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MGY

MGY - Magnolia Oil & Gas Corp Stock Price, Fair Value and News

25.88USD-0.62 (-2.34%)Market Closed

Market Summary

MGY
USD25.88-0.62
Market Closed
-2.34%

MGY Stock Price

View Fullscreen

MGY RSI Chart

MGY Valuation

Market Cap

4.8B

Price/Earnings (Trailing)

12.82

Price/Sales (Trailing)

3.9

EV/EBITDA

5.42

Price/Free Cashflow

5.71

MGY Price/Sales (Trailing)

MGY Profitability

EBT Margin

43.74%

Return on Equity

19.87%

Return on Assets

13.43%

Free Cashflow Yield

17.52%

MGY Fundamentals

MGY Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

3.58%

Rev. Growth (Qtr)

-1%

MGY Earnings

Earnings (TTM)

377.1M

Earnings Growth (Yr)

-11.68%

Earnings Growth (Qtr)

-13.57%

Breaking Down MGY Revenue

52 Week Range

26.57
(Low)(High)

Last 7 days

6.4%

Last 30 days

-0.6%

Last 90 days

30.3%

Trailing 12 Months

37.2%

How does MGY drawdown profile look like?

MGY Financial Health

Current Ratio

1.71

Debt/Equity

0.21

Debt/Cashflow

2.15

MGY Investor Care

Dividend Yield

1.74%

Dividend/Share (TTM)

0.46

Buy Backs (1Y)

4.91%

Diluted EPS (TTM)

2.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.2B000
20231.6B1.4B1.3B1.2B
20221.2B1.5B1.7B1.7B
2021569.0M738.3M902.2M1.1B
2020904.8M744.7M621.0M541.3M
2019901.1M894.9M961.5M942.2M
2018502.3M601.4M700.5M882.4M
2017000403.2M
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Tracking the Latest Insider Buys and Sells of Magnolia Oil & Gas Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 07, 2024
szabo shandell
acquired
-
-
6,364
-
May 07, 2024
khani david m.
acquired
-
-
6,364
-
May 07, 2024
larson james r
acquired
-
-
6,364
-
May 07, 2024
acosta arcilia
acquired
-
-
6,364
-
May 07, 2024
djerejian edward p
acquired
-
-
6,364
-
May 07, 2024
walker john b
acquired
-
-
6,364
-
May 07, 2024
smith dan f
acquired
-
-
9,257
-
Mar 01, 2024
yang timothy d.
sold (taxes)
-1,014,090
23.00
-44,091
evp - general counsel & sec
Mar 01, 2024
stavros christopher g
sold (taxes)
-1,726,040
23.00
-75,045
ceo & director
Mar 01, 2024
corales brian
sold (taxes)
-251,827
23.00
-10,949
svp & chief financial officer

1–10 of 50

Which funds bought or sold MGY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 10, 2024
VANGUARD GROUP INC
added
16.61
159,669,000
538,654,000
0.01%
May 10, 2024
JPMORGAN CHASE & CO
reduced
-8.44
2,209,010
21,252,500
-%
May 10, 2024
VisionPoint Advisory Group, LLC
reduced
-6.04
5,578
43,985
0.02%
May 10, 2024
Knights of Columbus Asset Advisors LLC
sold off
-100
-7,817,330
-
-%
May 10, 2024
PRINCIPAL SECURITIES, INC.
added
50.13
6,732
14,843
-%
May 10, 2024
Castleview Partners, LLC
added
75.97
3,753
7,032
-%
May 10, 2024
CIBC Private Wealth Group, LLC
new
-
3,824
3,824
-%
May 10, 2024
DIMENSIONAL FUND ADVISORS LP
added
11.03
26,371,200
101,018,000
0.03%
May 10, 2024
WELLS FARGO & COMPANY/MN
added
147
4,001,460
5,988,310
-%
May 10, 2024
Cynosure Group, LLC
new
-
341,736
341,736
0.06%

1–10 of 47

Are Funds Buying or Selling MGY?

