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Energy - Oil & Gas Exploration & Production - NYSE - US
$ 26.85
-1.43 %
$ 5.13 B
Market Cap
13.23
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one MGY stock under the base case scenario is HIDDEN Compared to the current market price of 26.9 USD, Magnolia Oil & Gas Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MGY

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FINANCIALS
1.23 B REVENUE
-27.59%
534 M OPERATING INCOME
-50.22%
384 M NET INCOME
-63.44%
856 M OPERATING CASH FLOW
-34.00%
-815 M INVESTING CASH FLOW
-57.05%
-315 M FINANCING CASH FLOW
32.84%
333 M REVENUE
-1.07%
129 M OPERATING INCOME
-3.97%
106 M NET INCOME
12.25%
218 M OPERATING CASH FLOW
-19.12%
-130 M INVESTING CASH FLOW
50.19%
-87.9 M FINANCING CASH FLOW
33.88%
Balance Sheet Decomposition Magnolia Oil & Gas Corporation
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Current Assets 591 M
Cash & Short-Term Investments 401 M
Receivables 190 M
Other Current Assets 447 K
Non-Current Assets 2.16 B
Long-Term Investments 0
PP&E 2.07 B
Other Non-Current Assets 97.4 M
Current Liabilities 315 M
Accounts Payable 193 M
Short-Term Debt 9.58 M
Other Current Liabilities 112 M
Non-Current Liabilities 559 M
Long-Term Debt 400 M
Other Non-Current Liabilities 159 M
EFFICIENCY
Earnings Waterfall Magnolia Oil & Gas Corporation
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Revenue 1.23 B
Cost Of Revenue 534 M
Gross Profit 693 M
Operating Expenses 493 M
Operating Income 534 M
Other Expenses 151 M
Net Income 384 M
RATIOS
56.47% GROSS MARGIN
56.47%
43.56% OPERATING MARGIN
43.56%
31.65% NET MARGIN
31.65%
22.95% ROE
22.95%
14.09% ROA
14.09%
20.64% ROIC
20.64%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Magnolia Oil & Gas Corporation
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Net Income 384 M
Depreciation & Amortization 325 M
Capital Expenditures -814 M
Stock-Based Compensation 16.2 M
Change in Working Capital -15.8 M
Others 84.1 M
Free Cash Flow 41.6 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Magnolia Oil & Gas Corporation
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Wall Street analysts predict an average 1-year price target for MGY of $29.5 , with forecasts ranging from a low of $27 to a high of $35 .
MGY Lowest Price Target Wall Street Target
27 USD 0.56%
MGY Average Price Target Wall Street Target
29.5 USD 9.87%
MGY Highest Price Target Wall Street Target
35 USD 30.35%
4. DIVIDEND ANALYSIS
0.54% DIVIDEND YIELD
0.13 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Magnolia Oil & Gas Corporation
image
Sold
0-3 MONTHS
362 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
614 M USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Sep 23, 2024
Sell 0 USD
EnerVest, Ltd.
Director
- 500000
0 USD
1 month ago
Sep 23, 2024
Sell 181 M USD
EnerVest, Ltd.
Director
- 7000000
25.86 USD
1 month ago
Sep 23, 2024
Sell 0 USD
Walker John B
Director
- 500000
0 USD
1 month ago
Sep 23, 2024
Sell 181 M USD
Walker John B
Director
- 7000000
25.86 USD
6 months ago
May 14, 2024
Sell 0 USD
Walker John B
director, 10 percent owner:
- 3000000
0 USD
6 months ago
May 14, 2024
Sell 307 M USD
Walker John B
director, 10 percent owner:
- 12000000
25.58 USD
6 months ago
May 14, 2024
Sell 0 USD
EnerVest, Ltd.
director, 10 percent owner:
- 3000000
0 USD
6 months ago
May 14, 2024
Sell 307 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 12000000
25.58 USD
1 year ago
Sep 12, 2023
Bought 23.5 K USD
LARSON JAMES R
Director
+ 1000
23.52 USD
2 years ago
Nov 08, 2022
Sell 48.5 M USD
Walker John B
Director
- 2000000
24.26 USD
2 years ago
Nov 08, 2022
Sell 182 M USD
Walker John B
Director
- 7500000
24.26 USD
2 years ago
Nov 08, 2022
Sell 48.5 M USD
EnerVest, Ltd.
Director
- 2000000
24.26 USD
2 years ago
Nov 08, 2022
Sell 182 M USD
EnerVest, Ltd.
