Magnolia Oil & Gas Corporation (MGY)
| Market Cap | 6.22B +31.8% |
| Revenue (ttm) | 1.48B +11.4% |
| Net Income | 419.88M +16.2% |
| EPS | 2.29 +19.1% |
| Shares Out | 236.97M |
| PE Ratio | 11.49 |
| Forward PE | 8.61 |
| Dividend | $0.72 (2.74%) |
| Ex-Dividend Date | Aug 10, 2026 |
| Volume | 3,049,445 |
| Open | 26.71 |
| Previous Close | 26.65 |
| Day's Range | 26.19 - 26.97 |
| 52-Week Range | 21.07 - 32.76 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 32.88 (+25.26%) |
| Earnings Date | Aug 5, 2026 |
About MGY
Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company’s properties are located primarily in Karnes County and the Giddings area in South Texas comprising the Eagle Ford Shale and the Austin Chalk formation. The company was incorporated in 2017 and is headquartered in Houston, Texas.
Financial Performance
In 2025, Magnolia Oil & Gas's revenue was $1.31 billion, a decrease of -0.31% compared to the previous year's $1.32 billion. Earnings were $320.80 million, a decrease of -11.27%.
Financial StatementsAnalyst Summary
According to 18 analysts, the average rating for MGY stock is "Buy." The 12-month stock price target is $32.88, which is an increase of 25.26% from the latest price.
News
Magnolia Oil & Gas upgraded to Accumulate from Hold at Johnson Rice
Johnson Rice analyst Charles Meade upgraded Magnolia Oil & Gas to Accumulate from Hold with a price target of $32, down from $33.
Magnolia Oil & Gas price target raised to $36 from $31 at Wells Fargo
Wells Fargo raised the firm’s price target on Magnolia Oil & Gas to $36 from $31 and keeps an Equal Weight rating on the shares. The 2027 setup for the…
Magnolia Oil & Gas price target raised to $37 from $36 at Susquehanna
Susquehanna analyst Charles Minervino raised the firm’s price target on Magnolia Oil & Gas to $37 from $36 and keeps a Positive rating on the shares. The firm updated its…
Magnolia Oil & Gas price target lowered to $27 from $29 at Citi
Citi lowered the firm’s price target on Magnolia Oil & Gas to $27 from $29 and keeps a Neutral rating on the shares.
Magnolia Oil & Gas price target raised to $37 from $35 at Clear Street
Clear Street analyst Tim Moore raised the firm’s price target on Magnolia Oil & Gas to $37 from $35 and keeps a Buy rating on the shares. After a Q2…
Magnolia Oil & Gas Earnings Call Transcript: Q2 2026
Q2 2026 saw record production and strong financials, with adjusted net income of $184M and free cash flow of $235M. The $4.06B WildFire Energy acquisition will add scale and is expected to be highly accretive, with a focus on rapid debt reduction and continued shareholder returns.
Magnolia Oil & Gas Earnings release: Q2 2026
Magnolia Oil & Gas released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Magnolia Oil & Gas Slides: Q2 2026
Magnolia Oil & Gas has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Magnolia Oil & Gas Quarterly report: Q2 2026
Magnolia Oil & Gas has published its Q2 2026 quarterly earnings report on August 6, 2026.
Magnolia Oil & Gas reports Q2 EPS 97c, consensus 94c
Reports Q2 revenue $478.811M, consensus $462.58M. “Our second quarter results continue to underscore the strength of Magnolia’s differentiated business model and the quality of our asset base,” said M...
Magnolia Oil & Gas Corporation Announces Second Quarter 2026 Results
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces Second Quarter 2026 Results.
Magnolia Oil & Gas management to meet with KeyBanc
Meeting to be held in Denver on August 11 hosted by KeyBanc.
Magnolia Oil & Gas declares previously announced 9% dividend increase
Magnolia Oil & Gas announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per common share, payable on September 1, 2026, to shareholders of record…
Magnolia Oil & Gas Board Declares Previously Announced 9 Percent Dividend Increase
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Board Declares Previously Announced 9 Percent Dividend Increase.
Truist upgrades Magnolia Oil & Gas to Buy on WildFire acquisition
As previously reported, Truist upgraded Magnolia Oil & Gas to Buy from Hold with a price target of $33, up from $32. The firm views the WildFire acquisition favorably, given…
Magnolia Oil & Gas upgraded to Buy from Hold at Truist
Truist upgraded Magnolia Oil & Gas to Buy from Hold with a $33 price target
Magnolia Oil & Gas price target lowered to $29 from $30 at Roth Capital
Roth Capital lowered the firm’s price target on Magnolia Oil & Gas to $29 from $30 and keeps a Buy rating on the shares. The firm is adjusting its model…
Magnolia Oil & Gas Operating LLC Announces Pricing of Offering of $500 Million Senior Notes
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Operating LLC Announces Pricing of Offering of $500 Million Senior Notes.
Magnolia Oil & Gas announces proposed offering of $500M senior notes
Magnolia Oil & Gas Operating announced that they intend to offer, subject to market conditions and other factors, $500M in aggregate principal amount of senior unsecured notes due 2034 in…
Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $500 Million Senior Notes
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $500 Million Senior Notes.
Magnolia Oil & Gas price target lowered to $33 from $35 at Mizuho
Mizuho lowered the firm’s price target on Magnolia Oil & Gas to $33 from $35 and keeps an Outperform rating on the shares. The firm sees a high bar of…
Magnolia Oil & Gas price target raised to $36 from $35 at Susquehanna
Susquehanna raised the firm’s price target on Magnolia Oil & Gas to $36 from $35 and keeps a Positive rating on the shares. The firm is updating estimates and price…
Warburg Pincus and Kayne Anderson to Sell WildFire Energy to Magnolia Oil & Gas for $4.06 Billion
Founded in partnership with Kayne Anderson and Warburg Pincus in 2019, WildFire Energy has become a leading private, large-scale oil-weighted platform NEW YORK and HOUSTON, July 21, 2026 /PRNewswire/ ...
Magnolia Oil & Gas 46.3M share Spot Secondary priced at $23.75
The deal range was $23.75-$24.75. JPMorgan, Goldman Sachs, Citi, Wells Fargo, BofA, Capital One, Fifth Third, KeyBanc, MUFG, PNC Capital, Regions Securities, Scotiabank and Truist acted as joint book ...
Magnolia Oil & Gas Corporation Announces Pricing of Public Offering of Class A Common Stock
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces Pricing of Offering of Public Offering of Class A Common Stock.