MGY Stock Price, Magnolia Oil & Gas Corp Quote, Chart

Market Summary

USD25.87+0.07

Market Closed

0.27%

MGY Stock Price

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MGY RSI Chart

MGY Valuation

Market Cap

4.7B

Price/Earnings (Trailing)

12.51

Price/Sales (Trailing)

3.81

EV/EBITDA

5.3

Price/Free Cashflow

5.57

MGY Price/Sales (Trailing)

MGY Profitability

EBT Margin

43.74%

Return on Equity

19.87%

Return on Assets

13.43%

Free Cashflow Yield

17.95%

MGY Fundamentals

MGY Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

3.58%

Rev. Growth (Qtr)

-1%

MGY Earnings

Earnings (TTM)

377.1M

Earnings Growth (Yr)

-11.68%

Earnings Growth (Qtr)

-13.57%

Breaking Down MGY Revenue

Last 7 days

5.2%

Last 30 days

-2.8%

Last 90 days

26.3%

Trailing 12 Months

32.8%

How does MGY drawdown profile look like?

MGY Financial Health

Current Ratio

1.71

Debt/Equity

0.21

Debt/Cashflow

2.15

MGY Investor Care

Dividend Yield

1.78%

Dividend/Share (TTM)

0.46

Buy Backs (1Y)

4.91%

Diluted EPS (TTM)

2.05

Historical Charts for Stock Metrics

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Net sales

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

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Magnolia Oil & Gas Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	corales brian	sold (taxes)	-251,827	23.00	-10,949	svp & chief financial officer
Mar 01, 2024	yang timothy d.	sold (taxes)	-1,014,090	23.00	-44,091	evp - general counsel & sec
Mar 01, 2024	acosta arcilia	acquired	-	-	65.00	-
Mar 01, 2024	millican steve	sold (taxes)	-669,208	23.00	-29,096	svp - operations
Mar 01, 2024	stavros christopher g	sold (taxes)	-1,726,040	23.00	-75,045	ceo & director
Mar 01, 2024	busch angela m	acquired	-	-	298	-
Feb 13, 2024	millican steve	acquired	-	-	28,055	svp - operations
Feb 13, 2024	stavros christopher g	acquired	-	-	147,856	ceo & director
Feb 13, 2024	corales brian	acquired	-	-	61,606	svp & chief financial officer
Feb 13, 2024	yang timothy d.	acquired	-	-	43,124	evp - general counsel & sec

Which funds bought or sold MGY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	SEI INVESTMENTS CO	reduced	-14.12	853,127	19,069,300	0.03%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	reduced	-30.12	-302,022	1,735,070	0.04%
May 07, 2024	Arizona State Retirement System	reduced	-3.09	192,524	1,254,920	0.01%
May 07, 2024	Swiss National Bank	reduced	-1.22	1,527,800	9,017,620	0.01%
May 07, 2024	ClariVest Asset Management LLC	sold off	-100	-614,301	-	-%
May 07, 2024	ANCHOR CAPITAL ADVISORS LLC	added	3.35	515,696	2,501,610	0.07%
May 07, 2024	Empowered Funds, LLC	added	92.61	1,015,030	1,768,180	0.02%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-9.78	77,224	851,861	0.01%
May 07, 2024	HEARTLAND ADVISORS INC	new	-	7,785,000	7,785,000	0.41%
May 07, 2024	TimesSquare Capital Management, LLC	reduced	-23.9	-1,365,000	17,470,000	0.25%

Are Funds Buying or Selling MGY?

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

Unveiling Magnolia Oil & Gas Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	vanguard group inc	11.38%	20,757,369	SC 13G/A
Apr 05, 2024	blackrock inc.	16.9%	30,807,447	SC 13G/A
Feb 14, 2024	t. rowe price investment management, inc.	5.2%	9,681,180	SC 13G
Feb 14, 2024	alliancebernstein l.p.	3.4%	6,224,824	SC 13G/A
Feb 13, 2024	vanguard group inc	9.61%	17,801,055	SC 13G/A
Jan 10, 2024	first trust portfolios lp	5.83%	10,793,189	SC 13G
Jan 08, 2024	blackrock inc.	10.1%	18,704,510	SC 13G/A
Feb 14, 2023	alliancebernstein l.p.	5.6%	10,574,207	SC 13G
Feb 14, 2023	t. rowe price investment management, inc.	8.4%	15,720,703	SC 13G
Feb 09, 2023	fmr llc	-	0	SC 13G/A

Recent SEC filings of Magnolia Oil & Gas Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 05, 2024	SC 13G/A	Major Ownership Report
Mar 21, 2024	ARS	ARS
Mar 21, 2024	DEF 14A	DEF 14A
Mar 21, 2024	DEFA14A	DEFA14A
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading

