Magnolia Oil & Gas (MGY)

• Market cap: $4.53B
• 1 day: -2.28%
• 5 days: 3.49%
• 1 month: -8.49%
• 3 months: -14.84%
• 6 months: -2.59%
• Year to date: 1.86%
• 1 year: 9.57%
• 5 years: 180.51%
• 10 years: 140.40%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

About: Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The Company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.

Employees: 252

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

356% more call options, than puts

Call options by funds: $3.7M | Put options by funds: $811K

50% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]

45% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 33

15% more repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 131

2% more funds holding

Funds holding: 363 [Q3] → 371 (+8) [Q4]

3.59% less ownership

Funds ownership: 118.47% [Q3] → 114.87% (-3.59%) [Q4]

6% less capital invested

Capital invested by funds: $5.44B [Q3] → $5.13B (-$309M) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $26 8% upside
• Avg. target: $28 18% upside
• High target: $34 41% upside

5 analyst ratings

• positive: 1 20%
• neutral: 4 80%
• negative: 0 0%

Goldman Sachs Umang Choudhary 40% 1-year accuracy 2 / 5 met price target	8% upside $26	Neutral Downgraded	31 Jan 2025
Piper Sandler Mark Lear 47% 1-year accuracy 82 / 174 met price target	8% upside $26	Neutral Maintained	29 Jan 2025
Truist Securities Neal Dingmann 41% 1-year accuracy 63 / 153 met price target	41% upside $34	Buy Maintained	13 Jan 2025
B of A Securities Noah Hungness 42% 1-year accuracy 5 / 12 met price target	16% upside $28	Neutral Downgraded	13 Jan 2025
Mizuho William Janela 36% 1-year accuracy 9 / 25 met price target	16% upside $28	Neutral Maintained	16 Dec 2024