Magnolia Oil & Gas Corporation (MGY) Reveals an Earnings Mystery

Magnolia Oil & Gas Corporation (NYSE:MGY) went up by 13.12% from its latest closing price compared to the recent 1-year high of $10.67. The company’s stock price has collected 14.12% of gains in the last five trading sessions. Press Release reported on 02/22/21 that Magnolia Oil & Gas Corporation Announces 2020 Fourth Quarter and Year-End Results

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Is It Worth Investing in Magnolia Oil & Gas Corporation (NYSE :MGY) Right Now?

Plus, the 36-month beta value for MGY is at 2.68. Opinions of the stock are interesting as 7 analysts out of 13 who provided ratings for Magnolia Oil & Gas Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $9.79, which is -$2.19 below the current price. MGY currently public float of 105.52M and currently shorts hold a 15.76% ratio of that float. Today, the average trading volume of MGY was 1.98M shares.

MGY’s Market Performance

MGY stocks went up by 14.12% for the week, with a monthly jump of 27.77% and a quarterly performance of 94.97%, while its annual performance rate touched 43.00%. The volatility ratio for the week stands at 7.03% while the volatility levels for the past 30 days are set at 6.01% for Magnolia Oil & Gas Corporation. The simple moving average for the period of the last 20 days is 21.69% for MGY stocks with a simple moving average of 76.52% for the last 200 days.

Analysts’ Opinion of MGY

Many brokerage firms have already submitted their reports for MGY stocks, with MKM Partners repeating the rating for MGY by listing it as a “Neutral.” The predicted price for MGY in the upcoming period, according to MKM Partners is $7 based on the research report published on November 30th of the previous year 2020.

Barclays gave a rating of “Overweight” to MGY, setting the target price at $8 in the report published on August 27th of the previous year.

MGY Trading at 34.88% from the 50-Day Moving Average

After a stumble in the market that brought MGY to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 9.09% of gains for the given period.

Volatility was left at 6.01%, however, over the last 30 days, the volatility rate increased by 7.03%, as shares surge +23.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +53.76% upper at present.

During the last 5 trading sessions, MGY rose by +14.12%, which changed the moving average for the period of 200-days by +136.11% in comparison to the 20-day moving average, which settled at $9.68. In addition, Magnolia Oil & Gas Corporation saw 64.87% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MGY starting from CHAZEN STEPHEN I, who purchase 40,000 shares at the price of $5.77 back on Nov 19. After this action, CHAZEN STEPHEN I now owns 6,989,245 shares of Magnolia Oil & Gas Corporation, valued at $230,924 using the latest closing price.

CHAZEN STEPHEN I, the Chairman, President & CEO of Magnolia Oil & Gas Corporation, purchase 35,000 shares at $5.59 during a trade that took place back on Sep 22, which means that CHAZEN STEPHEN I is holding 6,945,318 shares at $195,748 based on the most recent closing price.

Stock Fundamentals for MGY

Current profitability levels for the company are sitting at:

  • +13.67 for the present operating margin
  • +26.82 for the gross margin

The net margin for Magnolia Oil & Gas Corporation stands at +5.36. The total capital return value is set at 4.11, while invested capital returns managed to touch 2.37. Equity return is now at value -145.40, with -62.90 for asset returns.

Based on Magnolia Oil & Gas Corporation (MGY), the company’s capital structure generated 22.18 points at debt to equity in total, while total debt to capital is 18.15. Total debt to assets is 11.36, with long-term debt to equity ratio resting at 22.03. Finally, the long-term debt to capital ratio is 18.03.

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When we switch over and look at the enterprise to sales, we see a ratio of 3.49, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 7.61 and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.

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