Are funds buying MGY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MGY
No. of Funds

Unveiling Magnolia Oil & Gas Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2024
vanguard group inc
11.38%
20,757,369
SC 13G/A
Apr 05, 2024
blackrock inc.
16.9%
30,807,447
SC 13G/A
Feb 14, 2024
t. rowe price investment management, inc.
5.2%
9,681,180
SC 13G
Feb 14, 2024
alliancebernstein l.p.
3.4%
6,224,824
SC 13G/A
Feb 13, 2024
vanguard group inc
9.61%
17,801,055
SC 13G/A
Jan 10, 2024
first trust portfolios lp
5.83%
10,793,189
SC 13G
Jan 08, 2024
blackrock inc.
10.1%
18,704,510
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
5.6%
10,574,207
SC 13G
Feb 14, 2023
t. rowe price investment management, inc.
8.4%
15,720,703
SC 13G
Feb 09, 2023
fmr llc
-
0
SC 13G/A

Recent SEC filings of Magnolia Oil & Gas Corp

View All Filings
Date Filed Form Type Document
May 09, 2024
3
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 08, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report

Peers (Alternatives to Magnolia Oil & Gas Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
467.0B
341.1B
-2.21% 9.99%
14.24
1.37
-16.75% -46.83%
305.6B
198.9B
2.14% 5.33%
15.06
1.54
-18.05% -43.28%
57.0B
27.7B
-6.27% 13.02%
13.18
2.06
-22.75% -55.41%
15.3B
6.6B
-7.17% 19.89%
10.69
2.32
-15.57% -47.38%
11.6B
6.4B
-1.79% 13.64%
10.96
1.8
-54.63% -85.10%
MID-CAP
9.0B
2.2B
1.91% 47.15%
18.59
4.08
-62.59% -77.29%
3.9B
2.7B
-8.87% 25.78%
10.99
1.41
2.93% 8.77%
3.6B
2.5B
-3.50% 52.68%
3.57
1.43
-6.59% -31.79%
2.9B
1.7B
-0.64% -0.96%
13.11
1.68
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
262.2M
304.0M
-4.88% -3.21%
8.57
0.86
-28.78% -93.34%
182.5M
257.2M
-16.19% 136.42%
-4.12
0.71
7.59% 61.82%
96.3M
220.8M
-18.34% -11.63%
-31.58
0.44
-38.52% -116.44%
73.1M
2.8B
-4.35% -14.79%
42.7
0.03
-15.01% 137.22%
27.7M
23.9M
11.74% 2.99%
-10.2
1.16
-21.86% -149.09%

Magnolia Oil & Gas Corp News

Latest updates
Yahoo Movies Canada • 15 hours ago
Defense World • 09 May 2024 • 10:41 am
Zacks Investment Research • 08 May 2024 • 12:21 am
Business Wire • 07 May 2024 • 08:01 pm
Zacks Investment Research • 01 May 2024 • 01:19 am

