Magnolia Oil & Gas Corp reports results for the quarter ended June 30 - Earnings Summary

Magnolia Oil & Gas

31/07/2025 20:18

Magnolia Oil & Gas Corp MGY.N reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 56 cents.  The mean expectation of seventeen analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 31 cents to 46 cents per share.

Revenue fell 5.3% to $318.98 million from a year ago; analysts expected $313.31 million.

Magnolia Oil & Gas Corp's reported EPS for the quarter was 42 cents​.

The company reported quarterly net income of $78.12 million.

Magnolia Oil & Gas Corp shares had risen by 8.5% this quarter and gained 4.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 7% in the last three months.​

In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is  "buy."

Wall Street's median 12-month price target for Magnolia Oil & Gas Corp is $27.00, about 9.7% above its last closing price of $24.38

This summary was machine generated from LSEG data July 31 at 07:18 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.39
0.43
Beat
Mar. 31 2025
0.54
0.54
Met
Dec. 31 2024
0.45
0.50
Beat
Sep. 30 2024
0.48
0.53
Beat