Magnolia Oil & Gas First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Magnolia Oil & Gas Corporation Class A (MGY)
Last magnolia oil & gas corporation class a earnings: 2/19 04:11 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance
Net income: US$85.1m (down 11% from 1Q 2023). Profit margin: 27% (down from 31% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$0.47 (down from US$0.50 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Magnolia Oil & Gas Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 3.3%. Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Oil and Gas industry in the US. Performance of the American Oil and Gas industry. The company's shares are up 3.9% from a week ago. Risk Analysis It is worth noting though that we have found 2 warning signs for Magnolia Oil & Gas that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at
Show less
Read more
Impact Snapshot
Event Time:
MGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MGY alerts
High impacting Magnolia Oil & Gas Corporation Class A news events
Weekly update
A roundup of the hottest topics
MGY
News
- Are You a Value Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- EnerVest Sale of 12,000,000 Shares of Class A Common Stock of Magnolia; Magnolia to Purchase 3,000,000 Shares of Class B Common Stock from EnerVest [Yahoo! Finance]Yahoo! Finance
- EnerVest Sale of 12,000,000 Shares of Class A Common Stock of Magnolia; Magnolia to Purchase 3,000,000 Shares of Class B Common Stock from EnerVestBusiness Wire
- Magnolia Oil & Gas Co. (NYSE: MGY) had its price target raised by analysts at Mizuho from $26.00 to $28.00. They now have a "neutral" rating on the stock.MarketBeat
- Analyst Estimates: Here's What Brokers Think Of Magnolia Oil & Gas Corporation (NYSE:MGY) After Its First-Quarter Report [Yahoo! Finance]Yahoo! Finance
MGY
Earnings
- 5/7/24 - Beat
MGY
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form SC
- MGY's page on the SEC website