Magnolia Oil & Gas Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last twelve months. There are currently 6 hold ratings and 7 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.

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Magnolia Oil & Gas is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Magnolia Oil & Gas.

Magnolia Oil & Gas Co. (NYSE:MGY) announced its earnings results on Tuesday, May, 4th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.10. 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 stock has increased by 156.1% and is now trading at $12.32.
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13 analysts have issued 1-year price objectives for Magnolia Oil & Gas' shares. Their forecasts range from $6.00 to $15.00. On average, they anticipate Magnolia Oil & Gas' stock price to reach $9.21 in the next year. This suggests that the stock has a possible downside of 25.3%.
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Some companies that are related to Magnolia Oil & Gas include Continental Resources (CLR), Sasol (SSL), Galp Energia, SGPS (GLPEY), Toray Industries (TRYIY), Marathon Oil (MRO), APA (APA), Cimarex Energy (XEC), Ovintiv (OVV), Cabot Oil & Gas (COG), EQT (EQT), PDC Energy (PDCE), Matador Resources (MTDR), Antero Resources (AR), Southwestern Energy (SWN) and CNX Resources (CNX).
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."

Magnolia Oil & Gas' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.42%), Victory Capital Management Inc. (0.61%), The Manufacturers Life Insurance Company (0.50%), Wedge Capital Management L L P NC (0.36%), Ziegler Capital Management LLC (0.26%) and Thompson Siegel & Walmsley LLC (0.25%). 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.

MGY stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Thompson Siegel & Walmsley LLC, Icon Wealth Partners LLC, Rhumbline Advisers, Virginia Retirement Systems ET AL, BNP Paribas Arbitrage SA, and Zurcher Kantonalbank Zurich Cantonalbank .
View insider buying and selling activity for Magnolia Oil & Gas or view top insider-selling stocks.

MGY stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Ziegler Capital Management LLC, BlackRock Inc., Comerica Bank, The Manufacturers Life Insurance Company , Exos Asset Management LLC, Swiss National Bank, and Natixis Advisors L.P.. 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.

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 $12.32.

Magnolia Oil & Gas has a market capitalization of $3.00 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]