Magnolia Oil & Gas Corporation (MGY)
| Market Cap | 4.64B +4.2% |
| Revenue (ttm) | 1.32B -2.0% |
| Net Income | 317.63M -16.1% |
| EPS | 1.72 -14.4% |
| Shares Out | 184.95M |
| PE Ratio | 14.55 |
| Forward PE | 8.97 |
| Dividend | $0.66 (2.63%) |
| Ex-Dividend Date | May 12, 2026 |
| Volume | 36,975,233 |
| Open | 24.13 |
| Previous Close | 25.53 |
| Day's Range | 24.06 - 25.20 |
| 52-Week Range | 21.07 - 32.76 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 32.20 (+28.34%) |
| 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 17 analysts, the average rating for MGY stock is "Buy." The 12-month stock price target is $32.2, which is an increase of 28.34% from the latest price.
News
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.
Magnolia Oil & Gas announces $1B Class A common stock offering
Magnolia Oil & Gas Corporation announced that it has commenced an underwritten public offering of $1B of shares of its Class A common stock. Magnolia intends to use the net…
Magnolia Oil & Gas Corporation Announces Proposed Public Offering of Class A Common Stock
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces Proposed Public Offering of Class A Common Stock.
Magnolia Oil & Gas Transcript: M&A announcement
The acquisition more than doubles the acreage position, creating a dominant operator in South Texas with significant synergies and cost savings expected. Funded through a balanced mix of cash, equity, and debt, the deal is projected to drive strong free cash flow, dividend growth, and rapid deleveraging.
Magnolia Oil & Gas Press release: M&A announcement
Magnolia Oil & Gas issued a press release on July 20, 2026, disclosing material business information to investors.
Magnolia Oil & Gas Slides: M&A announcement
Magnolia Oil & Gas has posted slides in relation to its latest quarterly earnings report, which was published on July 20, 2026.
Magnolia Oil & Gas to buy WildFire Energy in $4.06 billion deal
Magnolia Oil & Gas said on Monday it had agreed to acquire WildFire Energy for about $4.06 billion, including debt, to expand its position in the Giddings field in South Texas.
Magnolia Oil & Gas to acquires WildFire Energy for $4.06B
Magnolia Oil & Gas entered into a definitive purchase agreement to acquire WildFire Energy for approximately $4.06B, inclusive of WildFire’s debt and subject to customary purchase price adjustments. T...
Magnolia Oil & Gas says Q2 total production averaged 106.1 Mboe/d
Magnolia’s second quarter total production averaged 106.1 Mboe/d with oil production of 41.9 Mbo/d. D&C capital for the second quarter was $125 million, and the Company ended the quarter with…
Magnolia Oil & Gas Announces Acquisition of WildFire Energy
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces Acquisition of WildFire Energy.
Magnolia Oil & Gas price target lowered to $29 from $32 at Citi
Citi lowered the firm’s price target on Magnolia Oil & Gas to $29 from $32 and keeps a Neutral rating on the shares. The firm updated its model with revised…
Magnolia Oil & Gas price target lowered to $34 from $38 at UBS
UBS lowered the firm’s price target on Magnolia Oil & Gas to $34 from $38 and keeps a Buy rating on the shares.
Magnolia Oil & Gas Schedules Conference Call for Second Quarter 2026 Results
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Second Quarter 2026 Results.
Magnolia Oil & Gas price target lowered to $32 from $34 at Truist
Truist lowered the firm’s price target on Magnolia Oil & Gas to $32 from $34 and keeps a Hold rating on the shares as part of a broader research note…
Magnolia Oil & Gas emerges as frontrunner to acquire WildFire, Bloomberg says
Magnolia Oil & Gas has become the frontrunner to acquire WildFire Energy for over $4B in what would amount to its biggest-ever acquisition, Bloomberg’s David Carnevali, Ryan Gould, and David…
COP, PR, and FANG Stocks Rise as Roth Capital Upgrades to Buy after Recent Pullback
Shares of ConocoPhillips ($COP), Permian Resources ($PR), Diamondback Energy ($FANG), APA Corporation ($APA), Magnolia Oil & Gas ($MGY), Matador Resources ($MTDR), and SM Energy ($SM) trended higher i...
Magnolia Oil & Gas upgraded to Buy from Neutral at Roth Capital
Roth Capital analyst Leo Mariani upgraded Magnolia Oil & Gas to Buy from Neutral with an unchanged price target of $31. The firm upgraded a handful of exploration and production…
Magnolia Oil & Gas price target raised to $35 from $33 at Mizuho
Mizuho raised the firm’s price target on Magnolia Oil & Gas to $35 from $33 and keeps an Outperform rating on the shares. The firm expects the impact of Iran…
Magnolia Oil & Gas price target lowered to $31 from $32 at Wells Fargo
Wells Fargo analyst Hanwen Chang lowered the firm’s price target on Magnolia Oil & Gas to $31 from $32 and keeps an Equal Weight rating on the shares. The firm…
Magnolia Oil & Gas Transcript: AGM 2026
The meeting, held virtually, saw all eight director nominees re-elected, approval of executive compensation, and ratification of the independent auditor. Quorum was achieved with 97% of shares represented, and all proposals passed.
Magnolia Oil & Gas Earnings Call Transcript: Q1 2026
Q1 2026 saw strong financial and operational results, with 6% production growth, $101M net income, and $146M free cash flow. Bolt-on acquisitions expanded core assets, and shareholder returns increased via dividends and buybacks. Guidance for 2026 production growth remains at 5%.
Magnolia Oil & Gas Earnings release: Q1 2026
Magnolia Oil & Gas released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.