Mach Natural Resources: Solid Natural Gas Prices Help Its Near-Term FCF

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Over half ( approximately 54% ) of Mach Natural Resources' (NYSE: MNR ) production is natural gas, compared to around 23% oil. Natural gas strip prices have held up better than oil strip prices recently, so Mach is s ...