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Mach Natural Resources LP Announces Q3 Results and Shift to Oil-Focused Drilling

The Motley Fool +1 · ·by G4L

MNR
MNR Mach Natural Resources LP
$9.19 +2.11%
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  1. 1Mach Natural Resources LP announced its third-quarter results.
  2. 2Mach Natural Resources LP is shifting its focus to oil-centered drilling in the Oswego region and will halt natural gas drilling.
  3. 3Mach Natural Resources LP declared a quarterly dividend of $0.22 per unit.

So what's the key point?

Mach Natural Resources LP has decided to focus on extracting oil and will stop drilling for gas. The company will pay shareholders $0.22 per unit.

Source The Motley Fool +1 · View original ↗

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