Magnolia Oil & Gas Corp

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 Alerts

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

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

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Net sales

Year	Q1	Q2	Q3	Q4
2023	1.6B	1.4B	1.3B	0
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

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Latest Insider Trading transactions for MGY

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	-

Which funds bought or sold MGY recently?

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Datesorted ascending	Fund Name	Type	% 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%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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

Peers (Alternatives to Magnolia Oil & Gas Corp)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	393.0B	355.7B	-6.33%	-3.80%	9.56	1.1	-11.79%	-20.69%
CVX	266.2B	210.2B	-3.00%	-16.37%	10.46	1.27	-11.63%	-25.47%
MRO	14.5B	6.6B	-11.54%	-13.93%	8.59	2.18	-17.82%	-54.98%
CHK	9.8B	10.9B	-13.22%	-19.87%	1.8	0.9	37.84%	94.62%
OXY	-	29.7B	-8.52%	-11.49%	-	-	-19.21%	-57.99%
MID-CAP
RRC	7.1B	3.9B	-16.28%	15.95%	5.19	1.82	-12.27%	9.11%
HP	3.5B	2.9B	-11.35%	-25.04%	8.07	1.22	39.51%	6143.35%
CNX	3.2B	3.4B	-8.48%	21.91%	1.32	0.93	197.39%	446.96%
KOS	2.8B	1.8B	-13.74%	4.28%	36.12	1.59	-23.88%	-82.35%
CPE	2.0B	2.4B	-15.59%	-21.18%	3.66	0.83	-7.39%	-51.28%
SMALL-CAP
AMPY	226.2M	327.6M	-12.01%	-22.90%	0.6	0.69	-27.62%	496.32%
AMTX	172.5M	-	-9.88%	-4.99%	-1.22	1.18	21.03%	-281.13%
BATL	80.8M	250.3M	-20.16%	-54.95%	-1.86	0.32	-31.75%	-183.24%
AE	66.3M	2.8B	-19.30%	-31.15%	-10.73	0.02	-14.73%	-145.53%
BRN	24.9M	26.8M	0.40%	-18.45%	-24.74	0.93	8.21%	-113.99%

Magnolia Oil & Gas Corp News

Latest updates

Financials for Magnolia Oil & Gas Corp

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	12.6%	316	280	308	349	483	485	378	332	285	252	209	156	121	83.00	181	236	245	243	219	255	178
Operating Expenses	5.4%	168	159	181	151	171	156	142	130	114	123	109	113	99.00	109	2,146	213	217	199	185	181	138
S&GA Expenses	3.4%	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	19.00	10.00
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 Expenses	100.0%	-	-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	-7.49	-4.96
Income Taxes	25.6%	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	8.00	4.00
Earnings Before Taxes	14.9%	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	66.00	28.00
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 Income	11.5%	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	33.00	6.00
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	-	-	-	220	268	411	379	239	261	222	188	118	79.00	65.00	31.00	135	159	179	193	117	215	91.00

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	3.3%	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	3,434	3,300
Current Assets	-1.1%	806	815	820	851	899	750	530	518	377	313	289	282	215	183	229	293	292	230	203	292	212
Cash Equivalents	-8.6%	618	677	667	675	690	502	346	367	245	190	178	193	149	117	146	183	164	97.00	76.00	136	37.00
Current Liabilities	15.5%	304	263	311	340	342	333	239	219	191	168	126	129	124	120	171	175	190	201	184	197	178
LT Debt, Non Current	0.2%	392	392	391	390	390	389	389	388	388	387	391	391	391	390	390	390	390	389	389	389	388
Shareholder's Equity	2.1%	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	2,708	2,642
Retained Earnings	24.4%	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	36.00	3.00
Additional Paid-In Capital	0.4%	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	1,641	1,648
Shares Outstanding	-100.0%	-	189	192	-	189	188	183	-	175	175	167	-	166	167	167	-	167	157	156	-	152
Minority Interest	4.3%	183	175	168	164	199	170	175	228	211	219	234	291	280	275	286	952	1,014	1,045	1,031	1,031	992

Cashflow (Last 12 Months)
(In Millions)

Cashflow (Quarterly)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-7.2%	187,311,000	201,773,000	219,823,000	268,002,000	410,681,000	379,135,000	238,869,000	260,542,000	221,904,000	187,878,000	118,153,000	79,122,000	65,157,000	30,964,000	134,878,000	159,008,000	179,220,000	192,829,000	116,562,000	218,168,000	87,302,000
Share Based Compensation	2.6%	4,197,000	4,091,000	3,772,000	3,450,000	3,462,000	3,517,000	2,885,000	2,593,000	2,910,000	3,528,000	2,705,000	1,158,000	2,927,000	3,065,000	2,879,000	2,713,000	2,829,000	3,115,000	2,432,000	1,851,000	-
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	-531,000	7,301,000	-	707,905,000
Dividend Payments	-1.4%	21,796,000	22,106,000	22,578,000	18,978,000	19,044,000	2,000	37,174,000	28,000	14,103,000	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	6,479,000	-	6,483,000	59,371,000	9,722,000	-	-	-	-

MGY Income Statement

2023-09-30

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 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 expenses	35,893	34,709	115,060	96,057
Gathering, transportation and processing	10,297	19,297	33,419	51,518
Taxes other than income	14,823	26,623	49,331	74,917
Exploration expenses	5,128	1,173	5,139	10,119
Asset retirement obligations accretion	875	814	2,539	2,404
Depreciation, depletion and amortization	81,158	68,972	228,868	179,331
Impairment of oil and natural gas properties	0	0	15,735	0
General and administrative expenses	19,371	19,625	57,863	55,226
Total operating expenses	167,545	171,213	507,954	469,572
OPERATING INCOME	148,133	311,750	396,397	875,879
OTHER INCOME (EXPENSE)
Interest income (expense), net	1,034	(5,263)	372	(21,637)
Other income (expense), net	(479)	(166)	7,643	6,579
Total other income (expense), net	555	(5,429)	8,015	(15,058)
INCOME BEFORE INCOME TAXES	148,688	306,321	404,412	860,821
Income tax expense	31,211	19,358	75,663	65,333
NET INCOME	117,477	286,963	328,749	795,488
LESS: Net income attributable to noncontrolling interest	15,447	41,486	38,893	133,389
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)	187,093	188,635	189,408	186,475
Diluted (in shares)	187,265	189,074	189,612	186,967
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 revenues	27,069	100,124	75,687	242,049
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 receivable	186,763	170,770
Drilling advances	12	3,484
Other current assets	507	1,052
Total current assets	805,748	850,747
PROPERTY, PLANT AND EQUIPMENT
Oil and natural gas properties	3,278,221	2,940,011
Other	9,615	8,991
Accumulated depreciation, depletion and amortization	(1,605,380)	(1,415,973)
Total property, plant and equipment, net	1,682,456	1,533,029
OTHER ASSETS
Deferred financing costs, net	4,290	5,636
Deferred tax assets	118,628	162,792
Other long-term assets	41,371	20,381
Total other assets	164,289	188,809
TOTAL ASSETS	2,652,493	2,572,585
CURRENT LIABILITIES
Accounts payable	183,341	202,846
Other current liabilities (Note 6)	120,364	137,427
Total current liabilities	303,705	340,273
LONG-TERM LIABILITIES
Long-term debt, net	392,209	390,383
Asset retirement obligations, net of current	99,248	95,129
Other long-term liabilities	10,174	6,609
Total long-term liabilities	501,631	492,121
COMMITMENTS AND CONTINGENCIES (Note 8)
Additional paid-in capital	1,738,668	1,719,875
Treasury Stock, at cost, 28,833 shares and 21,684 shares in 2023 and 2022, respectively	(483,745)	(329,512)
Retained earnings	409,230	185,669
Noncontrolling interest	182,981	164,136
Total equity	1,847,157	1,740,191
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	2,652,493	2,572,585
Class A Common Stock
Common stock	21	21
Class B Common Stock
Common stock	$ 2	$ 2

About Magnolia Oil & Gas Corp

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	Mr. Christopher G. Stavros
WEBSITE	www.magnoliaoilgas.com
EMPLOYEES	213

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.

Market Summary

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MGY Stock Price

MGY RSI Chart

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MGY Valuation

MGY Price/Sales (Trailing)

MGY Profitability

MGY Fundamentals

MGY Revenue

MGY Earnings

Price Action

52 Week Range

How does MGY drawdown profile look like?

MGY Financial Health

MGY Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for MGY

Which funds bought or sold MGY recently?

Latest Funds Activity

Schedule 13G FIlings of Magnolia Oil & Gas Corp

Recent SEC filings of Magnolia Oil & Gas Corp

MGY Fair Value

Peers (Alternatives to Magnolia Oil & Gas Corp)

Magnolia Oil & Gas Corp News

Financials for Magnolia Oil & Gas Corp

Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Balance Sheet(In Millions)

Cashflow (Last 12 Months)(In Millions)

MGY Income Statement

MGY Balance Sheet

About Magnolia Oil & Gas Corp

Magnolia Oil & Gas Corp Frequently Asked Questions

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

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

What is the fair value of MGY stock?

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

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

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)