Rep. Gilbert Ray Cisneros, Jr. Sells Off Magnolia Oil & Gas Corp (NYSE:MGY) Shares

Key Points

• Representative Gilbert Ray Cisneros, Jr. sold between $1,001 and $15,000 of Magnolia Oil & Gas stock (NYSE:MGY) on July 7th, as disclosed on August 14th.
• Magnolia Oil & Gas reported a net margin of 27.57% and earnings per share (EPS) of $0.43 for the last quarter, surpassing analysts' expectations of $0.40.
• The company announced a quarterly dividend of $0.15 to be paid on September 2nd, providing an annualized yield of 2.5% for investors of record.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Magnolia Oil & Gas Corp (NYSE:MGY). In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Magnolia Oil & Gas stock on July 7th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of W.R. Berkley NYSE: WRB on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Medpace NASDAQ: MEDP on 7/24/2025.
• Sold $1,001 - $15,000 in shares of Avantor NYSE: AVTR on 7/23/2025.
• Purchased $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 7/23/2025.
• Purchased $1,001 - $15,000 in shares of Gulfport Energy NYSE: GPOR on 7/18/2025.
• Purchased $1,001 - $15,000 in shares of Ultragenyx Pharmaceutical NASDAQ: RARE on 7/15/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 7/9/2025.

Magnolia Oil & Gas Stock Performance

Shares of MGY stock traded up $0.2050 during trading on Thursday, hitting $23.3650. The company's stock had a trading volume of 473,204 shares, compared to its average volume of 2,644,846. The company has a market cap of $4.46 billion, a PE ratio of 12.24, a P/E/G ratio of 2.99 and a beta of 1.31. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $23.52 and a 200-day moving average of $22.95. Magnolia Oil & Gas Corp has a 52 week low of $19.09 and a 52 week high of $29.02.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.40 by $0.03. The business had revenue of $318.98 million for the quarter, compared to the consensus estimate of $311.58 million. Magnolia Oil & Gas had a return on equity of 19.34% and a net margin of 27.57%.Magnolia Oil & Gas's revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 earnings per share. As a group, research analysts anticipate that Magnolia Oil & Gas Corp will post 2.1 earnings per share for the current year.

Magnolia Oil & Gas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 2.6%. Magnolia Oil & Gas's dividend payout ratio is currently 31.41%.

Analyst Upgrades and Downgrades

MGY has been the subject of a number of research reports. UBS Group reiterated a "buy" rating and set a $29.00 target price (up previously from $26.00) on shares of Magnolia Oil & Gas in a research report on Friday, June 13th. Bank of America raised their price objective on shares of Magnolia Oil & Gas from $23.00 to $25.00 and gave the stock a "neutral" rating in a report on Friday, May 23rd. Piper Sandler boosted their target price on shares of Magnolia Oil & Gas from $24.00 to $25.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Citigroup restated a "sell" rating on shares of Magnolia Oil & Gas in a research report on Thursday, July 10th. Finally, Wells Fargo & Company reduced their price target on Magnolia Oil & Gas from $22.00 to $21.00 and set an "underweight" rating for the company in a research report on Monday, June 16th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $26.67.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MGY. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Magnolia Oil & Gas by 236.2% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,190 shares of the company's stock valued at $27,000 after buying an additional 836 shares during the period. Opal Wealth Advisors LLC bought a new position in Magnolia Oil & Gas in the 1st quarter worth about $30,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Magnolia Oil & Gas in the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC boosted its position in shares of Magnolia Oil & Gas by 165.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company's stock valued at $31,000 after acquiring an additional 864 shares during the last quarter. Finally, Quarry LP boosted its position in shares of Magnolia Oil & Gas by 1,047.8% during the 4th quarter. Quarry LP now owns 2,135 shares of the company's stock valued at $50,000 after acquiring an additional 1,949 shares during the last quarter. Institutional investors own 94.73% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Magnolia Oil & Gas Company Profile

Magnolia Oil & Gas Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on February 14, 2017 and is headquartered in Houston, TX.