Magnolia Oil & Gas Corp expected to post earnings of 89 cents a share - Earnings Preview
Magnolia Oil & Gas Corp expected to post earnings of 89 cents a share - Earnings Preview
Magnolia Oil & Gas Corp MGY.N, MGY is expected to show a rise in quarterly revenue when it reports results on August 5 for the period ending June 30 2026
The Houston Texas-based company is expected to report a 35.5% increase in revenue to $432.363 million from $318.98 million a year ago, according to the mean estimate from 13 analysts, based on LSEG data.
LSEG's mean analyst estimate for Magnolia Oil & Gas Corp is for earnings of 89 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Magnolia Oil & Gas Corp is $33.00, about 31.3% above its last closing price of $25.13
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | 0.52 | 0.52 | 0.54 | Beat | 3.1 |
Dec. 31 2026 | 0.37 | 0.37 | 0.37 | Met | 0.7 |
Sep. 30 2025 | 0.41 | 0.42 | 0.42 | Met | 1.2 |
Jun. 30 2025 | 0.41 | 0.39 | 0.43 | Beat | 10.9 |
Mar. 31 2025 | 0.53 | 0.54 | 0.54 | Met | 0.8 |
Dec. 31 2024 | 0.46 | 0.45 | 0.50 | Beat | 10 |
Sep. 30 2024 | 0.47 | 0.48 | 0.53 | Beat | 10.1 |
Jun. 30 2024 | 0.53 | 0.53 | 0.56 | Beat | 6.3 |
This summary was machine generated August 3 at 23:12 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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Magnolia Oil & Gas Corp expected to post earnings of 89 cents a share - Earnings Preview
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