Magnolia Oil & Gas Corp (MGY) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Magnolia Oil & Gas Corp reported revenue of $326.61 million for Q4 2024, reflecting a year-over-year increase of 1.2$0.49, slightly down from $0.50 a year ago [1] - The revenue was a slight miss compared to the Zacks Consensus Estimate of$326.62 million, while the EPS exceeded the consensus estimate of $0.46 by 6.52$1.85, below the estimate of $1.91, while oil prices averaged$69.01, also below the estimate of $70.10 [4] - Total production was reported at 8,565 Mboe, marginally above the average estimate of 8,534.15 Mboe [4] Revenue Breakdown - Natural gas revenues were$28.41 million, below the estimate of $30.53 million, but showed a year-over-year increase of 7.7$51.72 million, exceeding the estimate of $45.50 million, representing an 18.3$246.48 million, falling short of the estimate of $257.52 million, indicating a 2.4% year-over-year decline [4] Stock Performance - Magnolia Oil & Gas Corp's shares have declined by 11.4% over the past month, contrasting with a 4.7% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]