Magnolia Oil & Gas Corporation

Equities

MGY

US5596631094

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 01:30:02 08/06/2024 am IST			5-day change	1st Jan Change
24.25 ^USD	-0.45%		-6.55%	+13.90%

31/05	Truist Securities Adjusts Price Target on Magnolia Oil & Gas to $35 From $33, Maintains Buy Rating	MT
16/05	Magnolia Oil & Gas Insider Sold Shares Worth $306,960,000, According to a Recent SEC Filing	MT

Magnolia Oil & Gas Corporation Provides Production Guidance for the Full Year 2022

August 03, 2022 at 01:32 am IST

Magnolia Oil & Gas Corporation provided production guidance for the full year 2022. For the year, the company currently expect full year production growth in the range of 12% to 14% compared to 2021 levels.

Latest news about Magnolia Oil & Gas Corporation

Truist Securities Adjusts Price Target on Magnolia Oil & Gas to $35 From $33, Maintains Buy Rating	31/05	MT
Magnolia Oil & Gas Insider Sold Shares Worth $306,960,000, According to a Recent SEC Filing	16/05	MT
Mizuho Adjusts Price Target on Magnolia Oil & Gas to $28 From $26, Maintains Neutral Rating	13/05	MT
Transcript : Magnolia Oil & Gas Corporation, Q1 2024 Earnings Call, May 08, 2024	08/05
Magnolia Oil & Gas Q1 EPS Decreases, Revenue Rises	08/05	MT
Earnings Flash (MGY) MAGNOLIA OIL & GAS CORPORATION Reports Q1 Revenue $319.4M	08/05	MT
Earnings Flash (MGY) MAGNOLIA OIL & GAS CORPORATION Reports Q1 EPS $0.46	08/05	MT
Tranche Update on Magnolia Oil & Gas Corporation's Equity Buyback Plan announced on August 6, 2019.	08/05	CI
Magnolia Oil & Gas Corporation Reports Production Results for the First Quarter Ended March 31, 2024	08/05	CI
Magnolia Oil & Gas Corporation Provides Production Guidance for the Second Quarter of 2024 and Reiterates Production Guidance for the Full Year of 2024	08/05	CI
Magnolia Oil & Gas Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	08/05	CI
Magnolia Oil & Gas Announces Quarterly Dividend, Payable on June 3, 2024	02/05	CI
Susquehanna Adjusts Price Target on Magnolia Oil & Gas to $31 From $28, Maintains Positive Rating	22/04	MT
Piper Sandler Downgrades Magnolia Oil & Gas to Neutral From Overweight, Price Target is $29	19/04	MT
Wells Fargo Raises Magnolia Oil & Gas Price Target to $27 From $23, Maintains Equal Weight Rating	18/04	MT
Citigroup Raises Price Target on Magnolia Oil & Gas to $22 From $18, Maintains Sell Rating	15/04	MT
Goldman Sachs Adjusts Magnolia Oil & Gas' Price Target to $28 From $24.50, Keeps Buy Rating	26/03	MT
Magnolia Oil & Gas Corporation(NYSE:MGY) added to S&P 1000	18/03	CI
Magnolia Oil & Gas Corporation(NYSE:MGY) added to S&P 600 Energy	18/03	CI
Magnolia Oil & Gas Corporation(NYSE:MGY) added to S&P Composite 1500	18/03	CI
Magnolia Oil & Gas Corporation(NYSE:MGY) added to S&P 600	18/03	CI
Mizuho Securities Raises Magnolia Oil & Gas' Price Target to $26 From $24, Maintains Neutral Rating	14/03	MT
BofA Securities Initiates Magnolia Oil & Gas at Buy Rating With $25 Price Target	27/02	MT
Nickel heads for biggest weekly gain in seven months	23/02	RE
Truist Securities Adjusts Price Target on Magnolia Oil & Gas to $33 From $32, Maintains Buy Rating	16/02	MT

Chart Magnolia Oil & Gas Corporation

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Company Profile

Magnolia Oil & Gas Corporation is an independent oil and natural gas company, which acquires, develops, explores and produces oil, natural gas and natural gas liquid (NGL) reserves. The Companyâs oil and natural gas properties are located primarily in the Karnes and Giddings areas in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. The Companyâs assets consist of a total leasehold position of 789,719 gross (576,504 net) acres, including 72,503 gross (50,681 net) acres in the Karnes area and 717,216 gross (525,823 net) acres in the Giddings area. The Karnes area consists 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. The Giddings Assets are located in Brazos, Burleson, Fayette, Grimes, Lee, Milam, Robertson and Washington Counties, Texas.

Sector

Oil & Gas Exploration and Production

Calendar

30/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Magnolia Oil & Gas Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

24.25 USD

Average target price

28.28 USD

Spread / Average Target

+16.61%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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