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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Mach Natural Resources LP's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -6.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Mach Natural Resources LP's 3-Year ROIIC % or its related term are showing as below:
MNR's 3-Year ROIIC % is ranked worse than 60.06% of 924
companies
in the Oil & Gas industry
Industry Median: -0.005
vs MNR: -6.98
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Mach Natural Resources LP 3-Year ROIIC % Related Terms
Mach Natural Resources LP 3-Year ROIIC % Historical Data
* 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.
For the Oil & Gas E&P subindustry, Mach Natural Resources LP's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mach Natural Resources LP's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mach Natural Resources LP's 3-Year ROIIC % falls into.
Mach Natural Resources LP's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 335.38 (Dec. 2025) - 522.384 (Dec. 2022) )
/
( 3407.44 (Dec. 2025) - 727.128 (Dec. 2022) )
=
-187.004
/
2680.312
=
-6.98%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Mach Natural Resources LP (MNR) has a 3-Year ROIIC % of -6.98 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Mach Natural Resources LP and its competitors. According to the industry distribution chart, Mach Natural Resources LP ranks #555 out of 924 companies in the Oil & Gas industry, placing it in the top 60.1%.
Is Mach Natural Resources LP's 3-Year ROIIC % too high?
Mach Natural Resources LP's current 3-Year ROIIC % is -6.98. Based on the distribution chart, Mach Natural Resources LP ranks #555 out of 924 companies in the Oil & Gas industry, which is below 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 3-Year ROIIC % compare to NOG and TALO?
According to the Oil & Gas industry distribution chart, Mach Natural Resources LP ranks #555 out of 924 companies for 3-Year ROIIC %. This places Mach Natural Resources LP in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Mach Natural Resources LP and its competitors. Mach Natural Resources LP's current 3-Year ROIIC % is -6.98. 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 $13.70, compared to a current price of $13.15 — trading 4% below its estimated fair value. The current 3-Year ROIIC % is -6.98. Mach Natural Resources LP's overall GF Score™ is 43/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Mach Natural Resources LP (MNR), the current 3-Year ROIIC % is -6.98 as of Dec. 2025. 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 $13.15 is trading 4% below its estimated GF Value™ of $13.70.
GuruFocus considers Mach Natural Resources LP to be Fairly Valued.
Key valuation signals for MNR:
3-Year ROIIC %: -6.98
GF Value™: $13.70 vs. price of $13.15 (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
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