Tearsheet
MGY Home Investment Highlights Valuation, Metrics & Events Price Chart Why The Stock Moved Return vs. Risk About MGY Interactive Breakdown Better Bets vs. MGY Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Trade Sentinel Industry Resource Links External Quote Links

Magnolia Oil & Gas (MGY)

Market Price (3/15/2026): $29.495 | Market Cap: $5.4 Bil
Sector: Energy | Industry: Oil & Gas Exploration & Production

Magnolia Oil & Gas (MGY)

Market Price (3/15/2026): $29.495
Market Cap: $5.4 Bil
Sector: Energy
Industry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.0%, FCF Yield is 7.6%		 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%		 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.9%, Rev Chg QQuarterly Revenue Change % is -2.7%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 67%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 31%		 Weak multi-year price returns
2Y Excs Rtn is -1.1%, 3Y Excs Rtn is -24%		 
2 Low stock price volatility
Vol 12M is 37%		 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%		 
3 Megatrend and thematic drivers
Megatrends include US Energy Independence, and Sustainable Resource Management. Themes include US Oilfield Technologies, and Resource Efficiency Solutions. 		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.0%, FCF Yield is 7.6%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 67%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 31%
2 Low stock price volatility
Vol 12M is 37%
3 Megatrend and thematic drivers
Megatrends include US Energy Independence, and Sustainable Resource Management. Themes include US Oilfield Technologies, and Resource Efficiency Solutions.
4 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
5 Weak multi-year price returns
2Y Excs Rtn is -1.1%, 3Y Excs Rtn is -24%
6 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%
7 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.9%, Rev Chg QQuarterly Revenue Change % is -2.7%

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Magnolia Oil & Gas (MGY) stock has gained about 30% since 11/30/2025 because of the following key factors:

1. Magnolia Oil & Gas exceeded Q4 2025 earnings and revenue estimates driven by record production volumes. The company reported a Q4 2025 net profit of $0.37 per share, surpassing the Zacks Consensus Estimate of $0.36. Total revenues reached $318 million, beating the consensus estimate of $312 million. This outperformance was largely attributed to record quarterly production of 103,799 barrels of oil equivalent per day (boe/d), an 11.5% increase year-over-year, primarily due to strong well productivity in its Giddings asset. Oil production specifically grew by 5% to 40.7 thousand barrels per day (Mbbls/d).

2. The company demonstrated a strong commitment to shareholder returns through increased dividends and expanded share repurchases. Magnolia returned 110% of its free cash flow generated in Q4 2025 and 75% for the full year 2025 to shareholders. This included a 10% increase in the quarterly dividend to $0.165 per share (annualized to $0.66), marking the fifth consecutive annual increase. Additionally, the company expanded its share repurchase authorization to 60 million shares, further signaling a focus on capital returns to shareholders.

Show more

Stock Movement Drivers

Fundamental Drivers

The 28.3% change in MGY stock from 11/30/2025 to 3/13/2026 was primarily driven by a 33.2% change in the company's P/E Multiple.
(LTM values as of)113020253132026Change
Stock Price ($)23.0029.5028.3%
Change Contribution By: 
Total Revenues ($ Mil)1,3211,312-0.7%
Net Income Margin (%)25.9%24.8%-4.3%
P/E Multiple12.416.533.2%
Shares Outstanding (Mil)1851821.2%
Cumulative Contribution28.3%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/13/2026
ReturnCorrelation
MGY28.3% 
Market (SPY)-3.1%6.5%
Sector (XLE)27.6%75.8%

Fundamental Drivers

The 20.1% change in MGY stock from 8/31/2025 to 3/13/2026 was primarily driven by a 32.4% change in the company's P/E Multiple.
(LTM values as of)83120253132026Change
Stock Price ($)24.5629.5020.1%
Change Contribution By: 
Total Revenues ($ Mil)1,3291,312-1.3%
Net Income Margin (%)27.6%24.8%-10.1%
P/E Multiple12.516.532.4%
Shares Outstanding (Mil)1871822.2%
Cumulative Contribution20.1%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/13/2026
ReturnCorrelation
MGY20.1% 
Market (SPY)3.0%19.4%
Sector (XLE)28.8%79.9%

