Magnolia Oil & Gas Stock Price, News & Analysis (NYSE:MGY)

Magnolia Oil & Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGY."

Magnolia Oil & Gas Corp (NYSE:MGY) issued its quarterly earnings results on Tuesday, August, 6th. The company reported $0.12 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.02. The business earned $242.96 million during the quarter, compared to analyst estimates of $239.51 million. Magnolia Oil & Gas had a net margin of 12.13% and a return on equity of 5.12%. View Magnolia Oil & Gas' Earnings History.

Magnolia Oil & Gas is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Magnolia Oil & Gas.

Magnolia Oil & Gas will be holding an earnings conference call on Tuesday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

12 analysts have issued 1-year price targets for Magnolia Oil & Gas' stock. Their forecasts range from $12.00 to $20.00. On average, they anticipate Magnolia Oil & Gas' stock price to reach $15.64 in the next year. This suggests a possible upside of 55.6% from the stock's current price. View Analyst Price Targets for Magnolia Oil & Gas.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magnolia Oil & Gas.

News coverage about MGY stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Magnolia Oil & Gas earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Magnolia Oil & Gas.

Magnolia Oil & Gas saw a decline in short interest in September. As of September 15th, there was short interest totalling 19,130,000 shares, a decline of 8.0% from the August 15th total of 20,790,000 shares. Based on an average daily volume of 1,680,000 shares, the days-to-cover ratio is currently 11.4 days. Currently, 16.3% of the shares of the company are short sold. View Magnolia Oil & Gas' Current Options Chain.

Some companies that are related to Magnolia Oil & Gas include Cenovus Energy (CVE), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), Cabot Oil & Gas (COG), Encana (ECA), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), Viper Energy Partners (VNOM), Murphy Oil (MUR), Black Stone Minerals (BSM) and EQT (EQT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Magnolia Oil & Gas investors own include Micron Technology (MU), Square (SQ), American Tower (AMT), BP (BP), Canadian National Railway (CNI), DIGITAL RLTY TR/SH (DLR), Enterprise Products Partners (EPD), American Airlines Group (AAL), Applied Materials (AMAT) and Advanced Micro Devices (AMD).

Magnolia Oil & Gas' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.01%). Company insiders that own Magnolia Oil & Gas stock include Arcilia Acosta, Christopher G Stavros, James R Larson, John B Walker, 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 Envestnet Asset Management Inc.. 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 $10.05.

Magnolia Oil & Gas has a market capitalization of $2.61 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]