Magnolia Oil & Gas Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 6 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.

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Magnolia Oil & Gas is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Magnolia Oil & Gas.

Magnolia Oil & Gas will be holding an earnings conference call on Wednesday, May 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.

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

Magnolia Oil & Gas' stock was trading at $4.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MGY shares have increased by 142.2% and is now trading at $11.65.
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13 brokers have issued 12 month price objectives for Magnolia Oil & Gas' shares. Their forecasts range from $6.00 to $15.00. On average, they anticipate Magnolia Oil & Gas' share price to reach $9.21 in the next twelve months. This suggests that the stock has a possible downside of 21.0%.
View analysts' price targets for Magnolia Oil & Gas or view top-rated stocks among Wall Street analysts.

Some companies that are related to Magnolia Oil & Gas include Toray Industries (TRYIY), Galp Energia, SGPS (GLPEY), Continental Resources (CLR), Sasol (SSL), Marathon Oil (MRO), Cabot Oil & Gas (COG), Apache (APA), Cimarex Energy (XEC), Ovintiv (OVV), EQT (EQT), PDC Energy (PDCE), CNX Resources (CNX), Southwestern Energy (SWN), Antero Resources (AR) and Matador Resources (MTDR).
View all of MGY's competitors.

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).

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

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.
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One share of MGY stock can currently be purchased for approximately $11.65.

Magnolia Oil & Gas has a market capitalization of $2.84 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 136 workers across the globe.

The official website for Magnolia Oil & Gas is www.magnoliaoilgas.com.

Magnolia Oil & Gas is headquartered at NINE GREENWAY PLAZA SUITE 1300, HOUSTON TX, 77046.

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]