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    Kerry Mangano

    Financial Advisor at Stifel

    Kerry Mangano is a Financial Advisor at Stifel's Newport Beach office, offering personalized wealth management services after a distinguished 26-year tenure at Wells Fargo Clearing Services and A.G. Edwards. He has overseen more than $110 million in client assets, consistently delivering tailored investment strategies for high-net-worth individuals and families. Mangano joined Stifel in 2018, bringing decades of advisory experience and a reputation for client-focused service. He holds relevant FINRA securities licenses and maintains a robust compliance record, underscoring his commitment to professionalism and industry standards.

    Kerry Mangano's questions to MACH NATURAL RESOURCES (MNR) leadership

    Kerry Mangano's questions to MACH NATURAL RESOURCES (MNR) leadership • Q2 2025

    Question

    Kerry Mangano asked about the acquisition strategy, specifically whether preference was given to deals that accepted equity as partial payment and if the company had passed on other potential all-cash deals.

    Answer

    CEO Tom Ward stated that taking equity was a critical component and the only way the company could complete large acquisitions (over $300-$400 million) while maintaining its target leverage ratio. He confirmed they look at many deals and often submit bids with equity that are declined in favor of all-cash offers from competitors, but argued that taking MNR equity is a better long-term value proposition for sellers.

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