S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
NYSE:MGY

Magnolia Oil & Gas (MGY) Stock Forecast, Price & News

$23.90
+0.17 (+0.72%)
(As of 05/16/2022 12:00 AM ET)
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Today's Range
$23.73
$24.52
50-Day Range
$21.56
$26.37
52-Week Range
$11.59
$26.83
Volume
1.36 million shs
Average Volume
1.67 million shs
Market Capitalization
$5.42 billion
P/E Ratio
8.33
Dividend Yield
1.69%
Beta
2.12
30 days | 90 days | 365 days | Advanced Chart
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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. 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.

Headlines

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

Sales & Book Value

Annual Sales
$1.08 billion
Cash Flow
$2.78 per share
Book Value
$4.57 per share

Profitability

Net Income
$417.28 million
Pretax Margin
56.53%

Debt

Price-To-Earnings

Miscellaneous

Free Float
215,708,000
Market Cap
$5.42 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/1 Dividend
2/11/2022
Dividend Payable
3/01/2022
Last Earnings
5/09/2022
Today
5/17/2022
Next Earnings (Estimated)
8/01/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.56 out of 5 stars

Oils/Energy Sector

50th out of 386 stocks

Crude Petroleum & Natural Gas Industry

23rd out of 125 stocks

Analyst Opinion: 2.3Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













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

Is Magnolia Oil & Gas a buy right now?

11 Wall Street equities 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 equities research analysts is that investors should "buy" Magnolia Oil & Gas stock.
View analyst ratings for Magnolia Oil & Gas
or view top-rated stocks.

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) issued its quarterly earnings results on Monday, May, 9th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.93 by $0.03. The firm earned $377.84 million during the quarter, compared to analysts' expectations 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%. The business's revenue for the quarter was up 80.7% compared to the same quarter last year. During the same period in the previous year, the company 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 boost 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 pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.69%. 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 10.03% next year. This indicates that Magnolia Oil & Gas will be able to sustain or increase its dividend.
View Magnolia Oil & Gas' dividend history.

What price target have analysts set for MGY?

11 equities research analysts have issued 12 month price targets for Magnolia Oil & Gas' shares. Their forecasts range from $15.50 to $35.00. On average, they expect Magnolia Oil & Gas' share price to reach $25.95 in the next year. This suggests a possible upside of 8.6% from the stock's current price.
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 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 & 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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.52%), BlackRock Inc. (4.47%), Wellington Management Group LLP (3.32%), State Street Corp (2.92%), Wasatch Advisors Inc. (1.98%) and Cardinal Capital Management LLC CT (1.74%). Company insiders that own Magnolia Oil & Gas stock include John B Walker, John B Walker, Ltd Enervest, Stephen I Chazen 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 First Trust Advisors LP, Goldman Sachs Group Inc., Federated Hermes Inc., BlackRock Inc., Rothschild & Co. Asset Management US Inc., Charles Schwab Investment Management Inc., King Luther Capital Management Corp, and Empowered Funds LLC. Company insiders that have sold Magnolia Oil & Gas company stock in the last year include John B Walker, and Ltd Enervest.
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 bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Renaissance Technologies LLC, State Street Corp, Nordea Investment Management AB, Dimensional Fund Advisors LP, Wellington Management Group LLP, Segantii Capital Management Ltd, and Stephens Investment Management Group LLC.
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 $23.90.

How much money does Magnolia Oil & Gas make?

Magnolia Oil & Gas has a market capitalization of $5.42 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.

What is Magnolia Oil & Gas' official website?

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

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 5/17/2022 by MarketBeat.com Staff

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