1 week Ago By ABMN Staff
Magnolia Oil & Gas ( NYSE:MGY – Get Free Report ) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect Magnolia Oil & Gas to post earnings of $0.54 per share and revenue of $337.
83 million for the quarter. Magnolia Oil & Gas ( NYSE:MGY – Get Free Report ) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.
49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.03.
Magnolia Oil & Gas had a net margin of 27.82% and a return on equity of 20.74%.
The company had revenue of $326.61 million for the quarter, compared to the consensus estimate of $327.40 million.
On average, analysts expect Magnolia Oil & Gas to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year. Magnolia Oil & Gas Trading Down 0.7 % Shares of Magnolia Oil & Gas stock opened at $21.
21 on Monday. Magnolia Oil & Gas has a 1 year low of $19.09 and a 1 year high of $29.
02. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.
47 and a current ratio of 1.42. The company has a market capitalization of $4.
12 billion, a P/E ratio of 10.99, a PEG ratio of 3.01 and a beta of 1.
57. The company’s fifty day moving average is $22.85 and its two-hundred day moving average is $24.
51. Magnolia Oil & Gas Increases Dividend Analyst Ratings Changes Several brokerages have issued reports on MGY. Bank of America reissued a “neutral” rating and set a $28.
00 price objective (down from $29.00) on shares of Magnolia Oil & Gas in a research report on Monday, January 13th. Piper Sandler lowered their price objective on shares of Magnolia Oil & Gas from $26.
00 to $25.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 22nd. Citigroup reduced their target price on shares of Magnolia Oil & Gas from $22.
00 to $19.00 and set a “sell” rating for the company in a research note on Tuesday, April 8th. JPMorgan Chase & Co.
reduced their target price on shares of Magnolia Oil & Gas from $28.00 to $24.00 and set a “neutral” rating for the company in a research note on Thursday, March 13th.
Finally, Johnson Rice cut shares of Magnolia Oil & Gas from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Magnolia Oil & Gas presently has an average rating of “Hold” and an average target price of $27.
21. Read Our Latest Research Report on MGY Insider Activity at Magnolia Oil & Gas In other Magnolia Oil & Gas news, CEO Christopher G. Stavros bought 2,500 shares of the business’s stock in a transaction on Monday, March 3rd.
The stock was bought at an average price of $22.05 per share, for a total transaction of $55,125.00.
Following the completion of the transaction, the chief executive officer now owns 892,372 shares in the company, valued at approximately $19,676,802.60. The trade was a 0.
28 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . Company insiders own 1.
20% of the company’s stock. About Magnolia Oil & Gas ( Get Free Report ) 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. Recommended Stories Receive News & Ratings for Magnolia Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magnolia Oil & Gas and related companies with MarketBeat.
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