Stock events for Magnolia Oil & Gas Corp. (MGY)
Over the past six months, Magnolia Oil & Gas stock has experienced a decrease of 6.26%. In the third quarter of 2025, Magnolia Oil & Gas reported adjusted earnings per share of $0.40, missing forecasts by 4.76%, but surpassed revenue expectations, generating $324.93 million. Following this mixed earnings report, the stock price dipped by 0.65%. BMO Capital initiated coverage on MGY with an "Outperform" rating and a price target of $27.00, while Mizuho upgraded Magnolia Oil & Gas stock from "Neutral" to "Outperform," setting a price target of $29.00. The stock also broke above its 200-day moving average in December 2025.
Demand Seasonality affecting Magnolia Oil & Gas Corp.’s stock price
Demand for Magnolia Oil & Gas's products is subject to seasonal fluctuations. Winter months see a surge in demand for heating oil and natural gas, while summer typically brings a rise in gasoline demand. These seasonal shifts can lead to temporary imbalances in supply and demand, influencing prices.
Overview of Magnolia Oil & Gas Corp.’s business
Magnolia Oil & Gas Corporation is an independent oil and natural gas company focused on the acquisition, development, exploration, and production of oil, natural gas, and NGL reserves in the United States. The company operates within the Energy sector, emphasizing disciplined capital allocation, operational excellence, and generating returns for shareholders through efficient development of its hydrocarbon assets.
MGY’s Geographic footprint
Magnolia Oil & Gas's operations are concentrated in South Texas, primarily within the Eagle Ford Shale and Austin Chalk formations, specifically in Karnes County and the Giddings area. The company holds a substantial leasehold position in these resource-rich basins, with approximately 72,503 gross (50,681 net) acres in the Karnes area and 717,216 gross (525,823 net) acres in the Giddings area.
MGY Corporate Image Assessment
In the past year, Magnolia Oil & Gas's brand reputation has a news sentiment score of 0.27, which is lower than the average news sentiment score of 0.67 for companies in the Energy sector. Positive analyst initiations and upgrades from firms like BMO Capital and Mizuho contribute positively to its professional reputation within the investment community.
Ownership
Magnolia Oil & Gas Corporation's ownership is predominantly held by institutional investors, including BlackRock, Inc., The Vanguard Group, Inc., American Century Investment Management Inc., State Street Global Advisors, Inc., and T. Rowe Price Group, Inc. John B. Walker is the largest individual shareholder, holding a significant percentage of the company's stock.
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$22.84