Magnolia Oil & Gas Corporation(MGY) Stock Research - Grey Stern Research
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Magnolia Oil & Gas Corporation (MGY) Stock Analysis

$25.94 (-1.26%)

MGY Financial Performance


Use the table below to view Magnolia Oil & Gas Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $25.94 -
52 Week Low $19.53 -
52 Week High $29.02 -
Market Cap $5.0 Billion 8/12
Gross Margin 6% 11/12
Profit Margin 30% 3/12
EBITDA margin 50% 5/12
Q3 - 2024 Revenue $333.1 Million 10/12
Q3 - 2024 Earnings $99.8 Million 9/12
Q3 - 2024 Free Cash Flow $103.2 Million 9/12
Trailing 4 Quarters Revenue $1.3 Billion 10/12
Trailing 4 Quarters Earnings $377.7 Million 10/12
Quarterly Earnings Growth -2% 5/12
Annual Earnings Growth 0% 9/12
Quarterly Revenue Growth 6% 6/12
Annual Revenue Growth 13% 5/12
Cash On Hand $276.1 Million 4/12
Short Term Debt $0 7/12
Long Term Debt $394.8 Million 11/12

Magnolia Oil & Gas Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Magnolia Oil & Gas Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 13.12 3/12
PS 3.78 3/12
PB 2.32 3/12
PC 17.95 11/12
Liabilities to Equity 0.32 12/12
ROA 0.13 2/12
ROE 0.18 5/12
Current Ratio 4.16 1/12
Quick Ratio 0.41 2/12
Long Term Debt to Equity 0.18 11/12
Debt to Equity 0.18 11/12
Burn Rate -3.29 10/12
Cash to Cap 0.06 2/12
CCR 1.03 5/12
EV to EBITDA 30.30 4/12
EV to Revenue 3.87 4/12

Company Details

Magnolia Oil & Gas Corporation 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 Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.

CEO: Mr. Stephen Chazen

Website: https://www.magnoliaoilgas.com

Address: 9 Greenway Plz Ste 1300 Houston, TEXAS

Exchange: New York Stock Exchange

Industry: Oil & Gas E&P

Magnolia Oil & Gas Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Magnolia Oil & Gas Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Marathon Oil Corporation MRO $16.0 Billion
Hess Corporation HES $44.9 Billion
SM Energy Company SM $4.8 Billion
Callon Petroleum Company CPE $2.4 Billion
Range Resources Corporation RRC $9.9 Billion
Matador Resources Company MTDR $7.9 Billion
PDC Energy, Inc. PDCE $6.4 Billion
Comstock Resources, Inc. CRK $6.2 Billion
Earthstone Energy, Inc. ESTE $3.0 Billion
SilverBow Resources, Inc. SBOW $940.4 Million
Civitas Resources, Inc. CIVI $5.0 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
MGY Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 333.1 Million $99.8 Million
Q2 2024 $ 336.7 Million $94.4 Million
Q1 2024 $ 319.4 Million $85.1 Million
Q4 2023 $ 322.6 Million $98.4 Million
Q3 2023 $ 315.7 Million $102.0 Million
Q2 2023 $ 280.3 Million $91.5 Million
Q1 2023 $ 308.4 Million $96.3 Million
Q4 2022 $ 349.0 Million $231.7 Million

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MGY Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $276.1 Million $2.8 Billion $394.8 Million $2.2 Billion
Q2 2024 $275.7 Million $2.8 Billion $394.1 Million $1.9 Billion
Q1 2024 $399.3 Million $2.8 Billion $393.5 Million $1.9 Billion
Q4 2023 $401.1 Million $2.8 Billion $392.8 Million $2.1 Billion
Q3 2023 $618.5 Million $2.7 Billion $392.2 Million $1.8 Billion
Q2 2023 $676.6 Million $2.6 Billion $391.6 Million $1.6 Billion
Q1 2023 $667.3 Million $2.6 Billion $391.0 Million $1.6 Billion
Q4 2022 $675.4 Million $2.6 Billion $390.4 Million $1.6 Billion

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MGY Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $103.2 Million -$114.7 Million $456,000
Q2 2024 -$3.5 Million -$272.8 Million -$123.6 Million
Q1 2024 $96.8 Million -$114.1 Million -$1.8 Million
Q4 2023 $167.2 Million -$79.7 Million -$217.3 Million
Q3 2023 $58.1 Million -$129.2 Million -$58.1 Million
Q2 2023 $90.6 Million -$111.2 Million $9.3 Million
Q1 2023 $81.2 Million -$138.6 Million -$8.2 Million
Q4 2022 $126.4 Million -$141.6 Million -$14.1 Million

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