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

$7.07
-0.30 (-4.07 %)
(As of 02/28/2020 09:11 AM ET)
Today's Range
$6.88
Now: $7.07
$7.42
50-Day Range
$7.07
MA: $10.52
$12.50
52-Week Range
$6.88
Now: $7.07
$14.13
Volume2.10 million shs
Average Volume1.55 million shs
Market Capitalization$1.83 billion
P/E Ratio23.57
Dividend YieldN/A
Beta1.39
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. Read More…

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$936.14 million
Cash Flow$2.40 per share
Book Value$10.85 per share

Profitability

Net Income$50.20 million

Miscellaneous

Employees27
Market Cap$1.83 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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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) issued its quarterly earnings data on Wednesday, February, 19th. The company reported $0.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.02. The business had revenue of $229.71 million for the quarter, compared to analysts' expectations of $243.94 million. Magnolia Oil & Gas had a return on equity of 1.83% and a net margin of 5.36%. 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 Monday, May 4th 2020. View Earnings Estimates for Magnolia Oil & Gas.

What price target have analysts set for MGY?

9 brokers have issued 12-month price objectives for Magnolia Oil & Gas' shares. Their forecasts range from $12.00 to $20.00. On average, they expect Magnolia Oil & Gas' stock price to reach $14.88 in the next year. This suggests a possible upside of 110.4% from the stock's current price. View Analyst Price Targets for Magnolia Oil & Gas.

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

9 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 6 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?

Media stories about MGY stock have been trending very negative this week, InfoTrie reports. The research group identifies positive and negative media 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 positive five, with scores closest to five being the most favorable. Magnolia Oil & Gas earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Magnolia Oil & Gas.

Are investors shorting Magnolia Oil & Gas?

Magnolia Oil & Gas saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 14,210,000 shares, a drop of 20.1% from the January 30th total of 17,780,000 shares. Based on an average daily trading volume, of 1,110,000 shares, the days-to-cover ratio is currently 12.8 days. Approximately 11.6% of the company's stock are sold short. View Magnolia Oil & Gas' Current Options Chain.

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 Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Square (SQ), Gilead Sciences (GILD), Micron Technology (MU), Marathon Petroleum (MPC), Advanced Micro Devices (AMD), Amarin (AMRN), Huntington Bancshares (HBAN) and NVIDIA (NVDA).

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 variety of of retail and institutional investors. Top institutional investors include FMR LLC (9.58%), Janus Henderson Group PLC (3.28%), Russell Investments Group Ltd. (1.81%), Victory Capital Management Inc. (1.71%), Victory Capital Management Inc. (1.71%) and State Street Corp (1.31%). 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.

Which institutional investors are selling Magnolia Oil & Gas stock?

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.

Which institutional 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., Hotchkis & Wiley Capital Management LLC, Bank of America Corp DE, State Street Corp, Man Group plc, Goldman Sachs Group Inc., Boston Partners and Teacher Retirement System of Texas. 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, Robinhood, Fidelity and Charles Schwab.

What is Magnolia Oil & Gas' stock price today?

One share of MGY stock can currently be purchased for approximately $7.07.

How big of a company is Magnolia Oil & Gas?

Magnolia Oil & Gas has a market capitalization of $1.83 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.View Additional Information About Magnolia Oil & Gas.

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:  190 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  411
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 2/28/2020 by MarketBeat.com Staff

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