Magnolia Oil & Gas(MGY) ZACKS·2025-02-18 23:31Core Insights - Magnolia Oil & Gas Corp reported revenue of $326.61 million for Q4 2024, reflecting a year-over-year increase of 1.2% and an EPS of $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] Financial Performance Metrics - Average daily production totaled 93,096 BOE/D, slightly above the analyst estimate of 92,864.74 BOE/D [4] - Average sales prices for natural gas were $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% [4] - Revenues from natural gas liquids reached $51.72 million, exceeding the estimate of $45.50 million, representing an 18.3% year-over-year increase [4] - Oil revenues were reported at $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]