Northland Securities Lowers Forecast for MNR Q1 Earnings

Analysts cite weaker-than-expected performance for Mach Natural Resources in the first quarter.

Mar. 17, 2026 at 11:22am

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Northland Securities has lowered its Q1 2026 earnings per share estimate for Mach Natural Resources LP (NYSE:MNR) from $0.27 to $0.25. The consensus estimate for the company's current full-year earnings is $1.95 per share. Northland Securities also issued revised estimates for Mach Natural Resources' Q3 2026, Q4 2026, FY2026, and FY2027 earnings.

Why it matters

Mach Natural Resources is an independent upstream oil and gas company focused on the Anadarko Basin region. Analysts' earnings forecasts are closely watched by investors as they provide insights into the company's financial performance and outlook.

The details

Northland Securities analyst J. Grampp cited weaker-than-expected performance for Mach Natural Resources in the first quarter as the reason for the lowered earnings estimate. The company's stock has seen a range of ratings from analysts, with two 'Strong Buy' ratings, two 'Buy' ratings, one 'Hold' rating, and two 'Sell' ratings, resulting in a 'Moderate Buy' consensus rating.

  • Northland Securities issued the updated earnings estimates on Monday, March 16, 2026.
  • Mach Natural Resources reported its Q1 2026 earnings on Thursday, March 12, 2026.

The players

Northland Securities

An investment banking and asset management firm that provides research and analysis on Mach Natural Resources.

J. Grampp

The Northland Securities analyst who issued the revised earnings estimates for Mach Natural Resources.

Mach Natural Resources LP

An independent upstream oil and gas company focused on the Anadarko Basin region.

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What they’re saying

“Northland Securities analyst J. Grampp now expects that the company will post earnings of $0.25 per share for the quarter, down from their prior estimate of $0.27.”

— J. Grampp, Analyst (themarketsdaily.com)

The takeaway

Mach Natural Resources' earnings forecast revision by Northland Securities highlights the volatility and uncertainty in the oil and gas industry, as analysts adjust their projections based on the company's performance. Investors will be closely watching the company's upcoming quarterly results to gauge its financial health and outlook.