Magnolia Oil & Gas (MGY) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Q1 2026 results expected: Magnolia is set to likely report Q1 2026 earnings after the close on May 6, with analysts forecasting $0.50 EPS and $344.20M revenue, and an earnings call on May 7 at 11:00 AM ET.
• Dividend increase: The company raised its quarterly dividend to $0.165 (annualized $0.66), implying a yield of about 2.2% and a dividend payout ratio of 38.37%.
• Insider selling: Executives sold notable stakes recently—EVP Timothy Yang sold 150,000 shares and CFO Brian Corales sold 33,000—and insiders have sold 338,954 shares in the past 90 days, leaving insiders with roughly 0.92% ownership.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) will likely be posting its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $344.1950 million for the quarter. Investors are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 7, 2026 at 11:00 AM ET.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The firm had revenue of $317.63 million during the quarter, compared to analysts' expectations of $322.18 million. Magnolia Oil & Gas had a net margin of 24.79% and a return on equity of 16.67%. The company's quarterly revenue was down 2.8% compared to the same quarter last year. During the same period last year, the company posted $0.44 EPS. On average, analysts expect Magnolia Oil & Gas to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Magnolia Oil & Gas Trading Up 0.1%

Shares of MGY opened at $29.35 on Wednesday. Magnolia Oil & Gas has a 1-year low of $20.25 and a 1-year high of $32.76. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.20. The firm's 50-day moving average price is $29.39 and its 200-day moving average price is $25.39. The firm has a market capitalization of $5.47 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 1.72 and a beta of 0.83.

Magnolia Oil & Gas Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 10th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 2.2%. This is a boost from Magnolia Oil & Gas's previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, February 10th. Magnolia Oil & Gas's dividend payout ratio (DPR) is 38.37%.

Insider Buying and Selling at Magnolia Oil & Gas

In other Magnolia Oil & Gas news, EVP Timothy D. Yang sold 150,000 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $29.29, for a total transaction of $4,393,500.00. Following the completion of the transaction, the executive vice president owned 526,661 shares of the company's stock, valued at approximately $15,425,900.69. This trade represents a 22.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brian Corales sold 33,000 shares of Magnolia Oil & Gas stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $29.12, for a total transaction of $960,960.00. Following the transaction, the chief financial officer owned 184,178 shares of the company's stock, valued at $5,363,263.36. The trade was a 15.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 338,954 shares of company stock valued at $9,911,733. 0.92% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Magnolia Oil & Gas

Several large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its stake in Magnolia Oil & Gas by 165.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company's stock worth $31,000 after purchasing an additional 864 shares in the last quarter. Parallel Advisors LLC increased its stake in Magnolia Oil & Gas by 79.8% during the 4th quarter. Parallel Advisors LLC now owns 1,769 shares of the company's stock valued at $39,000 after purchasing an additional 785 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Magnolia Oil & Gas by 90.5% in the second quarter. Geneos Wealth Management Inc. now owns 2,212 shares of the company's stock worth $50,000 after buying an additional 1,051 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in Magnolia Oil & Gas in the fourth quarter worth about $92,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Magnolia Oil & Gas in the fourth quarter worth approximately $99,000. Hedge funds and other institutional investors own 94.73% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MGY shares. Susquehanna reduced their target price on Magnolia Oil & Gas from $30.00 to $28.00 and set a "positive" rating on the stock in a report on Monday, January 26th. Piper Sandler raised their target price on Magnolia Oil & Gas from $28.00 to $31.00 and gave the company a "neutral" rating in a research note on Thursday, March 12th. Bank of America upgraded Magnolia Oil & Gas from a "neutral" rating to a "buy" rating and lifted their price target for the company from $26.00 to $28.00 in a research report on Friday, January 16th. Siebert Williams Shank cut Magnolia Oil & Gas from a "buy" rating to a "hold" rating in a research note on Friday, March 6th. Finally, Wells Fargo & Company increased their price objective on Magnolia Oil & Gas from $25.00 to $32.00 and gave the stock an "equal weight" rating in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Magnolia Oil & Gas presently has an average rating of "Moderate Buy" and an average price target of $31.08.

About Magnolia Oil & Gas

Magnolia Oil & Gas Corp NYSE: MGY is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.

The company's core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).

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