Director
- 7500000
24.26 USD
2 years ago
Jun 06, 2022
Sell 54 M USD
EnerVest Investment Services, L.L.C.
director:
- 2000000
27.01 USD
2 years ago
Jun 06, 2022
Sell 0 USD
EnerVest, Ltd.
director, 10 percent owner:
- 2000000
0 USD
2 years ago
Jun 06, 2022
Sell 203 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 7500000
27.01 USD
2 years ago
Jun 06, 2022
Sell 54 M USD
Walker John B
director:
- 2000000
27.01 USD
2 years ago
Jun 06, 2022
Sell 0 USD
Walker John B
director, 10 percent owner:
- 2000000
0 USD
2 years ago
Jun 06, 2022
Sell 203 M USD
Walker John B
director, 10 percent owner:
- 7500000
27.01 USD
2 years ago
Mar 14, 2022
Sell 0 USD
EnerVest, Ltd.
director, 10 percent owner:
- 2500000
0 USD
2 years ago
Mar 14, 2022
Sell 163 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 7500000
21.72 USD
2 years ago
Mar 14, 2022
Sell 163 M USD
EnerVest Investment Services, L.L.C.
director:
- 7500000
21.72 USD
2 years ago
Mar 14, 2022
Sell 54.3 M USD
Walker John B
director:
- 2500000
21.72 USD
2 years ago
Mar 14, 2022
Sell 0 USD
Walker John B
director, 10 percent owner:
- 2500000
0 USD
2 years ago
Mar 14, 2022
Sell 163 M USD
Walker John B
director, 10 percent owner:
- 7500000
21.72 USD
2 years ago
Feb 03, 2022
Sell 0 USD
EnerVest, Ltd.
director, 10 percent owner:
- 1449185
0 USD
2 years ago
Feb 03, 2022
Sell 145 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 6905000
21 USD
2 years ago
Feb 03, 2022
Sell 11.6 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 550815
21 USD
2 years ago
Feb 03, 2022
Sell 145 M USD
Walker John B
director, 10 percent owner:
- 6905000
21 USD
2 years ago
Feb 03, 2022
Sell 11.6 M USD
Walker John B
director, 10 percent owner:
- 550815
21 USD
3 years ago
Oct 07, 2021
Sell 92.5 M USD
Walker John B
director, 10 percent owner:
- 5000000
18.5 USD
3 years ago
Oct 07, 2021
Sell 92.5 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 5000000
18.5 USD
3 years ago
Sep 28, 2021
Sell 0 USD
Walker John B
director, 10 percent owner:
- 3000000
0 USD
3 years ago
Sep 28, 2021
Sell 123 M USD
Walker John B
director, 10 percent owner:
- 7500000
16.38 USD
3 years ago
Sep 28, 2021
Sell 0 USD
EnerVest, Ltd.
director, 10 percent owner:
- 3000000
0 USD
3 years ago
Sep 28, 2021
Sell 123 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 7500000
16.38 USD
3 years ago
Aug 05, 2021
Bought 706 K USD
CHAZEN STEPHEN I
CHAIRMAN, CEO, PRESIDENT
+ 50000
14.123 USD
3 years ago
Jun 18, 2021
Sell 0 USD
Walker John B
director, 10 percent owner:
- 5000000
0 USD
3 years ago
Jun 18, 2021
Sell 109 M USD
Walker John B
director, 10 percent owner:
- 7600000
14.35 USD
3 years ago
Jun 18, 2021
Sell 0 USD
EnerVest, Ltd.
director, 10 percent owner:
- 5000000
0 USD
3 years ago
Jun 18, 2021
Sell 109 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 7600000
14.35 USD
3 years ago
Mar 05, 2021
Sell 0 USD
Walker John B
director, 10 percent owner:
- 5000000
0 USD
3 years ago
Mar 05, 2021
Sell 199 M USD
Walker John B
director, 10 percent owner:
- 19550000
10.1563 USD
3 years ago
Mar 05, 2021
Sell 0 USD
EnerVest, Ltd.
director, 10 percent owner:
- 5000000
0 USD
3 years ago
Mar 05, 2021
Sell 199 M USD
EnerVest, Ltd.
