Magnolia Oil & Gas (MGY) Earnings Date, Estimates & Call Transcripts

$26.60

+0.53 (+2.03%)

(As of 07/26/2024 ET)

Upcoming Earnings Date: Jul. 31
After Market Closes
Confirmed
Actual EPS (May. 7): $0.49 Beat By $0.05
Consensus EPS (May. 7): $0.44

MGY Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGY Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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Magnolia Oil & Gas Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2024	4	$0.43	$1.75	$0.85
Q2 2024	5	$0.48	$0.67	$0.54
Q3 2024	5	$0.47	$0.66	$0.57
Q4 2024	5	$0.47	$0.70	$0.58
FY 2024	19	$1.85	$3.78	$2.54
Q1 2025	4	$0.46	$0.62	$0.53
Q2 2025	4	$0.41	$0.66	$0.53
Q3 2025	4	$0.41	$0.69	$0.56
Q4 2025	4	$0.43	$0.72	$0.59
FY 2025	16	$1.71	$2.69	$2.22
Q1 2026	1	$0.56	$0.56	$0.56

MGY Earnings Date and Information

Magnolia Oil & Gas last issued its quarterly earnings data on May 7th, 2024. The reported $0.49 EPS for the quarter, topping the consensus estimate of $0.44 by $0.05. The firm earned $319.42 million during the quarter, compared to analyst estimates of $308.21 million. Magnolia Oil & Gas has generated $2.01 earnings per share over the last year ($2.01 diluted earnings per share) and currently has a price-to-earnings ratio of 13.2. Earnings for Magnolia Oil & Gas are expected to grow by 8.64% in the coming year, from $2.20 to $2.39 per share. Magnolia Oil & Gas has confirmed that its next quarterly earnings report will be published on Wednesday, July 31st, 2024. Magnolia Oil & Gas will be holding an earnings conference call on Thursday, August 1st at 11:00 AM Eastern. Interested parties can register for or listen to the call..

Magnolia Oil & Gas Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
7/31/2024 (Confirmed)	-	-	-	-	-	-	-
5/7/2024	Q1 2024	$0.44	$0.49	+$0.05	$0.52	$308.21 million	$319.42 million
2/14/2024	Q4 2023	$0.54	$0.50	($0.04)	$0.47	$324.95 million	$322.63 million
11/1/2023	Q3 2023	$0.53	$0.54	+$0.01	$0.54	$318.30 million	$315.68 million
8/1/2023	Q2 2023	$0.43	$0.44	+$0.01	$0.40	$291.74 million	$280.29 million
5/3/2023	Q1 2023	$0.53	$0.56	+$0.03	$0.62	$322.86 million	$308.38 million
2/14/2023	Q4 2022	$0.76	$0.86	+$0.10	$0.52	$351.53 million	$349.04 million
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11/1/2022	Q3 2022	$1.18	$1.29	+$0.11	$1.29	$454.87 million	$482.96 million
8/2/2022	Q2 2022	$1.18	$1.10	($0.08)	$0.88	$459.13 million	$484.65 million
5/9/2022	Q1 2022	$0.90	$0.90	-	$0.90	$374.63 million	$377.84 million
2/16/2022	Q4 2021	$0.74	$0.82	+$0.08	$0.82	$326.40 million	$332.15 million
10/31/2021	Q3 2021	$0.61	$0.67	+$0.06	$0.67	$278.35 million	$283.58 million
8/1/2021	Q2 2021	$0.41	$0.56	+$0.15	$0.64	$229.42 million	$250.73 million
5/4/2021	Q1 2021	$0.28	$0.38	+$0.10	$0.39	$193.83 million	$207.66 million
2/22/2021	Q4 2020	$0.10	$0.15	+$0.05	$0.14	$141.29 million	$149.24 million
11/5/2020	Q3 2020	$0.05	$0.06	+$0.01	$0.07	$128.77 million	$121.07 million
8/5/2020	Q2 2020	($0.07)	($0.08)	($0.01)	($0.05)	$94.62 million	$82.84 million
5/11/2020	Q1 2020	($0.07)	($0.11)	($0.04)	$7.12	$190.42 million	$181.37 million
2/19/2020	Q4	$0.07	$0.05	($0.02)	$0.05	$243.94 million	$229.71 million
11/4/2019	Q3 2019	$0.10	$0.06	($0.04)	$0.07	$247.17 million	$244.80 million
8/6/2019	Q2 2019	$0.14	$0.12	($0.02)	$0.12	$239.51 million	$242.96 million

Magnolia Oil & Gas Earnings - Frequently Asked Questions

When is Magnolia Oil & Gas's earnings date?: Magnolia Oil & Gas has confirmed that its next quarterly earnings data will be published on Wednesday, July 31st, 2024. Learn more on MGY's earnings history.
Did Magnolia Oil & Gas beat their earnings estimates last quarter?: In the previous quarter, Magnolia Oil & Gas (NYSE:MGY) reported $0.49 earnings per share (EPS) to beat the analysts' consensus estimate of $0.44 by $0.05. Learn more on analysts' earnings estimate vs. MGY's actual earnings.
How much revenue does Magnolia Oil & Gas generate each year?: Magnolia Oil & Gas (NYSE:MGY) has a recorded annual revenue of $1.23 billion.
How much profit does Magnolia Oil & Gas generate each year?: Magnolia Oil & Gas (NYSE:MGY) has a recorded net income of $388.30 million. MGY has generated $2.01 earnings per share over the last four quarters.
What is Magnolia Oil & Gas's price-to-earnings ratio?: Magnolia Oil & Gas (NYSE:MGY) has a trailing price-to-earnings ratio of 13.23 and a forward price-to-earnings ratio of 12.09. The price/earnings-to-growth ratio is 0.95.
What is Magnolia Oil & Gas's EPS forecast for next year?: Magnolia Oil & Gas's earnings are expected to grow from $2.20 per share to $2.39 per share in the next year, which is a 8.64% increase.