Magnolia Oil & Gas Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last twelve months. There are currently 4 hold ratings and 8 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.

Wall Street analysts have given Magnolia Oil & Gas a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Magnolia Oil & Gas wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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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 quarterly earnings data on Tuesday, May, 4th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.10. Magnolia Oil & Gas had a trailing twelve-month return on equity of 10.60% and a net margin of 14.60%.
View Magnolia Oil & Gas' earnings history.

Magnolia Oil & Gas' stock was trading at $4.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MGY shares have increased by 232.2% and is now trading at $15.98.
View which stocks have been most impacted by COVID-19.

12 analysts have issued 12-month price objectives for Magnolia Oil & Gas' shares. Their forecasts range from $7.00 to $16.00. On average, they anticipate Magnolia Oil & Gas' share price to reach $11.41 in the next twelve months. This suggests that the stock has a possible downside of 28.6%.
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Some companies that are related to Magnolia Oil & Gas include Continental Resources (CLR), Toray Industries (TRYIY), Marathon Oil (MRO), Sasol (SSL), Gulfport Energy (GPORQ), Galp Energia, SGPS (GLPEY), APA (APA), Ovintiv (OVV), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), Chesapeake Energy (CHK), PDC Energy (PDCE), Antero Resources (AR) and Range Resources (RRC).
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 institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (7.60%), BlackRock Inc. (4.42%), Wasatch Advisors Inc. (2.43%), Nuveen Asset Management LLC (1.78%), Massachusetts Financial Services Co. MA (1.78%) and GW&K Investment Management LLC (1.05%). 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 Russell Investments Group Ltd., Millennium Management LLC, Victory Capital Management Inc., JPMorgan Chase & Co., Thompson Siegel & Walmsley LLC, Arrowstreet Capital Limited Partnership, Massachusetts Financial Services Co. MA, and Credit Suisse AG.
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 GW&K Investment Management LLC, Wasatch Advisors Inc., Capital International Investors, Royal Bank of Canada, Wedge Capital Management L L P NC, Ziegler Capital Management LLC, Covalis Capital LLP, and Prudential Financial Inc.. 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 $15.98.

Magnolia Oil & Gas has a market capitalization of $3.87 billion and generates $534.51 million in revenue each year. The company earns $-1,208,390,000.00 in net income (profit) each year or ($0.02) 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]