director, 10 percent owner:
- 19550000
10.1563 USD
3 years ago
Nov 19, 2020
Bought 231 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 40000
5.7731 USD
4 years ago
Sep 22, 2020
Bought 196 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 35000
5.5928 USD
4 years ago
Jun 26, 2020
Bought 55.2 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 10000
5.525 USD
4 years ago
Jun 25, 2020
Bought 82.7 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 14700
5.6284 USD
4 years ago
Jun 24, 2020
Bought 1.67 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 300
5.58 USD
4 years ago
Jun 23, 2020
Bought 89.2 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 15000
5.95 USD
4 years ago
Jun 19, 2020
Bought 207 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 35000
5.9043 USD
4 years ago
Mar 06, 2020
Bought 48.2 K USD
Busch Angela M
Director
+ 7500
6.433 USD
4 years ago
Mar 05, 2020
Bought 35.6 K USD
Busch Angela M
Director
+ 5000
7.125 USD
4 years ago
Feb 27, 2020
Bought 71.5 K USD
Busch Angela M
Director
+ 10000
7.15 USD
4 years ago
Feb 26, 2020
Bought 5.03 K USD
LARSON JAMES R
Director
+ 650
7.74 USD
4 years ago
Feb 25, 2020
Bought 1.04 M USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 136000
7.6429 USD
4 years ago
Feb 24, 2020
Bought 527 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 65000
8.1072 USD
4 years ago
Dec 16, 2019
Sell 613 K USD
MacDougall Michael G.
Director
- 50000
12.2569 USD
4 years ago
Dec 17, 2019
Sell 624 K USD
MacDougall Michael G.
Director
- 50000
12.4725 USD
4 years ago
Dec 18, 2019
Sell 472 K USD
MacDougall Michael G.
Director
- 37779
12.4805 USD
4 years ago
Dec 11, 2019
Sell 37.5 K USD
MacDougall Michael G.
Director
- 3174
11.8059 USD
4 years ago
Dec 12, 2019
Sell 603 K USD
MacDougall Michael G.
Director
- 50000
12.0565 USD
4 years ago
Dec 13, 2019
Sell 147 K USD
MacDougall Michael G.
Director
- 12221
12.0565 USD
4 years ago
Dec 06, 2019
Sell 574 K USD
MacDougall Michael G.
Director
- 50000
11.4856 USD
4 years ago
Dec 09, 2019
Sell 582 K USD
MacDougall Michael G.
Director
- 50000
11.6439 USD
4 years ago
Dec 10, 2019
Sell 587 K USD
MacDougall Michael G.
Director
- 50000
11.7449 USD
4 years ago
Dec 03, 2019
Sell 552 K USD
MacDougall Michael G.
Director
- 50000
11.041 USD
4 years ago
Dec 04, 2019
Sell 566 K USD
MacDougall Michael G.
Director
- 50000
11.3282 USD
4 years ago
Dec 05, 2019
Sell 560 K USD
MacDougall Michael G.
Director
- 50000
11.1986 USD
4 years ago
Nov 27, 2019
Sell 538 K USD
MacDougall Michael G.
Director
- 47500
11.3247 USD
4 years ago
Nov 29, 2019
Sell 538 K USD
MacDougall Michael G.
Director
- 49326
10.9123 USD
4 years ago
Dec 02, 2019
Sell 557 K USD
MacDougall Michael G.
Director
- 50000
11.1457 USD
4 years ago
Nov 25, 2019
Sell 580 K USD
MacDougall Michael G.
Director
- 50000
11.6093 USD
4 years ago
Nov 26, 2019
Sell 572 K USD
MacDougall Michael G.
Director
- 50000
11.4495 USD
4 years ago
Nov 21, 2019
Sell 579 K USD
MacDougall Michael G.
Director
- 50000
11.5745 USD
4 years ago
Nov 22, 2019
Sell 576 K USD
MacDougall Michael G.
Director
- 50000
11.5172 USD
5 years ago
Nov 18, 2019
Sell 574 K USD
MacDougall Michael G.
Director
- 50000
11.4701 USD
5 years ago
Nov 19, 2019
Sell 562 K USD
MacDougall Michael G.
Director
- 50000
11.2331 USD
4 years ago
Nov 20, 2019
Sell 571 K USD
MacDougall Michael G.
