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 Price Performance

Shares of NYSE MGY traded down $0.59 during trading hours on Friday, hitting $24.02. 7,035,589 shares of the stock were exchanged, compared to its average volume of 2,628,622. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.44 and a current ratio of 1.44. The company has a market cap of $4.58 billion, a PE ratio of 12.58, a price-to-earnings-growth ratio of 3.25 and a beta of 1.33. The company's fifty day simple moving average is $23.87 and its two-hundred day simple moving average is $23.06. Magnolia Oil & Gas Corp has a 1-year low of $19.09 and a 1-year high of $29.02.

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

Magnolia Oil & Gas Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MGY shares. Piper Sandler increased 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 report on Thursday, July 17th. William Blair started coverage on shares of Magnolia Oil & Gas in a research note on Monday, August 25th. They issued an "outperform" rating for the company. Citigroup reissued a "sell" rating on shares of Magnolia Oil & Gas in a research note on Thursday, July 10th. UBS Group reissued a "buy" rating and issued a $29.00 price objective (up previously from $26.00) on shares of Magnolia Oil & Gas in a research note on Friday, June 13th. Finally, Bank of America raised their price target 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. Four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $26.42.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Encompass Capital Advisors LLC bought a new stake in Magnolia Oil & Gas in the first quarter worth about $53,819,000. American Century Companies Inc. boosted its stake in Magnolia Oil & Gas by 12.9% in the second quarter. American Century Companies Inc. now owns 11,861,231 shares of the company's stock valued at $266,641,000 after acquiring an additional 1,358,878 shares during the last quarter. Jane Street Group LLC boosted its stake in Magnolia Oil & Gas by 1,382.9% in the first quarter. Jane Street Group LLC now owns 1,059,335 shares of the company's stock valued at $26,759,000 after acquiring an additional 987,896 shares during the last quarter. Millennium Management LLC boosted its stake in Magnolia Oil & Gas by 506.2% in the first quarter. Millennium Management LLC now owns 1,022,836 shares of the company's stock valued at $25,837,000 after acquiring an additional 854,113 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Magnolia Oil & Gas in the first quarter valued at about $21,066,000. 94.73% of the stock is owned by institutional investors.

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.