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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:MGY

Magnolia Oil & Gas Stock Forecast, Price & News

$12.84
+0.87 (+7.27 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$11.87
Now: $12.84
$12.89
50-Day Range
$8.47
MA: $9.92
$12.72
52-Week Range
$3.23
Now: $12.84
$12.95
Volume4.66 million shs
Average Volume2.81 million shs
Market Capitalization$3.23 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.72
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. The company's 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, 2020, its assets consisted of a total leasehold position of 460,398 net acres, including 23,513 net acres in Karnes, Gonzales, DeWitt, and Atascosa counties, Texas; 436,885 net acres in the Giddings Field located in Austin, Brazos, Burleson, Fayette, Lee, Grimes, Montgomery, and Washington Counties, Texas; and approximately 1,160 net wells with a total production capacity of 61.8 thousand barrels of oil equivalent per day. The company is headquartered in Houston, Texas.
Magnolia Oil & Gas logo

Headlines

ROCE Insights For Magnolia Oil & Gas
March 3, 2021 |  finance.yahoo.com
Magnolia Oil & Gas: Q4 Earnings Insights
February 22, 2021 |  finance.yahoo.com
Is MGY A Good Stock To Buy Now?
December 18, 2020 |  finance.yahoo.com
Magnolia Oil & Gas Corp. to Host Earnings Call
November 6, 2020 |  finance.yahoo.com
Davis Selected Advisers Cuts Otis, Oracle
August 17, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone713-842-9050
Employees136
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$936.14 million
Cash Flow$3.46 per share
Book Value$10.78 per share

Profitability

Net Income$50.20 million
Net Margins-199.68%

Miscellaneous

Market Cap$3.23 billion
Next Earnings Date5/10/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.18 out of 5 stars

Oils/Energy Sector

216th out of 668 stocks

Crude Petroleum & Natural Gas Industry

76th out of 247 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$12.84
+0.87 (+7.27 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

Is Magnolia Oil & Gas a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Magnolia Oil & Gas stock.
View analyst ratings for Magnolia Oil & Gas
or view top-rated stocks.

What stocks does MarketBeat like better than Magnolia Oil & Gas?

Wall Street analysts have given Magnolia Oil & Gas a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Magnolia Oil & Gas wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Magnolia Oil & Gas' next earnings date?

Magnolia Oil & Gas is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Magnolia Oil & Gas
.

How were Magnolia Oil & Gas' earnings last quarter?

Magnolia Oil & Gas Co. (NYSE:MGY) released its quarterly earnings results on Monday, February, 22nd. The company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.05. The firm had revenue of $149.24 million for the quarter, compared to analysts' expectations of $141.29 million. Magnolia Oil & Gas had a negative trailing twelve-month return on equity of 1.06% and a negative net margin of 199.68%.
View Magnolia Oil & Gas' earnings history
.

How has Magnolia Oil & Gas' stock been impacted by COVID-19 (Coronavirus)?

Magnolia Oil & Gas' stock was trading at $4.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MGY shares have increased by 166.9% and is now trading at $12.84.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for MGY?

12 brokers have issued 1 year target prices for Magnolia Oil & Gas' shares. Their forecasts range from $6.00 to $11.00. On average, they anticipate Magnolia Oil & Gas' share price to reach $8.05 in the next twelve months. This suggests that the stock has a possible downside of 37.3%.
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:
  • Mr. Stephen I. Chazen, Pres, Chairman & CEO (Age 74, Pay $270k)
  • Mr. Christopher G. Stavros, CFO & Exec. VP (Age 58, Pay $825.27k)
  • Mr. Steve F. Millican, Sr. VP of Operations (Age 45, Pay $466.97k)
  • Mr. Timothy D. Yang, Exec. VP, Gen. Counsel & Sec. (Age 49, Pay $720.95k)
  • Mr. Brian Michael Corales CPA, VP of Investor Relations

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 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."

Who are Magnolia Oil & Gas' major shareholders?

Magnolia Oil & Gas' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (7.35%), BlackRock Inc. (4.09%), Wells Fargo & Company MN (1.33%), Victory Capital Management Inc. (0.89%), Russell Investments Group Ltd. (0.75%) and JPMorgan Chase & Co. (0.71%). Company insiders that own Magnolia Oil & Gas stock include James R Larson, Michael G Macdougall and Stephen I Chazen.
View institutional ownership trends for Magnolia Oil & Gas
.

Which major investors are selling Magnolia Oil & Gas stock?

MGY stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Nuveen Asset Management LLC, Rothschild & Co. Asset Management US Inc., Sei Investments Co., King Luther Capital Management Corp, Thompson Siegel & Walmsley LLC, Viking Fund Management LLC, and State of Wisconsin Investment Board.
View insider buying and selling activity for Magnolia Oil & Gas
or view top insider-selling stocks.

Which major investors are buying Magnolia Oil & Gas stock?

MGY stock was acquired by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, BlackRock Inc., JPMorgan Chase & Co., Lazard Asset Management LLC, Schroder Investment Management Group, Credit Suisse AG, Wells Fargo & Company MN, and First Trust Advisors LP. Company insiders that have bought Magnolia Oil & Gas stock in the last two years include James R Larson, and Stephen I Chazen.
View insider buying and selling activity for Magnolia Oil & Gas
or or view top insider-buying stocks.

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 $12.84.

How much money does Magnolia Oil & Gas make?

Magnolia Oil & Gas has a market capitalization of $3.23 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.

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]


This page was last updated on 3/8/2021 by MarketBeat.com Staff

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