Magnolia Oil & Gas (NYSE:MGY – Get Free Report)‘s stock had its “neutral” rating reaffirmed by equities researchers at Roth Mkm in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $32.00 price objective on the stock, up from their prior price objective of $29.00. Roth Mkm’s price objective points to a potential upside of 0.33% from the company’s current price.
Other equities analysts also recently issued research reports about the company. Benchmark reaffirmed a “hold” rating on shares of Magnolia Oil & Gas in a research report on Wednesday, January 21st. Citigroup upped their target price on Magnolia Oil & Gas from $29.00 to $35.00 and gave the company a “neutral” rating in a research report on Tuesday, March 31st. Siebert Williams Shank downgraded Magnolia Oil & Gas from a “buy” rating to a “hold” rating in a research report on Friday, March 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Magnolia Oil & Gas in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group upped their target price on Magnolia Oil & Gas from $23.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $30.67.
Check Out Our Latest Report on MGY
Magnolia Oil & Gas Price Performance
Magnolia Oil & Gas (NYSE:MGY – Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.01. The firm had revenue of $317.63 million for the quarter, compared to analyst estimates of $322.18 million. Magnolia Oil & Gas had a return on equity of 16.67% and a net margin of 24.79%.The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 earnings per share. On average, analysts anticipate that Magnolia Oil & Gas will post 2.1 earnings per share for the current year.
Insider Buying and Selling at Magnolia Oil & Gas
In related news, Director Edward P. Djerejian sold 18,000 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $28.98, for a total transaction of $521,640.00. Following the sale, the director owned 110,425 shares of the company’s stock, valued at $3,200,116.50. This represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Christopher G. Stavros sold 119,954 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $29.29, for a total value of $3,513,452.66. Following the sale, the chief executive officer directly owned 883,592 shares in the company, valued at $25,880,409.68. This represents a 11.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 338,954 shares of company stock valued at $9,911,733 over the last ninety days. 0.93% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Magnolia Oil & Gas
Large investors have recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC grew its position in Magnolia Oil & Gas by 130.1% during the fourth quarter. Salomon & Ludwin LLC now owns 1,344 shares of the company’s stock worth $29,000 after buying an additional 760 shares in the last quarter. Mather Group LLC. acquired a new stake in Magnolia Oil & Gas during the third quarter worth approximately $31,000. EverSource Wealth Advisors LLC grew its position in Magnolia Oil & Gas by 165.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company’s stock worth $31,000 after buying an additional 864 shares in the last quarter. Torren Management LLC acquired a new stake in Magnolia Oil & Gas during the fourth quarter worth approximately $38,000. Finally, Parallel Advisors LLC grew its position in Magnolia Oil & Gas by 79.8% during the fourth quarter. Parallel Advisors LLC now owns 1,769 shares of the company’s stock worth $39,000 after buying an additional 785 shares in the last quarter. Institutional investors and hedge funds own 94.73% of the company’s stock.
Trending Headlines about Magnolia Oil & Gas
Here are the key news stories impacting Magnolia Oil & Gas this week:
- Positive Sentiment: KeyCorp sharply raised multi-quarter and full‑year EPS forecasts and reiterated an “Overweight” rating with a $38 price target — the firm bumped FY2026 and FY2027 estimates materially and lifted quarterly estimates across 2026–2027, implying stronger forward earnings and giving investors an earnings-driven reason to buy. KeyCorp estimate summary
- Positive Sentiment: Zacks added MGY to its Zacks Rank #1 (Strong Buy) list, increasing visibility to momentum and quant-driven investors who follow Zacks’ top picks. New Strong Buy Stocks for April 7th
- Neutral Sentiment: A Yahoo Finance piece outlines “2 reasons to like MGY and 1 to stay skeptical,” summarizing bullish points (e.g., cash flow/production outlook and capital return potential) while flagging downside exposure (commodity-price sensitivity or execution risk) — useful for investors weighing upside against cyclical risks. 2 Reasons to Like MGY and 1 to Stay Skeptical
- Neutral Sentiment: General company coverage (e.g., profile pages such as CNN’s MGY summary) increases informational visibility but doesn’t introduce fresh catalysts; useful for new investors researching the name. Magnolia Oil & Gas Corp. Class A (CNN)
Magnolia Oil & Gas Company Profile
Magnolia Oil & Gas Corp (NYSE: MGY) is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.
The company’s core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).
Further Reading
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