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Magnolia Oil & Gas Corp (MGY)

(Real Time Quote from BATS)

$26.32 USD

26.32
904,753

+0.04 (0.15%)

Updated Apr 26, 2024 03:47 PM 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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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C Value D Growth A 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% (147 out of 252)

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

Better trading starts here.

Zacks News

Magnolia Oil & Gas Corp (MGY) Up 3.8% 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.

Magnolia (MGY) Q2 Earnings Fall Y/Y, Revenues Miss Estimates

Magnolia (MGY) plans to increase its guidance for full-year production growth to 7-8%. It also expects 2023 capital spending to be lower than the previous year's level.

Magnolia Oil & Gas Corp (MGY) Reports Q2 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Magnolia Oil & Gas Corp (MGY) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Magnolia Oil & Gas Corp (MGY) Beats Q2 Earnings Estimates

Magnolia Oil & Gas Corp (MGY) delivered earnings and revenue surprises of 2.33% and 3.93%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: APA (APA) Q2 Earnings Expected to Decline

APA (APA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Magnolia Oil & Gas Corp (MGY) Q2 Earnings Expected to Decline

Magnolia Oil & Gas Corp (MGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

New Strong Sell Stocks for June 23rd

MGY, RICK and GFS have been added to the Zacks Rank #5 (Strong Sell) List on June 23, 2023.

Magnolia Oil & Gas Corp (MGY) Up 1.5% 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.

Magnolia (MGY) Q1 Earnings Beat Estimates, Revenues Miss

Magnolia (MGY) expects to spend $100 million on drilling and completion activities in the second quarter of 2023.

Magnolia Oil & Gas Corp (MGY) Reports Q1 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Magnolia Oil & Gas Corp (MGY) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Magnolia Oil & Gas Corp (MGY) Q1 Earnings Top Estimates

Magnolia Oil & Gas Corp (MGY) delivered earnings and revenue surprises of 5.66% and 4.48%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Analysts Estimate Talos Energy (TALO) to Report a Decline in Earnings: What to Look Out for

Talos Energy (TALO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Southwestern Energy (SWN) Beats Q1 Earnings and Revenue Estimates

Southwestern Energy (SWN) delivered earnings and revenue surprises of 14.81% and 23.89%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Pioneer Natural Resources (PXD) Surpasses Q1 Earnings Estimates

Pioneer Natural Resources (PXD) delivered earnings and revenue surprises of 6.33% and 11.17%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Magnolia Oil & Gas Corp (MGY) Q1 Earnings Expected to Decline

Magnolia Oil & Gas Corp (MGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Magnolia Oil & Gas Corp (MGY) Could Beat Earnings Estimates Again

Magnolia Oil & Gas Corp (MGY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Nilanjan Choudhury headshot

4 U.S. Upstream Stocks That Investors Should Consider

Although the Zacks Oil and Gas - US E&P industry is going through a tough period, we advise focusing on fundamentally sound companies like LNG, MGY, PDCE and NOG.

Magnolia Oil & Gas Corp (MGY) Down 14.4% 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.

Magnolia Oil & Gas' (MGY) Q4 Earnings Beat, Revenues Miss

Magnolia Oil & Gas Corp (MGY) projects first-quarter capital spending at $140-$150 million and output of 80,000-82,000 boe/d.

Do Options Traders Know Something About Magnolia (MGY) Stock We Don't?

Investors need to pay close attention to Magnolia (MGY) stock based on the movements in the options market lately.

Magnolia Oil & Gas Corp (MGY) Q4 Earnings Surpass Estimates

Magnolia Oil & Gas Corp (MGY) delivered earnings and revenue surprises of 13.16% and 0.71%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnolia Oil & Gas Corp (MGY) Reports Next Week: Wall Street Expects Earnings Growth

Magnolia Oil & Gas Corp (MGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Value Trader Highlights: Lantheus Holding, Matador Resources, Magnolia Oil & Gas, UFP Industries and Terreno Realty

Lantheus Holding, Matador Resources, Magnolia Oil & Gas, UFP Industries and Terreno Realty are part of the Zacks Value Trader blog.

Tracey Ryniec headshot

How to Find the Next Stock Market Leaders

The tech bull is over. What will replace it?

Magnolia (MGY) Trims Q4 Output Target But Keeps 2023 Outlook

Magnolia (MGY) reported preliminary Q4 2022 oil and gas production levels in the range of 73 to 74 Mboe per day.