Magnolia Oil & Gas Corporation (MGY)
| Market Cap | 5.18B +21.7% |
| Revenue (ttm) | 1.32B -2.0% |
| Net Income | 317.63M -16.1% |
| EPS | 1.72 -14.4% |
| Shares Out | 184.95M |
| PE Ratio | 16.19 |
| Forward PE | 9.18 |
| Dividend | $0.66 (2.36%) |
| Ex-Dividend Date | May 12, 2026 |
| Volume | 190,931 |
| Open | 28.19 |
| Previous Close | 27.81 |
| Day's Range | 27.75 - 28.28 |
| 52-Week Range | 21.07 - 32.76 |
| Beta | 0.69 |
| Analysts | Buy |
| Price Target | 33.82 (+20.74%) |
| Earnings Date | Jul 29, 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 $33.82, which is an increase of 20.74% from the latest price.
News
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.
Magnolia Oil & Gas Slides: Q1 2026
Magnolia Oil & Gas has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.
Magnolia Oil & Gas Quarterly report: Q1 2026
Magnolia Oil & Gas has published its Q1 2026 quarterly earnings report on May 7, 2026.
Magnolia Oil & Gas reports Q1 EPS 54c, consensus 52c
Reports Q1 revenue $358.5M, consensus $354.4M. “Magnolia’s first quarter financial and operating metrics delivered a strong start to 2026,” said Chairman, President and CEO Chris Stavros. “Our consist...
Magnolia Oil & Gas Corporation Announces First Quarter 2026 Results
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces First Quarter 2026 Results.
While Asia and Europe scramble for natural gas, the US glut has nowhere to go
The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away.
Magnolia Oil & Gas Announces Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces Quarterly Dividend.
Magnolia Oil & Gas price target raised to $36 from $33 at BofA
BofA analyst Noah Hungness raised the firm’s price target on Magnolia Oil & Gas to $36 from $33 and keeps a Buy rating on the shares. The firm is updating…
Magnolia Oil & Gas price target raised to $34 from $33 at Truist
Truist raised the firm’s price target on Magnolia Oil & Gas to $34 from $33 and keeps a Hold rating on the shares ahead of its Q1 results. The firm…
Magnolia Oil & Gas price target raised to $35 from $33 at Clear Street
Clear Street raised the firm’s price target on Magnolia Oil & Gas to $35 from $33 and keeps a Buy rating on the shares ahead of the Q1 report on…
Magnolia Oil & Gas price target lowered to $32 from $35 at Citi
Citi lowered the firm’s price target on Magnolia Oil & Gas to $32 from $35 and keeps a Neutral rating on the shares.
Magnolia Oil & Gas price target raised to $32 from $25 at Wells Fargo
Wells Fargo raised the firm’s price target on Magnolia Oil & Gas to $32 from $25 and keeps an Equal Weight rating on the shares. The firm expects steady Q1…
Magnolia Oil & Gas downgraded to Neutral from Buy at Roth Capital
Roth Capital downgraded Magnolia Oil & Gas to Neutral from Buy with a price target of $32, up from $29. The firm believes oil prices have likely peaked. Oil is…
These energy stocks are especially cheap when you consider how expensive oil has become
Among equity analysts, a “rerating” is when the stock market catches up to an underlying trend. Energy stocks had started to increase before the attack against Iran by the U.S. and Israel caused oil p...
Magnolia Oil & Gas price target raised to $38 from $30 at KeyBanc
KeyBanc raised the firm’s price target on Magnolia Oil & Gas to $38 from $30 and keeps an Overweight rating on the shares. With Q1 over, the firm is resetting…
Magnolia Oil & Gas Schedules Conference Call for First Quarter 2026 Results
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for First Quarter 2026 Results.
Magnolia Oil & Gas price target raised to $35 from $29 at Citi
Citi analyst Paul Diamond raised the firm’s price target on Magnolia Oil & Gas to $35 from $29 and keeps a Neutral rating on the shares. The firm updated small-cap…
Magnolia Oil & Gas Proxy statement: Proxy filing
Magnolia Oil & Gas filed a proxy statement on March 24, 2026, providing details for shareholder voting and corporate governance matters.
Magnolia Oil & Gas Proxy statement: Proxy filing
Magnolia Oil & Gas filed a proxy statement on March 24, 2026, providing details for shareholder voting and corporate governance matters.
Magnolia Oil & Gas initiated with a Hold at Truist
Truist initiated coverage of Magnolia Oil & Gas with a Hold rating and $33 price target The recent swing gin commodity prices likely benefits Magnolia the most in the firm’s…
Magnolia Oil & Gas price target raised to $32 from $27 at JPMorgan
JPMorgan raised the firm’s price target on Magnolia Oil & Gas to $32 from $27 and keeps a Neutral rating on the shares. The firm says oil market fundamentals “shifted…