MGY is reportedly leading the race to acquire WildFire in a $4B-plus deal, marking a major shift in its growth strategy.
Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock?
Magnolia Oil & Gas Corp (MGY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 155 | $3,915.45 | $4,088.9 | $173.45 | 4.43% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 113,121 | $3.56M | $3M | -$560,876.81 | -15.74% |
| BG Bart Gancher Intech Investment Management LLC | 39,096 | $927,931.78 | $1.03M | $106,548.38 | 11.48% |
Point72 Asset Management LP Point72 Asset Management LP | 692,589 | $18.94M | $18.41M | -$534,921.53 | -2.82% |
| YA Yinka Akinsola Blue Trust Inc. | 718 | $16,863.86 | $19,080.85 | $2,216.99 | 13.15% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Christopher G. Stavros CEO | NYSE Exchange | 559663109 CUSIP |
| US Country | 262 Employees | 12 May 2026 Last Dividend | - Last Split | 5 May 2017 IPO Date |
Magnolia Oil & Gas Corporation is an independent company specializing in the oil and natural gas sector. It has a dedicated focus on the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves within the United States. The company boasts properties primarily situated in Karnes County and the Giddings area in South Texas, which are key areas for the Eagle Ford Shale and the Austin Chalk formation. Established in 2017, Magnolia Oil & Gas Corporation has positioned its headquarters in Houston, Texas, solidifying its presence in a leading city for the energy industry.
Engaging in the extraction and production of oil, Magnolia Oil & Gas Corporation implements advanced technological methods to efficiently access and produce oil reserves. Their operations primarily focus on areas rich in oil deposits, particularly within South Texas.
Magnolia Oil & Gas Corporation is involved in the extraction and production of natural gas. By tapping into natural gas reserves, the company supplies a crucial energy source to meet the increasing energy demands. Their activities are concentrated in regions known for significant natural gas deposits.
The company also specializes in the production of natural gas liquids (NGLs), which are valuable both as energy sources and as raw materials for the petrochemical industry. Through their development and production efforts, Magnolia Oil & Gas Corporation contributes vital components for various industrial processes.