Mach Natural Resources Chairman Buys Shares Amid Market Volatility
William Wallace McMullen, chairman of Mach Natural Resources LP (NYSE: MNR), purchased 34,514 shares for approximately $389,000 on September 15, 2026. The transaction was disclosed in an SEC Form 4 filing and occurred at a weighted average price of $11.27 per share. The stock had experienced a negative return of about 16% over the preceding twelve months before this purchase. Mach Natural Resources operates as an upstream energy company focused on crude oil and natural gas production in the Anadarko Basin, with recent financials showing revenue of $1.4 billion (TTM) and net income of $243.6 million. The insider's direct ownership remains minimal at 22,124 shares post-transaction, while indirect holdings through affiliated entities amount to approximately 74.9 million shares.
Tickers: $MNR