Fundamental Drivers

The 29.4% change in MGY stock from 2/28/2025 to 3/13/2026 was primarily driven by a 39.3% change in the company's P/E Multiple.
(LTM values as of)22820253132026Change
Stock Price ($)22.8129.5029.4%
Change Contribution By: 
Total Revenues ($ Mil)1,3161,312-0.3%
Net Income Margin (%)27.8%24.8%-10.9%
P/E Multiple11.916.539.3%
Shares Outstanding (Mil)1911824.5%
Cumulative Contribution29.4%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/13/2026
ReturnCorrelation
MGY29.4% 
Market (SPY)12.4%57.3%
Sector (XLE)29.9%87.6%

Fundamental Drivers

The 44.9% change in MGY stock from 2/28/2023 to 3/13/2026 was primarily driven by a 281.7% change in the company's P/E Multiple.
(LTM values as of)22820233132026Change
Stock Price ($)20.3629.5044.9%
Change Contribution By: 
Total Revenues ($ Mil)1,6941,312-22.6%
Net Income Margin (%)52.7%24.8%-53.0%
P/E Multiple4.316.5281.7%
Shares Outstanding (Mil)1901824.3%
Cumulative Contribution44.9%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/13/2026
ReturnCorrelation
MGY44.9% 
Market (SPY)73.4%46.8%
Sector (XLE)51.3%85.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MGY Return169%27%-7%12%-4%34%355%
Peers Return175%54%-1%-12%-8%25%325%
S&P 500 Return27%-19%24%23%16%-1%80%

Monthly Win Rates [3]
MGY Win Rate58%58%50%50%58%100% 
Peers Win Rate75%60%47%40%55%93% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
MGY Max Drawdown0%-2%-19%-8%-16%-3% 
Peers Max Drawdown-0%0%-23%-19%-27%-4% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-2% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: EOG, COP, DVN, SM, MUR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)

How Low Can It Go

Unique KeyEventMGYS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-38.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven62.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-74.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven287.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven358 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-35.5%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven55.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven671 days120 days

Compare to EOG, COP, DVN, SM, MUR

In The Past

Magnolia Oil & Gas's stock fell -38.4% during the 2022 Inflation Shock from a high on 6/7/2022. A -38.4% loss requires a 62.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Magnolia Oil & Gas (MGY)

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.

AI Analysis | Feedback

A focused Pioneer Natural Resources, specializing in South Texas oil and gas.

The EOG Resources of the Eagle Ford Shale.

AI Analysis | Feedback

  • Oil: A hydrocarbon liquid extracted from underground reserves, primarily used as fuel or for manufacturing petrochemicals.
  • Natural Gas: A gaseous hydrocarbon mixture extracted from underground, primarily used for energy generation and heating.
  • Natural Gas Liquids (NGLs): Hydrocarbon components separated from natural gas, used as fuel, feedstock for plastics, and other products.

AI Analysis | Feedback

Magnolia Oil & Gas (symbol: MGY) is an upstream oil and gas company that engages in the acquisition, development, exploration, and production of crude oil, natural gas, and natural gas liquids (NGLs).

Given the commodity nature of its products, Magnolia Oil & Gas primarily sells to other companies within the energy value chain, rather than directly to individuals. The company typically sells its crude oil, natural gas, and NGLs to a diverse group of purchasers under various contractual arrangements (both short-term and long-term).

Due to the competitive and commodity-based nature of the oil and gas market, Magnolia Oil & Gas does not publicly disclose specific names of its major customer companies, nor does it typically have individual customers that account for a significant portion of its revenue (e.g., 10% or more) that would necessitate such disclosure in its public filings. Therefore, it is not possible to list specific company names and symbols as major customers.

However, the categories of companies that purchase Magnolia Oil & Gas's products include:

  1. Midstream Companies: These companies purchase raw crude oil, natural gas, and NGLs at the wellhead for gathering, processing (e.g., separating natural gas into dry gas and NGLs), and transportation through pipelines to market hubs or end-users.
  2. Refiners: Companies that purchase crude oil as a feedstock to convert it into various refined products, such as gasoline, diesel, jet fuel, and other petrochemical feedstocks.
  3. Natural Gas Marketers and Utilities: Companies that purchase natural gas for resale to industrial, commercial, and residential customers, or for use in power generation.
  4. Petrochemical Companies: Companies that utilize NGLs (such as ethane, propane, and butane) as feedstocks for producing plastics, chemicals, and other industrial products.

