Magnolia Oil & Gas logo

MGY - Magnolia Oil & Gas News Story

$20.71 0.5  2.2%

Last Trade - 18/10/21

Sector
Energy
Size
Large Cap
Market Cap £3.48bn
Enterprise Value £3.78bn
Revenue £530.0m
Position in Universe 1516th / 7243

Magnolia Oil & Gas Corp expected to post earnings of 41 cents a share - Earnings Preview

Sat 31st July, 2021 12:27am
* Magnolia Oil & Gas Corp  MGY.N   MGY  is expected to show a
rise in quarterly revenue when it reports results on August 2. 
* The Houston, Texas-based company is expected to report   a
179.1% increase in revenue to $231.237 million from $82.84
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Magnolia Oil & Gas Corp
is for earnings of 41 cents per share. For the same quarter last
year, the company reported a loss of 8 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"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 $17​, about 17.6% above​ its last closing price
of $14.00. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.28        0.26       0.38      Beat    44.3
 Dec. 31 2020  0.10        0.10       0.15      Beat    46.2
 Sep. 30 2020  0.08        0.07       0.06      Missed  -12​
 Jun. 30 2020  -0.07       -0.06      -0.08     Missed  -25
 Mar.          -0.08​      -0.08      -0.11     Missed  -40.9​
 31​ 2020​                                              
 Dec. 31 2019  0.08        0.07       0.05      Missed  -28.3​
 Sep. 30 2019  0.08        0.09       0.05      Missed  -46.6
 Jun. 30 2019  0.15        0.16       0.12      Missed  -23.1
 This summary was machine generated July 30 at 23:27 GMT.  All
figures in US dollars unless otherwise stated
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.