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Magnolia Oil & Gas Corp (MGY)

US · Energy · Oil & Gas E&P

$25.68-1.61%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$478.8M
Revenue YoY
+50.1%
Net profit
$181.8M
Profit YoY
+132.7%
EPS
$0.99
EPS estimate
$0.90
Net margin
38.0%

EPS came in at 0.99 against a street estimate of 0.90 — a beat of 10.0%.

Key statistics

Market cap
$7.17B
P/E
12.5
Forward P/E
10.0
P/B
3.58
Book value
$11.81
EPS (TTM)
$2.09
Dividend yield
2.31%
52-week high
$32.33
52-week low
$20.67
50-day MA
$26.31
200-day MA
$26.67
Beta
0.70

Analyst view

Analysts rate Magnolia Oil & Gas Corp a buy (7 buy, 8 hold, 2 sell out of 17) with an average price target of $32.94.

From the latest earnings call · 2026-08-06

CONFIDENT Magnolia delivered Q2 earnings of $0.99/share with $235M free cash flow and 8% YoY production growth to 106.1K BOE/d. Announced $4.06B WildFire acquisition adding 53K BOE/d, funded with balanced equity/debt, closing late Q3. Q2 2026 All production and growth concentrated in South Texas with premium Gulf Coast pricing access. Analysts focused on post-close capital allocation (debt paydown priority), development strategy (balanced Eagle Ford/Chalk mix with Chalk uplift), and buyback timing. Management confirmed aggressive debt reduction while resuming share repurchases immediately post-announcement. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
0.74%
Institutions
89.68%

Largest institutional holders

FundStake
BlackRock Inc12.45%
Vanguard Portfolio Management, LLC5.48%
American Century Companies Inc4.65%
State Street Corp4.01%
Vanguard Capital Management, LLC3.03%
Dimensional Fund Advisors, Inc.3.00%
HHG PLC2.65%
Arrowstreet Capital Limited Partnership2.64%

Recent filings & reports

DocumentDate
Material agreement · Q3 2026
MAGNOLIA OIL & GAS CORPORATION – FORM 8-K SUMMARY HEADLINE NUMBERS • Total acquisition price: $3.17 billion comprised of $2.57 billion cash, 32.203
2026-09-14
Quarterly report · Q2 2026
MAGNOLIA OIL & GAS CORPORATION - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total revenues (6M 2026): $837.3 million, up 25.1% vs. $669.3 million (6M 2
2026-08-06
Material agreement · Q3 2026
MAGNOLIA OIL & GAS CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Company closed private offering of $500.0 million in senior notes on August 5,
2026-08-05
Results announced · Q3 2026
MAGNOLIA OIL & GAS CORPORATION - Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Net income: $181.8 million (Q2 2026) vs. $81.0 million (Q2 2025) — up 12
2026-08-05
Company announcement · Q3 2026
MAGNOLIA OIL & GAS CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Equity offering size: 46,315,790 shares of Class A common stock sold at $23.75
2026-07-23
Company announcement · Q3 2026
MAGNOLIA OIL & GAS CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Company issued $500 million in aggregate principal amount of 6.625% senior unse
2026-07-22
Quarterly report · Q1 2026
MAGNOLIA OIL & GAS CORPORATION – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Revenues (Q1 2026): $358.5 million vs. $350.3 million (Q1 2025) – up
2026-05-07
Proxy statement · Q2 2026
MAGNOLIA OIL & GAS CORP — 2026 PROXY SUMMARY --- WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect eight directors to the Board for one-year term
2026-03-24

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.18 / share
ex-date Aug 10, 2026 · pay Sep 1, 2026
2026-08-10
Dividend$0.17 / share
ex-date May 12, 2026 · pay Jun 1, 2026
2026-05-12
Dividend$0.17 / share
ex-date Feb 10, 2026 · pay Mar 2, 2026
2026-02-10
Dividend$0.15 / share
ex-date Nov 10, 2025 · pay Dec 1, 2025
2025-11-10

Deals & corporate news

AnnouncementDate
Issued $500M senior notes to fund WildFire Energy acquisition
Magnolia Oil & Gas successfully closed a $500 million debt offering on August 5, 2026. The company issued senior notes with a 6.625% interest rate, maturing in 2034. These are unsecured bond
2026-08-05
Equity offering to fund acquisition of WildFire Intermediate Holdings
Magnolia Oil & Gas Corporation completed a stock offering on July 22, 2026, issuing 46.3 million shares at $23.75 per share, plus an additional 6.9 million shares when underwriters fully exe
2026-07-23
Acquisition of WildFire Intermediate Holdings announced with equity and debt offerings
Magnolia Oil Gas Corporation announced two financing activities in July 2026. First, the company completed a public equity offering of approximately 53.3 million shares of Class A common sto
2026-07-22
Agreed to acquire WildFire Intermediate Holdings for $2.65B cash plus stock
Magnolia Oil & Gas agreed to acquire WildFire Intermediate Holdings for approximately $3.25 billion in total consideration. The deal structure includes $2.65 billion in cash, 32.2 million sh
2026-07-20
Acquisition of WildFire Intermediate Holdings LLC completed
Magnolia Oil Gas Corporation is filing updated financial documents related to its previously announced acquisition of WildFire Intermediate Holdings, LLC from WildFire Energy I LLC. The comp
2026-07-20

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Data updated 2026-09-18.