Magnolia Oil & Gas Corp

Magnolia Oil & Gas Corp. engages in oil and gas exploration and production business. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on July 31, 2018 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Magnolia Oil & Gas Corp reports record 2022 results and plans for steady growth

Magnolia Oil & Gas Corp delivered a record year in 2022 with strong financial performance, high production, and enhanced shareholder value through share repurchases and dividend growth. The company's focus on cost management and operational efficiency led to a 63% pre-tax operating margin.
Despite challenges in predicting short-term results and balancing capital allocation, Magnolia remains well-positioned with significant cash reserves, expansion plans, and a commitment to steady dividend growth. Opportunities lie in expanding development programs, potential acquisitions, and maintaining financial prudence for long-term success.

Magnolia Oil & Gas Corp (MGY) reports strong Q1 results and focuses on financial strength and shareholder value

Magnolia Oil & Gas Corp (MGY) delivered a robust performance in Q1 2023, marked by production growth, free cash flow, and prudent cost management. The company's emphasis on financial strength, shareholder value, and operational efficiency positions it well for future growth. Addressing challenges and capitalizing on opportunities will be key for sustained success.

Magnolia Oil & Gas Corp reports robust Q2 earnings performance

Magnolia Oil & Gas Corp delivered strong financial performance in Q2 2023, driven by production growth, cost-saving initiatives, and shareholder-focused strategies, despite analyst concerns about transparency and valuation.
The company's emphasis on efficiency, capital discipline, and strategic acquisitions positions it well for future growth opportunities and value creation, with a commitment to enhancing shareholder returns and operational excellence.
Navigating challenges related to market dynamics, inflation, and investor sentiment will be crucial for Magnolia to sustain its growth trajectory, capitalize on opportunities, and address areas for improvement to drive long-term success.

Magnolia Oil & Gas Corp reports record production and strong financials

Magnolia Oil & Gas Corp's Q3 2023 performance reflects strong operational results, robust financial management, and a strategic focus on shareholder value. Despite challenges in service costs and steel price uncertainties, the company remains optimistic about future prospects, driven by acquisitions and operational enhancements.

Magnolia Oil & Gas Corp reports robust Q4 performance and growth outlook

Magnolia Oil & Gas Corp delivered a strong performance in Q4 2023, showcasing operational excellence and financial resilience.
The company's strategic focus on efficiency, cost discipline, and shareholder value creation positions it well for sustainable growth.
Despite facing challenges in maintaining production growth, Magnolia's robust balance sheet, operational strengths, and growth opportunities bode well for its future success.

Magnolia Oil & Gas Corp excels in Q1 2024, eyes growth through efficiency and acquisitions

Magnolia Oil & Gas Corp delivered strong Q1 results with robust production growth, efficient cost management, and strategic acquisitions, positioning the company for sustained performance and value creation.
The focus on operational excellence, cash flow generation, and shareholder returns underscores management's commitment to driving long-term growth and maximizing asset potential.
While challenges exist in cost reduction targets and refrac work decisions, Magnolia Oil & Gas Corp's strategic initiatives and focus on high-margin assets offer opportunities for continued growth and value enhancement.
By balancing operational efficiencies, capital allocation, and growth strategies, the company aims to optimize resource utilization, drive profitability, and enhance shareholder value in a competitive market environment.

Magnolia Oil & Gas Corp (MGY) reports robust Q2 performance

Magnolia Oil & Gas Corp (MGY) delivered a strong Q2 performance with production growth, financial stability, and strategic acquisitions driving positive results.
While facing challenges in a volatile market environment, Magnolia's operational efficiency and financial resilience position it well for future growth and profitability.
By capitalizing on opportunities for expansion, innovation, and sustainability, Magnolia can navigate challenges and drive value for shareholders in the energy sector.

Magnolia Oil & Gas Corp reports strong Q3 performance and growth opportunities

Magnolia Oil & Gas Corp demonstrated operational strength and efficiency in Q3 despite challenges from midstream facility outages.
The company's financial position remains robust with strong cash reserves and operational growth in key areas like the Giddings region.
Opportunities for further growth and investment exist through additional drilling, capital spending, and sustained production levels.

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Magnolia Oil & Gas Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on February 14, 2017 and is headquartered in Houston, TX.

