Mach Natural Resources LP (MNR)
(Delayed Data from NYSE)
$19.22 USD
+0.02 (0.10%)
Updated Jul 25, 2024 04:00 PM ET
After-Market: $19.20 -0.02 (-0.10%) 7:20 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MNR 19.22 +0.02(0.10%)
Will MNR be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for MNR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MNR
Mach Natural Resources LP (MNR) Upgraded to Strong Buy: What Does It Mean for the Stock?
Has Mach Natural Resources LP (MNR) Outpaced Other Oils-Energy Stocks This Year?
MNR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Here's Why Momentum in Mach Natural Resources LP (MNR) Should Keep going
Here's How SONY is Placed Just Ahead of Q4 Earnings Release
What Makes Mach Natural Resources LP (MNR) a New Buy Stock
Other News for MNR
Mach Natural Resources management to meet with Stephens
Mach Natural Resources LP Schedule K-3 for 2023 Now Available
Mach Natural Resources LP (MNR) Q1 2024 Earnings Call Transcript Highlights: Strategic Insights ...
Mach Natural Resources LP (MNR) Q1 2024 Earnings Call Transcript
Analysts Are Bullish on These Energy Stocks: Western Midstream Partners (WES), Oneok (OKE)