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Mach Natural Resources LP (Mach Natural Resources LP) Price-to-Tangible-Book : 1.63 (As of May. 05, 2024)


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What is Mach Natural Resources LP Price-to-Tangible-Book?

As of today (2024-05-05), Mach Natural Resources LP's share price is $20.44. Mach Natural Resources LP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $12.54. Hence, Mach Natural Resources LP's Price to Tangible Book Ratio of today is 1.63.

The historical rank and industry rank for Mach Natural Resources LP's Price-to-Tangible-Book or its related term are showing as below:

MNR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31   Med: 1.31   Max: 1.63
Current: 1.63

During the past 3 years, Mach Natural Resources LP's highest Price to Tangible Book Ratio was 1.63. The lowest was 1.31. And the median was 1.31.

MNR's Price-to-Tangible-Book is ranked worse than
60% of 930 companies
in the Oil & Gas industry
Industry Median: 1.32 vs MNR: 1.63

A closely related ratio is called PB Ratio. As of today, Mach Natural Resources LP's share price is $20.44. Mach Natural Resources LP's Book Value per Sharefor the quarter that ended in Dec. 2023 was $12.54. Hence, Mach Natural Resources LP's P/B Ratio of today is 1.63.

Mach Natural Resources LP Price-to-Tangible-Book Historical Data

The historical data trend for Mach Natural Resources LP's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mach Natural Resources LP Price-to-Tangible-Book Chart

Mach Natural Resources LP Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 1.31

Mach Natural Resources LP Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - 1.31

Competitive Comparison of Mach Natural Resources LP's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Mach Natural Resources LP's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mach Natural Resources LP's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mach Natural Resources LP's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mach Natural Resources LP's Price-to-Tangible-Book falls into.


Mach Natural Resources LP Price-to-Tangible-Book Calculation

Mach Natural Resources LP's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=20.44/12.544
=1.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Mach Natural Resources LP Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mach Natural Resources LP's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Mach Natural Resources LP (Mach Natural Resources LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mach Natural Resources LP (NYSE:MNR) » Definitions » Price-to-Tangible-Book
Comparable Companies
TALO STR ESTE HPK KRP HHRS NEXT VTLE DMLP CRGY COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
N/A
Address
14201 Wireless Way, Suite 300, Oklahoma, OK, USA, 73134
Website
https://www.machresources.com
Mach Natural Resources LP is an independent upstream oil and gas company engaged in 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.
Executives
Frank A Keating director, other: See Remarks 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Giesinger Edgar R. Jr. director, other: See Remarks 1915 SANDGATE FALLS, HOUSTON TX 77062
Tom L. Ward director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Kevin R. White officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
William Wallace Mcmullen director, 10 percent owner, other: See Remarks 1201 LOUISIANA STREET, SUITE 3308, HOUSTON TX 77002
Bayou City Energy Management Llc 10 percent owner 1201 LOUISIANA STREET, SUITE 3308, HOUSTON TX 77002
Reineke Daniel T Jr. officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Michael E Reel officer: See Remarks, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Stephen C Perich director, other: See Remarks C/O MACH NATURAL RESOURCES, 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134
Bce-mach Aggregator Llc 10 percent owner 14201 WIRELESS WAY, SUITE 300, OKLAHOMA CITY OK 73134