NYSE:MGY - Magnolia Oil & Gas Stock Price, News, & Analysis

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$12.36 -0.21 (-1.67 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$12.36
Today's Range$12.34 - $12.59
52-Week Range$9.88 - $15.23
Volume488,748 shs
Average Volume973,264 shs
Market Capitalization$3.09 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.1
Magnolia Oil & Gas Corporation engages in the business of acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company has oil and natural gas properties located primarily in Karnes County and the Giddings Field in South Texas primarily comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2018, its assets consisted of a total leasehold position of 455,964 net acres, including 16,841 net acres with 200 net producing wells in the Karnes County portion of the Eagle Ford Shale; and 439,123 net acres with 846 net producing wells in the Giddings Field of the Austin Chalk. The company is based in Houston, Texas.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
CIKN/A
Phone713-842-9050

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$882.40 million
Cash Flow$2.5020 per share
Book Value$10.88 per share

Profitability

Net Income$257.65 million

Miscellaneous

Employees27
Market Cap$3.09 billion
Next Earnings Date8/13/2019 (Estimated)
OptionableOptionable

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

What is Magnolia Oil & Gas' stock symbol?

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

How were Magnolia Oil & Gas' earnings last quarter?

Magnolia Oil & Gas Corp (NYSE:MGY) announced its quarterly earnings data on Monday, May, 6th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.06. The firm had revenue of $218.67 million for the quarter, compared to the consensus estimate of $221.11 million. View Magnolia Oil & Gas' Earnings History.

When is Magnolia Oil & Gas' next earnings date?

Magnolia Oil & Gas is scheduled to release their next quarterly earnings announcement on Tuesday, August 13th 2019. View Earnings Estimates for Magnolia Oil & Gas.

What price target have analysts set for MGY?

11 brokers have issued 12 month price targets for Magnolia Oil & Gas' shares. Their predictions range from $15.00 to $19.00. On average, they anticipate Magnolia Oil & Gas' stock price to reach $16.5556 in the next year. This suggests a possible upside of 33.9% from the stock's current price. View Analyst Price Targets for Magnolia Oil & Gas.

What is the consensus analysts' recommendation for Magnolia Oil & Gas?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magnolia Oil & Gas.

Has Magnolia Oil & Gas been receiving favorable news coverage?

News headlines about MGY stock have trended somewhat positive on Sunday, InfoTrie reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Magnolia Oil & Gas earned a news impact score of 1.9 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are some of Magnolia Oil & Gas' key competitors?

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 Micron Technology (MU), Enterprise Products Partners (EPD), BP (BP), Square (SQ), Intel (INTC), Viper Energy Partners (VNOM), American Tower (AMT), Blackstone Group (BX), DIGITAL RLTY TR/SH (DLR) and Energy Transfer LP Unit (ET).

Who are Magnolia Oil & Gas' key executives?

Magnolia Oil & Gas' management team includes the folowing people:
  • Mr. Stephen I. Chazen, Pres, CEO & Chairman (Age 72)
  • Mr. Christopher G. Stavros, CFO & Exec. VP (Age 56)
  • Mr. Steve F. Millican, Sr. VP of Operations (Age 43)
  • Mr. Brian Michael Corales CPA, VP of Investor Relations
  • Mr. Timothy D. Yang, Exec. VP, Gen. Counsel & Sec. (Age 47)

Who are Magnolia Oil & Gas' major shareholders?

Magnolia Oil & Gas' stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (7.91%), Wellington Management Group LLP (2.57%), Victory Capital Management Inc. (1.66%), BlackRock Inc. (0.69%), Systematic Financial Management LP (0.43%) and Thompson Siegel & Walmsley LLC (0.39%). Company insiders that own Magnolia Oil & Gas stock include Arcilia Acosta, Christopher G Stavros, James R Larson, John B Walker, Stephen I Chazen, Timothy D Yang and Valerie Chase. 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 FMR LLC, Northpointe Capital LLC, Elm Ridge Management LLC, Hartree Partners LP, Amica Retiree Medical Trust, Sasco Capital Inc. CT, Royce & Associates LP and Columbia Pacific Advisors LLC. View Insider Buying and Selling for Magnolia Oil & Gas.

Which major investors are buying Magnolia Oil & Gas stock?

MGY stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Thompson Siegel & Walmsley LLC, Rothschild & Co. Asset Management US Inc., JVL Advisors L.L.C., Victory Capital Management Inc., The Manufacturers Life Insurance Company , Systematic Financial Management LP and Tibra Equities Europe Ltd. Company insiders that have bought Magnolia Oil & Gas stock in the last two years include Arcilia Acosta, Christopher G Stavros, James R Larson, John B Walker, Stephen I Chazen, Timothy D Yang and Valerie Chase. View Insider Buying and Selling for Magnolia Oil & Gas.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Magnolia Oil & Gas' stock price today?

One share of MGY stock can currently be purchased for approximately $12.36.

How big of a company is Magnolia Oil & Gas?

Magnolia Oil & Gas has a market capitalization of $3.09 billion and generates $882.40 million in revenue each year. Magnolia Oil & Gas employs 27 workers across the globe.

What is Magnolia Oil & Gas' official website?

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

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]


MarketBeat Community Rating for Magnolia Oil & Gas (NYSE MGY)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  98 (Vote Outperform)
Underperform Votes:  116 (Vote Underperform)
Total Votes:  214
MarketBeat's community ratings are surveys of what our community members think about Magnolia Oil & Gas and other stocks. Vote "Outperform" if you believe MGY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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