CEO Tom Ward Acquires $2 Million in Mach Natural Resources Units
Tom L. Ward, CEO and major shareholder of Mach Natural Resources LP (NYSE: MNR), acquired approximately 172,000 common units for around $2 million through an indirect trust, as disclosed via a recent SEC Form 4 filing. The purchase was made at a weighted average price of $11.60 per unit and is part of Ward's broader ownership stake in the company. Ward now holds approximately 28.4 million common units representing about 17% of Mach Natural Resources, with indirect holdings spread across multiple trusts and entities including The Tom L. Ward Family Foundation and Mach Resources LLC. This acquisition occurred at a price lower than the market close on the transaction date (Sept. 14, 2026), which was $12.49 per share. Mach Natural Resources is an upstream oil and gas producer operating primarily in the Anadarko Basin with a current market cap of approximately $1.8 billion. The company reported trailing twelve-month revenues of $1.4 billion and net income of $243.6 million as of recent data.
Tickers: $MNR
Topics: M&A ownership changes