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

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

Magnolia Oil & Gas Corp (NYSE:MGY) announced its quarterly earnings results on Tuesday, August, 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.89 by $0.93. Magnolia Oil & Gas had a net margin of 7.80% and a return on equity of 2.81%. View Magnolia Oil & Gas' Earnings History.

Magnolia Oil & Gas is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Magnolia Oil & Gas.

Magnolia Oil & Gas will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

11 equities research analysts have issued twelve-month price objectives for Magnolia Oil & Gas' shares. Their forecasts range from $12.00 to $20.00. On average, they expect Magnolia Oil & Gas' share price to reach $15.30 in the next year. This suggests a possible upside of 58.4% from the stock's current price. View Analyst Price Targets 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 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magnolia Oil & Gas.

Press coverage about MGY stock has been trending somewhat positive on Monday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Magnolia Oil & Gas earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Magnolia Oil & Gas.

Some companies that are related to Magnolia Oil & Gas include Sasol (SSL), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), Parsley Energy (PE), WPX Energy (WPX), Ovintiv (OVV), Cimarex Energy (XEC), Murphy Oil (MUR), Viper Energy Partners (VNOM), Vermilion Energy (VET), Kosmos Energy (KOS) and Black Stone Minerals (BSM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Magnolia Oil & Gas investors own include Enterprise Products Partners (EPD), Square (SQ), Gilead Sciences (GILD), Micron Technology (MU), Marathon Petroleum (MPC), Huntington Bancshares (HBAN), NVIDIA (NVDA), Walgreens Boots Alliance (WBA), BP (BP) and Canadian National Railway (CNI).

Magnolia Oil & Gas' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (9.58%), Russell Investments Group Ltd. (1.81%), Victory Capital Management Inc. (1.71%), Victory Capital Management Inc. (1.71%), State Street Corp (1.31%) and Rothschild & Co. Asset Management US Inc. (0.43%). Company insiders that own Magnolia Oil & Gas stock include Arcilia Acosta, Christopher G Stavros, James R Larson, John B Walker, Michael G Macdougall, Stephen I Chazen, Timothy D Yang and Valerie Chase. View Institutional Ownership Trends for Magnolia Oil & Gas.

MGY stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Amica Mutual Insurance Co., Rothschild & Co. Asset Management US Inc., 1492 Capital Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., King Luther Capital Management Corp and SG Americas Securities LLC. View Insider Buying and Selling for Magnolia Oil & Gas.

MGY stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Hotchkis & Wiley Capital Management LLC, Bank of America Corp DE, State Street Corp, Goldman Sachs Group Inc., Boston Partners, Teacher Retirement System of Texas and Fred Alger Management LLC. 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.

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.

One share of MGY stock can currently be purchased for approximately $9.66.

Magnolia Oil & Gas has a market capitalization of $2.50 billion and generates $882.40 million in revenue each year. Magnolia Oil & Gas employs 27 workers across the globe.View Additional Information About Magnolia Oil & Gas.

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

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]