NYSE:MGY

Magnolia Oil & Gas Stock Forecast, Price & News

$13.70
-0.20 (-1.44 %)
(As of 07/23/2021 12:00 AM ET)
Add
Compare
Today's Range
$13.60
$14.00
50-Day Range
$11.72
$16.21
52-Week Range
$4.09
$16.38
Volume948,182 shs
Average Volume1.87 million shs
Market Capitalization$3.32 billion
P/E Ratio29.15
Dividend YieldN/A
Beta2.62
30 days | 90 days | 365 days | Advanced Chart
Receive MGY News and Ratings via Email

Sign-up to receive the latest news and ratings for Magnolia Oil & Gas and its competitors with MarketBeat's FREE daily newsletter.


Magnolia Oil & Gas logo

About Magnolia Oil & Gas

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.33 out of 5 stars

Oils/Energy Sector

205th out of 712 stocks

Crude Petroleum & Natural Gas Industry

75th out of 270 stocks

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











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

Is Magnolia Oil & Gas a buy 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 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Magnolia Oil & Gas wasn't one of them. MarketBeat thinks these five companies 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 Tuesday, August 3rd 2021.
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 Tuesday, August 3rd at 11:00 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) released its quarterly earnings results on Tuesday, May, 4th. The company reported $0.38 EPS for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.10. The firm had revenue of $207.66 million for the quarter, compared to analyst estimates of $193.83 million. Magnolia Oil & Gas had a net margin of 14.60% and a trailing twelve-month return on equity of 10.60%.
View Magnolia Oil & Gas' earnings history
.

How has Magnolia Oil & Gas' stock price been impacted by Coronavirus?

Magnolia Oil & Gas' stock was trading at $4.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MGY stock has increased by 184.8% and is now trading at $13.70.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for MGY?

11 brokerages have issued 12 month price targets for Magnolia Oil & Gas' shares. Their forecasts range from $7.00 to $18.00. On average, they expect Magnolia Oil & Gas' stock price to reach $12.20 in the next year. This suggests that the stock has a possible downside of 10.9%.
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 $255.46k)
  • Mr. Christopher G. Stavros, CFO & Exec. VP (Age 58, Pay $853.72k)
  • Mr. Steve F. Millican, Sr. VP of Operations (Age 45, Pay $484.38k)
  • Mr. Timothy D. Yang, Exec. VP, Gen. Counsel & Sec. (Age 49, Pay $746.34k)
  • 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 retail and institutional investors. Top institutional shareholders include Raymond James Trust N.A. (0.01%). Company insiders that own Magnolia Oil & Gas stock include James R Larson, John B Walker, Michael G Macdougall and Stephen I Chazen.
View institutional ownership trends for Magnolia Oil & Gas
.

Which major investors are buying Magnolia Oil & Gas stock?

MGY stock was acquired by a variety of institutional investors in the last quarter, including Raymond James Trust N.A.. 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 $13.70.

How much money does Magnolia Oil & Gas make?

Magnolia Oil & Gas has a market capitalization of $3.32 billion and generates $534.51 million in revenue each year. The company earns $-1,208,390,000.00 in net income (profit) each year or ($0.02) 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 7/24/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.