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Magnolia Oil & Gas (MGY) Stock

Profile

Sector:

Energy

Country:

United States

IPO:

29 June 2017

Indexes:

Not included

Description:

Magnolia Oil & Gas Corporation is an American oil and gas company engaged in the development, exploration, and production of oil and natural gas deposits. It is a Delaware corporation established in February 2017. The company owns assets located in the Eagle Ford shale play and Austin Chalk formation in South Texas. It operates in Karnes County and at the Giddings field. Under its management, there is a clean acreage of 14,070 acres in Karnes County and approximately 360,000 acres at the Giddings field.

Key Details

Price

$23.97

TTM Dividend Yield

2.17%(+2.84% YoY)

PE Ratio

11.87(+11.88% YoY)

Beta

0.84

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Feb 15, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 08, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

17 Dec '24 Piper Sandler
Neutral
16 Dec '24 Mizuho
Neutral
01 Nov '24 Truist Securities
Buy
15 Oct '24 Benchmark
Hold
01 Oct '24 Wells Fargo
Underweight
30 Sept '24 Truist Securities
Buy
16 Sept '24 Mizuho
Neutral
12 Sept '24 JP Morgan
Neutral
04 Sept '24 Susquehanna
Positive
15 Aug '24 Piper Sandler
Neutral

Market Data

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Institutional Ownership

Magnolia Oil And Gas Solid But High-Priced
Magnolia Oil And Gas Solid But High-Priced
Magnolia Oil And Gas Solid But High-Priced
MGY
seekingalpha.com09 November 2024

Magnolia Oil and Gas, a company valued at $5.4 billion that operates in south and southeast Texas, offers a 1.9% dividend and is repurchasing its shares. While it might be a target for acquisition, it is currently rated as a hold since it is at the peak of its 52-week range, has a modest dividend, and faces significant short interest. The company is well-managed, has low debt, and concentrates on oil production.

Magnolia Oil & Gas' Q3 Earnings Lag Y/Y, Revenues Beat Estimates
Magnolia Oil & Gas' Q3 Earnings Lag Y/Y, Revenues Beat Estimates
Magnolia Oil & Gas' Q3 Earnings Lag Y/Y, Revenues Beat Estimates
MGY
zacks.com05 November 2024

MGY plans to invest $125 million in drilling and completion during the fourth quarter of 2024, expecting to produce 93 Mboe/d.

Magnolia Oil & Gas Corporation (MGY) Q3 2024 Earnings Call Transcript
Magnolia Oil & Gas Corporation (MGY) Q3 2024 Earnings Call Transcript
Magnolia Oil & Gas Corporation (MGY) Q3 2024 Earnings Call Transcript
MGY
seekingalpha.com31 October 2024

Magnolia Oil & Gas Corporation (NYSE:MGY) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 11:00 AM ET. The call will feature company representatives, including Tom Fitter from Investor Relations and Chris Stavros, the President and CEO. Cindy will be moderating the call, welcoming everyone to the discussion.

Magnolia (MGY) Q2 Earnings Rise Y/Y, Revenues Lag Estimates
Magnolia (MGY) Q2 Earnings Rise Y/Y, Revenues Lag Estimates
Magnolia (MGY) Q2 Earnings Rise Y/Y, Revenues Lag Estimates
MGY
zacks.com05 August 2024

Magnolia (MGY) intends to spend $120 million on drilling and completion in the third quarter of 2024, expecting to produce 91,000 barrels of oil equivalent each day.

Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Value Stock
Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Value Stock
Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Value Stock
MGY
zacks.com08 July 2024

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Momentum Stock
Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Momentum Stock
Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Momentum Stock
MGY
zacks.com25 June 2024

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Value Stock
Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Value Stock
Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Value Stock
MGY
zacks.com21 June 2024

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Glancy Prongay & Murray LLP Announces Investigation of Magnolia Oil & Gas Corporation
Glancy Prongay & Murray LLP Announces Investigation of Magnolia Oil & Gas Corporation
Glancy Prongay & Murray LLP Announces Investigation of Magnolia Oil & Gas Corporation
MGY
businesswire.com10 June 2024

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Magnolia Oil & Gas Corporation (NYSE: MGY) concerning the Company and its directors' and officers' possible violations of state laws. If you own Magnolia Oil & Gas stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New.

Why Magnolia Oil & Gas Corp (MGY) is a Top Value Stock for the Long-Term
Why Magnolia Oil & Gas Corp (MGY) is a Top Value Stock for the Long-Term
Why Magnolia Oil & Gas Corp (MGY) is a Top Value Stock for the Long-Term
MGY
zacks.com05 June 2024

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Magnolia Oil & Gas Corp (MGY) is a Top Momentum Stock for the Long-Term
Why Magnolia Oil & Gas Corp (MGY) is a Top Momentum Stock for the Long-Term
Why Magnolia Oil & Gas Corp (MGY) is a Top Momentum Stock for the Long-Term
MGY
zacks.com29 May 2024

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

FAQ

  • What is the primary business of Magnolia Oil & Gas?
  • What is the ticker symbol for Magnolia Oil & Gas?
  • Does Magnolia Oil & Gas pay dividends?
  • What sector is Magnolia Oil & Gas in?
  • What industry is Magnolia Oil & Gas in?
  • What country is Magnolia Oil & Gas based in?
  • When did Magnolia Oil & Gas go public?
  • Is Magnolia Oil & Gas in the S&P 500?
  • Is Magnolia Oil & Gas in the NASDAQ 100?
  • Is Magnolia Oil & Gas in the Dow Jones?
  • When was Magnolia Oil & Gas's last earnings report?
  • When does Magnolia Oil & Gas report earnings?
  • Should I buy Magnolia Oil & Gas stock now?

What is the primary business of Magnolia Oil & Gas?

Magnolia Oil & Gas Corporation is an American oil and gas company engaged in the development, exploration, and production of oil and natural gas deposits. It is a Delaware corporation established in February 2017. The company owns assets located in the Eagle Ford shale play and Austin Chalk formation in South Texas. It operates in Karnes County and at the Giddings field. Under its management, there is a clean acreage of 14,070 acres in Karnes County and approximately 360,000 acres at the Giddings field.

What is the ticker symbol for Magnolia Oil & Gas?

The ticker symbol for Magnolia Oil & Gas is NYSE:MGY

Does Magnolia Oil & Gas pay dividends?

Yes, Magnolia Oil & Gas pays dividends. The last payment was $0.13, with an ex-dividend date on 08 November 2024

What sector is Magnolia Oil & Gas in?

Magnolia Oil & Gas is in the Energy sector

What industry is Magnolia Oil & Gas in?

Magnolia Oil & Gas is in the Oil & Gas Equipment & Services industry

What country is Magnolia Oil & Gas based in?

Magnolia Oil & Gas is headquartered in United States

When did Magnolia Oil & Gas go public?

Magnolia Oil & Gas's initial public offering (IPO) was on 29 June 2017

Is Magnolia Oil & Gas in the S&P 500?

No, Magnolia Oil & Gas is not included in the S&P 500 index

Is Magnolia Oil & Gas in the NASDAQ 100?

No, Magnolia Oil & Gas is not included in the NASDAQ 100 index

Is Magnolia Oil & Gas in the Dow Jones?

No, Magnolia Oil & Gas is not included in the Dow Jones index

When was Magnolia Oil & Gas's last earnings report?

Magnolia Oil & Gas's most recent earnings report was on 31 October 2024

When does Magnolia Oil & Gas report earnings?

The next expected earnings date for Magnolia Oil & Gas is 14 February 2025

Should I buy Magnolia Oil & Gas stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions