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MGY

Magnolia Oil & Gas Corp

MGY

20.37USD+0.03 (+0.15%)Delayed as of 07 Dec 2023, 03:02 pm
Watchlist

Market Summary

USD20.37+0.03
Delayedas of 07 Dec 2023, 03:02 pm
0.15%

MGY Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

MGY Stock Price

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MGY RSI Chart

MGY Valuation

Market Cap

3.9B

Price/Earnings (Trailing)

7.39

Price/Sales (Trailing)

3.07

EV/EBITDA

3.65

Price/Free Cashflow

4.39

MGY Price/Sales (Trailing)

MGY Profitability

EBT Margin

58.86%

Return on Equity

46.64%

Return on Assets

31.99%

Free Cashflow Yield

22.76%

MGY Fundamentals

MGY Revenue

Revenue (TTM)

1.3B

Revenue Y/Y

-34.64%

Revenue Q/Q

12.63%

MGY Earnings

Earnings (TTM)

521.6M

Earnings Y/Y

-58.44%

Earnings Q/Q

11.52%

Price Action

52 Week Range

18.7224.34
(Low)(High)

Last 7 days

-5.3%

Last 30 days

-8.4%

Last 90 days

-14.0%

Trailing 12 Months

-13.7%

How does MGY drawdown profile look like?

MGY Financial Health

Current Ratio

2.64

MGY Investor Care

Dividend Yield

2.19%

Dividend/Share (TTM)

0.45

Shares Dilution (1Y)

0.67%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.6B1.4B1.3B0
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

Latest Insider Trading transactions for MGY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 01, 2023
busch angela m
acquired
-
-
274
-
Dec 01, 2023
acosta arcilia
acquired
-
-
60.00
-
Nov 10, 2023
busch angela m
gifted
-
-
-5,000
-
Sep 12, 2023
larson james r
bought
23,520
23.52
1,000
-
Sep 01, 2023
busch angela m
acquired
-
-
256
-
Sep 01, 2023
acosta arcilia
acquired
-
-
56.00
-
Jun 01, 2023
busch angela m
acquired
-
-
311
-
Jun 01, 2023
acosta arcilia
acquired
-
-
68.00
-
May 03, 2023
larson james r
acquired
-
-
7,517
-
May 03, 2023
busch angela m
acquired
-
-
7,517
-

1–10 of 50

Which funds bought or sold MGY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-40.19
-1,668,090
3,176,170
-%
Nov 21, 2023
COMERICA BANK
reduced
-47.06
2,656,110
2,656,110
0.01%
Nov 17, 2023
TimesSquare Capital Management, LLC
reduced
-18.43
-2,180,000
18,410,000
0.29%
Nov 16, 2023
Financial Gravity Asset Management, Inc.
sold off
-100
-251
-
-%
Nov 16, 2023
Creative Planning
added
67.15
199,844
439,964
-%
Nov 15, 2023
Front Row Advisors LLC
unchanged
-
880
4,880
-%
Nov 15, 2023
MORGAN STANLEY
added
14.23
10,252,000
50,913,500
-%
Nov 15, 2023
JANE STREET GROUP, LLC
added
61.7
553,737
1,270,560
-%
Nov 15, 2023
American Trust
reduced
-8.77
20.00
231,299
0.02%
Nov 15, 2023
MANUFACTURERS LIFE INSURANCE COMPANY, THE
added
1.48
4,342,500
42,993,500
0.03%

1–10 of 43

Latest Funds Activity

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

Schedule 13G FIlings of Magnolia Oil & Gas Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
t. rowe price investment management, inc.
8.4%
15,720,703
SC 13G
Feb 14, 2023
alliancebernstein l.p.
5.6%
10,574,207
SC 13G
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
8.88%
16,647,997
SC 13G/A
Feb 01, 2023
blackrock inc.
6.7%
12,561,232
SC 13G/A
Jun 06, 2022
enervest, ltd.
18.0%
39,622,882
SC 13D/A
Mar 15, 2022
enervest, ltd.
21.9%
49,122,882
SC 13D/A
Feb 14, 2022
price t rowe associates inc /md/
12.1%
22,059,427
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 08, 2022
enervest, ltd.
26.1%
59,122,882
SC 13D/A

Recent SEC filings of Magnolia Oil & Gas Corp

View All Filings
Date Filed Form Type Document
Dec 04, 2023
4
Insider Trading
Dec 04, 2023
4
Insider Trading
Nov 13, 2023
4
Insider Trading
Nov 02, 2023
10-Q
Quarterly Report
Nov 01, 2023
8-K
Current Report
Sep 13, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading

MGY Fair Value

Loading...

Peers (Alternatives to Magnolia Oil & Gas Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
393.0B
355.7B
-6.33% -3.80%
9.56
1.1
-11.79% -20.69%
266.2B
210.2B
-3.00% -16.37%
10.46
1.27
-11.63% -25.47%
14.5B
6.6B
-11.54% -13.93%
8.59
2.18
-17.82% -54.98%
9.8B
10.9B
-13.22% -19.87%
1.8
0.9
37.84% 94.62%
-
29.7B
-8.52% -11.49%
-
-
-19.21% -57.99%
MID-CAP
7.1B
3.9B
-16.28% 15.95%
5.19
1.82
-12.27% 9.11%
3.5B
2.9B
-11.35% -25.04%
8.07
1.22
39.51% 6143.35%
3.2B
3.4B
-8.48% 21.91%
1.32
0.93
197.39% 446.96%
2.8B
1.8B
-13.74% 4.28%
36.12
1.59
-23.88% -82.35%
2.0B
2.4B
-15.59% -21.18%
3.66
0.83
-7.39% -51.28%
SMALL-CAP
226.2M
327.6M
-12.01% -22.90%
0.6
0.69
-27.62% 496.32%
172.5M
-
-9.88% -4.99%
-1.22
1.18
21.03% -281.13%
80.8M
250.3M
-20.16% -54.95%
-1.86
0.32
-31.75% -183.24%
66.3M
2.8B
-19.30% -31.15%
-10.73
0.02
-14.73% -145.53%
24.9M
26.8M
0.40% -18.45%
-24.74
0.93
8.21% -113.99%

Magnolia Oil & Gas Corp News

Latest updates
Yahoo Finance23 Nov 202308:00 am14 days ago

Financials for Magnolia Oil & Gas Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue12.6%31628030834948348537833228525220915612183.00181236245243219255178
Operating Expenses5.4%16815918115117115614213011412310911399.001092,146213217199185181138
  S&GA Expenses3.4%19.0019.0020.0017.0020.0019.0017.0015.0015.0025.0020.0018.0017.0016.0018.0017.0017.0019.0016.0019.0010.00
EBITDA Margin---0.74*0.75*0.75*0.74*0.69*0.67*0.63*0.56*0.48*-3.17*-2.62*-2.04*-1.52*0.63*0.64*0.61*0.64*0.65*0.67*
Interest Expenses100.0%--1.150.00-1.80-5.26-7.02-9.36-7.48-7.47-8.75-7.29-7.35-7.33-7.26-6.76-6.74-6.90-7.30-7.42-7.49-4.96
Income Taxes25.6%31.0025.0020.00-58.6919.0028.0018.002.004.002.000.00500*-0.34-3.18-75.832.004.005.004.008.004.00
Earnings Before Taxes14.9%14912912619630632822719516411992.0042.0013.00-32.57-1,97116.0021.0036.0026.0066.0028.00
EBT Margin---0.59*0.62*0.63*0.62*0.56*0.53*0.47*0.36*0.20*-3.65*-3.18*-2.64*-2.10*0.11*0.16*0.18*0.24*0.32*0.35*
Net Income11.5%10291.0096.0023224525116615011984.0063.003679.00-29.39-1,895-3.1211.0031.0023.0033.006.00
Net Income Margin---0.51*0.53*0.48*0.46*0.42*0.39*0.33*0.25*0.15*-2.26*-1.98*-1.65*-1.31*0.05*0.08*0.08*0.16*0.15*0.12*
Free Cashflow---22026841137923926122218811879.0065.0031.0013515917919311721591.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets3.3%2,6522,5672,5762,5732,3012,0871,7951,7471,5861,4981,4561,4531,4341,4131,4913,4663,5333,5313,4383,4343,300
  Current Assets-1.1%806815820851899750530518377313289282215183229293292230203292212
    Cash Equivalents-8.6%61867766767569050234636724519017819314911714618316497.0076.0013637.00
  Current Liabilities15.5%304263311340342333239219191168126129124120171175190201184197178
    LT Debt, Non Current0.2%392392391390390389389388388387391391391390390390390389389389388
Shareholder's Equity2.1%1,8471,8101,7671,7401,4701,2691,0721,0459068438448398128028292,7292,7842,7842,7172,7082,642
  Retained Earnings24.4%409329260186-46.07-291-542-708-858-977-1,062-1,125-1,153-1,162-1,14483.0075.0067.0049.0036.003.00
  Additional Paid-In Capital0.4%1,7391,7311,7201,7201,6371,6481,6491,6901,6661,6851,7311,7131,7091,7061,7041,7031,7051,6731,6371,6411,648
Shares Outstanding-100.0%-189192-189188183-175175167-166167167-167157156-152
Minority Interest4.3%1831751681641991701752282112192342912802752869521,0141,0451,0311,031992
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-7.2%187,311,000201,773,000219,823,000268,002,000410,681,000379,135,000238,869,000260,542,000221,904,000187,878,000118,153,00079,122,00065,157,00030,964,000134,878,000159,008,000179,220,000192,829,000116,562,000218,168,00087,302,000
  Share Based Compensation2.6%4,197,0004,091,0003,772,0003,450,0003,462,0003,517,0002,885,0002,593,0002,910,0003,528,0002,705,0001,158,0002,927,0003,065,0002,879,0002,713,0002,829,0003,115,0002,432,0001,851,000-
Cashflow From Investing-37.6%-162,391,000-118,042,000-150,215,000-196,593,000-134,962,000-116,124,000-71,208,000-80,000,000-70,836,000-49,722,000-42,884,000-19,147,000-26,682,000-60,359,000-163,800,000-70,171,000-98,867,000-171,896,000-183,314,000-119,125,000-758,515,000
Cashflow From Financing-11.5%-83,022,000-74,447,000-77,765,000-85,507,000-88,071,000-107,516,000-188,247,000-58,583,000-96,327,000-126,068,000-89,636,000-15,947,000-6,792,000-247,000-7,219,000-70,693,000-12,573,000-531,0007,301,000-707,905,000
  Dividend Payments-1.4%21,796,00022,106,00022,578,00018,978,00019,044,0002,00037,174,00028,00014,103,000------------
  Buy Backs-------------6,479,000-6,483,00059,371,0009,722,000----

