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.

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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.

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

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Magnolia may generate around $500 million in positive cash flow in 2021 at current strip prices. It initiated a conservative $0.08 per share semi-annual dividend that it can sustain at $40 WTI oil.

Magnolia Oil & Gas: Plenty Of Cash Flow For Dividends And Share Repurchases

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

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

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

Magnolia Oil & Gas Corp (MGY) Up 11.3% Since Last Earnings Report: Can It Continue?

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.

Surging Earnings Estimates Signal Upside for Magnolia Oil & Gas Corp (MGY) Stock

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Magnolia's (MGY) average realized natural gas price during the second quarter surges 142.9% year over year to $3.28 per thousand cubic feet.

Magnolia (MGY) Stock Faintly Moves Despite Q2 Earnings Beat

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Magnolia Oil & Gas Corporation (MGY) CEO Steve Chazen on Q2 2021 Results - Earnings Call Transcript

Magnolia Oil & Gas Corp (MGY) delivered earnings and revenue surprises of 51.35% and 9.29%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Magnolia Oil & Gas Corp (MGY) Q2 Earnings and Revenues Top Estimates

Shares of Magnolia Oil & Gas (NYSE:MGY) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 800.00% over the past year to $0.56, which beat the estimate of $0.36.

Magnolia Oil & Gas: Q2 Earnings Insights

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (“Magnolia,” “we,” “our,” or the “Company”) (NYSE: MGY) today announced its financial and operational results for the second quarter of 2021. Second Quarter 2021 Highlights: (In millions, except per share data) For the Quarter Ended June 30, 2021 Net income $ 116.2 Earnings per share - diluted   0.48 Adjusted net income(1)   135.0 Adjusted earnings per share(1)   0.56 Adjusted EBITDAX(1)   195.1 Capital expenditures - D&C   53.8 C

Magnolia Oil & Gas Corporation Announces Second Quarter 2021 Results

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces Its First Semi-Annual Interim Dividend Payment

Magnolia Oil & Gas Announces Its First Semi-Annual Interim Dividend Payment

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The company breezed through 2020 with really little damage to show for the challenges. Debt levels are extremely low.

Magnolia Oil & Gas: Lots Of Cash For A Little Activity

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