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Magnolia Oil & Gas Corp (MGY)

(Real Time Quote from BATS)

$24.57 USD

24.57
57,874

+0.32 (1.32%)

Updated Jun 10, 2024 10:12 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 42% (145 out of 248)

Industry: Oil and Gas - Exploration and Production - United States

Better trading starts here.

Zacks News

Magnolia Oil & Gas Corp (MGY) Down 7% Since Last Earnings Report: Can It Rebound?

Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Why Magnolia Oil & Gas Corp (MGY) is a Top Value Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Magnolia Oil & Gas Corp (MGY) is a Top Momentum Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Pembina (PBA) Q1 Earnings Rise Y/Y, Sales Lag Estimates

Pembina (PBA) expects adjusted EBITDA in the C$4.05-C$4.30 billion range for full-year 2024.

USA Compression (USAC) Q1 Earnings & Revenues Top Estimates

USA Compression (USAC) anticipates distributable cash flow, adjusted EBITDA and net income in the range of $340-$360 million, $555-$575 million and $95-$115 million, respectively, for 2024.

Suncor Energy (SU) Q1 Earnings Rise Y/Y, Sales Top Estimates

Suncor Energy (SU) expects capital expenditures in the band of C$6.3-C$6.5 billion and production in the range of 770,000-810,000 boe/d for full-year 2024.

Ovintiv (OVV) Q1 Earnings Beat Estimates, Revenues Miss

Ovintiv (OVV) expects capital expenditures in the range of $2.2-$2.4 billion for full-year 2024 and in the band of $610-$650 million for the second quarter of the year.

Delek (DK) Q1 Loss Narrower Than Expected, Sales Decline Y/Y

Delek (DK) expects capital expenditures of approximately $330 million, including $220 million for Refining and $70 million for Logistics, for full-year 2024.

Magnolia (MGY) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Magnolia (MGY) expects D&C capital expenditures to be $120 million to $125 million for the second quarter of 2024 and between $450 million and $480 million for the entire year.

Magnolia Oil & Gas Corp (MGY) Q1 Earnings and Revenues Beat Estimates

Magnolia Oil & Gas Corp (MGY) delivered earnings and revenue surprises of 11.36% and 3.64%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Ring Energy (REI) Q1 Earnings Miss Estimates

Ring Energy (REI) delivered earnings and revenue surprises of -28.57% and 1.17%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Why This 1 Value Stock Could Be a Great Addition to Your Portfolio

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

SM Energy (SM) Tops Q1 Earnings Estimates

SM Energy (SM) delivered earnings and revenue surprises of 10.16% and 1.47%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Magnolia Oil & Gas Corp (MGY) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Magnolia Oil & Gas Corp (MGY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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Investors' Guide to Targa Resources' (TRGP) Dividend Hike

Targa Resources' (TRGP) current dividend yield of 2.6% might not be the best going around, but it is well ahead of the S&P 500's 1.3% and is well protected with a payout ratio of 52.

APA (APA) Up 12.2% Since Last Earnings Report: Can It Continue?

APA (APA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Why Is Matador (MTDR) Up 11.8% Since Last Earnings Report?

Matador (MTDR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Magnolia Oil & Gas Corp (MGY) Up 12.5% Since Last Earnings Report: Can It Continue?

Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Healthy Crude Oil Prices Fuel Upstream Sector Expansion

Healthy oil prices raise the incentive to keep tabs on upstream firms like Matador (MTDR), Marathon Oil (MRO) and Magnolia (MGY).

Nilanjan Choudhury headshot

U.S. Oil Production Hits Record High, Set to Remain Dominant

As U.S. crude production gears up for new heights, our recommendation is to concentrate on domestic E&P companies with strong fundamentals, such as APA, FANG and MGY.

Zacks Industry Outlook Highlights Diamondback Energy, Coterra Energy, APA and Magnolia Oil & Gas

Diamondback Energy, Coterra Energy, APA and Magnolia Oil & Gas are part of the Zacks Industry Outlook article.

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4 Stocks to Navigate Challenges in the U.S. Upstream Industry

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on companies like FANG, CTRA, APA and MGY.