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.
CEO: Christopher G. Stavros. Company website
Magnolia Oil & Gas Corporation (MGY) trades at $25.18, down 1.95% on the day, as of Sep 20, 2026 15:01 UTC.
Magnolia Oil & Gas Corporation has a market capitalisation of $5.97B, calculated from the live MGY share price and shares outstanding.
MGY trades at a trailing P/E of 10.95, from earnings per share of $2.30 over the last twelve months.
Magnolia Oil & Gas Corporation generated revenue of $1.48B over the trailing twelve months, which puts the stock at 4.03 times sales.
MGY has traded between $21.07 and $32.76 over the past 52 weeks, and the last price is 23.1% below that high.
Yes. Magnolia Oil & Gas Corporation keeps 28.77% of revenue as net income over the trailing twelve months.
Wall Street analysts rate MGY Buy, with an average price target of $34.00, 35.0% above the current price.
Magnolia Oil & Gas Corporation is classified under the Energy sector and the Oil & Gas Exploration & Production industry, and is domiciled in US.
Christopher G. Stavros is the chief executive of Magnolia Oil & Gas Corporation, which employs 262 people.
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