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 & Gas Corp (MGY) delivered earnings and revenue surprises of 10.81% and 1.75%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Magnolia Oil & Gas Corp (MGY) Tops Q4 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces 2021 Fourth Quarter and Year-End Results

Magnolia Oil & Gas Corporation Announces 2021 Fourth Quarter and Year-End Results

The share repurchase program continues during the industry recovery. Production growth has resumed.

Magnolia Oil & Gas: Doing It Their Way

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Increases Share Repurchase Authorization

Magnolia Oil & Gas Increases Share Repurchase Authorization

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces Final 2021 Dividend Payment

Magnolia Oil & Gas Announces Final 2021 Dividend Payment

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Magnolia Oil & Gas Corp (MGY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Magnolia Oil & Gas Corp (MGY) Keep the Earnings Surprise Streak Alive?

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Fourth Quarter and Full Year 2021 Results

Magnolia Oil & Gas Schedules Conference Call for Fourth Quarter and Full Year 2021 Results

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Magnolia may generate close to $500 million in positive cash flow in 2022 at $65 WTI oil. It also had $245 million in cash on hand at the end of Q3 2021.

Magnolia Oil & Gas: Share Repurchases May Not Add Value At Current Share Price

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

Magnolia Oil & Gas Corp (MGY) Down 8.2% Since Last Earnings Report: Can It Rebound?

Here is how Magnolia Oil & Gas Corp (MGY) and Northern Oil and Gas (NOG) have performed compared to their sector so far this year.

Is Magnolia Oil & Gas Corp (MGY) Stock Outpacing Its Oils-Energy Peers This Year?

Magnolia's (MGY) average realized natural gas price during the third quarter surges 137.3% year over year to $3.75 per thousand cubic feet.

Magnolia (MGY) Declines 8.5% Despite Beating on Q3 Earnings

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Magnolia Oil & Gas Corp (MGY) delivered earnings and revenue surprises of 11.67% and 2.43%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Magnolia Oil & Gas Corp (MGY) Q3 Earnings and Revenues Top Estimates

HOUSTON--(BUSINESS WIRE)--Q3 Earnings Release

Magnolia Oil & Gas Corporation Announces Third Quarter 2021 Results

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Magnolia Oil & Gas Corp (MGY) closed the most recent trading day at $21.38, moving +0.19% from the previous trading session.

Magnolia Oil & Gas Corp (MGY) Gains But Lags Market: What You Should Know

Magnolia Oil & Gas (MGY) beat the Zacks Consensus Estimate in each of the last four quarters, delivering an earnings surprise of 39.27%, on average.

Magnolia (MGY) Q3 Earnings Preview: Here's What to Expect

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News for Magnolia Oil & Gas Corp Stock (MGY)