Mach Natural Resources Starts U.S. IPO Effort

Summary

  • Mach Natural Resources LP has filed for a $100 million IPO to raise capital for its oil and gas exploration operations, although the final figure may be higher.
  • The company operates in the Anadarko Basin in the U.S. and has acquired approximately 936,000 acres of drilling rights.
  • Mach Natural Resources has produced strong financial results recently.
  • I'll provide an update when we learn more about the IPO from management.
  • Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Learn More »

Gas Pipeline In Front Of The Oil Pump

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A Quick Take On Mach Natural Resources LP

Mach Natural Resources LP (NYSE:MNR) has filed to raise $100 million in an IPO of its common units representing limited partner interests, according to an SEC S-1 registration statement.

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This article was written by

21.12K Followers

Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software companies.

He also leads the investing group IPO Edge, which offers actionable information on growth stocks through first-look IPO filings, previews on upcoming IPOs, an IPO calendar for tracking what’s on the horizon, a database of U.S. IPOs, and a guide to IPO investing to walk you through the entire IPO lifecycle - from filing to listing to quiet period and lockup expiration dates.

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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