Magnolia Oil & Gas Corp (NYSE: MGY) on Monday, plunged -3.56% from the previous trading day, before settling in for the closing price of $23.33. Within the past 52 weeks, MGY’s price has moved between $19.09 and $29.02.
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A company in the Energy sector has jumped its sales by 46.84% annually for the last half of the decade. The company achieved an average annual earnings per share of -5.78%. With a float of $182.38 million, this company’s outstanding shares have now reached $187.67 million.
In an organization with 252 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 51.48%, operating margin of 38.85%, and the pretax margin is 37.65%.
Magnolia Oil & Gas Corp (MGY) Insider Updates
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Magnolia Oil & Gas Corp is 5.24%, while institutional ownership is 112.64%. The most recent insider transaction that took place on May 02 ’25, was worth 249,870. In this transaction Director of this company bought 11,731 shares at a rate of $21.30, taking the stock ownership to the 18,095 shares. Before that another transaction happened on Mar 03 ’25, when Company’s CEO & DIRECTOR bought 2,500 for $22.05, making the entire transaction worth $55,138. This insider now owns 892,372 shares in total.
Magnolia Oil & Gas Corp (MGY) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -5.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.03% during the next five years compared to 46.84% growth over the previous five years of trading.
Magnolia Oil & Gas Corp (NYSE: MGY) Trading Performance Indicators
Magnolia Oil & Gas Corp (MGY) is currently performing well based on its current performance indicators. A quick ratio of 1.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.22. Likewise, its price to free cash flow for the trailing twelve months is 18.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.02, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.95 in one year’s time.
Technical Analysis of Magnolia Oil & Gas Corp (MGY)
Let’s dig in a bit further. During the last 5-days, its volume was 2.88 million. That was better than the volume of 2.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.39%.
During the past 100 days, Magnolia Oil & Gas Corp’s (MGY) raw stochastic average was set at 47.73%, which indicates a significant increase from 12.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.16% in the past 14 days, which was lower than the 47.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.46, while its 200-day Moving Average is $24.17. However, in the short run, Magnolia Oil & Gas Corp’s stock first resistance to watch stands at $23.11. Second resistance stands at $23.71. The third major resistance level sits at $24.15. If the price goes on to break the first support level at $22.07, it is likely to go to the next support level at $21.63. Assuming the price breaks the second support level, the third support level stands at $21.03.
Magnolia Oil & Gas Corp (NYSE: MGY) Key Stats
Market capitalization of the company is 4.33 billion based on 192,472K outstanding shares. Right now, sales total 1,316 M and income totals 366,030 K. The company made 350,300 K in profit during its latest quarter, and 102,930 K in sales during its previous quarter.
