Log in

Magnolia Oil & Gas Stock Forecast, Price & News

+0.11 (+2.04 %)
(As of 09/28/2020 07:33 AM ET)
Today's Range
Now: $5.49
50-Day Range
MA: $6.21
52-Week Range
Now: $5.49
Volume2.03 million shs
Average Volume2.09 million shs
Market Capitalization$1.39 billion
P/E RatioN/A
Dividend YieldN/A
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.
Read More
Magnolia Oil & Gas logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.37 out of 5 stars

Industry, Sector and Symbol

Industry Crude petroleum & natural gas



Sales & Book Value

Annual Sales$936.14 million
Cash Flow$2.18 per share
Book Value$10.78 per share


Net Income$50.20 million
Net Margins-166.05%


Market Cap$1.39 billion
Next Earnings Date11/2/2020 (Estimated)
+0.11 (+2.04 %)
(As of 09/28/2020 07:33 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MGY News and Ratings via Email

Sign-up to receive the latest news and ratings for MGY and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles

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

How has Magnolia Oil & Gas' stock price been impacted by Coronavirus (COVID-19)?

Magnolia Oil & Gas' stock was trading at $4.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MGY shares have increased by 14.1% and is now trading at $5.49.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Magnolia Oil & Gas?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Magnolia Oil & Gas

When is Magnolia Oil & Gas' next earnings date?

Magnolia Oil & Gas is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Magnolia Oil & Gas

How were Magnolia Oil & Gas' earnings last quarter?

Magnolia Oil & Gas Corp (NYSE:MGY) announced its earnings results on Wednesday, August, 5th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by $0.01. The business had revenue of $82.84 million for the quarter, compared to analyst estimates of $94.62 million. Magnolia Oil & Gas had a negative net margin of 166.05% and a negative return on equity of 0.77%.
View Magnolia Oil & Gas' earnings history

What price target have analysts set for MGY?

14 Wall Street analysts have issued 12-month target prices for Magnolia Oil & Gas' stock. Their forecasts range from $6.00 to $13.00. On average, they anticipate Magnolia Oil & Gas' stock price to reach $8.23 in the next year. This suggests a possible upside of 49.9% from the stock's current price.
View analysts' price targets for Magnolia Oil & Gas

Are investors shorting Magnolia Oil & Gas?

Magnolia Oil & Gas saw a increase in short interest in August. As of August 14th, there was short interest totaling 17,520,000 shares, an increase of 15.2% from the July 30th total of 15,210,000 shares. Based on an average daily trading volume, of 1,810,000 shares, the short-interest ratio is currently 9.7 days. Currently, 14.6% of the company's shares are sold short.
View Magnolia Oil & Gas' Short Interest

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

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

Who are Magnolia Oil & Gas' key executives?

Magnolia Oil & Gas' management team includes the following 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)

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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.42%), FMR LLC (4.16%), Silvercrest Asset Management Group LLC (2.84%), Russell Investments Group Ltd. (2.36%), Encompass Capital Advisors LLC (1.94%) and Victory Capital Management Inc. (1.92%). Company insiders that own Magnolia Oil & Gas stock include James R Larson, Michael G Macdougall, Stephen I Chazen and Timothy D Yang.
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, Caymus Capital Partners L.P., Alyeska Investment Group L.P., Man Group plc, Grantham Mayo Van Otterloo & Co. LLC, Prudential Financial Inc., Bank of America Corp DE, and Gilder Gagnon Howe & Co. LLC.
View insider buying and selling activity 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 Russell Investments Group Ltd., Goldman Sachs Group Inc., Wasatch Advisors Inc., Nuveen Asset Management LLC, Encompass Capital Advisors LLC, First Trust Advisors LP, Victory Capital Management Inc., and Silvercrest Asset Management Group LLC. Company insiders that have bought Magnolia Oil & Gas stock in the last two years include James R Larson, Stephen I Chazen, and Timothy D Yang.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Magnolia Oil & Gas' stock price today?

One share of MGY stock can currently be purchased for approximately $5.49.

How big of a company is Magnolia Oil & Gas?

Magnolia Oil & Gas has a market capitalization of $1.39 billion and generates $936.14 million in revenue each year. The company earns $50.20 million in net income (profit) each year or $0.30 on an earnings per share basis. Magnolia Oil & Gas employs 27 workers across the globe.

What is Magnolia Oil & Gas' official website?

The official website for Magnolia Oil & Gas is 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]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.