Magnolia Oil & Gas (NYSE:MGY) Issues Earnings Results

05 Feb 2026, 16:16 by Scott Moore · The Cerbat Gem

Magnolia Oil & Gas (NYSE:MGY – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01), FiscalAI reports. The company had revenue of $317.63 million during the quarter, compared to the consensus estimate of $322.18 million. Magnolia Oil & Gas had a net margin of 25.90% and a return on equity of 18.10%.

Magnolia Oil & Gas Trading Down 0.8%

Shares of NYSE MGY traded down $0.20 during midday trading on Thursday, hitting $26.19. The stock had a trading volume of 2,848,995 shares, compared to its average volume of 2,824,946. The firm has a market cap of $4.94 billion, a P/E ratio of 14.63 and a beta of 0.96. Magnolia Oil & Gas has a fifty-two week low of $19.09 and a fifty-two week high of $26.53. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.47 and a quick ratio of 1.47. The company’s 50-day simple moving average is $22.93 and its 200 day simple moving average is $23.32.

Magnolia Oil & Gas Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 10th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, February 10th. This is a positive change from Magnolia Oil & Gas’s previous quarterly dividend of $0.15. Magnolia Oil & Gas’s dividend payout ratio is 36.87%.

Hedge Funds Weigh In On Magnolia Oil & Gas

Several hedge funds have recently added to or reduced their stakes in MGY. Wellington Management Group LLP raised its holdings in Magnolia Oil & Gas by 2.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,225,168 shares of the company’s stock worth $124,725,000 after purchasing an additional 113,458 shares during the last quarter. Epoch Investment Partners Inc. grew its holdings in Magnolia Oil & Gas by 58.7% during the 3rd quarter. Epoch Investment Partners Inc. now owns 4,138,626 shares of the company’s stock worth $98,789,000 after acquiring an additional 1,531,061 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Magnolia Oil & Gas by 16.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,360,238 shares of the company’s stock worth $53,058,000 after acquiring an additional 333,566 shares during the period. Balyasny Asset Management L.P. raised its position in shares of Magnolia Oil & Gas by 14.8% during the 2nd quarter. Balyasny Asset Management L.P. now owns 2,229,450 shares of the company’s stock valued at $50,118,000 after acquiring an additional 287,414 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Magnolia Oil & Gas by 21.5% in the 3rd quarter. Northern Trust Corp now owns 2,229,193 shares of the company’s stock valued at $53,211,000 after purchasing an additional 394,579 shares during the period. Institutional investors own 94.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MGY. Wells Fargo & Company set a $22.00 price objective on Magnolia Oil & Gas and gave the company an “equal weight” rating in a report on Tuesday, January 27th. Citigroup raised shares of Magnolia Oil & Gas from a “neutral” rating to a “buy” rating and lifted their price target for the company from $19.00 to $25.00 in a report on Wednesday, January 14th. Bank of America upgraded shares of Magnolia Oil & Gas from a “neutral” rating to a “buy” rating and boosted their price target for the company from $26.00 to $28.00 in a research report on Friday, January 16th. KeyCorp set a $29.00 price objective on shares of Magnolia Oil & Gas and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Zacks Research downgraded Magnolia Oil & Gas from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Eight equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $26.64.

Get Our Latest Stock Report on Magnolia Oil & Gas

About Magnolia Oil & Gas

(Get Free Report)

Magnolia Oil & Gas Corp (NYSE: MGY) is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.