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) released its quarterly earnings results on Monday, November, 4th. The company reported $0.06 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.04. The business had revenue of $244.80 million for the quarter, compared to the consensus estimate of $247.17 million. 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 Thursday, February 20th 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 analysts have issued 1-year price targets for Magnolia Oil & Gas' stock. Their forecasts range from $12.00 to $20.00. On average, they expect Magnolia Oil & Gas' stock price to reach $15.30 in the next year. This suggests a possible upside of 35.9% 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 trended extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Magnolia Oil & Gas earned a news impact score of -4.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Magnolia Oil & Gas.

Magnolia Oil & Gas saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 17,650,000 shares, a decrease of 6.8% from the December 15th total of 18,930,000 shares. Based on an average trading volume of 1,120,000 shares, the short-interest ratio is presently 15.8 days. Approximately 14.5% of the shares of the stock are sold short. View Magnolia Oil & Gas' Current Options Chain.

Some companies that are related to Magnolia Oil & Gas include Apache (APA), Continental Resources (CLR), Sasol (SSL), Cenovus Energy (CVE), TORAY INDUSTRIE/ADR (TRYIY), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), Parsley Energy (PE), WPX Energy (WPX), Encana (ECA), Cimarex Energy (XEC), Murphy Oil (MUR) and Viper Energy Partners (VNOM).

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 number of of institutional and retail investors. Top institutional shareholders include Brown University (0.00%), Canandaigua National Bank & Trust Co. (0.00%) and Zurcher Kantonalbank Zurich Cantonalbank (0.00%). 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 purchased by a variety of institutional investors in the last quarter, including Brown University, Canandaigua National Bank & Trust Co. and Zurcher Kantonalbank Zurich Cantonalbank . 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 $11.26.

Magnolia Oil & Gas has a market capitalization of $2.92 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]