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Magnolia Oil & Gas Corp

MGY
View Detailed Chart
26.990USD
+0.780+2.98%
Close 02/06, 16:00ETQuotes delayed by 15 min
4.95BMarket Cap
15.40P/E TTM

Magnolia Oil & Gas Corp

26.990
+0.780+2.98%
Intraday
1m
30m
1h
D
W
M
D

Today

+2.98%

5 Days

+5.80%

1 Month

+25.59%

6 Months

+13.83%

Year to Date

+23.30%

1 Year

+17.55%

View Detailed Chart

Key Insights

Magnolia Oil & Gas Corp's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 16 out of 119 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 27.23.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Magnolia Oil & Gas Corp's Score

Industry at a Glance

Industry Ranking
16 / 119
Overall Ranking
59 / 4521
Industry
Oil & Gas

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Magnolia Oil & Gas Corp Highlights

StrengthsRisks
Magnolia Oil & Gas Corporation is an oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. The Company’s oil and natural gas properties are located primarily in the Karnes and Giddings areas in South Texas. Its assets consist of a total leasehold position of approximately 817,907 gross (604,057 net) acres, including 79,067 gross (54,936 net) acres in the Karnes area and 738,840 gross (549,121 net) acres in the Giddings area. The Giddings area is comprised of oil and natural gas assets primarily located in Brazos, Burleson, Fayette, Grimes, Lee, Milam, Robertson, and Washington Counties, Texas. The Karnes area is comprised of oil and natural gas assets primarily located in Karnes, Dimmit, Gonzales, and Zavala Counties, Texas, in the core of the Eagle Ford Shale. The acreage comprising the Karnes area also includes the Austin Chalk formation overlying the Eagle Ford Shale.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 27.00%.
Fairly Valued
The company’s latest PB is 2.55, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 208.11M shares, decreasing 7.79% quarter-over-quarter.
Held by HOTCHKIS & WILEY
Star Investor HOTCHKIS & WILEY holds 10.15K shares of this stock.

Analyst Rating

Based on 21 analysts
Buy
Current Rating
27.234
Target Price
+3.91%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Magnolia Oil & Gas Corp News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Magnolia Oil & Gas Corp Info

Magnolia Oil & Gas Corporation is an oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. The Company’s oil and natural gas properties are located primarily in the Karnes and Giddings areas in South Texas. Its assets consist of a total leasehold position of approximately 817,907 gross (604,057 net) acres, including 79,067 gross (54,936 net) acres in the Karnes area and 738,840 gross (549,121 net) acres in the Giddings area. The Giddings area is comprised of oil and natural gas assets primarily located in Brazos, Burleson, Fayette, Grimes, Lee, Milam, Robertson, and Washington Counties, Texas. The Karnes area is comprised of oil and natural gas assets primarily located in Karnes, Dimmit, Gonzales, and Zavala Counties, Texas, in the core of the Eagle Ford Shale. The acreage comprising the Karnes area also includes the Austin Chalk formation overlying the Eagle Ford Shale.
Ticker SymbolMGY
CompanyMagnolia Oil & Gas Corp
CEOStavros (Christopher G)
Websitehttps://www.magnoliaoilgas.com/
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