Magnolia Oil & Gas Corporation (MGY) Stock Price & Analysis
Magnolia Oil & Gas Corporation (MGY) closed at USD 25.27 on Thursday, October 22, 2026, down 0.63% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 25.43; the Oct 22, 2026 session ranged USD 24.88–25.79 on volume of 2,164,764 shares. Market capitalization is $6.94B, with a 52-week range of USD 21.07–32.76 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:07 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MGY.md
Key facts (MGY)
- Last four reported quarters (through Jun 30, 2026): revenue $1.48B, net income $426M (28.8% margin) (SEC filings).
- Valuation: P/E 16.3x (avg 11.6x at the last 3 fiscal year-ends), EV/EBITDA 6.9x, net debt $97.7M.
- Insider open-market purchases, last ~7 months: 4 Form 4 filings, $327K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.10 on a 1–5 scale) (20 analysts), mean target USD 33.12 (range 27–39).
- Total return with dividends: 1Y +9.7% vs S&P 500 +14.9%; 5Y +34.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.59, revenue estimate $477M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MGY)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.69B | $1.23B | $1.32B | $1.31B | $1.48B |
| Operating income | $603M | $1.07B | $534M | $512M | $439M | $563M |
| Net income | $417M | $894M | $388M | $366M | $325M | $426M |
| Operating margin | 55.9% | 63.4% | 43.6% | 38.9% | 33.5% | 38.0% |
| Net margin | 38.7% | 52.7% | 31.6% | 27.8% | 24.8% | 28.8% |
| Revenue growth | +99.2% | +57.1% | -27.6% | +7.2% | -0.3% | — |
| Cash + short-term investments | $367M | $675M | $401M | $260M | $267M | — |
| Total debt | $388M | $390M | $393M | $393M | $393M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MGY)
P/E 16.3x · P/S 4.7x · EV/EBITDA 6.9x · EV/Sales 4.8x · P/B 3.2x · Earnings yield 6.13% · Dividend yield (paid, TTM) 1.69% · Net debt $97.7M · EV $7.04B
P/E at fiscal year-ends: Dec 2025 12.5x, Dec 2024 11.9x, Dec 2023 10.3x.
Insider purchases (SEC Form 4, open-market, last ~7 months) (MGY)
4 purchases, $327K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-01 | Khani David M. | Director | 54 | $1K | 26.78 | Too little history (no open-market trades in 2023–2025) |
| 2026-08-07 | Ropp Ralph Lewis | Director | 5,000 | $123K | 24.63 | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-07 | Khani David M. | Director | 8,000 | $200K | 25 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-01 | Szabo Shandell | Director | 86 | $2K | 27.44 | Too little history (no open-market trades in 2023 or 2024) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MGY)
Consensus Buy (mean 2.10 on a 1–5 scale), 20 analysts; mean target USD 33.12 (low 27, high 39).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Scotiabank | Initiated | Sector Outperform | $31 |
| 2026-10-14 | Wells Fargo | Target lowered | Equal-Weight | $36 → $30 |
| 2026-10-02 | Truist Securities | Target raised | Buy | $34 → $35 |
| 2026-09-21 | Truist Securities | Target raised | Buy | $33 → $34 |
| 2026-09-08 | JP Morgan | Upgrade | Neutral → Overweight | $32 → $33 |
| 2026-09-03 | Seaport Global | Initiated | Neutral | |
| 2026-08-17 | Johnson Rice | Upgrade | Hold → Accumulate | $33 → $32 |
| 2026-08-13 | Wells Fargo | Target raised | Equal-Weight | $31 → $36 |
| 2026-08-11 | Citigroup | Target lowered | Neutral | $29 → $27 |
| 2026-08-11 | Susquehanna | Target raised | Positive | $36 → $37 |
| 2026-07-28 | Truist Securities | Upgrade | Hold → Buy | $32 → $33 |
| 2026-07-24 | Roth Capital | Target lowered | Buy | $30 → $29 |
Total return (dividends reinvested) (MGY)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +9.7% | +34.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +9.7% | +6.0% |
| Volatility (annualized) | 33.5% | 38.7% |
| Max drawdown | -27.3% (Mar 2026→Jul 2026) | -33.8% (Jun 2022→Sep 2022) |
MGY revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Oil revenues | $373.8M | 78.1% | +65.1% |
| Natural gas liquids revenues | $65.4M | 13.7% | +31.3% |
| Natural gas revenues | $39.7M | 8.3% | -7.4% |
| Total revenue | $478.8M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MGY customer concentration
In the period ended Dec 31, 2025, 2 direct customers each accounted for at least 10% (41%, 20%) of revenue, per the company's 10-K filed Feb 12, 2026. The company does not name them.
MGY company outlook (results filed Oct 1, 2026)
- “Estimated production for the third quarter 2026 is expected to be 116 to 118 Mboe/d (~42% oil) after factoring in the closing of WildFire and the impact of divested non-core properties.”
- “D&C capital spending is expected to be in the range of $155 to $165 million during the third quarter reflecting the same considerations.”
- “Production for the fourth quarter of 2026 (the first full quarter pro forma for the acquisition) is expected to be 159 to 161 Mboe/d (49% to 50% oil), reflecting the divested volumes.”
