Magnolia Oil & Gas Corp

Magnolia Oil & Gas Corp. engages in oil and gas exploration and production business. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on July 31, 2018 and is headquartered in Houston, TX.

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Magnolia Oil & Gas Corp reports record 2022 results and plans for steady growth

Magnolia Oil & Gas Corp delivered a record year in 2022 with strong financial performance, high production, and enhanced shareholder value through share repurchases and dividend growth. The company's focus on cost management and operational efficiency led to a 63% pre-tax operating margin.
Despite challenges in predicting short-term results and balancing capital allocation, Magnolia remains well-positioned with significant cash reserves, expansion plans, and a commitment to steady dividend growth. Opportunities lie in expanding development programs, potential acquisitions, and maintaining financial prudence for long-term success.

Magnolia Oil & Gas Corp (MGY) reports strong Q1 results and focuses on financial strength and shareholder value

Magnolia Oil & Gas Corp (MGY) delivered a robust performance in Q1 2023, marked by production growth, free cash flow, and prudent cost management. The company's emphasis on financial strength, shareholder value, and operational efficiency positions it well for future growth. Addressing challenges and capitalizing on opportunities will be key for sustained success.

Magnolia Oil & Gas Corp reports robust Q2 earnings performance

Magnolia Oil & Gas Corp delivered strong financial performance in Q2 2023, driven by production growth, cost-saving initiatives, and shareholder-focused strategies, despite analyst concerns about transparency and valuation.
The company's emphasis on efficiency, capital discipline, and strategic acquisitions positions it well for future growth opportunities and value creation, with a commitment to enhancing shareholder returns and operational excellence.
Navigating challenges related to market dynamics, inflation, and investor sentiment will be crucial for Magnolia to sustain its growth trajectory, capitalize on opportunities, and address areas for improvement to drive long-term success.

Magnolia Oil & Gas Corp reports record production and strong financials

Magnolia Oil & Gas Corp's Q3 2023 performance reflects strong operational results, robust financial management, and a strategic focus on shareholder value. Despite challenges in service costs and steel price uncertainties, the company remains optimistic about future prospects, driven by acquisitions and operational enhancements.

Magnolia Oil & Gas Corp reports robust Q4 performance and growth outlook

Magnolia Oil & Gas Corp delivered a strong performance in Q4 2023, showcasing operational excellence and financial resilience.
The company's strategic focus on efficiency, cost discipline, and shareholder value creation positions it well for sustainable growth.
Despite facing challenges in maintaining production growth, Magnolia's robust balance sheet, operational strengths, and growth opportunities bode well for its future success.

Magnolia Oil & Gas Corp excels in Q1 2024, eyes growth through efficiency and acquisitions

Magnolia Oil & Gas Corp delivered strong Q1 results with robust production growth, efficient cost management, and strategic acquisitions, positioning the company for sustained performance and value creation.
The focus on operational excellence, cash flow generation, and shareholder returns underscores management's commitment to driving long-term growth and maximizing asset potential.
While challenges exist in cost reduction targets and refrac work decisions, Magnolia Oil & Gas Corp's strategic initiatives and focus on high-margin assets offer opportunities for continued growth and value enhancement.
By balancing operational efficiencies, capital allocation, and growth strategies, the company aims to optimize resource utilization, drive profitability, and enhance shareholder value in a competitive market environment.

Magnolia Oil & Gas Corp (MGY) reports robust Q2 performance

Magnolia Oil & Gas Corp (MGY) delivered a strong Q2 performance with production growth, financial stability, and strategic acquisitions driving positive results.
While facing challenges in a volatile market environment, Magnolia's operational efficiency and financial resilience position it well for future growth and profitability.
By capitalizing on opportunities for expansion, innovation, and sustainability, Magnolia can navigate challenges and drive value for shareholders in the energy sector.

Magnolia Oil & Gas Corp reports strong Q3 performance and growth opportunities

Magnolia Oil & Gas Corp demonstrated operational strength and efficiency in Q3 despite challenges from midstream facility outages.
The company's financial position remains robust with strong cash reserves and operational growth in key areas like the Giddings region.
Opportunities for further growth and investment exist through additional drilling, capital spending, and sustained production levels.

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Magnolia Oil & Gas Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on February 14, 2017 and is headquartered in Houston, TX.

Magnolia Oil and Gas, a $5.4 billion market cap company that produces from fields in south and southeast Texas, pays a 1.9% dividend and is buying back shares. Although it could be a takeover candidate, Magnolia is ranked a hold because it's at the top of its 52-week range, pays a small dividend, and has non-trivial short interest. The company is well-operated and conservatively run, with relatively little debt and a focus on oil production.

Magnolia Oil And Gas Solid But High-Priced

MGY expects $125 million capital in drilling and completion in the fourth quarter of 2024, with an anticipated production of 93 Mboe/d.

Magnolia Oil & Gas' Q3 Earnings Lag Y/Y, Revenues Beat Estimates

Magnolia Oil & Gas Corporation (NYSE:MGY ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Tom Fitter - Investor Relations Chris Stavros - President & Chief Executive Officer Brian Corales - Senior Vice President & Chief Financial Officer Conference Call Participants Neal Dingmann - Truist Securities Phillips Johnston - Capital One Oliver Huang - Tudor, Pickering, Holt Noah Hungness - Bank of America Neil Mehta - Goldman Sachs Tim Rezvan - KeyBanc Capital Markets Sean Mitchell - Daniel Energy Partners Operator Good morning, everyone and thank you for participating in Magnolia Oil & Gas Corporation's Third Quarter 2024 Earnings Conference Call. My name is Cindy, and I will be your moderator for today's call.

Magnolia Oil & Gas Corporation (MGY) Q3 2024 Earnings Call Transcript

Magnolia Oil & Gas Corp (MGY) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.54 per share a year ago.

Magnolia Oil & Gas Corp (MGY) Beats Q3 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces Third Quarter 2024 Results.

Magnolia Oil & Gas Corporation Announces Third Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces Quarterly Dividend.

Magnolia Oil & Gas Announces Quarterly Dividend

Magnolia Oil & Gas Corp (MGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Magnolia Oil & Gas Corp (MGY) to Report a Decline in Earnings: What to Look Out for

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2024 Results.

Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2024 Results

Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock?

Why Is Magnolia Oil & Gas Corp (MGY) Up 1.1% Since Last Earnings Report?

Magnolia (MGY) plans to invest $120 million in drilling and completion in the third quarter of 2024, with an anticipated production of 91,000 barrels of oil equivalent per day.

Magnolia (MGY) Q2 Earnings Rise Y/Y, Revenues Lag Estimates

Magnolia Oil & Gas Corporation (NYSE:MGY ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Tom Fitter - IR Christopher Stavros - President and CEO Brian Corales - SVP and CFO Conference Call Participants Neal Dingmann - SunTrust Phillips Johnston - Capital One Zachary Parham - JPMorgan Carlos Escalante - Wolfe Research. Oliver Huang - Tudor Pickering Holton Company Noah Hungness - Bank of America Paul Diamond - Citi Operator Good morning, everyone, and thank you for participating in Magnolia Oil & Gas Corporation's Second Quarter 2024 Earnings Conference Call.

Magnolia Oil & Gas Corporation (MGY) Q2 2024 Earnings Call Transcript

Magnolia Oil & Gas Corp (MGY) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.44 per share a year ago.

Magnolia Oil & Gas Corp (MGY) Q2 Earnings Beat Estimates

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces Second Quarter 2024 Results.

Magnolia Oil & Gas Corporation Announces Second Quarter 2024 Results

Magnolia Oil & Gas Corp (MGY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Magnolia Oil & Gas Corp (MGY) Reports Next Week: Wall Street Expects Earnings Growth

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Second Quarter 2024 Results.

Magnolia Oil & Gas Schedules Conference Call for Second Quarter 2024 Results

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Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Value Stock

Here's Why Magnolia Oil & Gas Corp (MGY) is a Strong Momentum Stock

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Magnolia Oil & Gas Corporation (NYSE: MGY) concerning the Company and its directors' and officers' possible violations of state laws. If you own Magnolia Oil & Gas stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New.

Glancy Prongay & Murray LLP Announces Investigation of Magnolia Oil & Gas Corporation

Why Magnolia Oil & Gas Corp (MGY) is a Top Value Stock for the Long-Term

Magnolia Oil & Gas Corporation reported a solid quarter, with production in line and higher-than-expected oil cut. EBITDA and Free Cash Flow beat expectations due to strong commodity price realizations and disciplined spending. The balance sheet remains rock solid following a shareholder sale repurchase and another bolt on.

Magnolia Oil & Gas: Returns About To Shift Into High Gear

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Why Magnolia Oil & Gas Corp (MGY) is a Top Momentum Stock for the Long-Term

HOUSTON--(BUSINESS WIRE)--EnerVest Sale of 12,000,000 Shares of Class A Common Stock of Magnolia; Magnolia to Purchase 3,000,000 Shares of Class B Common Stock from EnerVest.

EnerVest Sale of 12,000,000 Shares of Class A Common Stock of Magnolia; Magnolia to Purchase 3,000,000 Shares of Class B Common Stock from EnerVest

Magnolia (MGY) expects D&C capital expenditures to be $120 million to $125 million for the second quarter of 2024 and between $450 million and $480 million for the entire year.

Magnolia (MGY) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Magnolia Oil & Gas Corporation (NYSE:MGY ) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Tom Fitter - IR Chris Stavros - President and CEO Brian Corales - SVP and CFO Conference Call Participants Neal Dingmann - Truist Leo Mariani - ROTH MKM Charles Meade - Johnson Rice Oliver Huang - Tudor Pickering Holton Company Zach Parham - JPMorgan Noah Hungness - Bank of America Ati Modak - Goldman Sachs Hanwen Chang - Wells Fargo Sean Mitchell - Daniel Energy Partners Paul Diamond - Citi Operator Good morning, everyone, and thank you for participating in Magnolia Oil & Gas Corporation's First Quarter 2024 Earnings Conference Call. My name is Megan, and I will be your moderator for today's call.

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