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Mach Natural Resources resumed with a Buy at Stifel

Mach Natural Resources resumed with a Buy at Stifel

Stifel resumed coverage of Mach Natural Resources (MNR) with a Buy rating and $21 price target Mach Natural, which is currently running two rigs and plans to add a third rig in 2025, has “a strong track record” of returning capital since coming public and additionally plans to continue growing its footprint through acquisitions, the analyst tells investors.

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