- “Additional Financial and Operational Considerations Magnolia has provided updated guidance for the fourth quarter of 2026 (the first full quarter pro forma for the acquisition) for several financial and operating metrics in the table below.”
Quoted word-for-word from the SEC 8-K results press release.
MGY analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.59 | $0.58 | +2.3% | $477.0M | 17 |
| Next quarter (ends Dec 2026) | $0.85 | $0.92 | -6.8% | $745.0M | 17 |
| Current fiscal year (ends Dec 2026) | $3.00 | $3.00 | +0.1% | $2.06B | 17 |
| Next fiscal year (ends Dec 2027) | $3.15 | $3.56 | -11.5% | $2.77B | 18 |
Key Statistics (as of October 23, 2026 at 10:07 UTC)
| Price | USD 25.27 |
|---|---|
| Change | ▼ 0.63% (down) |
| Previous Close | USD 25.43 |
| Open | USD 25.72 |
| Day Range | USD 24.88 – 25.79 |
| 52-Week Range | USD 21.07 – 32.76 |
| Volume | 2,164,764 shares |
| Market Cap | $6.94B |
| Exchange | NYQ |
Technical Analysis (MGY)
Nexqual's technical model rates MGY "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 10:07 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 50.73 (neutral) |
| vs SMA50 | Below (USD 25.79) |
| MACD | -0.03 (negative) |
Analyst Ratings (MGY)
Wall Street analysts rate MGY "Buy" based on 20 analysts, with a mean price target of USD 33.12 (range USD 27–39), per Nexqual as of October 23, 2026 at 10:07 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 20 |
| Mean Target | USD 33.12 |
| High Target | USD 39 |
| Low Target | USD 27 |
| Buy / Hold / Sell | 15 / 5 / 0 |
Earnings (MGY)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.59 |
| Revenue Estimate | $477.05M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.99 vs est 0.93 ▲ beat |
| 2026-03-31 | USD 0.54 vs est 0.52 ▲ beat |
| 2025-12-31 | USD 0.38 vs est 0.36 ▲ beat |
| 2025-09-30 | USD 0.42 vs est 0.42 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:07 UTC.
Financials & Fundamentals (MGY)
| Total Revenue | $1.48B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +50.10% |
| Gross Margin | +82.22% |
| Operating Margin | +50.69% |
| Profit Margin | +28.77% |
| ROE | +20.85% |
| Debt / Equity | 0.19 |
| Current Ratio | 1.58 |
| Total Cash | $295.94M |
| Total Debt | $413.13M |
Source: Nexqual, October 23, 2026 at 10:07 UTC.
Financial Health Score (MGY)
Nexqual rates Magnolia Oil & Gas Corporation's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:07 UTC.
| Growth | Weak — Revenue -0% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 82%, operating 51% (last 12 months) |
| Balance Sheet | Strong — $296M cash and investments vs $394M debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $879M (FY ended Dec 2025, 10-K) |
| Efficiency | Strong — ROE 21%, ROA 11.8% |
Ownership (MGY)
| Insider Ownership | +14.34% |
|---|---|
| Institutional Ownership | +91.09% |
| Shares Outstanding | 269.17M |
| Float | 202.96M |
| Short % of Float | +11.95% |
Source: Nexqual, October 23, 2026 at 10:07 UTC.
Leadership (MGY)
Magnolia Oil & Gas Corporation is led by Christopher G. Stavros, President, CEO & Chairman, per Nexqual as of October 23, 2026 at 10:07 UTC.
| President, CEO & Chairman | Christopher G. Stavros |
|---|---|
| Senior VP, CFO and Principal Accounting & Financial Officer | Brian Michael Corales |
| Vice President of Finance, IR & Treasurer | Jim Johnson |
Major Backers & Investors (MGY)
Notable institutional backers of Magnolia Oil & Gas Corporation include American Century Companies Inc, Jupiter Topco LLC, Arrowstreet Capital, Limited Partnership, according to Nexqual as of October 23, 2026 at 10:07 UTC.
Active Investors
| Investor | Stake |
|---|---|
| American Century Companies Inc | 4.11% |
| Jupiter Topco LLC | 2.4% |
| Arrowstreet Capital, Limited Partnership | 2.04% |
| T. Rowe Price | 1.93% |
| JANUS INVESTMENT FUND-Janus Henderson Triton Fund | 0.97% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 11.93% |
| Vanguard Group | 8.58% |
| State Street | 3.71% |
| Dimensional Fund Advisors | 2.66% |
| Geode Capital | 1.79% |
Source: Nexqual, October 23, 2026 at 10:07 UTC.
Legal & Regulatory Risks from Magnolia Oil & Gas Corporation's Latest 10-K (filed 2026-02-12)
- Magnolia's operations are subject to environmental and occupational health and safety laws and regulations that may expose the Company to significant costs and liabilities.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MTDR | Matador Resources Company | USD 56.79 | ▼ 1.66% |
| VIST | Vista Energy S.A.B. de C.V. | USD 70.61 | ▼ 1.16% |
| MUR | Murphy Oil Corporation | USD 42.37 | ▼ 1.37% |
| CHRD | Chord Energy Corporation | USD 150.48 | ▼ 0.25% |
| CNX | CNX Resources Corporation | USD 35.73 | ▲ 1.62% |
| SM | SM Energy Company | USD 38.42 | ▼ 0.49% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:07 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt