MGY RSI Chart
Last 7 days
6.4%
Last 30 days
-0.6%
Last 90 days
30.3%
Trailing 12 Months
37.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.2B | 0 | 0 | 0 |
2023 | 1.6B | 1.4B | 1.3B | 1.2B |
2022 | 1.2B | 1.5B | 1.7B | 1.7B |
2021 | 569.0M | 738.3M | 902.2M | 1.1B |
2020 | 904.8M | 744.7M | 621.0M | 541.3M |
2019 | 901.1M | 894.9M | 961.5M | 942.2M |
2018 | 502.3M | 601.4M | 700.5M | 882.4M |
2017 | 0 | 0 | 0 | 403.2M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold MGY recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
Unveiling Magnolia Oil & Gas Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Magnolia Oil & Gas Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
XOM | 467.0B | 341.1B | 14.24 | 1.37 | ||||
CVX | 305.6B | 198.9B | 15.06 | 1.54 | ||||
OXY | 57.0B | 27.7B | 13.18 | 2.06 | ||||
MRO | 15.3B | 6.6B | 10.69 | 2.32 | ||||
CHK | 11.6B | 6.4B | 10.96 | 1.8 | ||||
MID-CAP | ||||||||
RRC | 9.0B | 2.2B | 18.59 | 4.08 | ||||
HP | 3.9B | 2.7B | 10.99 | 1.41 | ||||
CNX | 3.6B | 2.5B | 3.57 | 1.43 | ||||
KOS | 2.9B | 1.7B | 13.11 | 1.68 | ||||
CPE | 2.4B | 2.1B | 5.93 | 1.13 | ||||
SMALL-CAP | ||||||||
AMPY | 262.2M | 304.0M | 8.57 | 0.86 | ||||
AMTX | 182.5M | 257.2M | -4.12 | 0.71 | ||||
BATL | 96.3M | 220.8M | -31.58 | 0.44 | ||||
AE | 73.1M | 2.8B | 42.7 | 0.03 | ||||
BRN | 27.7M | 23.9M | -10.2 | 1.16 |
Magnolia Oil & Gas Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -1.0% | 319 | 323 | 316 | 280 | 308 | 349 | 483 | 485 | 378 | 332 | 285 | 252 | 209 | 156 | 121 | 83.00 | 181 | 236 | 245 | 243 | 219 |
Operating Expenses | 5.6% | 195 | 185 | 168 | 159 | 181 | 151 | 171 | 156 | 142 | 130 | 114 | 123 | 109 | 113 | 99.00 | 109 | 2,146 | 213 | 217 | 199 | 185 |
S&GA Expenses | -100.0% | - | 19.00 | 19.00 | 19.00 | 20.00 | 17.00 | 20.00 | 19.00 | 17.00 | 15.00 | 15.00 | 25.00 | 20.00 | 18.00 | 17.00 | 16.00 | 18.00 | 17.00 | 17.00 | 19.00 | 16.00 |
EBITDA Margin | 0.8% | 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 | -0.40 | 1.00 | -1.15 | 0.00 | -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% | 20.00 | 32.00 | 31.00 | 25.00 | 20.00 | -58.69 | 19.00 | 28.00 | 18.00 | 2.00 | 4.00 | 2.00 | 0.00 | 500* | -0.34 | -3.18 | -75.83 | 2.00 | 4.00 | 5.00 | 4.00 |
Earnings Before Taxes | -18.9% | 118 | 145 | 149 | 129 | 126 | 196 | 306 | 328 | 227 | 195 | 164 | 119 | 92.00 | 42.00 | 13.00 | -32.57 | -1,971 | 16.00 | 21.00 | 36.00 | 26.00 |
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% | 85.00 | 98.00 | 102 | 91.00 | 96.00 | 232 | 245 | 251 | 166 | 150 | 119 | 84.00 | 63.00 | 367 | 9.00 | -29.39 | -1,895 | -3.12 | 11.00 | 31.00 | 23.00 |
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% | 211 | 247 | 187 | 202 | 220 | 268 | 411 | 379 | 239 | 261 | 222 | 188 | 118 | 79.00 | 65.00 | 31.00 | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.9% | 2,808 | 2,756 | 2,652 | 2,567 | 2,576 | 2,573 | 2,301 | 2,087 | 1,795 | 1,747 | 1,586 | 1,498 | 1,456 | 1,453 | 1,434 | 1,413 | 1,491 | 3,466 | 3,533 | 3,531 | 3,438 |
