$27.96
-0.96%Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $832.7M | $789.2M | $747.9M | $708.8M | $671.7M | $636.6M | $603.3M | $571.8M | $541.9M | $513.5M |
| Maintenance CapEx | -$89.0M | -$84.3M | -$79.9M | -$75.7M | -$71.8M | -$68.0M | -$64.5M | -$61.1M | -$57.9M | -$54.9M |
| Owner Earnings | $743.7M | $704.8M | $668.0M | $633.0M | $599.9M | $568.6M | $538.8M | $510.7M | $484.0M | $458.7M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $688.6M | $604.3M | $530.3M | $465.3M | $408.3M | $358.3M | $314.4M | $275.9M | $242.1M | $212.5M |
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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