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Magnolia Oil & Gas Corp (MGY) Stock Forecast & Price Prediction

Live MGY Stock Price & Analysis

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$23.72

+0.93 (4.08%)

12 Month Price Forecast For MGY

$23.72
Current Price
$4.62B
Market Cap
17 Ratings
Buy 6
Hold 9
Sell 2
Wall St Analyst Ratings

Distance to MGY Price Forecasts

+47.6%
To High Target of $35.00
+18.0%
To Median Target of $28.00
-7.3%
To Low Target of $22.00

MGY Price Momentum

0.0%
1 Week Change
-4.7%
1 Month Change
+14.5%
1 Year Change
+1.5%
Year-to-Date Change
-18.3%
From 52W High of $29.02
+18.2%
From 52W Low of $20.08

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 10:59 AM UTC

MGY Analyst Ratings & Price Targets

Based on our analysis of 20 Wall Street analysts, MGY has a neutral consensus with a median price target of $28.00 (ranging from $22.00 to $35.00). The overall analyst rating is Buy (6.8/10). Currently trading at $23.72, the median forecast implies a 18.0% upside. This outlook is supported by 6 Buy, 9 Hold, and 2 Sell ratings.

The most optimistic forecast comes from Neal Dingmann at Truist Securities, projecting a 47.6% upside. Conversely, the most conservative target is provided by Hanwen Chang at Wells Fargo, suggesting a 7.3% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MGY Analyst Consensus

6
Buy
9
Hold
2
Sell

MGY Price Target Range

Low
$22.00
Average
$28.00
High
$35.00
Current: $23.72

Latest MGY Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MGY.

Date Firm Analyst Rating Change Price Target
Jan 31, 2025 Goldman Sachs Umang Choudhary Neutral Downgrade $26.00
Jan 29, 2025 Piper Sandler Mark Lear Neutral Maintains $26.00
Jan 13, 2025 Truist Securities Neal Dingmann Buy Maintains $34.00
Jan 13, 2025 B of A Securities Noah Hungness Neutral Downgrade $28.00
Dec 17, 2024 Piper Sandler Mark Lear Neutral Maintains $24.00
Dec 16, 2024 Mizuho William Janela Neutral Maintains $28.00
Nov 1, 2024 Truist Securities Neal Dingmann Buy Maintains $33.00
Oct 15, 2024 Benchmark Subash Chandra Hold Reiterates $0.00
Oct 1, 2024 Wells Fargo Hanwen Chang Underweight Downgrade $22.00
Sep 30, 2024 Truist Securities Neal Dingmann Buy Maintains $31.00
Sep 16, 2024 Mizuho William Janela Neutral Maintains $27.00
Sep 12, 2024 JP Morgan Michael Glick Neutral Maintains $23.00
Sep 4, 2024 Susquehanna Biju Perincheril Positive Maintains $32.00
Aug 15, 2024 Piper Sandler Mark Lear Neutral Maintains $26.00
Aug 5, 2024 Wells Fargo Hanwen Chang Equal-Weight Maintains $26.00
Aug 2, 2024 Truist Securities Neal Dingmann Buy Maintains $35.00
Jul 23, 2024 B of A Securities Noah Hungness Buy Maintains $29.00
Jul 22, 2024 Truist Securities Neal Dingmann Buy Maintains $34.00
Jul 22, 2024 Susquehanna Biju Perincheril Positive Maintains $33.00
Jul 18, 2024 Benchmark Subash Chandra Hold Reiterates $0.00

Stocks Similar to Magnolia Oil & Gas Corp

The following stocks are similar to Magnolia Oil based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Magnolia Oil & Gas Corp (MGY) Financial Data

Magnolia Oil & Gas Corp has a market capitalization of $4.62B with a P/E ratio of 11.6x. The company generates $1.31B in trailing twelve-month revenue with a 28.9% profit margin.

Revenue growth is +5.5% quarter-over-quarter, while maintaining an operating margin of +38.7% and return on equity of +22.2%.

Valuation Metrics

Market Cap $4.62B
Enterprise Value $4.52B
P/E Ratio 11.6x
PEG Ratio 12.1x
Price/Sales 3.5x

Growth & Margins

Revenue Growth (YoY) +5.5%
Gross Margin +51.2%
Operating Margin +38.7%
Net Margin +28.9%
EPS Growth -2.2%

Financial Health

Cash/Price Ratio +6.1%
Current Ratio 1.5x
Debt/Equity 20.1x
ROE +22.2%
ROA +12.0%

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Magnolia Oil & Gas Corp (MGY) Company Overview

About Magnolia Oil & Gas Corp

What They Do

Independent oil and natural gas production company.

