Magnolia Oil & Gas Corp - Class A

NYSE: MGY
$28.23
+$0.52 (+1.9%)
Closing Price on November 21, 2024

MGY Stock Chart and Intraday Price

MGY Stock Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector ENERGY & TRANSPORTATION
Industry CRUDE PETROLEUM & NATURAL GAS
Address NINE GREENWAY PLAZA, SUITE 1300, HOUSTON, TX, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 4,698.37M USD
Shares Outstanding 182,450,000
Magnolia Oil & Gas Corp is a Houston-based company focused on the oil and natural gas sector. Founded in 2017, it specializes in finding, developing, and producing oil and natural gas resources. The company primarily operates in South Texas, especially in Karnes County and the Giddings area, targeting the Eagle Ford Shale and the Austin Chalk formation. Magnolia is known for its commitment to efficiently harnessing energy resources.

MGY Articles

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While energy remains wildly out of favor, Goldman Sachs is positive on the sector for 2021 and feels that we will see an increase in benchmark pricing next year as the COVID-19 pandemic tapers off...