MGY Income Statement

2023-09-30
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES    
Total revenues$ 315,678$ 482,963$ 904,351$ 1,345,451
OPERATING EXPENSES    
Lease operating expenses35,89334,709115,06096,057
Gathering, transportation and processing10,29719,29733,41951,518
Taxes other than income14,82326,62349,33174,917
Exploration expenses5,1281,1735,13910,119
Asset retirement obligations accretion8758142,5392,404
Depreciation, depletion and amortization81,15868,972228,868179,331
Impairment of oil and natural gas properties0015,7350
General and administrative expenses19,37119,62557,86355,226
Total operating expenses167,545171,213507,954469,572
OPERATING INCOME148,133311,750396,397875,879
OTHER INCOME (EXPENSE)    
Interest income (expense), net1,034(5,263)372(21,637)
Other income (expense), net(479)(166)7,6436,579
Total other income (expense), net555(5,429)8,015(15,058)
INCOME BEFORE INCOME TAXES148,688306,321404,412860,821
Income tax expense31,21119,35875,66365,333
NET INCOME117,477286,963328,749795,488
LESS: Net income attributable to noncontrolling interest15,44741,48638,893133,389
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK$ 102,030$ 245,477$ 289,856$ 662,099
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING    
Basic (in shares)187,093188,635189,408186,475
Diluted (in shares)187,265189,074189,612186,967
Class A Common Stock    
NET INCOME PER SHARE OF CLASS A COMMON STOCK    
Basic (in dollars per share)$ 0.54$ 1.29$ 1.51$ 3.52
Diluted (in dollars per share)$ 0.54$ 1.29$ 1.51$ 3.51
Oil revenues    
REVENUES    
Total revenues$ 243,588$ 317,243$ 705,857$ 912,702
Natural gas revenues    
REVENUES    
Total revenues27,069100,12475,687242,049
Natural gas liquids revenues    
REVENUES    
Total revenues$ 45,021$ 65,596$ 122,807$ 190,700

MGY Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 618,466$ 675,441
Accounts receivable186,763170,770
Drilling advances123,484
Other current assets5071,052
Total current assets805,748850,747
PROPERTY, PLANT AND EQUIPMENT  
Oil and natural gas properties3,278,2212,940,011
Other9,6158,991
Accumulated depreciation, depletion and amortization(1,605,380)(1,415,973)
Total property, plant and equipment, net1,682,4561,533,029
OTHER ASSETS  
Deferred financing costs, net4,2905,636
Deferred tax assets118,628162,792
Other long-term assets41,37120,381
Total other assets164,289188,809
TOTAL ASSETS2,652,4932,572,585
CURRENT LIABILITIES  
Accounts payable183,341202,846
Other current liabilities (Note 6)120,364137,427
Total current liabilities303,705340,273
LONG-TERM LIABILITIES  
Long-term debt, net392,209390,383
Asset retirement obligations, net of current99,24895,129
Other long-term liabilities10,1746,609
Total long-term liabilities501,631492,121
COMMITMENTS AND CONTINGENCIES (Note 8)
Additional paid-in capital1,738,6681,719,875
Treasury Stock, at cost, 28,833 shares and 21,684 shares in 2023 and 2022, respectively(483,745)(329,512)
Retained earnings409,230185,669
Noncontrolling interest182,981164,136
Total equity1,847,1571,740,191
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY2,652,4932,572,585
Class A Common Stock  
Common stock2121
Class B Common Stock  
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
 WEBSITEwww.magnoliaoilgas.com
 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 Wed Dec 06 2023, market cap of Magnolia Oil & Gas Corp is 3.85 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. 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 Wed Dec 06 2023, MGY's PE ratio (Price to Earnings) is 7.39 and Price to Sales (PS) ratio is 3.07. 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.