Director
- 50000
11.4181 USD
5 years ago
Aug 27, 2019
Bought 4.98 K USD
LARSON JAMES R
Director
+ 500
9.9573 USD
5 years ago
Aug 09, 2019
Bought 255 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 25000
10.217 USD
5 years ago
Mar 06, 2019
Bought 308 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 25000
12.3095 USD
5 years ago
Mar 05, 2019
Bought 5.11 K USD
LARSON JAMES R
Director
+ 400
12.7682 USD
5 years ago
Dec 14, 2018
Bought 499 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 45000
11.09662 USD
5 years ago
Dec 13, 2018
Bought 224 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 20000
11.195187 USD
5 years ago
Dec 14, 2018
Bought 230 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 20000
11.5 USD
5 years ago
Dec 13, 2018
Bought 115 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 10000
11.5 USD
5 years ago
Dec 14, 2018
Bought 223 K USD
Yang Timothy D.
EVP - General Counsel & Sec
+ 20000
11.17 USD
6 years ago
Sep 13, 2018
Bought 139 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 10000
13.94 USD
6 years ago
Sep 13, 2018
Bought 240 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 20900
11.5 USD
6 years ago
Sep 12, 2018
Bought 700 K USD
Walker John B
director, 10 percent owner:
+ 50000
14 USD
6 years ago
Sep 11, 2018
Bought 550 K USD
Walker John B
director, 10 percent owner:
+ 40000
13.76 USD
6 years ago
Sep 10, 2018
Bought 951 K USD
Walker John B
director, 10 percent owner:
+ 70000
13.59 USD
6 years ago
Sep 11, 2018
Bought 300 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 21805
13.74108003 USD
6 years ago
Sep 10, 2018
Bought 630 USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 47
13.4 USD
6 years ago
Sep 07, 2018
Bought 414 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 31031
13.33700976 USD
6 years ago
Sep 11, 2018
Bought 230 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 20000
11.5 USD
6 years ago
Sep 10, 2018
Bought 70.3 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 6109
11.5 USD
6 years ago
Sep 07, 2018
Bought 372 K USD
CHAZEN STEPHEN I
Chairman, President & CEO
+ 32310
11.5 USD
6 years ago
Sep 07, 2018
Bought 136 K USD
Stavros Christopher G
Executive VP, CFO & Secretary
+ 10000
13.59 USD
6 years ago
Sep 07, 2018
Bought 19.2 K USD
Stavros Christopher G
Executive VP, CFO & Secretary
+ 1667
11.5 USD
6 years ago
Aug 31, 2018
Bought 50 K USD
Acosta Arcilia
Director
+ 3600
13.9 USD
6 years ago
Aug 30, 2018
Bought 200 K USD
Acosta Arcilia
Director
+ 14350
13.905 USD
6 years ago
Aug 31, 2018
Bought 20.7 K USD
Chase Valerie
VP - CAO & Controller
+ 1500
13.7902 USD
7 years ago
Aug 24, 2017
Bought 147 K USD
CHAZEN STEPHEN I
President & CEO
+ 15000
9.8 USD
7 years ago
Aug 23, 2017
Bought 143 K USD
CHAZEN STEPHEN I
President & CEO
+ 14000
10.229998 USD
7 years ago
Aug 23, 2017
Bought 0 USD
CHAZEN STEPHEN I
President & CEO
+ 4666.67
0 USD
7 years ago
Aug 21, 2017
Bought 122 K USD
CHAZEN STEPHEN I
President & CEO
+ 11900
10.249985 USD
7 years ago
Aug 21, 2017
Bought 19.6 K USD
CHAZEN STEPHEN I
President & CEO
+ 2000
9.8 USD
7 years ago
Aug 18, 2017
Bought 20.6 K USD
CHAZEN STEPHEN I
President & CEO
+ 2000
10.299945 USD
7 years ago
Aug 18, 2017
Bought 147 K USD
CHAZEN STEPHEN I
President & CEO
+ 15000
9.7999 USD
7 years ago
Aug 21, 2017
Bought 0 USD
CHAZEN STEPHEN I
President & CEO
+ 3966.67
0 USD
7 years ago
Aug 18, 2017
Bought 0 USD
CHAZEN STEPHEN I
President & CEO
+ 666.67
0 USD
7 years ago
May 10, 2017
Bought 1 M USD
CHAZEN STEPHEN I
President & CEO
+ 100000
10 USD
7 years ago
May 10, 2017
Bought 0 USD
CHAZEN STEPHEN I
President & CEO
+ 33333.33
0 USD
7 years ago
May 10, 2017
Bought 115 M USD
TPG Group Holdings (SBS) Advisors, Inc.
