MGY Overview

Magnolia Oil & Gas Corporation is an oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. The Company’s oil and natural gas properties are located primarily in the Karnes and Giddings areas in South Texas. Its assets consist of a total leasehold position of approximately 817,907 gross (604,057 net) acres, including 79,067 gross (54,936 net) acres in the Karnes area and 738,840 gross (549,121 net) acres in the Giddings area. The Giddings area is comprised of oil and natural gas assets primarily located in Brazos, Burleson, Fayette, Grimes, Lee, Milam, Robertson, and Washington Counties, Texas. The Karnes area is comprised of oil and natural gas assets primarily located in Karnes, Dimmit, Gonzales, and Zavala Counties, Texas, in the core of the Eagle Ford Shale. The acreage comprising the Karnes area also includes the Austin Chalk formation overlying the Eagle Ford Shale.

Wall Street analysts forecast MGY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGY is26.44 USD with a low forecast of 21.00 USD and a high forecast of 31.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Magnolia Oil & Gas Corp revenue for the last quarter amounts to 317.63M USD, decreased -2.75

Magnolia Oil & Gas Corp. EPS for the last quarter amounts to 0.37 USD, decreased -15.91

Magnolia Oil & Gas Corp (MGY) has 262 emplpoyees as of March 25 2026.

Today MGY has the market capitalization of 5.83B USD.