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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 reports results for the quarter ended in June - Earnings Summary

Tue 3rd August, 2021 5:31am
* Magnolia Oil & Gas Corp  MGY.N  reported quarterly adjusted
earnings of 56 cents​​ per share for the quarter ended in June.
The mean expectation of fourteen analysts for the quarter was
for earnings of 41 cents per share.
* Revenue rose 202.7% to $250.73 million from a year ago; 
analysts expected $231.24 million. 
* Magnolia Oil & Gas Corp's reported EPS for the quarter was 48
cents​.
* The mean earnings estimate of analysts had risen by
about 36.2% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Magnolia Oil & Gas Corp shares had fallen by 10.4% this
quarter and gained 98.3% so far this year.
* The company reported quarterly net income of $84.45 million.
* Wall Street's median 12-month price target for Magnolia Oil &
Gas Corp is $17.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 3 at 04:30 a.m.  ​All
figures in US dollars unless otherwise stated
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