Magnolia Oil & Gas Stock Forecast, Price & News

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

Is Magnolia Oil & Gas a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last twelve months. There are currently 5 hold ratings and 7 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 price 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 362.2% and is now trading at $22.23.
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 Thursday, February 17th 2022.
View our earnings forecast for Magnolia Oil & Gas.

How can I listen to Magnolia Oil & Gas' earnings call?

Magnolia Oil & Gas will be holding an earnings conference call on Thursday, February 17th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Magnolia Oil & Gas' earnings last quarter?

Magnolia Oil & Gas Co. (NYSE:MGY) posted its quarterly earnings data on Sunday, October, 31st. The company reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.06. The firm had revenue of $283.58 million for the quarter, compared to the consensus estimate of $278.35 million. Magnolia Oil & Gas had a trailing twelve-month return on equity of 35.78% and a net margin of 33.08%. The company's revenue was up 134.2% on a year-over-year basis. During the same period last year, the company earned $0.06 earnings per share.
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. Stockholders of record on Thursday, August 12th will be given a dividend of $0.08 per share on Wednesday, September 1st. This represents a dividend 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 0.72%. 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 6.11% 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?

12 Wall Street analysts have issued 1 year price targets for Magnolia Oil & Gas' shares. Their forecasts range from $14.00 to $25.00. On average, they expect Magnolia Oil & Gas' stock price to reach $21.32 in the next twelve months. This suggests that the stock has a possible downside of 4.1%.
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

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

Some companies that are related to Magnolia Oil & Gas include Continental Resources (CLR), Coterra Energy (CTRA), Woodside Petroleum (WOPEY), Marathon Oil (MRO), Gulfport Energy (GPORQ), APA (APA), Sasol (SSL), Ovintiv (OVV), Toray Industries (TRYIY), Galp Energia, SGPS (GLPEY), EQT (EQT), Chesapeake Energy (CHK), ARC Resources (AETUF), Antero Resources (AR) and Range Resources (RRC).
View all of MGY's 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 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."

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.
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What is Magnolia Oil & Gas' stock price today?

One share of MGY stock can currently be purchased for approximately $22.23.

How much money does Magnolia Oil & Gas make?

Magnolia Oil & Gas has a market capitalization of $5.14 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].