On April 13, 2026, Tom L. Ward disclosed the purchase of 153,256 common units of Mach Natural Resources LP (NYSE:MNR) for a total consideration of approximately $2.0 million, as detailed in the SEC Form 4 filing.
Metric | Value |
|---|---|
Shares traded | 153,256 |
Transaction value | ~$2.0 million |
Transaction value based on SEC Form 4 weighted average purchase price ($13.05); post-transaction value based on April 13, 2026 market close ($12.77).
What is the structure and nature of this transaction?
This purchase involved two indirect entities—Tom L. Ward 1992 Revocable Living Trust and WCT Resources LLC—with Tom L. Ward exercising control over both, and disclaiming full beneficial ownership except for his direct economic interest.Does the insider hold any remaining exposure to Mach Natural Resources LP after this transaction?
Ward continues to maintain substantial exposure via 28,008,676 common units (across direct and indirect holdings in other classes).How does this activity compare to Ward’s historical trading and holding patterns?
Across reported events since October 2023, this is among the larger purchases in terms of share volume, but there is insufficient sell-side history to establish a cadence or trend for disposition activity.What is the relevant context for interpreting this transaction’s size or timing?
The transaction occurred at a price close to the recent market close (around $13.05 per unit versus $12.77 at close on April 13, 2026).
Metric | Value |
|---|---|
Revenue (TTM) | $1.18 billion |
Net income (TTM) | $285.97 million |
Dividend yield | 15% |
Price (as of market close April 13, 2026) | $12.77 |
* 1-year performance is calculated using April 13, 2026 as the reference date.
Mach Natural Resources LP generates revenue primarily from the acquisition, development, and production of oil, natural gas, and natural gas liquids in the Anadarko Basin region.
The company operates an upstream business model, monetizing hydrocarbon reserves through exploration, extraction, and sale to downstream processors and energy markets.
Primary customers include refiners, utilities, and industrial buyers seeking reliable supplies of oil and natural gas products.
Mach Natural Resources LP is an independent oil and gas producer focused on the Anadarko Basin, leveraging operational scale and regional expertise to maximize hydrocarbon recovery. The company pursues disciplined acquisitions and efficient field development to drive cash flow and sustain a robust dividend. Its competitive position is underpinned by a concentrated asset base and a focus on operational efficiency.
