Magnolia Oil & Gas(MGY)

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Why Magnolia Oil & Gas Corp (MGY) is a Top Value Stock for the Long-Term
ZACKS· 2024-06-05 14:46
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Why Magnolia Oil & Gas Corp (MGY) is a Top Momentum Stock for the Long-Term
zacks.com· 2024-05-29 14:56
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 3 ...
Magnolia (MGY) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
Zacks Investment Research· 2024-05-10 13:06
Magnolia Oil & Gas Corporation (MGY) reported first-quarter 2024 adjusted net income of 49 cents per share, which beat the Zacks Consensus Estimate of 44 cents. The outperformance can be primarily attributed to a healthy increase in production volumes and higher oil prices year over year. However, the bottom line deteriorated from the year-ago quarter’s level of 56 cents due to higher year-over-year operating expenses.Total revenues came in at $319.4 million, which beat the Zacks Consensus Estimate of $308 ...
Magnolia Oil & Gas(MGY) - 2024 Q1 - Earnings Call Transcript
2024-05-08 20:56
Magnolia Oil & Gas Corporation (NYSE:MGY) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Tom Fitter - IR Chris Stavros - President and CEO Brian Corales - SVP and CFO Conference Call Participants Neal Dingmann - Truist Leo Mariani - ROTH MKM Charles Meade - Johnson Rice Oliver Huang - Tudor Pickering Holton Company Zach Parham - JPMorgan Noah Hungness - Bank of America Ati Modak - Goldman Sachs Hanwen Chang - Wells Fargo Sean Mitchell - Daniel Energy Partners Paul Diamond - Ci ...
Magnolia Oil & Gas(MGY) - 2024 Q1 - Quarterly Report
2024-05-08 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 001-38083 Magnolia Oil & Gas Corporation (Exact Name of Registrant as Specified in its Charter) Delaware 81-5 ...
Magnolia Oil & Gas Corp (MGY) Q1 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-05-07 22:56
Magnolia Oil & Gas Corp (MGY) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.36%. A quarter ago, it was expected that this company would post earnings of $0.54 per share when it actually produced earnings of $0.50, delivering a surprise of -7.41%.Over the last four quarters, the c ...
Magnolia Oil & Gas(MGY) - 2024 Q1 - Quarterly Results
2024-05-07 20:00
Exhibit 99.1 "A key objective of Magnolia's business plan and strategy is to utilize some of the excess cash generated by the business to pursue attractive bolt-on oil and gas property acquisitions. Properties are targeted not to simply replace the oil and gas that has already been produced but importantly, to improve the future opportunity set of our overall business and enhance the sustainability of our high returns. The latest example is an acquisition from a private operator that we closed at the end of ...
Magnolia Oil & Gas(MGY) - 2023 Q4 - Earnings Call Transcript
2024-02-15 22:53
Magnolia Oil & Gas Corporation (NYSE:MGY) Q4 2023 Earnings Call Transcript February 15, 2024 11:00 AM ET Company Participants Tom Fitter - IR Chris Stavros - President and CEO Brian Corales - SVP and CFO Conference Call Participants Neal Dingmann - Truist Leo Mariani - MKM Partners Charles Meade - Johnson Rice Oliver Huang - TPH & Co. Ati Modak - Goldman Sachs Nicholas Pope - Seaport Research Geoff Jay - Daniel Energy Partners Zach Parham - JPMorgan Tim Rezvan - KeyBanc Capital Markets Paul Diamond - Citi O ...
Magnolia Oil & Gas(MGY) - 2023 Q4 - Annual Report
2024-02-15 21:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2023 OR Nine Greenway Plaza, Suite 1300 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 001-38083 Magnolia Oil & Gas Corporation (Exact Name of Registrant as Specified in its Ch ...
Magnolia Oil & Gas(MGY) - 2023 Q4 - Earnings Call Presentation
2024-02-15 20:56
(1) Source: FactSet (2021 – 2023E) as of 2/9/2024. Return on capital employed (ROCE) is EBIT divided by total assets minus current liabilities. Peers include: APA, AR, CHRD, CIVI, COP, CTRA, DVN, EOG, EQT, FANG, HES, MRO, MTDR, MUR, OVV, OXY, PR, PXD, RRC, SM and SWN. ❑ Focus on cost reductions in 2023 and ongoing share repurchases has had a tangible beneficial impact on corporate returns Net Debt / EBITDA (2023E) (1) Magnolia has one of the best balance sheets in the industry -0.1 0.0 Strong Operating Marg ...