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NYSE:MGY

Magnolia Oil & Gas Stock Forecast, Price & News

$18.94
-0.03 (-0.16%)
(As of 12/1/2021 12:52 PM ET)
Add
Compare
Today's Range
$18.92
$19.66
50-Day Range
$16.29
$21.95
52-Week Range
$6.07
$22.09
Volume
17,362 shs
Average Volume
1.98 million shs
Market Capitalization
$4.38 billion
P/E Ratio
11.27
Dividend Yield
0.83%
Beta
2.47
30 days | 90 days | 365 days | Advanced Chart
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Magnolia Oil & Gas logo

About Magnolia Oil & Gas

Magnolia Oil & Gas Corp. engages in oil and gas exploration and production business. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on July 31, 2018 and is headquartered in Houston, TX.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
136
Year Founded
N/A

Sales & Book Value

Annual Sales
$534.51 million
Cash Flow
$1.21 per share
Book Value
$3.37 per share

Profitability

Net Income
$-1.21 billion
Pretax Margin
46.68%

Debt

Price-To-Earnings

Miscellaneous

Free Float
220,233,000
Market Cap
$4.38 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/31/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/28/2022

MarketRank

Overall MarketRank

2.44 out of 5 stars

Oils/Energy Sector

52nd out of 356 stocks

Crude Petroleum & Natural Gas Industry

25th out of 113 stocks

Analyst Opinion: 2.4Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Magnolia Oil & Gas (NYSE:MGY) Frequently Asked Questions

Is Magnolia Oil & Gas a buy right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Magnolia Oil & Gas stock.
View analyst ratings for Magnolia Oil & Gas
or view top-rated stocks.

How has Magnolia Oil & Gas' stock been impacted by COVID-19?

Magnolia Oil & Gas' stock was trading at $4.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MGY stock has increased by 293.8% and is now trading at $18.94.
View which stocks have been most impacted by COVID-19
.

When is Magnolia Oil & Gas' next earnings date?

Magnolia Oil & Gas is scheduled to release its next quarterly earnings announcement on Monday, February 28th 2022.
View our earnings forecast for Magnolia Oil & Gas
.

How were Magnolia Oil & Gas' earnings last quarter?

Magnolia Oil & Gas Co. (NYSE:MGY) released its earnings results on Sunday, October, 31st. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.06. The company had revenue of $283.58 million for the quarter, compared to analysts' expectations of $278.35 million. Magnolia Oil & Gas had a net margin of 33.08% and a trailing twelve-month return on equity of 35.78%. The business's revenue for the quarter was up 134.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.06 EPS.
View Magnolia Oil & Gas' earnings history
.

How often does Magnolia Oil & Gas pay dividends? What is the dividend yield for Magnolia Oil & Gas?

Magnolia Oil & Gas declared a Semi-Annual dividend on Wednesday, August 4th. Investors of record on Thursday, August 12th will be paid a dividend of $0.08 per share on Wednesday, September 1st. This represents a yield of 1.15%. The ex-dividend date is Wednesday, August 11th.
View Magnolia Oil & Gas' dividend history
.

Is Magnolia Oil & Gas a good dividend stock?

Magnolia Oil & Gas pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.83%. Magnolia Oil & Gas does not yet have a strong track record of dividend growth. The dividend payout ratio of Magnolia Oil & Gas is 9.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Magnolia Oil & Gas will have a dividend payout ratio of 6.48% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend.
View Magnolia Oil & Gas' dividend history.

What price target have analysts set for MGY?

11 analysts have issued twelve-month price targets for Magnolia Oil & Gas' stock. Their forecasts range from $14.00 to $25.00. On average, they anticipate Magnolia Oil & Gas' stock price to reach $20.95 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
View analysts' price targets for Magnolia Oil & Gas
or view top-rated stocks among Wall Street analysts.

Who are Magnolia Oil & Gas' key executives?

Magnolia Oil & Gas' management team includes the following people:
  • Stephen I. Chazen, Chairman, President & Chief Executive Officer
  • Steve F. Millican, Senior Vice President-Operations
  • Christopher G. Stavros, Chief Financial Officer & Executive Vice President
  • Timothy D. Yang, Secretary, Executive VP & General Counsel
  • Brian Corales, Vice President-Investor Relations

What other stocks do shareholders of Magnolia Oil & Gas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magnolia Oil & Gas investors own include Square (SQ), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD), Occidental Petroleum (OXY), AbbVie (ABBV), AMC Entertainment (AMC), Micron Technology (MU) and (NCLH).

What is Magnolia Oil & Gas' stock symbol?

Magnolia Oil & Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGY."

Who are Magnolia Oil & Gas' major shareholders?

Magnolia Oil & Gas' stock is owned by a variety of retail and institutional investors. Top institutional investors include EnerVest Ltd. (7.94%), BlackRock Inc. (4.38%), Wasatch Advisors Inc. (2.27%), Macquarie Group Ltd. (2.22%), Wellington Management Group LLP (1.90%) and Goldman Sachs Group Inc. (1.68%). Company insiders that own Magnolia Oil & Gas stock include James R Larson, John B Walker, Michael G Macdougall and Stephen I Chazen.
View institutional ownership trends for Magnolia Oil & Gas
.

Which major investors are selling Magnolia Oil & Gas stock?

MGY stock was sold by a variety of institutional investors in the last quarter, including EnerVest Ltd., Wellington Management Group LLP, Wasatch Advisors Inc., Massachusetts Financial Services Co. MA, Arrowstreet Capital Limited Partnership, Two Sigma Investments LP, BlackRock Inc., and Thompson Siegel & Walmsley LLC.
View insider buying and selling activity for Magnolia Oil & Gas
or view top insider-selling stocks.

Which major investors are buying Magnolia Oil & Gas stock?

MGY stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Stephens Investment Management Group LLC, Macquarie Group Ltd., Ghisallo Capital Management LLC, Dimensional Fund Advisors LP, Strs Ohio, Ziegler Capital Management LLC, and The Manufacturers Life Insurance Company . Company insiders that have bought Magnolia Oil & Gas stock in the last two years include James R Larson, and Stephen I Chazen.
View insider buying and selling activity for Magnolia Oil & Gas
or or view top insider-buying stocks.

How do I buy shares of Magnolia Oil & Gas?

Shares of MGY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Magnolia Oil & Gas' stock price today?

One share of MGY stock can currently be purchased for approximately $18.94.

How much money does Magnolia Oil & Gas make?

Magnolia Oil & Gas has a market capitalization of $4.38 billion and generates $534.51 million in revenue each year. The company earns $-1.21 billion in net income (profit) each year or $1.68 on an earnings per share basis.

How many employees does Magnolia Oil & Gas have?

Magnolia Oil & Gas employs 136 workers across the globe.

What is Magnolia Oil & Gas' official website?

The official website for Magnolia Oil & Gas is www.magnoliaoilgas.com.

Where are Magnolia Oil & Gas' headquarters?

Magnolia Oil & Gas is headquartered at NINE GREENWAY PLAZA SUITE 1300, HOUSTON TX, 77046.

How can I contact Magnolia Oil & Gas?

Magnolia Oil & Gas' mailing address is NINE GREENWAY PLAZA SUITE 1300, HOUSTON TX, 77046. The company can be reached via phone at (713) 842-9050 or via email at [email protected].


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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