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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:MGY

Magnolia Oil & Gas Stock Forecast, Price & News

$21.05
+0.06 (+0.29%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$20.31
$21.47
50-Day Range
$20.99
$29.73
52-Week Range
$12.79
$30.31
Volume
2.82 million shs
Average Volume
2.14 million shs
Market Capitalization
$4.69 billion
P/E Ratio
7.33
Dividend Yield
1.91%
Price Target
$25.95

Magnolia Oil & Gas Stock Forecast (MarketRank)

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
23.3% Upside
$25.95 Price Target
Short Interest
Healthy
8.39% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.07mentions of Magnolia Oil & Gas in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$202.58 M Sold Last Quarter
Proj. Earnings Growth
-4.21%
From $4.51 to $4.32 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.65 out of 5 stars

Oils/Energy Sector

180th out of 391 stocks

Crude Petroleum & Natural Gas Industry

62nd out of 127 stocks

30 days | 90 days | 365 days | Advanced Chart

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Magnolia Oil & Gas logo

About Magnolia Oil & Gas (NYSE:MGY)

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.

MGY Stock News Headlines

Magnolia Oil & Gas Sees Big Money
Magnolia Oil & Gas Q1 2022 Earnings Preview
See More Headlines

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
192
Year Founded
N/A

Company Calendar

Last Earnings
5/09/2022
Today
7/02/2022
Next Earnings (Estimated)
8/01/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$25.95
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$15.50
Forecasted Upside/Downside
+23.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54545454545455
Research Coverage
11 Analysts

Profitability

Net Income
$417.28 million
Pretax Margin
56.53%

Debt

Sales & Book Value

Annual Sales
$1.08 billion
Cash Flow
$2.74 per share
Book Value
$4.57 per share

Miscellaneous

Free Float
212,327,000
Market Cap
$4.69 billion
Optionable
Optionable
Beta
2.11














Magnolia Oil & Gas Frequently Asked Questions

Should I buy or sell Magnolia Oil & Gas stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Magnolia Oil & Gas stock.
View analyst ratings for Magnolia Oil & Gas
or view top-rated stocks.

What is Magnolia Oil & Gas' stock price forecast for 2022?

11 brokerages have issued twelve-month target prices for Magnolia Oil & Gas' stock. Their MGY stock forecasts range from $15.50 to $35.00. On average, they predict Magnolia Oil & Gas' stock price to reach $25.95 in the next year. This suggests a possible upside of 23.3% from the stock's current price.
View analysts' price targets for Magnolia Oil & Gas
or view top-rated stocks among Wall Street analysts.

How has Magnolia Oil & Gas' stock price performed in 2022?

Magnolia Oil & Gas' stock was trading at $18.87 on January 1st, 2022. Since then, MGY shares have increased by 11.6% and is now trading at $21.05.
View the best growth stocks for 2022 here
.

When is Magnolia Oil & Gas' next earnings date?

Magnolia Oil & Gas is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
View our earnings forecast for Magnolia Oil & Gas
.

How were Magnolia Oil & Gas' earnings last quarter?

Magnolia Oil & Gas Co. (NYSE:MGY) released its earnings results on Monday, May, 9th. The company reported $0.90 earnings per share for the quarter, meeting analysts' consensus estimates of $0.90. The firm had revenue of $377.84 million for the quarter, compared to analyst estimates of $374.63 million. Magnolia Oil & Gas had a trailing twelve-month return on equity of 55.08% and a net margin of 41.80%. Magnolia Oil & Gas's revenue was up 80.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 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 Friday, February 4th. Stockholders of record on Monday, February 14th will be paid a dividend of $0.20 per share on Tuesday, March 1st. This represents a dividend yield of 1.3%. The ex-dividend date is Friday, February 11th. This is a positive change from Magnolia Oil & Gas's previous semi-annual dividend of $0.08.
View Magnolia Oil & Gas' dividend history
.

Is Magnolia Oil & Gas a good dividend stock?

Magnolia Oil & Gas(NYSE:MGY) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.91%. Magnolia Oil & Gas does not yet have a strong track record of dividend growth. The dividend payout ratio of Magnolia Oil & Gas is 13.94%. 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 9.26% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend.
View Magnolia Oil & Gas' dividend history.

Who are Magnolia Oil & Gas' key executives?

Magnolia Oil & Gas' management team includes the following people:
  • Mr. Stephen I. Chazen, Pres, Chairman & CEO (Age 75, Pay $349.16k)
  • Mr. Christopher G. Stavros, CFO & Exec. VP (Age 59, Pay $1.21M)
  • Mr. Steve F. Millican, Sr. VP of Operations (Age 46, Pay $741.89k)
  • Mr. Timothy D. Yang, Exec. VP, Gen. Counsel & Corp. Sec. (Age 50, Pay $1.05M)
  • Mr. Brian Michael Corales CPA, VP of Investor Relations

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 (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.
Compare Top Brokerages Here.

What is Magnolia Oil & Gas' stock price today?

One share of MGY stock can currently be purchased for approximately $21.05.

How much money does Magnolia Oil & Gas make?

Magnolia Oil & Gas (NYSE:MGY) has a market capitalization of $4.69 billion and generates $1.08 billion in revenue each year. The company earns $417.28 million in net income (profit) each year or $2.87 on an earnings per share basis.

How many employees does Magnolia Oil & Gas have?

Magnolia Oil & Gas employs 192 workers across the globe.

How can I contact Magnolia Oil & Gas?

Magnolia Oil & Gas' mailing address is NINE GREENWAY PLAZA SUITE 1300, HOUSTON TX, 77046. The official website for Magnolia Oil & Gas is www.magnoliaoilgas.com. The company can be reached via phone at (713) 842-9050 or via email at bcorales@mgyoil.com.

This page (NYSE:MGY) was last updated on 7/2/2022 by MarketBeat.com Staff

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