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

Key Points

• Representative Lisa C. McClain, R-Michigan, purchased shares of Magnolia Oil & Gas Corp (NYSE: MGY) valued between $1,001 and $15,000, as disclosed in a recent filing.
• Magnolia Oil & Gas reported a quarterly earnings per share (EPS) of $0.43, exceeding analysts' estimates by 3 cents, although revenue declined by 5.3% year-over-year.
• The company recently announced a quarterly dividend of $0.15 per share, indicating a dividend yield of 2.4% and a payout ratio of 31.41%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Magnolia Oil & Gas Corp NYSE: MGY. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Magnolia Oil & Gas stock on August 4th. 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 $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Magnolia Oil & Gas Stock Performance

NYSE MGY traded down $0.59 on Friday, hitting $24.02. The stock had a trading volume of 7,560,473 shares, compared to its average volume of 2,128,348. Magnolia Oil & Gas Corp has a one year low of $19.09 and a one year high of $29.02. 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 has a market cap of $4.58 billion, a price-to-earnings ratio of 12.58, a P/E/G ratio of 3.24 and a beta of 1.33. The company's 50-day moving average is $23.87 and its two-hundred day moving average is $23.07.

Magnolia Oil & Gas (NYSE:MGY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.43 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $311.58 million. During the same quarter in the prior year, the firm earned $0.51 EPS. Magnolia Oil & Gas's quarterly revenue was down 5.3% on a year-over-year basis. On average, analysts expect that Magnolia Oil & Gas Corp will post 2.1 earnings per share for the current year.

Magnolia Oil & Gas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were given a $0.15 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 2.5%. Magnolia Oil & Gas's dividend payout ratio is 31.41%.

Wall Street Analyst Weigh In

Several research analysts have commented on MGY shares. Wells Fargo & Company decreased 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 report on Monday, June 16th. Piper Sandler upped their price target on shares of Magnolia Oil & Gas from $24.00 to $25.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Citigroup reaffirmed a "sell" rating on shares of Magnolia Oil & Gas in a research note on Thursday, July 10th. UBS Group reaffirmed a "buy" rating and issued a $29.00 price target (up from $26.00) on shares of Magnolia Oil & Gas in a research note on Friday, June 13th. Finally, William Blair initiated coverage on shares of Magnolia Oil & Gas in a research note on Monday, August 25th. They issued an "outperform" rating for the company. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $26.42.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC increased its stake in shares of Magnolia Oil & Gas by 4.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 15,470 shares of the company's stock worth $391,000 after purchasing an additional 715 shares during the last quarter. Foster Victor Wealth Advisors LLC increased its stake in shares of Magnolia Oil & Gas by 7.1% during the 1st quarter. Foster Victor Wealth Advisors LLC now owns 336,917 shares of the company's stock worth $8,511,000 after purchasing an additional 22,402 shares during the last quarter. GF Fund Management CO. LTD. acquired a new position in shares of Magnolia Oil & Gas during the 4th quarter worth $1,370,000. Jane Street Group LLC increased its stake in shares of Magnolia Oil & Gas by 1,382.9% during the 1st quarter. Jane Street Group LLC now owns 1,059,335 shares of the company's stock worth $26,759,000 after purchasing an additional 987,896 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Magnolia Oil & Gas by 4.4% during the 1st quarter. Bessemer Group Inc. now owns 836,386 shares of the company's stock worth $21,127,000 after purchasing an additional 35,575 shares during the last quarter. Institutional investors and hedge funds 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.