We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Magnolia Oil & Gas to Post Q3 Earnings: What's in Store for the Stock?
Read MoreHide Full Article
Key Takeaways
Magnolia Oil & Gas will report Q3 2025 earnings on Oct. 29, with EPS estimated at 41 cents.
Q3 revenues are projected at $319.2M, down 4.2% year over year on lower realized oil prices.
Production growth and stronger natural gas prices may partially offset higher operating costs.
Magnolia Oil & Gas Corporation (MGY - Free Report) is set to report third-quarter 2025 earnings on Oct. 29. The Zacks Consensus Estimate for earnings is pegged at 41 cents per share and the same for revenues is pinned at $319.2 million.
Let us delve into the factors that might have influenced MGY’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter.
Highlights of MGY’s Q2 Earnings & Surprise History
In the last reported quarter, the Houston, TX-based oil and gas exploration and production company reported a net profit of 43 cents per share, which beat the Zacks Consensus Estimate of 40 cents. This was primarily driven by a healthy increase in production volumes, supported by strong well productivity in the company’s Giddings asset. The company’s total revenues were $319 million, which surpassed the Zacks Consensus Estimate of $314 million. MGY’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 6.5%. This is depicted in the graph below:
The Zacks Consensus Estimate for third-quarter 2025 earnings has witnessed an upward movement of 2.5% in the past seven days. The estimated figure indicates a 21.2% year-over-year decrease. Additionally, the Zacks Consensus Estimate for revenues indicates a decline of 4.2% from the year-ago period’s level.
Factors to Consider Ahead of MGY’s Q3 Release
Magnolia Oil & Gas generates revenues by acquiring land or leases with oil and natural gas reserves, primarily in South Texas. The firm explores these properties, drills wells to extract the oil and gas, and sells the resources to other energy companies. By focusing on areas such as the Eagle Ford Shale and Austin Chalk, MGY profits from the difference between the costs of drilling and production and the income from selling the extracted oil and gas.
MGY's total revenues are expected to have suffered in the quarter to be reported. The Zacks Consensus Estimate predicts third-quarter revenues to decrease from the year-ago quarter’s $333.1 million. Per our model, while total production volumes are expected to have increased year over year, the total realized price is likely to have declined in the forthcoming quarter. This decrease in the average sales prices may affect the company’s profitability. On the cost side, we expect MGY’s gathering, transportation and processing expenses to reach $16.2 million in the third quarter, which is 51.4% up from the year-ago quarter’s level of $10.7 million.
On a positive note, our model predicts that the company’s production volumes will get boosted in the third quarter, along with an increase in the average realized price of natural gas liquids and natural gas, which may create a positive trajectory for the company.
What Does Our Model Predict for MGY?
The proven Zacks model does not conclusively predict an earnings beat for Magnolia Oil & Gas this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the case here.
Earnings ESP of MGY: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is +2.06%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
MGY’s Zacks Rank: MGY currently carries a Zacks Rank #4 (Sell).
Stocks With the Favorable Combination
Here are some firms from the energy space that you may want to consider, as these have the right combination of elements to post an earnings beat this reporting cycle.
TTE is scheduled to release earnings on Oct. 30. Notably, TotalEnergies’ earnings missed the Zacks Consensus Estimate in three of the trailing four quarters and beat the remaining one, delivering a negative average surprise of 3.4%. Valued at around $146 billion, TTE’s shares have lost 4% in a year.
Cenovus Energy Inc. (CVE - Free Report) has an Earnings ESP of +1.27% and sports a Zacks Rank #1 at present. CVE is slated to release earnings on Oct. 31.
The Zacks Consensus Estimate for CVE’s 2025 earnings indicates 10.7% year-over-year growth.Valued at around $30 billion, CVE’s shares have fallen 1.1% in a year.
Imperial Oil Limited (IMO - Free Report) has an Earnings ESP of +12.12% and a Zacks Rank #3 at present. It is scheduled to release earnings on Oct. 31.
Imperial’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 14.9%. Valued at around $42.4 billion, IMO’s shares have gained 15% in a year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Magnolia Oil & Gas to Post Q3 Earnings: What's in Store for the Stock?
