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Magnolia Oil and Gas Corporation (MGY)
27.26  0.37 (1.38%)  07-17 16:00
Open: 27.26
High: 27.67
Low: 26.81
Volume: 1,310,650
Market Cap: 5,042(M)
PE Ratio: 15.58
Exchange: New York Stock Exchange
Industry: Oil & Gas Exploration & Production
Sector: Energy
Technical analysis
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sell buy
Resistance 2: 33.03
Resistance 1: 28.28
Pivot price: 26.09
Support 1: 26.23
Support 2: 24.96
52w High: 32.76
52w Low: 21.065
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Magnolia Oil & Gas Corporation is an energy company engaged in the full lifecycle of hydrocarbon resource management: acquisition, development, exploration, and production of crude oil, natural gas, and natural gas liquids (NGLs) within the United States. Its operational focus is primarily situated in South Texas, specifically within Karnes County and the Giddings Field, where its assets primarily tap into the rich Eagle Ford Shale and Austin Chalk geological formations. According to its December 31, 2021, filing, the company's holdings comprised a substantial leasehold of 471,263 net acres. This total was broken down into 23,785 net acres in Karnes and a larger 447,478 net acres within the Giddings region. In addition, it managed 1,292 net wells, which collectively yielded a production capacity of 66,000 barrels of oil equivalent per day. Headquartered in Houston, Texas, the company began its operations in 2017.

Financials
EPS 1.730
Book Value 10.980
PEG Ratio 0.00
Gross Profit 5.731
Profit Margin (%) 24.40
Operating Margin (%) 35.64
Return on Assets (ttm) 9.3
Return on Equity (ttm) 16.5
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