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Magnolia Oil & Gas

MGY · NYSE

$25.46−$0.01 (−0.04%)TodayMarket closed ·
Prev close $25.47

About MGY

Magnolia Oil & Gas Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. The company is headquartered in Houston, Texas and currently employs 262 full-time employees. The company went IPO on 2017-06-26. The Company’s oil and natural gas properties are located primarily in the Karnes and Giddings areas in South Texas. Its assets consist of a total leasehold position of approximately 817,907 gross (604,057 net) acres, including 79,067 gross (54,936 net) acres in the Karnes area and 738,840 gross (549,121 net) acres in the Giddings area. The Giddings area is comprised of oil and natural gas assets primarily located in Brazos, Burleson, Fayette, Grimes, Lee, Milam, Robertson, and Washington Counties, Texas. The Karnes area is comprised 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.

Employees
262
Headquarters
Houston, Texas
Listed
Jun 26, 2017
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Website
magnoliaoilgas.com

MGY key statistics

Market cap
6.82B
Price-earnings ratio
11.16
Dividend yield
1.72%
Average volume
4.47M
Volume
2.07M
Open price
$25.85
High today
$25.85
Low today
$25.15
52 Week high
$32.76
52 Week low
$21.07

Magnolia Oil & Gas (MGY) at a glance

Magnolia Oil & Gas (MGY) last traded at $25.46, with a market cap of 6.82B, a price-to-earnings ratio of 11.16 and a dividend yield of 1.72%.

Today the stock has traded between $25.15 and $25.85. The current price is 1.2% above the day's low and 1.5% below its high.

Volume so far is 2.07M shares, below the average of 4.47M shares a day.

Over the past year Magnolia Oil & Gas has ranged from $21.07 to $32.76, and now sits 38% of the way up that range.

The average analyst price target is $33.60, 32.0% above the current price, from 19 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

63%of 19 analyst ratings say Buy
  • Buy63.2%
  • Hold36.8%
  • Sell0.0%
Price target · 19 analystsAvg $33.60
Low
$27.27
Now
$25.46
High
$39.90

MGY news

  • Press releaseBusiness Wire

    Magnolia Oil & Gas Provides Interim Financial and Operations Update After Closing the Acquisition of WildFire Energy

  • Press releaseBusiness Wire

    Magnolia Oil & Gas Completes Acquisition of WildFire Energy

  • Press releaseBusiness Wire

    Magnolia Oil & Gas Corporation Announces Second Quarter 2026 Results

  • Press releaseBusiness Wire

    Magnolia Oil & Gas Board Declares Previously Announced 9 Percent Dividend Increase

  • Press releaseBusiness Wire

    Magnolia Oil & Gas Operating LLC Announces Pricing of Offering of $500 Million Senior Notes

  • Press releaseBusiness Wire

    Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $500 Million Senior Notes

  • Press releasePRNewswire

    Warburg Pincus and Kayne Anderson to Sell WildFire Energy to Magnolia Oil & Gas for $4.06 Billion

  • Stjepan Kalinic

    Magnolia Oil & Gas to Acquire WildFire Energy, Stock Sinks

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.