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Magnolia Oil & Gas (MGY)
NYSE:MGY
Holding MGY?
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MGY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$19.16 - $29.02
Previous CloseN/A
Volume322.24K
Average Volume (3M)2.00M
Market Cap
$5.22B
Enterprise Value$4.76B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)13.1
Beta0.96
Next Earnings
Feb 18, 2025EPS Estimate
0.47Last Dividend Ex-Date
Nov 08, 2024Dividend Yield1.96%
Share Statistics
EPS (TTM)2.02
Shares Outstanding191,036,250
10 Day Avg. Volume1,974,083
30 Day Avg. Volume1,998,342
Standard Deviation0.17
R-Squared0.38
Alpha0.00268
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.98
Price to Cash Flow (P/CF)6.00
P/FCF Ratio11.60
Enterprise Value/Market Cap0.91
Enterprise Value/Revenue3.63
Enterprise Value/Gross Profit6.37
Enterprise Value/Ebitda5.02
Forecast
1Y Price Target
$27.78Price Target Upside4.71% Upside
Rating ConsensusHold
Number of Analyst Covering10
Magnolia Oil & Gas News
PremiumCompany Announcements
Magnolia Oil & Gas Board Appointment and Disclosure Update
Bulls Say, Bears Say
Bulls Say
Dividend GrowthAnalyst forecasts a greater than 10% increase in dividend, consistent with last year's increase and slightly above Magnolia Oil & Gas's longer-term target of ~10% annual dividend growth.
Operational EfficiencyImproving well costs and efficiencies are enabling MGY to drill an additional 4-well pad within its initial budget.
Production GrowthMGY reported sound 3Q24 financial results driven by an oil production beat, lower capex and better than expected price realizations.
Bears Say
Financial PerformanceFinancial estimates are slightly below consensus due to higher per unit transportation and processing costs.
Operational DisruptionsMGY reported production disruptions due to unplanned midstream outages that impacted volumes during Q3.
ValuationThe stock is trading at a considerable premium to peers on EV/EBITDX.
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Ownership Overview
3.88% Insiders
39.01% Mutual Funds
0.14% Other Institutional Investors
19.37% Public Companies and Individual Investors
MGY FAQ
What was Magnolia Oil & Gas’s price range in the past 12 months?
Magnolia Oil & Gas lowest stock price was $19.16 and its highest was $29.02 in the past 12 months.
What is Magnolia Oil & Gas’s market cap?
Magnolia Oil & Gas’s market cap is $5.22B.
When is Magnolia Oil & Gas’s upcoming earnings report date?
Magnolia Oil & Gas’s upcoming earnings report date is Feb 18, 2025 which is in 28 days.
How were Magnolia Oil & Gas’s earnings last quarter?
Magnolia Oil & Gas released its earnings results on Oct 30, 2024. The company reported $0.491 earnings per share for the quarter, beating the consensus estimate of $0.477 by $0.014.
Is Magnolia Oil & Gas overvalued?
According to Wall Street analysts Magnolia Oil & Gas’s price is currently Undervalued.
Does Magnolia Oil & Gas pay dividends?
Magnolia Oil & Gas pays a Quarterly dividend of $0.516 which represents an annual dividend yield of 1.96%. See more information on Magnolia Oil & Gas dividends here
What is Magnolia Oil & Gas’s EPS estimate?
Magnolia Oil & Gas’s EPS estimate is 0.47.
How many shares outstanding does Magnolia Oil & Gas have?
Magnolia Oil & Gas has 191,036,250 shares outstanding.
What happened to Magnolia Oil & Gas’s price movement after its last earnings report?
Magnolia Oil & Gas reported an EPS of $0.491 in its last earnings report, beating expectations of $0.477. Following the earnings report the stock price went down -1.101%.
Which hedge fund is a major shareholder of Magnolia Oil & Gas?
Currently, no hedge funds are holding shares in MGY
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Magnolia Oil & Gas Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$27.78 (4.71% Upside)
$27.78 (4.71% Upside)
Blogger Sentiment
Bullish
MGY Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 184.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
38.29%
12-Months-Change
Fundamentals
Return on Equity
20.95%
Trailing 12-Months
Asset Growth
5.97%
Trailing 12-Months
Company Description
Magnolia Oil & Gas
Magnolia Oil & Gas Corp. is engaged in oil and gas exploration and production business. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on July 31, 2018 and is headquartered in Houston, TX.
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MGY Company Deck
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MGY Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a strong quarter for Magnolia Oil & Gas with significant oil production growth, efficiency in capital spending, and effective cost management. These positives are somewhat tempered by challenges with midstream facility outages and a decrease in revenue per BOE due to lower oil prices. However, the overall sentiment remains positive given the company's strategic focus on shareholder returns and successful acquisitions.Read More>---
MGY Stock 12 Month Forecast
Average Price Target
$27.78
▲(4.71% Upside)
Technical Analysis
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Best Analysts Covering MGY
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+72.96%
reiterated a buy rating 13 days ago
Copying Leo Mariani's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +72.96% per trade.
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