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How to buy Magnolia Oil & Gas stock (MGY)

Buy Magnolia Oil & Gas stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Magnolia Oil & Gas is an oil & gas e&p business based in the US. Magnolia Oil & Gas shares (MGY) are listed on the NYSE and all prices are listed in US Dollars. Magnolia Oil & Gas employs 247 staff and has a trailing 12-month revenue of around $1.2 billion.

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Magnolia Oil & Gas stock price (NYSE: MGY)

Use our graph to track the performance of MGY stocks over time.

Magnolia Oil & Gas shares at a glance

Information last updated 2024-07-21.
Latest market close$25.90
52-week range$18.94 - $27.62
50-day moving average $25.35
200-day moving average $23.38
Wall St. target price$29.07
PE ratio 13.4
Dividend yield $0.49 (1.83%)
Earnings per share (TTM) $2.00

Is it a good time to buy Magnolia Oil & Gas stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Magnolia Oil & Gas price performance over time

Historical closes compared with the close of $25.9 from 2024-07-23

1 week (2024-07-17) -4.50%
1 month (2024-06-24) 1.53%
3 months (2024-04-24) -0.80%
6 months (2024-01-24) 27.71%
1 year (2023-07-24) 20.52%
2 years (2022-07-22) 23.98%
3 years (2021-07-23) 90.11%
5 years (2019-07-24) 134.85%

Is Magnolia Oil & Gas stock undervalued or overvalued?

Valuing Magnolia Oil & Gas stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Magnolia Oil & Gas's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Magnolia Oil & Gas's P/E ratio

Magnolia Oil & Gas's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Magnolia Oil & Gas shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Magnolia Oil & Gas's EBITDA

Magnolia Oil & Gas's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $888.1 million.

The EBITDA is a measure of a Magnolia Oil & Gas's overall financial performance and is widely used to measure a its profitability.

Magnolia Oil & Gas financials

Revenue TTM $1.2 billion
Operating margin TTM 38.99%
Gross profit TTM $1.5 billion
Return on assets TTM 12.35%
Return on equity TTM 23.66%
Profit margin 30.46%
Book value $9.37
Market Capitalization $5.4 billion

TTM: trailing 12 months

Magnolia Oil & Gas share dividends

24%

Dividend payout ratio: 23.79% of net profits

Recently Magnolia Oil & Gas has paid out, on average, around 23.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Magnolia Oil & Gas shareholders could enjoy a 1.83% return on their shares, in the form of dividend payments. In Magnolia Oil & Gas's case, that would currently equate to about $0.49 per share.

While Magnolia Oil & Gas's payout ratio might seem low, this can signify that Magnolia Oil & Gas is investing more in its future growth.

Magnolia Oil & Gas's most recent dividend payout was on 2 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 9 May 2024 (the "ex-dividend date").

Magnolia Oil & Gas share price volatility

Over the last 12 months, Magnolia Oil & Gas's shares have ranged in value from as little as $18.9447 up to $27.62. A popular way to gauge a stock's volatility is its "beta".

MGY.US volatility(beta: 2.02)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Magnolia Oil & Gas's is 2.023. This would suggest that Magnolia Oil & Gas's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Magnolia Oil & Gas overview

Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings area in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. The company was incorporated in 2017 and is headquartered in Houston, Texas. .

Frequently asked questions

What percentage of Magnolia Oil & Gas is owned by insiders or institutions?
Currently 1.459% of Magnolia Oil & Gas shares are held by insiders and 122.481% by institutions.
How many people work for Magnolia Oil & Gas?
Latest data suggests 247 work at Magnolia Oil & Gas.
When does the fiscal year end for Magnolia Oil & Gas?
Magnolia Oil & Gas's fiscal year ends in December.
Where is Magnolia Oil & Gas based?
Magnolia Oil & Gas's address is: Nine Greenway Plaza, Houston, TX, United States, 77046
What is Magnolia Oil & Gas's ISIN number?
Magnolia Oil & Gas's international securities identification number is: US5596631094
What is Magnolia Oil & Gas's CUSIP number?
Magnolia Oil & Gas's Committee on Uniform Securities Identification Procedures number is: 872656103

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