Key Takeaways
Magnolia Oil & Gas Corporation (MGY - Free Report) is set to report third-quarter 2025 earnings on Oct. 29. The Zacks Consensus Estimate for earnings is pegged at 41 cents per share and the same for revenues is pinned at $319.2 million.
Let us delve into the factors that might have influenced MGY’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter.
Highlights of MGY’s Q2 Earnings & Surprise History
In the last reported quarter, the Houston, TX-based oil and gas exploration and production company reported a net profit of 43 cents per share, which beat the Zacks Consensus Estimate of 40 cents. This was primarily driven by a healthy increase in production volumes, supported by strong well productivity in the company’s Giddings asset. The company’s total revenues were $319 million, which surpassed the Zacks Consensus Estimate of $314 million. MGY’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 6.5%. This is depicted in the graph below:
Magnolia Oil & Gas Corp Price and EPS Surprise
Magnolia Oil & Gas Corp price-eps-surprise | Magnolia Oil & Gas Corp Quote
Trend in MGY’s Estimate Revision
The Zacks Consensus Estimate for third-quarter 2025 earnings has witnessed an upward movement of 2.5% in the past seven days. The estimated figure indicates a 21.2% year-over-year decrease. Additionally, the Zacks Consensus Estimate for revenues indicates a decline of 4.2% from the year-ago period’s level.
Factors to Consider Ahead of MGY’s Q3 Release
Magnolia Oil & Gas generates revenues by acquiring land or leases with oil and natural gas reserves, primarily in South Texas. The firm explores these properties, drills wells to extract the oil and gas, and sells the resources to other energy companies. By focusing on areas such as the Eagle Ford Shale and Austin Chalk, MGY profits from the difference between the costs of drilling and production and the income from selling the extracted oil and gas.
MGY's total revenues are expected to have suffered in the quarter to be reported. The Zacks Consensus Estimate predicts third-quarter revenues to decrease from the year-ago quarter’s $333.1 million. Per our model, while total production volumes are expected to have increased year over year, the total realized price is likely to have declined in the forthcoming quarter. This decrease in the average sales prices may affect the company’s profitability. On the cost side, we expect MGY’s gathering, transportation and processing expenses to reach $16.2 million in the third quarter, which is 51.4% up from the year-ago quarter’s level of $10.7 million.
On a positive note, our model predicts that the company’s production volumes will get boosted in the third quarter, along with an increase in the average realized price of natural gas liquids and natural gas, which may create a positive trajectory for the company.
What Does Our Model Predict for MGY?
The proven Zacks model does not conclusively predict an earnings beat for Magnolia Oil & Gas this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the case here.
Earnings ESP of MGY: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is +2.06%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
MGY’s Zacks Rank: MGY currently carries a Zacks Rank #4 (Sell).
Stocks With the Favorable Combination
Here are some firms from the energy space that you may want to consider, as these have the right combination of elements to post an earnings beat this reporting cycle.
TotalEnergies SE (TTE - Free Report) has an Earnings ESP of +1.17% and a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
TTE is scheduled to release earnings on Oct. 30. Notably, TotalEnergies’ earnings missed the Zacks Consensus Estimate in three of the trailing four quarters and beat the remaining one, delivering a negative average surprise of 3.4%. Valued at around $146 billion, TTE’s shares have lost 4% in a year.
Cenovus Energy Inc. (CVE - Free Report) has an Earnings ESP of +1.27% and sports a Zacks Rank #1 at present. CVE is slated to release earnings on Oct. 31.
The Zacks Consensus Estimate for CVE’s 2025 earnings indicates 10.7% year-over-year growth.Valued at around $30 billion, CVE’s shares have fallen 1.1% in a year.
Imperial Oil Limited (IMO - Free Report) has an Earnings ESP of +12.12% and a Zacks Rank #3 at present. It is scheduled to release earnings on Oct. 31.
Imperial’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 14.9%. Valued at around $42.4 billion, IMO’s shares have gained 15% in a year.