KeyBanc Just Reiterated Its Hold Rating On Mach Natural Resources (MNR) Stock

Mach Natural Resources LP (NYSE:MNR) is one of the 8 most undervalued oil stocks to buy. On March 16, Tim Rezvan of KeyBanc maintained his Hold rating on the Mach Natural Resources LP (NYSE:MNR) stock. On the same day, Northland Securities’ Jeff Grampp maintained his Buy rating and the price target of $20. This price target offers a further 47% upside from here on.

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An oil drilling platform. Photo by Jan-Rune Smenes Reite on Pexels.

Mach Natural Resources announced its Q4 2025 results on March 13, reporting a revenue of $388 million. Oil and Gas accounted for $331 million of this amount, with 42% from oil sales, 44% from gas, and natural gas liquids accounting for the rest.

Going forward, the company intends to maintain its current reinvestment rate while also nudging barrels of oil equivalent (Boe) higher. In the last quarter, the firm reported 154,000 Boe per day, with 68% of it coming from natural gas alone. At the end of the year, the company sat on reserves of over 705 million Boe.

Mach Natural Resources LP (NYSE:MNR) is an upstream oil & gas company that acquires oil and gas reserves and then develops and produces related products. The company’s current operations span across Oklahoma, Southern Kansas, Texas, New Mexico, and Colorado.

While we acknowledge the risk and potential of MNR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MNR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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