Business Model

The company acquires, develops, explores, and produces oil and natural gas reserves, primarily in the Eagle Ford Shale and Austin Chalk formations in South Texas. It generates revenue through the sale of oil, natural gas, and natural gas liquids.

Additional Information

Founded in 2017 and headquartered in Houston, Texas, Magnolia Oil & Gas Corporation focuses on optimizing its production capabilities and expanding its resource base within its core areas.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

247

CEO

Mr. Christopher G. Stavros

Country

United States

IPO Year

2014

Magnolia Oil & Gas Corp (MGY) Latest News & Analysis

MGY stock latest news image
Quick Summary

Recent dividend increases have been announced by energy companies CVX, IMO, NOG, and MGY, indicating a positive trend in payouts despite market volatility.

Why It Matters

Rising dividends in the energy sector indicate financial strength and investor confidence, potentially attracting more capital and boosting stock prices for companies like CVX, IMO, NOG, and MGY.

Source: Zacks Investment Research
Market Sentiment: Positive
MGY stock latest news image
Quick Summary

Magnolia Oil & Gas has announced a 15% increase in its dividend.

Why It Matters

A 15% dividend increase signals strong financial health and profitability for Magnolia Oil & Gas, potentially attracting investors seeking income and boosting stock prices.

Source: Business Wire
Market Sentiment: Neutral
MGY stock latest news image
Quick Summary

Investors should monitor Magnolia Oil & Gas (MGY) stock due to recent activity in the options market.

Why It Matters

Increased activity in the options market for Magnolia Oil & Gas (MGY) may indicate upcoming volatility or significant investor interest, impacting stock performance and potential returns.

Source: Zacks Investment Research
Market Sentiment: Neutral
MGY stock latest news image
Quick Summary

Magnolia Oil & Gas Corporation has appointed R. Lewis Ropp to its Board of Directors.

Why It Matters

The appointment of R. Lewis Ropp could signal strategic changes or new initiatives at Magnolia Oil & Gas, potentially impacting company performance and stock value.

Source: Business Wire
Market Sentiment: Neutral
MGY stock latest news image
Quick Summary

Magnolia Oil & Gas has scheduled a conference call to discuss its fourth quarter and full year 2024 results.

Why It Matters

The scheduled conference call may provide insights into Magnolia Oil & Gas's financial performance and future outlook, influencing investor sentiment and stock price.

Source: Business Wire
Market Sentiment: Neutral
MGY stock latest news image
Quick Summary

Magnolia's Q3 2024 production met expectations, with oil output slightly exceeding forecasts. The company projects low-double digits growth for 2024 and has $250 million in cash, with no credit facility debt.

Why It Matters

Magnolia's stable production and growth forecast, along with strong cash reserves and no debt, enhance financial stability and growth potential, positively impacting investor confidence.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About MGY Stock

What is Magnolia Oil & Gas Corp's (MGY) stock forecast for 2025?

Based on our analysis of 20 Wall Street analysts, Magnolia Oil & Gas Corp (MGY) has a median price target of $28.00. The highest price target is $35.00 and the lowest is $22.00.

Is MGY stock a good investment in 2025?

According to current analyst ratings, MGY has 6 Buy ratings, 9 Hold ratings, and 2 Sell ratings. The stock is currently trading at $23.72. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for MGY stock?

Wall Street analysts predict MGY stock could reach $28.00 in the next 12 months. This represents a 18.0% increase from the current price of $23.72. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Magnolia Oil & Gas Corp's business model?

The company acquires, develops, explores, and produces oil and natural gas reserves, primarily in the Eagle Ford Shale and Austin Chalk formations in South Texas. It generates revenue through the sale of oil, natural gas, and natural gas liquids.

What is the highest forecasted price for MGY Magnolia Oil & Gas Corp?

The highest price target for MGY is $35.00 from Neal Dingmann at Truist Securities, which represents a 47.6% increase from the current price of $23.72.

What is the lowest forecasted price for MGY Magnolia Oil & Gas Corp?

The lowest price target for MGY is $22.00 from Hanwen Chang at Wells Fargo, which represents a -7.3% decrease from the current price of $23.72.

What is the overall MGY consensus from analysts for Magnolia Oil & Gas Corp?

The overall analyst consensus for MGY is neutral. Out of 20 Wall Street analysts, 6 rate it as Buy, 9 as Hold, and 2 as Sell, with a median price target of $28.00.

How accurate are MGY stock price projections?

Stock price projections, including those for Magnolia Oil & Gas Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.