Investing In Magnolia Oil & Gas Corp (NYSE: MGY): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas E&P industry segment. The current market capitalization of Magnolia Oil & Gas Corp is $4.44B. A total of 3.93 million shares were traded on the day, compared to an average of 2.19M shares.

In the most recent transaction, Stavros Christopher G bought 2,500 shares of MGY for 22.05 per share on Mar 03 ’25. After the transaction, the CEO & DIRECTOR now owns 892,372 company shares. In a previous transaction on Jan 08 ’25, Millican Steve bought 195,293 shares at 24.14 per share.

Among the insiders who sold shares, EnerVest, Ltd. disposed of 7,000,000 shares on Sep 23 ’24 at a per-share price of $25.86. This resulted in the Director holding 2,099,403 shares of MGY after the transaction. In another insider transaction, Walker John B sold 7,000,000 shares at $25.86 per share on Sep 23 ’24. Company shares held by the Director now total 2,099,403.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Magnolia Oil & Gas Corp pays an annual dividend of $0.54, resulting in a dividend yield of 2.36%, and it has a price to earnings (P/E) ratio of 11.80. MGY’s most recent ex-dividend date was 2.53% when it declared a $0.15 quarterly dividend that was paid in cash on 2/14/2025. Previously, the company paid the dividend on 11/8/2024 with an ex-dividend date of 2.03%. The MGY stock dividend was $0.13 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, MGY has a high of $29.02 and a low of $21.63.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MGY’s latest balance sheet shows that the firm has $366.98M in Cash & Short Term Investments as of fiscal 2021. There were $388.09M in debt and $218.54M in liabilities at the time. Its Book Value Per Share was $9.82, while its Total Shareholder’s Equity was $1.05B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MGY is Buy with a score of 3.50.

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