Interesting Dividend Idea

MACH Nateral Resourses LP (MNR)* $15.36. – MNR has a trailing dividend at 21%.

This is not to say the dividend going forward will remain at this rate. The cash pay-out, is directly tied to the price of oil & gas and therefore is a variable payout quarter by quarter. LOTM is impressed by the large scale insider buying being done by one board member William McMullen.

Two-year chart from StockCharts.com

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MNR pays a high dividend and has strong Insider buying from one board member.

Six month Insider Buying history – linked here at Finviz: A screenshot of a computer

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Mr. William McMullen invested more than $80 million over the past six-months through open market purchases of MNR.

Company web site linked here.

Accounts related to LOTM have initial small positions in MNR at this time.

June 2025 PDF company presentation linked here. And here with Q1 2025 conference call.

Price targets from three ranked Analysts sourced from etrade web site originally published by TipRanks.:

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The Three analysts shown below have an average price target of $21.00.

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Company policy on goals followed by Management stated in opening Quarterly reports:

The company’s four strategic pillars.

  • Number one, maintain financial strength. Our goal is to have a long-term debt-to-EBITDA ratio of 1 time or less. By maintaining a low leverage profile, we give ourselves opportunities when markets experience high volatility.
  • Number two, disciplined execution. We acquire only cash flowing assets at a discount to PDP PV-10 that are accretive to our distribution.
  • Number three, disciplined reinvestment rate. We maintain a reinvestment rate of less than 50% of our operating cash flow. By keeping our reinvestment rate low, we optimize our distribution to unitholders.
  • Number four, maximize cash distributions. We target peer-leading variable distributions. This pillar drives all of our decisions.

Statical profile as shown on Finviz web site:

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