Rep. Lisa C. McClain Unloads Magnolia Oil & Gas Corp (NYSE:MGY) Shares

Key Points

• Representative Lisa C. McClain sold shares of Magnolia Oil & Gas Corp (NYSE:MGY) valued between $1,001 and $15,000 on June 24th, indicating ongoing trading activity by lawmakers.
• Magnitude Oil & Gas reported a quarterly earnings per share of $0.43, exceeding analysts' expectations of $0.40, despite a 5.3% decline in revenue compared to the same quarter last year.
• The company declared a quarterly dividend of $0.15 per share, translating to an annualized yield of 2.5% and a dividend payout ratio of 31.41%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Magnolia Oil & Gas Corp NYSE: MGY. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Magnolia Oil & Gas stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Magnolia Oil & Gas Stock Up 0.8%

Shares of NYSE MGY traded up $0.1750 during midday trading on Thursday, reaching $23.3350. 908,576 shares of the company's stock traded hands, compared to its average volume of 2,445,394. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.20. The stock's 50 day simple moving average is $23.51 and its 200-day simple moving average is $22.95. Magnolia Oil & Gas Corp has a one year low of $19.09 and a one year high of $29.02. The company has a market cap of $4.45 billion, a price-to-earnings ratio of 12.22, a P/E/G ratio of 3.00 and a beta of 1.31.

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

Magnolia Oil & Gas Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Magnolia Oil & Gas by 236.2% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,190 shares of the company's stock worth $27,000 after buying an additional 836 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of Magnolia Oil & Gas in the first quarter worth $30,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Magnolia Oil & Gas in the second quarter worth $30,000. EverSource Wealth Advisors LLC raised its holdings in shares of Magnolia Oil & Gas by 165.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company's stock worth $31,000 after buying an additional 864 shares during the last quarter. Finally, Quarry LP raised its holdings in shares of Magnolia Oil & Gas by 1,047.8% in the fourth quarter. Quarry LP now owns 2,135 shares of the company's stock worth $50,000 after buying an additional 1,949 shares during the last quarter. Hedge funds and other institutional investors own 94.73% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.