Magnolia Oil & Gas Corporation Class A Common Stock (MGY) Stock Price Chart, Business Overview & Key Insights, Historical Stock Splits, Cash Flow Statement, Income Statement, Balance Sheet, Historical Dividends, Recent News, & Related Companies.

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About

Magnolia Oil & Gas (MGY) Business Model and Operations Summary

Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.

Key Insights

Magnolia Oil & Gas (MGY) Core Market Data and Business Metrics

Latest Closing Price
$25.51
Market Cap
$4.79 Billion
Total Outstanding Shares
188.52 Million Shares
Total Employees
252
Dividend
$0.15 Per Share Quarterly
IPO Date
June 26, 2017
SIC Description
Crude Petroleum & Natural Gas
Primary Exchange
New York Stock Exchange
Headquarters
Nine Greenway Plaza, Houston, TX, 77046

Historical Stock Splits

Execution Date	Split Amount
No Historical Stock Splits

Cash Flow Statement

July 1, 2024 to September 30, 2024

Metric	Value
Net Cash Flow From Investing Activities	$-129.57 Million
Net Cash Flow From Financing Activities	$-87.87 Million
Net Cash Flow From Operating Activities, Continuing	$217.89 Million
Net Cash Flow From Operating Activities	$217.89 Million
Net Cash Flow From Investing Activities, Continuing	$-129.57 Million
Net Cash Flow	$456,000

Income Statement

July 1, 2024 to September 30, 2024

Metric	Value
Income Tax Expense/Benefit, Deferred	$27.01 Million
Net Income/Loss Attributable To Parent	$99.78 Million
Preferred Stock Dividends And Other Adjustments	$1.22 Million
Revenues	$333.13 Million
Nonoperating Income/Loss	$3.43 Million
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic	$2.44 Million

Comprehensive Income

July 1, 2024 to September 30, 2024

Metric	Value
Comprehensive Income/Loss Attributable To Parent	$105.91 Million
Comprehensive Income/Loss	$105.91 Million
Comprehensive Income/Loss Attributable To Noncontrolling Interest	$0
Other Comprehensive Income/Loss	$0

Balance Sheet

July 1, 2024 to September 30, 2024

Metric	Value
Current Liabilities	$281.52 Million
Assets	$2.81 Billion
Noncurrent Assets	$2.40 Billion
Other Non-current Liabilities	$174.07 Million
Equity	$1.96 Billion
Liabilities And Equity	$2.81 Billion

Historical Dividends

Current dividend: $0.15 Per Share Quarterly

Announcement Date	Payment Date	Record Date	Amount	Frequency
Feb 3, 2025	Mar 3, 2025	Feb 14, 2025	$0.15	Quarterly
Oct 28, 2024	Dec 2, 2024	Nov 8, 2024	$0.13	Quarterly
Jul 29, 2024	Sep 3, 2024	Aug 9, 2024	$0.13	Quarterly
May 2, 2024	Jun 3, 2024	May 13, 2024	$0.13	Quarterly
Feb 5, 2024	Mar 1, 2024	Feb 16, 2024	$0.13	Quarterly
Oct 30, 2023	Dec 1, 2023	Nov 9, 2023	$0.115	Quarterly

Recent Headlines From The Web

Latest news, press releases, and media coverage about MGY from trusted financial sources

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