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	458.0B	341.1B	-3.65%	6.42%	13.96	1.34	-16.75%	-46.83%
CVX	300.2B	198.9B	0.78%	2.14%	14.79	1.51	-18.05%	-43.28%
OXY	56.4B	27.7B	-7.39%	7.95%	13.06	2.04	-22.75%	-55.41%
MRO	15.2B	6.6B	-8.51%	17.82%	10.61	2.3	-15.57%	-47.38%
CHK	11.6B	6.4B	-2.01%	13.18%	10.97	1.8	-54.63%	-85.10%
MID-CAP
RRC	9.0B	2.2B	3.10%	44.71%	18.61	4.08	-62.59%	-77.29%
HP	3.8B	2.7B	-11.14%	20.77%	10.75	1.38	2.93%	8.77%
CNX	3.6B	2.5B	-2.36%	51.35%	3.55	1.42	-6.59%	-31.79%
KOS	2.8B	1.7B	1.69%	-5.21%	12.77	1.64	-15.13%	-28.06%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	283.6M	304.0M	2.58%	1.42%	9.27	0.93	-28.78%	-93.34%
AMTX	176.4M	186.7M	-21.14%	114.51%	-3.8	0.94	-27.21%	56.92%
BATL	93.1M	220.8M	-14.63%	-12.52%	-30.56	0.42	-38.52%	-116.44%
AE	71.6M	2.8B	-6.97%	-25.60%	41.81	0.03	-15.01%	137.22%
BRN	28.7M	23.9M	12.16%	5.54%	-10.57	1.2	-21.86%	-149.09%

Magnolia Oil & Gas Corp News

Latest updates

Magnolia Oil & Gas Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
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*	-	-	-	-	-	-
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*	-	-	-	-	-	-
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*	-	-	-	-	-	-
Free Cashflow	-14.6%	211	247	187	202	220	268	411	379	239	261	222	188	118	79.00	65.00	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
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 (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
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	-	-

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MGY Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUES
Total revenues	$ 1,226,979	$ 1,694,493	$ 1,078,351
OPERATING EXPENSES
Lease operating expenses	155,491	131,513	93,021
Gathering, transportation, and processing	44,327	64,754	45,535
Taxes other than income	65,565	94,031	55,834
Exploration expenses	5,445	11,586	4,125
Asset retirement obligations accretion	4,039	3,245	4,929
Depreciation, depletion and amortization	324,790	243,152	187,688
Impairment of oil and natural gas properties	15,735	0	0
Amortization of intangible assets	0	0	9,346
General and administrative expenses	77,102	72,426	75,279
Total operating expenses	692,494	620,707	475,757
OPERATING INCOME	534,485	1,073,786	602,594
OTHER INCOME (EXPENSE)
Interest expense, net	(33)	(23,442)	(31,002)
Loss on derivatives, net	0	0	(3,110)
Other income, net	15,360	6,543	85
Total other income (expense), net	15,327	(16,899)	(34,027)
INCOME BEFORE INCOME TAXES	549,812	1,056,887	568,567
Income tax expense	107,208	6,638	8,851
NET INCOME	442,604	1,050,249	559,716
LESS: Net income attributable to noncontrolling interest	54,303	156,412	142,434
Net income attributable to Class A Common Stock	$ 388,301	$ 893,837	$ 417,282
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
Basic (in shares)	188,174	187,433	174,364
Diluted (in shares)	188,355	187,901	175,360
Class A Common Stock
NET INCOME PER SHARE OF CLASS A COMMON STOCK
Basic (in dollars per share)	$ 2.04	$ 4.73	$ 2.38
Diluted (in dollars per share)	$ 2.04	$ 4.71	$ 2.36
Oil revenues
REVENUES
Total revenues	$ 958,388	$ 1,158,006	$ 747,896
Natural gas revenues
REVENUES
Total revenues	102,054	301,494	172,648
Natural gas liquids revenues
REVENUES
Total revenues	$ 166,537	$ 234,993	$ 157,807

MGY Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 401,121	$ 675,441
Accounts receivable	189,705	170,770
Drilling advances	12	3,484
Other current assets	435	1,052
Total current assets	591,273	850,747
PROPERTY, PLANT AND EQUIPMENT
Oil and natural gas properties	3,743,580	2,940,011
Other	9,774	8,991
Accumulated depreciation, depletion and amortization	(1,701,333)	(1,415,973)
Total property, plant and equipment, net	2,052,021	1,533,029
OTHER ASSETS
Deferred financing costs, net	3,836	5,636
Deferred tax assets	90,358	162,792
Other long-term assets	18,728	20,381
Total other assets	112,922	188,809
TOTAL ASSETS	2,756,216	2,572,585
CURRENT LIABILITIES
Accounts payable	193,212	202,846
Other current liabilities (Note 6)	121,675	137,427
Total current liabilities	314,887	340,273
LONG-TERM LIABILITIES
Long-term debt, net	392,839	390,383
Asset retirement obligations, net of current	148,467	95,129
Other long-term liabilities	17,355	6,609
Total long-term liabilities	558,661	492,121
COMMITMENTS AND CONTINGENCIES (Note 10)
Additional paid-in capital	1,743,930	1,719,875
Treasury Stock, at cost, 31,333 shares and 21,684 shares in 2023 and 2022, respectively	(538,445)	(329,512)
Retained earnings	486,162	185,669
Noncontrolling interest	190,998	164,136
Total equity	1,882,668	1,740,191
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	2,756,216	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	magnoliaoilgas.com
INDUSTRY	Oil - E&P
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 May 08 2024, market cap of Magnolia Oil & Gas Corp is 4.87 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 for subscribers.

What is the fair value of MGY stock?

You can check MGY's fair value in chart for subscribers. 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 May 08 2024, MGY's PE ratio (Price to Earnings) is 12.54 and Price to Sales (PS) ratio is 3.97. 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.