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

Better Bets vs. Magnolia Oil & Gas (MGY)

Latest Trefis Analyses

Trade Ideas

Select ideas related to MGY.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TPL_12262025_Dip_Buyer_ValueBuy12262025TPLTexas Pacific LandDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		82.3%82.3%-2.1%
NOV_12122025_Insider_Buying_GTE_1Mil_EBITp+DE_V212122025NOVNOVInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap		23.6%23.6%-6.5%
RIG_12122025_Insider_Buying_GTE_1Mil_EBITp+DE_V212122025RIGTransoceanInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap		56.9%56.9%-7.0%
WHD_11212025_Dip_Buyer_ValueBuy11212025WHDCactusDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		31.6%31.6%0.0%
OVV_10172025_Dip_Buyer_FCFYield10172025OVVOvintivDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		41.7%41.7%0.0%

Recent Active Movers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Peers to compare with:

Financials

MGYEOGCOPDVNSMMURMedian
NameMagnolia.EOG Reso.ConocoPh.Devon En.SM EnergyMurphy O. 
Mkt Price29.50133.60121.8946.2526.7936.8141.53
Mkt Cap5.471.7150.228.73.15.317.0
Rev LTM1,31222,58258,94417,1883,1382,69010,163
Op Inc LTM4397,25011,3423,8568224262,339
FCF LTM4093,4507,2432,7975391981,668
FCF 3Y Avg4254,7927,9891,514-2065551,035
CFO LTM87910,04419,7966,7112,0111,2484,361
CFO 3Y Avg88511,17619,9626,6181,7891,5754,204

Growth & Margins

MGYEOGCOPDVNSMMURMedian
NameMagnolia.EOG Reso.ConocoPh.Devon En.SM EnergyMurphy O. 
Rev Chg LTM-0.3%-3.4%7.7%7.8%17.5%-10.9%3.7%
Rev Chg 3Y Avg-6.9%-8.0%-7.8%-2.7%0.4%-13.9%-7.3%
Rev Chg Q-2.7%0.1%-5.9%-6.4%-16.0%-8.4%-6.2%
QoQ Delta Rev Chg LTM-0.7%0.0%-1.4%-1.6%-4.1%-2.1%-1.5%
Op Mgn LTM33.5%32.1%19.2%22.4%26.2%15.9%24.3%
Op Mgn 3Y Avg39.1%35.3%23.1%27.0%34.5%23.3%30.8%
QoQ Delta Op Mgn LTM-2.0%-1.3%-1.7%-0.4%-4.9%-2.0%-1.9%
CFO/Rev LTM67.0%44.5%33.6%39.0%64.1%46.4%45.4%
CFO/Rev 3Y Avg68.9%48.4%35.3%41.1%65.8%51.5%50.0%
FCF/Rev LTM31.2%15.3%12.3%16.3%17.2%7.4%15.8%
FCF/Rev 3Y Avg33.1%20.7%14.1%9.3%-7.9%17.8%16.0%

Valuation

MGYEOGCOPDVNSMMURMedian
NameMagnolia.EOG Reso.ConocoPh.Devon En.SM EnergyMurphy O. 
Mkt Cap5.471.7150.228.73.15.317.0
P/S4.13.22.51.71.02.02.3
P/EBIT12.310.910.87.23.118.810.8
P/E16.514.418.810.94.850.415.5
P/CFO6.17.17.64.31.54.25.2
Total Yield7.1%10.0%8.0%11.4%22.3%5.5%9.0%
Dividend Yield1.1%3.0%2.7%2.2%1.5%3.5%2.4%
FCF Yield 3Y Avg10.3%7.3%6.4%5.8%-0.4%11.0%6.9%
D/E0.10.10.20.30.90.40.2
Net D/E0.00.10.10.20.80.30.2

Returns

MGYEOGCOPDVNSMMURMedian
NameMagnolia.EOG Reso.ConocoPh.Devon En.SM EnergyMurphy O. 
1M Rtn9.4%13.0%9.6%2.9%23.4%8.6%9.5%
3M Rtn30.2%24.9%28.6%23.3%39.7%11.5%26.7%
6M Rtn25.6%15.2%34.1%34.8%3.1%45.7%29.8%
12M Rtn34.3%14.4%31.1%40.7%-2.6%55.5%32.7%
3Y Rtn54.5%37.1%33.3%4.2%1.3%14.3%23.8%
1M Excs Rtn11.8%15.4%12.0%5.3%25.8%11.0%11.9%
3M Excs Rtn30.7%22.6%28.5%22.0%35.3%13.1%25.6%
6M Excs Rtn21.0%10.6%28.9%30.0%-1.5%42.7%24.9%
12M Excs Rtn10.2%-9.5%8.0%15.8%-26.9%33.0%9.1%
3Y Excs Rtn-23.7%-42.7%-43.8%-73.9%-71.5%-63.5%-53.6%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Acquisition, development, exploration, and production of oil and natural gas properties1,227    
Natural gas liquids revenues 2351584970
Natural gas revenues 3011737094
Oil revenues 1,158748422772
Total1,2271,6941,078541936


