MGY icon

Magnolia Oil & Gas

22.79 USD
-0.17
0.74%
At close Feb 7, 4:00 PM EST
After hours
22.74
-0.05
0.22%
1 day
-0.74%
5 days
-4.96%
1 month
-4.92%
3 months
-15.75%
6 months
-5.00%
Year to date
-3.43%
1 year
12.71%
5 years
124.53%
10 years
127.90%
 

About: Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The Company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.

Employees: 247

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

103% more call options, than puts

Call options by funds: $4.38M | Put options by funds: $2.15M

70% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 33

6% more funds holding

Funds holding: 343 [Q2] → 362 (+19) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 126

4% less capital invested

Capital invested by funds: $5.67B [Q2] → $5.44B (-$224M) [Q3]

5.19% less ownership

Funds ownership: 123.65% [Q2] → 118.46% (-5.19%) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$26
14%
upside
Avg. target
$28
25%
upside
High target
$34
49%
upside

5 analyst ratings

positive
20%
neutral
80%
negative
0%
Goldman Sachs
Umang Choudhary
25% 1-year accuracy
1 / 4 met price target
14%upside
$26
Neutral
Downgraded
31 Jan 2025
Piper Sandler
Mark Lear
44% 1-year accuracy
77 / 176 met price target
14%upside
$26
Neutral
Maintained
29 Jan 2025
Truist Securities
Neal Dingmann
35% 1-year accuracy
55 / 156 met price target
49%upside
$34
Buy
Maintained
13 Jan 2025
B of A Securities
Noah Hungness
33% 1-year accuracy
4 / 12 met price target
23%upside
$28
Neutral
Downgraded
13 Jan 2025
Mizuho
William Janela
40% 1-year accuracy
10 / 25 met price target
23%upside
$28
Neutral
Maintained
16 Dec 2024

Financial journalist opinion

Based on 3 articles about MGY published over the past 30 days

Positive
Zacks Investment Research
4 days ago
4 Energy Stocks Rewarding Investors With Dividend Hikes
Despite the energy sector's ups and downs, dividends are rising. Here's a look at the recent payout hikes from CVX, IMO, NOG, and MGY.
4 Energy Stocks Rewarding Investors With Dividend Hikes
Neutral
Zacks Investment Research
6 days ago
Is the Options Market Predicting a Spike in Magnolia Oil & Gas (MGY) Stock?
Investors need to pay close attention to Magnolia Oil & Gas (MGY) stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in Magnolia Oil & Gas (MGY) Stock?
Neutral
Business Wire
6 days ago
Magnolia Oil & Gas Announces 15 Percent Dividend Increase
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces 15 Percent Dividend Increase.
Magnolia Oil & Gas Announces 15 Percent Dividend Increase
Neutral
Business Wire
1 month ago
Magnolia Oil & Gas Schedules Conference Call for Fourth Quarter and Full Year 2024 Results
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Fourth Quarter and Full Year 2024 Results.
Magnolia Oil & Gas Schedules Conference Call for Fourth Quarter and Full Year 2024 Results
Neutral
Business Wire
1 month ago
Magnolia Oil & Gas Corporation Appoints R. Lewis Ropp to its Board of Directors
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Appoints R. Lewis Ropp to its Board of Directors.
Magnolia Oil & Gas Corporation Appoints R. Lewis Ropp to its Board of Directors
Positive
Seeking Alpha
2 months ago
Magnolia Oil & Gas: Continued Improvements In Capital Efficiency
Magnolia's Q3 2024 total production was in-line with expectations despite some third-party midstream issues. Magnolia's oil production has been tracking a bit above expectations, and it now should finish 2024 with low-double digits growth compared to 2023. Magnolia's recent note offering pushes its note maturity to 2032, and it has no credit facility debt and more than $250 million in cash on hand.
Magnolia Oil & Gas: Continued Improvements In Capital Efficiency
Positive
Zacks Investment Research
2 months ago
Magnolia Oil & Gas Corp (MGY) Up 9.5% Since Last Earnings Report: Can It Continue?
Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock?
Magnolia Oil & Gas Corp (MGY) Up 9.5% Since Last Earnings Report: Can It Continue?
Neutral
Business Wire
2 months ago
Magnolia Oil & Gas Operating LLC Announces Pricing of Offering of $400 Million Senior Notes
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Operating LLC Announces Pricing of Offering of $400 Million Senior Notes.
Magnolia Oil & Gas Operating LLC Announces Pricing of Offering of $400 Million Senior Notes
Neutral
Business Wire
2 months ago
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.
Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $400 Million Senior Notes
Neutral
Seeking Alpha
3 months 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.
Magnolia Oil And Gas Solid But High-Priced
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