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MGY - Magnolia Oil & Gas News Story

$21.7 1.1  5.5%

Last Trade - 8:15pm

Sector
Energy
Size
Large Cap
Market Cap £3.53bn
Enterprise Value £3.79bn
Revenue £660.9m
Position in Universe 1403rd / 7414

Magnolia Oil & Gas Corp reports results for the quarter ended in September - Earnings Summary

Wed 3rd November, 2021 10:17am
* Magnolia Oil & Gas Corp  MGY.N  reported quarterly adjusted
earnings of 67 cents​​ per share for the quarter ended in
September. The mean expectation of sixteen analysts for the
quarter was for earnings of 61 cents per share.
* Revenue rose 134.2% to $283.58 million from a year ago; 
analysts expected $277.83 million. 
* Magnolia Oil & Gas Corp's reported EPS for the quarter was 67
cents​.
* The mean earnings estimate of analysts had risen by about 9.8%
in the last three months.​ 
* In the last 30 days five analysts negatively revised earnings
estimates 
* Magnolia Oil & Gas Corp shares had risen by 16.1% this
quarter and gained 192.6% so far this year.
* The company reported quarterly net income of $119.36 million.
* Wall Street's median 12-month price target for Magnolia Oil &
Gas Corp is $23.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 11 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 3 at 10:17 a.m.
 ​All figures in US dollars unless otherwise stated
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