MNR MACH NATURAL RESOURCES LP Insider Trading

Tom L. Ward purchases 153,256 shares at $13.05 in 2 transactions; $2.0M committed despite stock down 6.7% in 30 days, extending consistent buying pattern at MNR.

Tom L. Ward executed 2 separate purchases totaling 153,256 shares for $1,999,990.80 at $13.05 per share on 2026-04-13, bringing his holdings from -76,628 shares to 76,628 shares. This represents a substantial $2.0M capital commitment at a price 18.0% below the 52-week high, following four prior open-market purchases at the same ticker since 2025-11-14, all of which showed positive 90-day returns. The blended average price of $13.05 compares to a current price of $12.77, placing this purchase 6.7% down over 30 days post-transaction. MNR's fundamentals show revenue of $272.6M with net income of -$35.7M (latest quarter) and annual revenue growth of +21.2%, indicating a company in growth mode despite near-term losses. Ward's prior 4 trades at this ticker demonstrated a 100% win rate at the 90-day mark, establishing a pattern of well-timed accumulation despite near-term price pressure.

10% owner IKAV GP dumps 5,557,679 shares for $71.2M, reducing stake 56.6% to 4.26M shares

IKAV General Partner S.a r.l., a principal 10% stakeholder, executed 2 separate sales totaling 5,557,679 shares on 2026-04-08 at a blended average price of $12.81 per share for $71,193,867.99. This transaction represents a substantial reduction in the insider's position, cutting holdings by 56.6% from 9,816,789 shares to 4,259,110 shares. The company's current fundamentals are mixed: latest quarterly revenue reached $272,562,000.00 with annual revenue growth of 21.2%, but net income is negative at $-35,654,000.00, and the stock trades at a 33.29 P/E ratio with current price $12.65 down 18.8% from its 52-week high of $15.57. The magnitude of this stake reduction—affecting control position and signaling a material change in insider exposure—warrants investor attention given the company's profitability challenge and recent price weakness.

Director Burn Christopher purchased 2,000 shares across 2 transactions totaling $27,920.00 at MNR, increasing holdings to 15,587 shares (+14.7%)

Burn Christopher, a director of MACH NATURAL RESOURCES LP, executed 2 separate purchases on consecutive days (2026-03-19 and 2026-03-20) for a combined 2,000 shares at a blended average price of $13.96, which is above the current price of $13.73. The transaction increases his holdings from 13,587 shares to 15,587 shares, a 14.7% increase in position size. The company is generating significant revenue ($272.6M in the latest quarter) and shows strong annual growth of 21.2%, though it is currently unprofitable with a net income of $-35.7M; the stock is trading 12.9% below its 52-week high of $15.77. The director's acquisition at prices near recent trading levels, coupled with meaningful position expansion, indicates sustained engagement with the company during a period of operational losses and valuation pressures.

Director McMullen buys 9,285 shares at $13.87 avg for $128.8K at MNR; continues accumulation pattern after 5 prior buys since June 2025.

Director William Wallace McMullen executed 3 separate purchases totaling 9,285 shares (9.3K shares) for $128,800.45 ($128.8K) on March 19–23, 2026, at prices ranging from $13.63 to $14.00, with a blended average of $13.87. The current price of $13.73 places the transaction near recent levels, and the stock is -12.9% from its 52-week high of $15.77. This marks McMullen's sixth open-market purchase of MNR stock since June 2025; his prior 5 trades at this ticker show a 3-of-5 timing pattern well-executed at the 90-day mark, suggesting some history of disciplined accumulation. The company reported a latest-quarter net loss of $-35,654,000.00 ($-35.7M) against revenue of $272,562,000.00 ($272.6M), and the elevated P/E of 36.13 reflects a growth-stage or unprofitable-to-profitable transition story. McMullen's persistent accumulation despite the loss position and elevated valuation metrics may warrant monitoring to discern whether continued insider purchases signal confidence in a turnaround, or reflect routine portfolio management at this stage in the company's recovery.

Director McMullen buys 30,000 shares across 2 transactions for $372,225.00 at MNR; stock down -33.9% from 52-week high

Director William Wallace McMullen executed 2 separate purchases totaling 30,000 shares for $372,225.00 at blended average price $12.41 on 2025-12-08 and 2025-12-09. The purchases come after MNR's stock has declined -33.9% from its 52-week high of $18.30, and the company is currently trading at $12.09, below the transaction prices. McMullen's 5 prior trades at MNR show a poor timing pattern: 0 of 4 measurable prior buys achieved positive 90-day returns, with the most recent buy on 2025-08-11 returning -19.3% over 90 days. The company posted net income of $-35.7M in the latest quarter despite revenue growth of +27.2% year-over-year, indicating profitability challenges that may explain the stock's weakness and suggest caution about the forward trajectory.

