Magnolia Oil & Gas Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Magnolia Oil & Gas in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 Tuesday, August 3rd 2021.
View our earnings forecast for Magnolia Oil & Gas.

Magnolia Oil & Gas will be holding an earnings conference call on Tuesday, August 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Magnolia Oil & Gas Co. (NYSE:MGY) released its quarterly earnings results on Tuesday, May, 4th. The company reported $0.38 EPS for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.10. The firm had revenue of $207.66 million for the quarter, compared to analyst estimates of $193.83 million. Magnolia Oil & Gas had a net margin of 14.60% and a trailing twelve-month return on equity of 10.60%.
View Magnolia Oil & Gas' earnings history.

Magnolia Oil & Gas' stock was trading at $4.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MGY stock has increased by 184.8% and is now trading at $13.70.
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11 brokerages have issued 12 month price targets for Magnolia Oil & Gas' shares. Their forecasts range from $7.00 to $18.00. On average, they expect Magnolia Oil & Gas' stock price to reach $12.20 in the next year. This suggests that the stock has a possible downside of 10.9%.
View analysts' price targets for Magnolia Oil & Gas or view top-rated stocks among Wall Street analysts.

Some companies that are related to Magnolia Oil & Gas include Continental Resources (CLR), Gulfport Energy (GPORQ), Toray Industries (TRYIY), Sasol (SSL), Marathon Oil (MRO), Galp Energia, SGPS (GLPEY), Ovintiv (OVV), APA (APA), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), Chesapeake Energy (CHK), Antero Resources (AR), Range Resources (RRC) and PDC Energy (PDCE).
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 number of retail and institutional investors. Top institutional shareholders include Raymond James Trust N.A. (0.01%). 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 acquired by a variety of institutional investors in the last quarter, including Raymond James Trust N.A.. 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 $13.70.

Magnolia Oil & Gas has a market capitalization of $3.32 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]