Price Behavior

Price Behavior
Market Price$29.50 
Market Cap ($ Bil)5.4 
First Trading Date06/29/2017 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$25.58$23.61
DMA Trendupup
Distance from DMA15.3%25.0%
 3M1YR
Volatility29.5%37.5%
Downside Capture-98.1352.29
Upside Capture54.9772.08
Correlation (SPY)6.7%59.1%
MGY Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta0.330.330.190.561.141.04
Up Beta1.431.321.301.301.281.18
Down Beta1.851.360.521.091.601.38
Up Capture29%62%35%25%60%45%
Bmk +ve Days9203170142431
Stock +ve Days13273666131393
Down Capture-129%-177%-102%-6%71%92%
Bmk -ve Days12213054109320
Stock -ve Days8142558119355

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MGY
MGY31.3%37.5%0.80-
Sector ETF (XLE)34.9%24.9%1.1587.8%
Equity (SPY)19.6%18.9%0.8158.8%
Gold (GLD)71.9%26.3%2.0514.8%
Commodities (DBC)19.3%17.3%0.8964.5%
Real Estate (VNQ)6.2%16.3%0.1948.4%
Bitcoin (BTCUSD)-15.3%44.2%-0.2528.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MGY
MGY20.6%40.9%0.58-
Sector ETF (XLE)21.1%26.2%0.7384.6%
Equity (SPY)13.1%17.0%0.6143.2%
Gold (GLD)24.1%17.3%1.1415.5%
Commodities (DBC)11.2%19.0%0.4762.0%
Real Estate (VNQ)4.8%18.8%0.1632.5%
Bitcoin (BTCUSD)6.3%56.7%0.3315.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MGY
MGY12.5%46.5%0.46-
Sector ETF (XLE)10.9%29.5%0.4177.9%
Equity (SPY)14.5%17.9%0.7046.0%
Gold (GLD)14.4%15.6%0.774.3%
Commodities (DBC)8.6%17.6%0.4055.3%
Real Estate (VNQ)5.6%20.7%0.2338.1%
Bitcoin (BTCUSD)67.4%66.8%1.0711.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date2272026
Short Interest: Shares Quantity19.7 Mil
Short Interest: % Change Since 21520264.5%
Average Daily Volume3.2 Mil
Days-to-Cover Short Interest6.2 days
Basic Shares Quantity182.5 Mil
Short % of Basic Shares10.8%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/5/20263.0%-0.9%10.9%
10/29/2025-2.6%-6.8%3.0%
7/30/2025-2.3%-2.7%2.5%
4/30/20252.7%0.7%5.4%
2/18/20251.5%-2.5%4.7%
10/30/2024-1.1%6.7%9.1%
7/31/2024-6.2%-11.9%-4.7%
5/7/20240.3%1.6%-5.1%
...
SUMMARY STATS   
# Positive121417
# Negative12107
Median Positive2.9%5.8%9.1%
Median Negative-2.8%-4.2%-4.9%
Max Positive13.1%24.7%77.5%
Max Negative-6.2%-11.9%-16.2%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/12/202610-K
09/30/202510/30/202510-Q
06/30/202507/31/202510-Q
03/31/202505/01/202510-Q
12/31/202402/19/202510-K
09/30/202410/31/202410-Q
06/30/202408/01/202410-Q
03/31/202405/08/202410-Q
12/31/202302/15/202410-K
09/30/202311/02/202310-Q
06/30/202308/02/202310-Q
03/31/202305/04/202310-Q
12/31/202202/16/202310-K
09/30/202211/02/202210-Q
06/30/202208/03/202210-Q
03/31/202205/10/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Ropp, Ralph LewisDirectBuy1112202523.104,500103,964339,314Form
2Szabo, ShandellDirectBuy505202521.3011,731249,870385,424Form
3Stavros, Christopher GCEO & DIRECTORDirectBuy305202522.052,50055,13819,681,264Form
4Acosta, ArciliaDirectSell311202629.1019,235559,7773,732,302Form
5Djerejian, Edward PDirectSell311202628.9818,000521,6043,199,896Form

Industry Resources

External Quote Links


Prefer one of these to Trefis? Tell us why.