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

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 data on Tuesday, August, 6th. The company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by $0.02. The firm earned $242.96 million during the quarter, compared to analyst estimates of $239.51 million. Magnolia Oil & Gas had a return on equity of 5.12% and a net margin of 12.13%. 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.

12 analysts have issued 1-year target prices for Magnolia Oil & Gas' stock. Their forecasts range from $13.00 to $20.00. On average, they expect Magnolia Oil & Gas' stock price to reach $16.0909 in the next twelve months. This suggests a possible upside of 37.3% 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 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magnolia Oil & Gas.

News headlines about MGY stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Magnolia Oil & Gas earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Magnolia Oil & Gas.

Magnolia Oil & Gas saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 20,591,500 shares, an increase of 10.0% from the July 31st total of 18,711,200 shares. Based on an average daily volume of 1,620,000 shares, the short-interest ratio is presently 12.7 days. Currently, 17.5% of the company's stock are short sold. View Magnolia Oil & Gas' Current Options Chain.

Some companies that are related to Magnolia Oil & Gas include Devon Energy (DVN), Apache (APA), Cabot Oil & Gas (COG), Encana (ECA), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), Viper Energy Partners (VNOM), Murphy Oil (MUR), EQT (EQT), Black Stone Minerals (BSM), Chesapeake Energy (CHK), Vermilion Energy (VET), Kosmos Energy (KOS) and Crescent Point Energy (CPG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Magnolia Oil & Gas investors own include Micron Technology (MU), Enterprise Products Partners (EPD), Square (SQ), American Tower (AMT), BP (BP), DIGITAL RLTY TR/SH (DLR), Tilray (TLRY), Viper Energy Partners (VNOM), Anadarko Petroleum (APC) and Canadian National Railway (CNI).

Magnolia Oil & Gas' stock is owned by many different of retail and institutional investors. Top institutional investors include Davis Selected Advisers (4.99%), Vanguard Group Inc. (3.77%), BlackRock Inc. (2.65%), Price T Rowe Associates Inc. MD (2.55%), Silvercrest Asset Management Group LLC (1.96%) and Victory Capital Management Inc. (1.70%). 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 sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Wasatch Advisors Inc., Morgan Stanley, Davis Selected Advisers, Verition Fund Management LLC, NumerixS Investment Technologies Inc, Caymus Capital Partners L.P. and First Mercantile Trust Co.. View Insider Buying and Selling for Magnolia Oil & Gas.

MGY stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Silvercrest Asset Management Group LLC, Columbia Pacific Advisors LLC, Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Vanguard Group Inc., Rothschild & Co. Asset Management US Inc. and Grantham Mayo Van Otterloo & Co. LLC. 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 $11.72.

Magnolia Oil & Gas has a market capitalization of $3.05 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]