Published On Apr 15, 2024
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š In today's video, Moe Zulfiqar and John Whitefoot discuss the dividend stock of Mach Natural Resources (NYSE:MNR).
Mach Natural Resources is an energy and exploration company focused on the acquisition, development and production of oil, natural gas and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas and the panhandle of Texas. Back in October 2023, Mach completed the largest IPO for an energy and exploration company since 2017 and in December 2023 it closed on the $815 million acquisition of Paloma Anadarko Basin Assets in Oklahoma from privately-held Paloma Partners.
š Timestamps:
0:00 - Mach Natural Resources LP
1:40 - Oil and Natural Gas
3:19 - Financial
4:13 - Dividend Investing
4:51 - MNR Stock
6:02 - Conclusion
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