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

$10.25
-0.22 (-2.10 %)
(As of 08/20/2019 04:00 PM ET)
Today's Range
$10.1350
Now: $10.25
$10.41
50-Day Range
$9.69
MA: $10.64
$11.40
52-Week Range
$9.27
Now: $10.25
$15.23
Volume827,142 shs
Average Volume1.28 million shs
Market Capitalization$2.66 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.23
Magnolia Oil & Gas Corporation engages in the business of acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company has oil and natural gas properties located primarily in Karnes County and the Giddings Field in South Texas primarily comprising the Eagle Ford Shale and the Austin Chalk formation. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
CIKN/A
Phone713-842-9050

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$882.40 million
Cash Flow$2.5309 per share
Book Value$10.85 per share

Profitability

Net Income$257.65 million

Miscellaneous

Employees27
Market Cap$2.66 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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

What is Magnolia Oil & Gas' stock symbol?

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

How were Magnolia Oil & Gas' earnings last quarter?

Magnolia Oil & Gas Corp (NYSE:MGY) announced its quarterly earnings results on Tuesday, August, 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.02. The business earned $242.96 million during the quarter, compared to the consensus estimate of $239.51 million. Magnolia Oil & Gas had a net margin of 12.13% and a return on equity of 5.12%. View Magnolia Oil & Gas' Earnings History.

When is Magnolia Oil & Gas' next earnings date?

Magnolia Oil & Gas is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Magnolia Oil & Gas.

What price target have analysts set for MGY?

12 brokers have issued 1 year price targets for Magnolia Oil & Gas' shares. Their forecasts range from $14.00 to $20.00. On average, they expect Magnolia Oil & Gas' share price to reach $16.5455 in the next year. This suggests a possible upside of 61.4% from the stock's current price. View Analyst Price Targets for Magnolia Oil & Gas.

What is the consensus analysts' recommendation 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.

Has Magnolia Oil & Gas been receiving favorable news coverage?

Media coverage about MGY stock has been trending positive on Tuesday, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Magnolia Oil & Gas earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Magnolia Oil & Gas.

Are investors shorting Magnolia Oil & Gas?

Magnolia Oil & Gas saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 18,711,200 shares, an increase of 8.1% from the June 30th total of 17,313,800 shares. Based on an average daily trading volume, of 1,560,000 shares, the days-to-cover ratio is presently 12.0 days. Approximately 18.3% of the company's shares are short sold. View Magnolia Oil & Gas' Current Options Chain.

Who are some of Magnolia Oil & Gas' key competitors?

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 Micron Technology (MU), Enterprise Products Partners (EPD), Square (SQ), BP (BP), DIGITAL RLTY TR/SH (DLR), American Airlines Group (AAL), Tilray (TLRY), Viper Energy Partners (VNOM), American Tower (AMT) and Canadian National Railway (CNI).

Who are Magnolia Oil & Gas' key executives?

Magnolia Oil & Gas' management team includes the folowing people:
  • Mr. Stephen I. Chazen, Pres, CEO & Chairman (Age 72)
  • Mr. Christopher G. Stavros, CFO & Exec. VP (Age 56)
  • Mr. Steve F. Millican, Sr. VP of Operations (Age 43)
  • Mr. Brian Michael Corales CPA, VP of Investor Relations
  • Mr. Timothy D. Yang, Exec. VP, Gen. Counsel & Sec. (Age 47)

Who are Magnolia Oil & Gas' major shareholders?

Magnolia Oil & Gas' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Davis Selected Advisers (4.99%), Vanguard Group Inc. (3.77%), BlackRock Inc. (2.78%), 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.

Which institutional investors are selling Magnolia Oil & Gas stock?

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.

Which institutional investors are buying Magnolia Oil & Gas stock?

MGY stock was bought 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Magnolia Oil & Gas' stock price today?

One share of MGY stock can currently be purchased for approximately $10.25.

How big of a company is Magnolia Oil & Gas?

Magnolia Oil & Gas has a market capitalization of $2.66 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.

What is Magnolia Oil & Gas' official website?

The official website for Magnolia Oil & Gas is http://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]


MarketBeat Community Rating for Magnolia Oil & Gas (NYSE MGY)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  155 (Vote Underperform)
Total Votes:  294
MarketBeat's community ratings are surveys of what our community members think about Magnolia Oil & Gas and other stocks. Vote "Outperform" if you believe MGY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2019 by MarketBeat.com Staff

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