During his collegiate career at Oklahoma, McNatt broke the Big Six Conference single-game scoring record on two occasions.

[12] In the 1939 NCAA Division I men's basketball tournament, McNatt led his team to the first-ever Final Four.

He topped all scorers with 12 points in the national quarterfinals (“Western Regional semifinal”) as the Sooners defeated Utah State 50-39.

[2] To advance to the Western Regional, the Big Six Conference Champion Sooners first had to defeat Missouri Valley Conference Champion Oklahoma A&M, coached by Hank Iba and led by Jesse Renick, on a neutral court in Oklahoma City one week earlier.

[18] In McNatt's final season, Phillips 66 defeated the San Diego Dons by the score of 45-34 in the AAU championship game.