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Magnolia Oil & Gas/$MGY

14:30
16:10
17:45
19:25
21:00
1D1W1MYTD1Y5YMAX

About Magnolia Oil & Gas

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.

Ticker

$MGY
Sector

Trading on

NYSE

Industry

Oil, Gas & Consumable Fuels

Employees

247

MGY Metrics

BasicAdvanced
$4.8B
Market cap
12.53
P/E ratio
$2.02
EPS
2.00
Beta
$0.52
Dividend rate
2.05%
Dividend yield
$4.8B
2
$28.19
$19.16
1.6M
$0.52
1.475
1.475
20.137
20.137
24.84%
13.06%
12.03%
22.19%
12.526
3.572
2.49
2.49
8.962
2.05%
2.05%
4.67%
-25.59%
13.29%
5.85%
86.63%

What the Analysts think about MGY

Analyst Ratings

Analyst ratings (Buy, Hold, Sell) for Magnolia Oil & Gas stock.

MGY Financial Performance

Income Statement

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

MGY Earnings Performance

Earnings per share (EPS)

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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FAQs

What’s the current market cap for Magnolia Oil & Gas stock?

Magnolia Oil & Gas (MGY) has a market cap of $4.8B as of December 15, 2024.

What is the P/E ratio for Magnolia Oil & Gas stock?

The price to earnings (P/E) ratio for Magnolia Oil & Gas (MGY) stock is 12.53 as of December 15, 2024.

Does Magnolia Oil & Gas stock pay dividends?

Yes, the Magnolia Oil & Gas (MGY) stock pays dividends to shareholders. As of December 15, 2024, the dividend rate is $0.52 and the yield is 2.05%. Magnolia Oil & Gas has a payout ratio of 24.84% on a trailing twelve-month basis.

When is the next Magnolia Oil & Gas dividend payment date?

The next Magnolia Oil & Gas (MGY) dividend payment date is unconfirmed.

What is the beta indicator for Magnolia Oil & Gas?

Magnolia Oil & Gas (MGY) has a beta rating of 2. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.