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Magnolia Oil & Gas Corporation (MGY)

NYSE: MGY · IEX Real-Time Price · USD
21.02 0.35 (1.69%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap3.82B
Revenue (ttm)891.20M
Net Income (ttm)294.80M
Shares Out181.80M
EPS (ttm)1.71
PE Ratio12.32
Forward PE6.80
Dividend$0.08 (0.38%)
Ex-Dividend DateAug 11, 2021
Volume1,819,871
Open21.04
Previous Close20.67
Day's Range20.62 - 21.26
52-Week Range7.01 - 22.09
Beta2.48
AnalystsBuy
Price Target22.75 (+8.2%)
Earnings DateNov 2, 2021

About MGY

Magnolia Oil & Gas Corporation 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 Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2020, its assets consisted of a total leasehold position of 460,398 net acres, including 23,513 net acres in Karnes, Gonzales, DeWitt, and Atascosa counties, Texas; 436,885 net ...

IndustryOil, Gas & Consumable Fuels
IPO DateMay 5, 2017
Employees136
Stock ExchangeNYSE
Ticker SymbolMGY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for MGY stock is "Buy." The 12-month stock price forecast is 22.75, which is an increase of 8.23% from the latest price.

Price Target
$22.75
(8.23% upside)
Analyst Consensus: Buy

News

7 Top-Rated Energy Stocks to Fill Up Your Portfolio

Energy prices have taken off this year and so have energy stocks. But there are still some quality stocks that have plenty of juice left.

Other symbols:CPEFLNGIMOMROMTDROAS
1 day ago - InvestorPlace

4 Promising Liquid Stocks to Snap Up for Higher Returns

Here are four top-ranked liquid stocks, Arch Resources (ARCH), Tesla (TSLA), Magnolia Oil & Gas (MGY) and Winnebago (WGO), which investors can consider for healthy returns.

Other symbols:ARCHTSLAWGO
6 days ago - Zacks Investment Research

Magnolia Oil & Gas Corp (MGY) Down 8.2% Since Last Earnings Report: Can It Rebound?

Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

Is Magnolia Oil & Gas Corp (MGY) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Magnolia Oil & Gas Corp (MGY) and Northern Oil and Gas (NOG) have performed compared to their sector so far this year.

1 week ago - Zacks Investment Research

Magnolia (MGY) Declines 8.5% Despite Beating on Q3 Earnings

Magnolia's (MGY) average realized natural gas price during the third quarter surges 137.3% year over year to $3.75 per thousand cubic feet.

2 weeks ago - Zacks Investment Research

4 Top-Ranked Liquid Stocks to Boost Your Portfolio Returns

Here are four top-performing liquid stocks, Arch Resources (ARCH), ConocoPhillips (COP), Magnolia Oil & Gas (MGY) and Winnebago (WGO), which investors can tap for higher returns.

Other symbols:ARCHCOPWGO
3 weeks ago - Zacks Investment Research

5 Top Oil Stock Earnings Charts

Energy is the best performing sector in the S&P 500 in 2021. With crude over $80, will oil companies see blow out quarters?

Other symbols:COPEOGOXYPXD
1 month ago - Zacks Investment Research

Magnolia Oil & Gas Corp (MGY) Q3 Earnings and Revenues Top Estimates

Magnolia Oil & Gas Corp (MGY) delivered earnings and revenue surprises of 11.67% and 2.43%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Magnolia Oil & Gas Corporation Announces Third Quarter 2021 Results

HOUSTON--(BUSINESS WIRE)--Q3 Earnings Release

1 month ago - Business Wire

Bet on These 5 Top-Performing Liquid Stocks for Robust Returns

Here are five top-ranked liquid stocks, Hibbett (HIBB), Tesla (TSLA), Arch Resources (ARCH), Magnolia Oil & Gas (MGY) and Sonos (SONO), which investors can tap for solid returns.

Other symbols:ARCHHIBBSONOTSLA
1 month ago - Zacks Investment Research

Magnolia Oil & Gas Corp (MGY) Gains But Lags Market: What You Should Know

Magnolia Oil & Gas Corp (MGY) closed the most recent trading day at $21.38, moving +0.19% from the previous trading session.

1 month ago - Zacks Investment Research

Magnolia (MGY) Q3 Earnings Preview: Here's What to Expect

Magnolia Oil & Gas (MGY) beat the Zacks Consensus Estimate in each of the last four quarters, delivering an earnings surprise of 39.27%, on average.

1 month ago - Zacks Investment Research

Magnolia Oil & Gas Corp (MGY) Reports Next Week: Wall Street Expects Earnings Growth

Magnolia Oil & Gas Corp (MGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Can Magnolia Oil & Gas Corp (MGY) Run Higher on Rising Earnings Estimates?

Magnolia Oil & Gas Corp (MGY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for October 11th

WLL, COP, RGP, and MGY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 11, 2021.

Other symbols:COPRGPWLL
1 month ago - Zacks Investment Research

What Makes Magnolia Oil & Gas Corp (MGY) a Strong Momentum Stock: Buy Now?

Does Magnolia Oil & Gas Corp (MGY) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Can Magnolia Oil & Gas Corp (MGY) Keep the Earnings Surprise Streak Alive?

Magnolia Oil & Gas Corp (MGY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

Oil Price Hits 7-Year High Mark: Bet on 3 Upstream Firms

The significant crude price recovery indicates sunny prospects for oil explorers and producers. CLR, MGY & WLL with their promising upstream businesses are thus well poised to gain from such an upbeat s...

Other symbols:CLRWLL
2 months ago - Zacks Investment Research

Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2021 Results

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2021 Results

2 months ago - Business Wire

Groningen Gas Field to be Phased out Next Year Ahead of Time

Output at Groningen will be trimmed by more than 50% to 3.9 billion cubic meters (bcm) in the year through October 2022, which will be the final year of regular production.

Other symbols:CLRXOM
2 months ago - Zacks Investment Research

Magnolia Oil & Gas Corp (MGY) Soars 7.3%: Is Further Upside Left in the Stock?

Magnolia Oil & Gas Corp (MGY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the n...

2 months ago - Zacks Investment Research

Make the Most of Soaring Natural Gas Prices with These 5 Plays (revised)

Soaring energy prices and cheap valuations make this group attractive.

Other symbols:CLRGDPLNGRRC
2 months ago - Zacks Investment Research

Pricing of EnerVest Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (NYSE: MGY) (“Magnolia” or the “Company”) today announced the pricing of the previously announced underwritten block trade of 7,500,000 shares of...

2 months ago - Business Wire

Tap the Crude Rally With These 3 Promising Upstream Firms

Improving fuel demand amid tight supply will continue to keep the crude pricing scenario favorable for exploration and production companies. MGY, WLL & MTDR are therefore well poised to gain.

Other symbols:MTDRWLL
2 months ago - Zacks Investment Research

EnerVest Proposed Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia

HOUSTON--(BUSINESS WIRE)--EnerVest Proposed Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia

2 months ago - Business Wire