Current Assets | 1.1% | 598 | 591 | 806 | 815 | 820 | 851 | 899 | 750 | 530 | 518 | 377 | 313 | 289 | 282 | 215 | 183 | 229 | 293 | 292 | 230 | 203 |
Cash Equivalents | -0.4% | 399 | 401 | 618 | 677 | 667 | 675 | 690 | 502 | 346 | 367 | 245 | 190 | 178 | 193 | 149 | 117 | 146 | 183 | 164 | 97.00 | 76.00 |
Current Liabilities | 11.2% | 350 | 315 | 304 | 263 | 311 | 340 | 342 | 333 | 239 | 219 | 191 | 168 | 126 | 129 | 124 | 120 | 171 | 175 | 190 | 201 | 184 |
Long Term Debt | 0.2% | 393 | 393 | 392 | 392 | 391 | 390 | 390 | 389 | 389 | 388 | 388 | 387 | 391 | 391 | 391 | 390 | 390 | 390 | 390 | 389 | 389 |
LT Debt, Non Current | -100.0% | - | 393 | 392 | 392 | 391 | 390 | 390 | 389 | 389 | 388 | 388 | 387 | 391 | 391 | 391 | 390 | 390 | 390 | 390 | 389 | 389 |
Shareholder's Equity | 0.8% | 1,898 | 1,883 | 1,847 | 1,810 | 1,767 | 1,740 | 1,470 | 1,269 | 1,072 | 1,045 | 906 | 843 | 844 | 839 | 812 | 802 | 829 | 2,729 | 2,784 | 2,784 | 2,717 |
Retained Earnings | 12.6% | 547 | 486 | 409 | 329 | 260 | 186 | -46.07 | -291 | -542 | -708 | -858 | -977 | -1,062 | -1,125 | -1,153 | -1,162 | -1,144 | 83.00 | 75.00 | 67.00 | 49.00 |
Additional Paid-In Capital | 0.1% | 1,745 | 1,744 | 1,739 | 1,731 | 1,720 | 1,720 | 1,637 | 1,648 | 1,649 | 1,690 | 1,666 | 1,685 | 1,731 | 1,713 | 1,709 | 1,706 | 1,704 | 1,703 | 1,705 | 1,673 | 1,637 |
Shares Outstanding | -3.1% | 182 | 188 | 189 | 189 | 192 | 187 | 186 | 185 | 183 | 174 | 175 | 171 | 167 | 166 | 166 | 167 | 167 | 162 | 167 | 157 | 156 |
Minority Interest | 2.9% | 197 | 191 | 183 | 175 | 168 | 164 | 199 | 170 | 175 | 228 | 211 | 219 | 234 | 291 | 280 | 275 | 286 | 952 | 1,014 | 1,045 | 1,031 |
Float | - | - | - | - | 3,700 | - | - | - | 3,600 | - | - | - | 2,200 | - | - | - | 700 | - | - | - | 1,300 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -14.6% | 210,932 | 246,882 | 187,311 | 201,773 | 219,823 | 268,002 | 410,681 | 379,135 | 238,869 | 260,542 | 221,904 | 187,878 | 118,153 | 79,122 | 65,157 | 30,964 | 134,878 | 159,008 | 179,220 | 192,829 | 116,562 |
Share Based Compensation | 13.4% | 4,658 | 4,106 | 4,197 | 4,091 | 3,772 | 3,450 | 3,462 | 3,517 | 2,885 | 2,593 | 2,910 | 3,528 | 2,705 | 1,158 | 2,927 | 3,065 | 2,879 | 2,713 | 2,829 | 3,115 | 2,432 |
Cashflow From Investing | 66.9% | -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 | -531 | 7,301 |
Dividend Payments | - | - | - | - | - | 22,578 | - | - | 2.00 | 37,174 | 28.00 | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | -75.1% | 51,201 | 205,320 | - | -45,844 | 45,844 | 48,500 | 23,363 | 54,020 | 84,700 | 50,678 | 49,140 | 71,750 | 50,781 | 15,719 | 12,962 | - | - | 59,371 | 9,722 | - | - |
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 expenses | 46,150 | 42,371 |