Magnolia Oil & Gas Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-1.0%31932331628030834948348537833228525220915612183.00181236245243219
Operating Expenses5.6%19518516815918115117115614213011412310911399.001092,146213217199185
  S&GA Expenses-100.0%-19.0019.0019.0020.0017.0020.0019.0017.0015.0015.0025.0020.0018.0017.0016.0018.0017.0017.0019.0016.00
EBITDA Margin0.8%0.72*0.71*0.71*0.73*0.74*0.75*0.75*0.74*0.70*0.67*0.63*0.56*0.47*-3.13*-2.62*-2.04*-----
Interest Expenses-470.9%-2.31-0.401.00-1.150.00-1.80-5.26-7.02-9.36-7.48-7.47-8.75-7.29-7.35-7.33-7.26-6.76-6.74-6.90-7.30-7.42
Income Taxes-35.5%20.0032.0031.0025.0020.00-58.6919.0028.0018.002.004.002.000.00500*-0.34-3.18-75.832.004.005.004.00
Earnings Before Taxes-18.9%11814514912912619630632822719516411992.0042.0013.00-32.57-1,97116.0021.0036.0026.00
EBT Margin-2.4%0.44*0.45*0.48*0.53*0.59*0.62*0.63*0.62*0.56*0.53*0.46*0.36*0.20*-3.60*-3.18*-2.64*-----
Net Income-13.6%85.0098.0010291.0096.0023224525116615011984.0063.003679.00-29.39-1,895-3.1211.0031.0023.00
Net Income Margin-3.8%0.30*0.32*0.42*0.47*0.51*0.53*0.48*0.46*0.42*0.39*0.70*0.71*0.72*-2.86*-3.09*-2.57*-----
Free Cashflow-14.6%21124718720222026841137923926122218811879.0065.0031.00-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.9%2,8082,7562,6522,5672,5762,5732,3012,0871,7951,7471,5861,4981,4561,4531,4341,4131,4913,4663,5333,5313,438
  Current Assets1.1%598591806815820851899750530518377313289282215183229293292230203
    Cash Equivalents-0.4%39940161867766767569050234636724519017819314911714618316497.0076.00
  Current Liabilities11.2%350315304263311340342333239219191168126129124120171175190201184
  Long Term Debt0.2%393393392392391390390389389388388387391391391390390390390389389
    LT Debt, Non Current-100.0%-393392392391390390389389388388387391391391390390390390389389
Shareholder's Equity0.8%1,8981,8831,8471,8101,7671,7401,4701,2691,0721,0459068438448398128028292,7292,7842,7842,717
  Retained Earnings12.6%547486409329260186-46.07-291-542-708-858-977-1,062-1,125-1,153-1,162-1,14483.0075.0067.0049.00
  Additional Paid-In Capital0.1%1,7451,7441,7391,7311,7201,7201,6371,6481,6491,6901,6661,6851,7311,7131,7091,7061,7041,7031,7051,6731,637
Shares Outstanding-3.1%182188189189192187186185183174175171167166166167167162167157156
Minority Interest2.9%1971911831751681641991701752282112192342912802752869521,0141,0451,031
Float----3,700---3,600---2,200---700---1,300-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-14.6%210,932246,882187,311201,773219,823268,002410,681379,135238,869260,542221,904187,878118,15379,12265,15730,964134,878159,008179,220192,829116,562
  Share Based Compensation13.4%4,6584,1064,1974,0913,7723,4503,4623,5172,8852,5932,9103,5282,7051,1582,9273,0652,8792,7132,8293,1152,432
Cashflow From Investing66.9%-127,308-384,252-162,391-118,042-150,215-196,593-134,962-116,124-71,208-80,000-70,836-49,722-42,884-19,147-26,682-60,359-163,800-70,171-98,867-171,896-183,314
Cashflow From Financing-6.8%-85,428-79,975-83,022-74,447-77,765-85,507-88,071-107,516-188,247-58,583-96,327-126,068-89,636-15,947-6,792-247-7,219-70,693-12,573-5317,301
  Dividend Payments-----22,578--2.0037,17428.00-----------
  Buy Backs-75.1%51,201205,320--45,84445,84448,50023,36354,02084,70050,67849,14071,75050,78115,71912,962--59,3719,722--
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MGY Income Statement