Tom L. Ward bought 40,000 MNR shares at $11.63 (2025-11-26), raising holdings to 167,030. Rapid buy sequence suggests sustained interest despite -35.2% decline from 52-week high.

Tom L. Ward executed his third purchase at MNR within 12 days, buying 40,000 shares at $11.63 on 2025-11-26 for a total value of $465,200.00 and raising his holdings from 127,030 to 167,030 shares (+31.5%). The stock has declined -35.2% from its 52-week high of $18.30 and is trading near the 52-week low of $11.29, yet the insider has continued accumulating through recent trades at MNR on 2025-11-25 and 2025-11-17. The company carries a -$35.7M net loss in the latest quarter despite +27.2% annual revenue growth and maintains a $2.0B market cap. The cluster of recent open-market purchases at a depressed price level, paired with near-bottom valuations, provides a factual signal of sustained insider acquisition activity—though prior trade outcomes at this ticker remain unmeasurable.

Tom L. Ward accumulates 43,660 MNR shares at $11.45 for $499.9K, raising holdings +52.4% in repeated purchases over 11 days

Tom L. Ward executed a third purchase of Mach Natural Resources LP shares within 11 days, acquiring 43,660 shares at $11.45 on 2025-11-25 (following buys on 2025-11-17 and 2025-11-14), and increasing total holdings by 52.4% to 127,030 shares. The stock currently trades at $11.29, down 38.3% from its 52-week high of $18.30 and down 20.0% over the past 90 days. While the company reports strong annual revenue growth of +27.2%, it posted a net loss of $-35.7M in the latest quarter against revenue of $272.6M. The rapid, sustained accumulation in a declining price environment—combined with negative earnings and the stock near the bottom of its 52-week range—warrants examination of the underlying strategic or operational factors driving the insider's conviction.

Director McMullen buys 4,608 shares of MNR at $11.85; 0 of 5 prior MNR buys were well-timed over 90 days.

McMullen William Wallace, a Director, purchased 4,608 shares at $11.85 on 2025-11-14, a modest increment to his existing 74.82M-share position at this holding level. The buy price sits near the bottom of the 52-week range ($11.51–$18.30) but the stock has declined 33.9% from its 52-week high and is down 13.3% over 90 days despite a modest 1.8% rebound in the past 30 days. Critically, his track record at MNR shows 0 of 5 prior buys achieved positive 90-day returns—all five prior purchases resulted in losses within the 90-day window, with declines ranging from -3.1% to -19.3%. The company posted a $-35.7M net loss in the latest quarter against $272.6M in revenue, signaling operational challenges despite 27.2% annual revenue growth. The repeated buying pattern at a declining asset with no successful prior exit timing suggests either conviction based on expected turnaround or indifference to near-term price pressure—neither is clearly supported by the transaction scale or company fundamentals.

TOM L. WARD acquires 83,370 shares of MNR for $1,000,021.50 across 2 purchases from new holder

TOM L. WARD purchased 83,370 shares in two transactions totaling $1,000,021.50, establishing a new position in the company from zero prior holdings. The blended average price of $11.99 was near the current price of $12.09, though the stock trades 33.9% below its 52-week high of $18.30. The purchase occurs in a context of mixed fundamentals: the company reported annual revenue growth of +27.2% and a market cap of $2,036,231,784.99, but the latest quarter showed a net loss of $-35,654,000.00. The timing and magnitude of this new-holder acquisition during a period of recent downside (-13.3% over 90 days) warrants monitoring given the company's profitability challenges despite revenue expansion.

Director McMullen buys 3,085 shares of MNR at $14.39; stock currently $14.40, down 30.1% from 52-week high.

McMullen William Wallace, a director, purchased 3,085 shares at $14.39 on 2025-08-11, a modest addition to his existing 74.82M-share position. The transaction occurred near current price levels ($14.40), with the stock trading 30.1% below its 52-week high of $20.61 and down 3.9% over the past 30 days. His prior trades at MNR (5 buys between June 10–16, 2025) showed mixed short-term results: returns ranging from -1.3% to +8.2% over 30 days, but none have yet reached the 90-day measurement window. Across his full cross-ticker history, his 12 prior open-market buys averaged -6.3% over 90 days with zero wins at that horizon, though the company's fundamentals remain solid: $288.5M quarterly revenue, +27.2% annual growth, P/E of 8.14, and $1.7B market cap.