Gathering, transportation and processing | 8,537 | 12,732 |
Taxes other than income | 17,898 | 19,292 |
Exploration expenses | 25 | 11 |
Asset retirement obligations accretion | 1,618 | 841 |
Depreciation, depletion and amortization | 97,076 | 70,701 |
Impairment of oil and natural gas properties | 0 | 15,735 |
General and administrative expenses | 23,555 | 19,766 |
Total operating expenses | 194,859 | 181,449 |
OPERATING INCOME | 124,558 | 126,933 |
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 TAXES | 117,933 | 126,282 |
Income tax expense | 20,336 | 19,605 |
NET INCOME | 97,597 | 106,677 |
LESS: Net income attributable to noncontrolling interest | 12,511 | 10,342 |
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK | $ 85,086 | $ 96,335 |
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING | ||
Basic (in shares) | 182,368 | 191,780 |
Diluted (in shares) | 182,424 | 192,054 |
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 revenues | 21,095 | 27,771 |
Natural gas liquids revenues | ||
REVENUES | ||
Total revenues | $ 39,140 | $ 41,489 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
CURRENT ASSETS | ||
Cash and cash equivalents | $ 399,317 | $ 401,121 |
Accounts receivable | 196,004 | 189,705 |
Drilling advances | 1,263 | 12 |
Other current assets | 951 | 435 |
Total current assets | 597,535 | 591,273 |
PROPERTY, PLANT AND EQUIPMENT | ||
Oil and natural gas properties | 3,882,038 | 3,743,580 |
Other | 10,323 | 9,774 |
Accumulated depreciation, depletion and amortization | (1,798,419) | (1,701,333) |
Total property, plant and equipment, net | 2,093,942 | 2,052,021 |
OTHER ASSETS | ||
Deferred financing costs, net | 3,388 | 3,836 |
Deferred tax assets | 81,605 | 90,358 |
Other long-term assets | 31,472 | 18,728 |
Total other assets | 116,465 | 112,922 |
TOTAL ASSETS | 2,807,942 | 2,756,216 |
CURRENT LIABILITIES | ||
Accounts payable | 219,604 | 193,212 |
Other current liabilities (Note 6) | 130,407 | 121,675 |
Total current liabilities | 350,011 | 314,887 |
LONG-TERM LIABILITIES | ||
Long-term debt, net | 393,480 | 392,839 |
Asset retirement obligations, net of current | 148,689 | 148,467 |
Other long-term liabilities | 17,978 | 17,355 |
Total long-term liabilities | 560,147 | 558,661 |
COMMITMENTS AND CONTINGENCIES (Note 8) | ||
EQUITY | ||
Additional paid-in capital | 1,745,157 | 1,743,930 |
Treasury Stock, at cost, 33,683 shares and 31,333 shares in 2024 and 2023, respectively | (591,175) | (538,445) |
Retained earnings | 547,261 | 486,162 |
Noncontrolling interest | 196,517 | 190,998 |
Total equity | 1,897,784 | 1,882,668 |
TOTAL LIABILITIES AND EQUITY | 2,807,942 | 2,756,216 |
Class A Common Stock | ||
EQUITY | ||
Common stock | 22 | 21 |
Class B Common Stock | ||
EQUITY | ||
Common stock | $ 2 | $ 2 |
 | Mr. Christopher G. Stavros |
---|---|
 | magnoliaoilgas.com |
 | Oil - E&P |
 | 213 |