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Second Quarter 2022 Results

Magnolia Oil & Gas Schedules Conference Call for Second Quarter 2022 Results

It is incredible... high-margin, growth-potent, under-followed energy stocks can still be found now that commodity prices sustain at high levels. In this article, I highlight Magnolia Oil & Gas and Pipestone Energy as such high-quality gems that can be had at a large margin of safety.

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Does Magnolia Oil & Gas Corp (MGY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Magnolia Oil & Gas Corp (MGY) is a Great Momentum Stock to Buy

Magnolia Oil & Gas Corp (MGY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Magnolia Oil & Gas Corp (MGY) Run Higher on Rising Earnings Estimates?

Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock?

Why Is Magnolia Oil & Gas Corp (MGY) Up 33.5% Since Last Earnings Report?

Magnolia Oil & Gas owns low-cost, high-margin Austin Chalk and Eagle Ford acreage in South Texas. Production from there enjoys advantageous sale price realization. The management has been delivering industry-leading profitability while maintaining a bulletproof balance sheet. It rewards shareholders through safe and growing dividends as well as stock repurchase.

Magnolia Oil & Gas: Invest For Its High Margins, Bulletproof Balance Sheet

Magnolia Oil & Gas Corp's (MGY) first-quarter earnings meet the consensus mark, while revenues beat estimates.

Magnolia (MGY) Q1 Earnings Meet Estimates, Revenues Beat

Magnolia Oil & Gas Corp (NYSE:MGY ) Q1 2022 Earnings Conference Call May 10, 2022 11:00 AM ET Company Participants Brian Corales - VP, IR Stephen Chazen - President, Chairman & CEO Christopher Stavros - CFO & EVP Conference Call Participants Neal Dingmann - Truist Securities Leo Mariani - KeyBanc Capital Markets Zachary Parham - JPMorgan Chase & Co. Umang Choudhary - Goldman Sachs Group Charles Meade - Johnson Rice & Company Operator Good day, and welcome to the Magnolia Oil & Gas First Quarter 2022 Earnings Release and Conference Call. [Operator Instructions].

Magnolia Oil & Gas Corp (MGY) CEO Stephen Chazen on Q1 2022 Results - Earnings Call Transcript

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Magnolia Oil & Gas Corp (MGY) delivered earnings and revenue surprises of 0% and 4.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnolia Oil & Gas Corp (MGY) Meets Q1 Earnings Estimates

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces First Quarter 2022 Results

Magnolia Oil & Gas Corporation Announces First Quarter 2022 Results

Magnolia Oil & Gas Corp (MGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Magnolia Oil & Gas Corp (MGY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Magnolia is projected to generate $957 million in positive cash flow in 2022 at current strip while growing production by high-single digits. At last report it remained unhedged, giving it full exposure to commodity prices.

Magnolia Oil & Gas: Positive Cash Flow May Approach $1 Billion At Current Strip

Magnolia Oil & Gas Corp (MGY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Magnolia Oil & Gas Corp (MGY) Soars to 52-Week High, Time to Cash Out?

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Changes Date of Conference Call for First Quarter 2022 Results

Magnolia Oil & Gas Changes Date of Conference Call for First Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for First Quarter 2022 Results

Magnolia Oil & Gas Schedules Conference Call for First Quarter 2022 Results

Magnolia Oil & Gas (MGY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Magnolia Oil & Gas (MGY) Stock Stands Out in a Strong Industry

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Magnolia Oil & Gas Corp (MGY) Up 12.4% Since Last Earnings Report: Can It Continue?

HOUSTON--(BUSINESS WIRE)--Pricing of EnerVest Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia

Pricing of EnerVest Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia

HOUSTON--(BUSINESS WIRE)--EnerVest Proposed Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia

EnerVest Proposed Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia; Magnolia Intention to Purchase 2,500,000 Shares of Class B Common Stock From EnerVest

G7 member countries continue to tighten sanctions against Russia over aggression toward Ukraine, which is pushing up commodity prices, especially oil. At the time of writing, Brent oil futures for May are up 4.5% at $118 a barrel, while West Texas Intermediate futures for April are trading at around $115 a barrel, up 4%.

News for Magnolia Oil & Gas Corp Stock (MGY)