Keybanc analyst upgraded Magnolia Oil & Gas to Overweight with a $29 price target, citing strong balance sheet, disciplined strategy, and positive outlook for oil markets in 2026.
Magnolia Oil & Gas Corporation Class A Common Stock (MGY)
Common Stock · Currency in USD · XNYS
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area of South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations. It focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its capital spending philosophy. The company operates in only one segment and derives the majority of its revenue from the sale of crude oil, natural gas, and natural gas liquids (NGLs).
Company Info
SIC1311
Composite FIGIBBG00GNC8DL2
CIK0001698990
IPOJun 26, 2017
Sectorcrude petroleum & natural gas
Highlights
Market Cap$5.76B
EPS—
P/E Ratio—
Revenue—
Gross Profit—
Net Income—
Employees262
WSO185,655,934
Phone713-842-9050
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Magnolia Oil & Gas Corporation Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Magnolia Oil & Gas Corporation Class A Common Stock (MGY) has returned 41.74% so far this year and 52.16% over the past 12 months. Looking at the last ten years, MGY has achieved an annualized return of 9.52%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
MGY
1M7.03%
6M30.09%
YTD41.74%
1Y52.16%
5Y21.28%
10Y9.52%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Magnolia Oil & Gas Corporation Class A Common Stock (MGY) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 16.48% | 12.59% | 9.16% | 0.94% | ||||||||
| 2025 | -0.25% | -2.38% | 7.49% | -18.34% | 2.77% | 1.72% | 6.29% | 4.23% | -2.81% | -5.55% | 3.81% | -5.11% |
| 2024 | -3.73% | 9.14% | 13.32% | -4.06% | 3.84% | -2.54% | 6.61% | -7.08% | -2.20% | 6.08% | 8.11% | -15.93% |
| 2023 | 1.59% | -6.78% | 0.78% | -8.41% | -6.62% | 7.84% | 6.29% | 3.83% | -0.99% | -1.84% | -4.27% | -0.84% |
| 2022 | 13.60% | 4.49% | 3.96% | -1.48% | 20.94% | -25.33% | 13.45% | 1.27% | -14.87% | 23.46% | 0.69% | -11.51% |
| 2021 | 17.48% | 39.58% | -8.16% | -3.26% | 12.15% | 18.41% | -13.74% | 11.28% | 13.10% | 17.37% | -10.31% | -3.72% |
| 2020 | -17.10% | -28.68% | -47.16% | 63.38% | -10.19% | 9.58% | -1.64% | 7.15% | -19.60% | -14.57% | 42.05% | 9.29% |
| 2019 | 9.55% | 2.41% | -3.23% | 7.94% | -16.50% | 4.14% | -4.93% | -6.93% | 11.45% | -12.24% | 9.37% | 14.89% |
| 2018 | 10.88% | 6.68% | -17.06% | -3.18% | -9.74% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Magnolia Oil & Gas Corporation Class A Common Stock (MGY) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of MGY compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Magnolia Oil & Gas Corporation Class A Common Stock volatility is 1.57%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 2.90B | 2.76B | 2.57B | 1.75B | 1.45B | 3.47B | 3.43B |
| Equity Attributable To Parent (USD) | 1.94B | 1.69B | 1.58B | 816.76M | 548.16M | 1.78B | 1.68B |
| Equity Attributable To Noncontrolling Interest (USD) | 59.22M | 191.00M | 164.14M | 228.49M | 291.26M | 952.48M | 1.03B |
| Equity (USD) | 2.00B | 1.88B | 1.74B | 1.05B | 839.42M | 2.73B | 2.71B |
| Other Non-current Liabilities (USD) | 222.64M | 165.82M | 101.74M | 94.86M | 93.93M | 172.83M | 139.57M |
| Long-term Debt (USD) | 393.25M | 392.84M | 390.38M | 388.09M | 391.12M | 389.84M | 388.64M |
| Noncurrent Liabilities (USD) | 615.89M | 558.66M | 492.12M | 482.95M | 485.05M | 562.67M | 528.21M |
| Other Current Liabilities (USD) | 86.32M | 121.68M | 137.43M | 90.64M | 66.32M | 95.78M | - |
| Wages (USD) | 24.14M | - | - | - | - | - | - |
| Accounts Payable (USD) | 177.57M | 193.21M | 202.85M | 127.91M | 62.63M | 79.43M | - |
| Current Liabilities (USD) | 288.03M | 314.89M | 340.27M | 218.55M | 128.95M | 175.21M | 197.36M |
| Liabilities (USD) | 903.92M | 873.55M | 832.39M | 701.49M | 614.00M | 737.88M | 725.57M |
| Noncurrent Assets (USD) | 2.46B | 2.16B | 1.72B | 1.23B | 1.17B | 3.17B | 3.14B |
| Current Assets (USD) | 442.44M | 591.27M | 850.75M | 518.79M | 281.53M | 293.22M | 292.36M |
| Assets (USD) | 2.90B | 2.76B | 2.57B | 1.75B | 1.45B | 3.47B | 3.43B |
News and Insights
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
In the preceding three months, 8 analysts have released ratings for Magnolia Oil & Gas (NYSE:MGY), presenting a wide array of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 4 0 1 Last 30D 1 0 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 1 2 0 1 3M Ago 1 0 1 0 0 Analysts have recently evaluated Magnolia Oil & Gas and provided 12-month price targets. The average target is $28.25, accompanied by a high estimate of $35.00 and a low estimate of $22.00. This current average has increased by 9.96% from the previous average price target of $25.69. Investigating Analyst Ratings: An Elaborate Study The perception of Magnolia Oil & Gas by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Neal Dingmann Truist Securities Raises Buy $35.00 $33.00 William Janela Mizuho Raises Neutral $28.00 $26.00 Biju Perincheril Susquehanna Raises Positive $31.00 $28.00 Mark Lear Piper Sandler Maintains Neutral $29.00 $29.00 Hanwen Chang Wells Fargo Raises Equal-Weight $27.00 $23.00 Paul Diamond Citigroup Raises Sell $22.00 $18.00 Umang Choudhary Goldman Sachs Raises Buy $28.00 $24.50 William Janela Mizuho Raises Neutral $26.00 $24.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Magnolia Oil & Gas. This information offers a snapshot of how analysts perceive the current state of ...Full story available on Benzinga.com
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
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