Raymond James Raises Mach Natural Resources LP (MNR) Investment

Mach Natural Resources LP (NYSE:MNR) is among the best stocks with the highest upside potential. In the first quarter, Raymond James Financial Inc. raised its position in Mach Natural Resources LP (NYSE:MNR) by 8.6% through the purchase of 25,778 shares. According to the recent disclosure with the SEC, the global financial services firm now owns 324,291 shares of the company’s stock worth $5,043,000.

During the latest earnings call, the management highlighted the company’s sustained focus on four pillars: ensuring financial resilience, disciplined execution, continued investments, and delivering high cash returns. Through its commitment to these strategic anchors, Mach Natural Resources LP (NYSE:MNR) can achieve the unachievable.

Mach Natural Resources (MNR): Among Stocks Insiders Spent The Most Money On Recently

As cited by the CEO & Director, Tom L. Ward,

“We project increasing our natural gas volumes to 70% post the Sabinal and IKAV acquisitions, and for the first time since our inception, project natural gas to be at least 50% of our revenue stream starting in 2026.”

Mach Natural Resources LP (NYSE:MNR) is an Oklahoma-based independent upstream oil and gas company that acquires, develops, and produces oil, natural gas, and natural gas liquids. Incorporated in 2023, the company emphasizes improving lives by tackling energy poverty.

While we acknowledge the potential of MNR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MNR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.