.4% below its estimated fair value. The current Return-on-Tangible-Equity is -7.30%. Mach Natural Resources LP's overall GF Score™ is 43/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Mach Natural Resources LP (MNR), the current Return-on-Tangible-Equity is -7.30% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mach Natural Resources LP (MNR) Overvalued in 2026?
Based on GuruFocus' analysis, Mach Natural Resources LP stock appears to be undervalued.
The current stock price of $12.90 is trading 5.4% below its estimated GF Value™ of $13.63.
GuruFocus considers Mach Natural Resources LP to be Fairly Valued.
Key valuation signals for MNR:
Return-on-Tangible-Equity: -7.30%
GF Value™: $13.63 vs. price of $12.90 (5.4% below fair value)
No single metric tells the full story. See the MNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mach Natural Resources LP is an independent upstream oil and gas company. The company is focused on 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; the San Juan Basin region of New Mexico and Colorado; and the Permian Basin region of West Texas. The company is organized and managed as a single reportable segment, which is the exploration and production of oil, natural gas and NGLs (E&P Segment).
43GF Score
Get the complete analysis for MNR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MNR has been successfully added to your 