director, 10 percent owner:
+ 10000000
11.5 USD
7. News
Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $400 Million Senior Notes HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $400 Million Senior Notes. businesswire.com - 5 days ago
Magnolia Oil And Gas Solid But High-Priced Magnolia Oil and Gas, a $5.4 billion market cap company that produces from fields in south and southeast Texas, pays a 1.9% dividend and is buying back shares. Although it could be a takeover candidate, Magnolia is ranked a hold because it's at the top of its 52-week range, pays a small dividend, and has non-trivial short interest. The company is well-operated and conservatively run, with relatively little debt and a focus on oil production. seekingalpha.com - 1 week ago
Magnolia Oil & Gas' Q3 Earnings Lag Y/Y, Revenues Beat Estimates MGY expects $125 million capital in drilling and completion in the fourth quarter of 2024, with an anticipated production of 93 Mboe/d. zacks.com - 1 week ago
Magnolia Oil & Gas Corporation (MGY) Q3 2024 Earnings Call Transcript Magnolia Oil & Gas Corporation (NYSE:MGY ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Tom Fitter - Investor Relations Chris Stavros - President & Chief Executive Officer Brian Corales - Senior Vice President & Chief Financial Officer Conference Call Participants Neal Dingmann - Truist Securities Phillips Johnston - Capital One Oliver Huang - Tudor, Pickering, Holt Noah Hungness - Bank of America Neil Mehta - Goldman Sachs Tim Rezvan - KeyBanc Capital Markets Sean Mitchell - Daniel Energy Partners Operator Good morning, everyone and thank you for participating in Magnolia Oil & Gas Corporation's Third Quarter 2024 Earnings Conference Call. My name is Cindy, and I will be your moderator for today's call. seekingalpha.com - 2 weeks ago
Magnolia Oil & Gas Corp (MGY) Beats Q3 Earnings and Revenue Estimates Magnolia Oil & Gas Corp (MGY) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.54 per share a year ago. zacks.com - 2 weeks ago
Analysts Estimate Magnolia Oil & Gas Corp (MGY) to Report a Decline in Earnings: What to Look Out for Magnolia Oil & Gas Corp (MGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2024 Results HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2024 Results. businesswire.com - 1 month ago
Why Is Magnolia Oil & Gas Corp (MGY) Up 1.1% Since Last Earnings Report? Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock? zacks.com - 2 months ago
Magnolia (MGY) Q2 Earnings Rise Y/Y, Revenues Lag Estimates Magnolia (MGY) plans to invest $120 million in drilling and completion in the third quarter of 2024, with an anticipated production of 91,000 barrels of oil equivalent per day. zacks.com - 3 months ago
Magnolia Oil & Gas Corporation (MGY) Q2 2024 Earnings Call Transcript Magnolia Oil & Gas Corporation (NYSE:MGY ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Tom Fitter - IR Christopher Stavros - President and CEO Brian Corales - SVP and CFO Conference Call Participants Neal Dingmann - SunTrust Phillips Johnston - Capital One Zachary Parham - JPMorgan Carlos Escalante - Wolfe Research. Oliver Huang - Tudor Pickering Holton Company Noah Hungness - Bank of America Paul Diamond - Citi Operator Good morning, everyone, and thank you for participating in Magnolia Oil & Gas Corporation's Second Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 months ago
Magnolia Oil & Gas Corp (MGY) Q2 Earnings Beat Estimates Magnolia Oil & Gas Corp (MGY) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.44 per share a year ago. zacks.com - 3 months ago
Magnolia Oil & Gas Corp (MGY) Reports Next Week: Wall Street Expects Earnings Growth Magnolia Oil & Gas Corp (MGY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 months ago
8. Profile Summary

Magnolia Oil & Gas Corporation MGY

image
COUNTRY US
INDUSTRY Oil & Gas Exploration & Production
MARKET CAP $ 5.13 B
Dividend Yield 0.54%
Description 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.
Contact Nine Greenway Plaza, Houston, TX, 77046 https://www.magnoliaoilgas.com
IPO Date June 29, 2017
Employees 247
Officers Mr. Jim Johnson Vice President of Finance, IR & Treasurer Mr. Timothy D. Yang Executive Vice President, General Counsel, Corporate Secretary & Land Mr. Brian Michael Corales CPA Senior Vice President, Chief Financial Officer and Principal Accounting & Financial Officer Mr. Steve F. Millican Senior Vice President of Operations Tom Fitter Investor Relations Executive Mr. Christopher G. Stavros President, Chief Executive Officer & Director