2024-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES  
Total revenues$ 319,417$ 308,382
OPERATING EXPENSES  
Lease operating expenses46,15042,371
Gathering, transportation and processing8,53712,732
Taxes other than income17,89819,292
Exploration expenses2511
Asset retirement obligations accretion1,618841
Depreciation, depletion and amortization97,07670,701
Impairment of oil and natural gas properties015,735
General and administrative expenses23,55519,766
Total operating expenses194,859181,449
OPERATING INCOME124,558126,933
OTHER INCOME (EXPENSE)  
Interest income (expense), net(2,312)487
Other expense, net(4,313)(1,138)
Total other expense, net(6,625)(651)
INCOME BEFORE INCOME TAXES117,933126,282
Income tax expense20,33619,605
NET INCOME97,597106,677
LESS: Net income attributable to noncontrolling interest12,51110,342
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK$ 85,086$ 96,335
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING  
Basic (in shares)182,368191,780
Diluted (in shares)182,424192,054
Class A Common Stock  
NET INCOME PER SHARE OF CLASS A COMMON STOCK  
Basic (in dollars per share)$ 0.46$ 0.50
Diluted (in dollars per share)$ 0.46$ 0.50
Oil revenues  
REVENUES  
Total revenues$ 259,182$ 239,122
Natural gas revenues  
REVENUES  
Total revenues21,09527,771
Natural gas liquids revenues  
REVENUES  
Total revenues$ 39,140$ 41,489

MGY Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS  
Cash and cash equivalents$ 399,317$ 401,121
Accounts receivable196,004189,705
Drilling advances1,26312
Other current assets951435
Total current assets597,535591,273
PROPERTY, PLANT AND EQUIPMENT  
Oil and natural gas properties3,882,0383,743,580
Other10,3239,774
Accumulated depreciation, depletion and amortization(1,798,419)(1,701,333)
Total property, plant and equipment, net2,093,9422,052,021
OTHER ASSETS  
Deferred financing costs, net3,3883,836
Deferred tax assets81,60590,358
Other long-term assets31,47218,728
Total other assets116,465112,922
TOTAL ASSETS2,807,9422,756,216
CURRENT LIABILITIES  
Accounts payable219,604193,212
Other current liabilities (Note 6)130,407121,675
Total current liabilities350,011314,887
LONG-TERM LIABILITIES  
Long-term debt, net393,480392,839
Asset retirement obligations, net of current148,689148,467
Other long-term liabilities17,97817,355
Total long-term liabilities560,147558,661
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY  
Additional paid-in capital1,745,1571,743,930
Treasury Stock, at cost, 33,683 shares and 31,333 shares in 2024 and 2023, respectively(591,175)(538,445)
Retained earnings547,261486,162
Noncontrolling interest196,517190,998
Total equity1,897,7841,882,668
TOTAL LIABILITIES AND EQUITY2,807,9422,756,216
Class A Common Stock  
EQUITY  
Common stock2221
Class B Common Stock  
EQUITY  
Common stock$ 2$ 2
MGY
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 area in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. The company was incorporated in 2017 and is headquartered in Houston, Texas.
 CEO
 WEBSITEmagnoliaoilgas.com
 INDUSTRYOil - E&P
 EMPLOYEES213

Magnolia Oil & Gas Corp Frequently Asked Questions


What is the ticker symbol for Magnolia Oil & Gas Corp? What does MGY stand for in stocks?

MGY is the stock ticker symbol of Magnolia Oil & Gas Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Magnolia Oil & Gas Corp (MGY)?

As of Thu May 09 2024, market cap of Magnolia Oil & Gas Corp is 4.83 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MGY stock?

You can check MGY's fair value in chart for subscribers.

What is the fair value of MGY stock?

You can check MGY's fair value in chart for subscribers. The fair value of Magnolia Oil & Gas Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Magnolia Oil & Gas Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MGY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Magnolia Oil & Gas Corp a good stock to buy?

The fair value guage provides a quick view whether MGY is over valued or under valued. Whether Magnolia Oil & Gas Corp is cheap or expensive depends on the assumptions which impact Magnolia Oil & Gas Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MGY.

What is Magnolia Oil & Gas Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, MGY's PE ratio (Price to Earnings) is 12.82 and Price to Sales (PS) ratio is 3.9. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MGY PE ratio will change depending on the future growth rate expectations of investors.