Magnolia Oil & Gas Corporation (MGY) Stock

Magnolia Oil & Gas Corporation (MGY) is a Energy stock trading at $28.20 (as of 2026-08-20), with a market capitalization of $6.68B and a trailing P/E of 15.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Magnolia Oil & Gas Corporation acquires, develops, explores, and produces oil, natural gas, and natural gas liquids in the United States. Its operations are concentrated in South Texas, primarily in Karnes County and the Giddings Field, focused on the Eagle Ford Shale and Austin Chalk formations.

Understand Magnolia Oil & Gas Corporation: how it makes money

Magnolia Oil & Gas Corporation acquires, develops, explores, and produces oil, natural gas, and natural gas liquids in South Texas, selling produced hydrocarbons (with revenue mainly from oil).

The company’s profit engine is its product mix from South Texas producing assets, with oil generating the majority of revenue and natural gas and natural gas liquids contributing smaller shares.

Revenue by segment (latest quarter)
Oil$0.3B
Nat Gas$0.1B
NGL$0.1B

Business quality (Strong): Good alignment between the business description and the product-based revenue breakdown, but limited operating detail is provided beyond the latest-quarter operating margin (no production/volume KPIs are included).

Valuation: At 15× earnings, MGY trades 12% below the Petroleum & Natural Gas average (17×). Note: one-time items can distort reported P/E.

Bull case

  • Revenue mix led by oil: Oil Revenues are the largest portion of the provided segment revenue candidates, indicating the core earnings power is tied to oil from its South Texas assets.
  • Large, concentrated operating footprint: The company reports a large leasehold position (471,263 net acres total) and producing infrastructure (1,292 net wells with stated production capacity).

Bear case

  • Concentration risk in a single product category: Oil is the dominant revenue source in the provided segment breakdown, so smaller contributions from natural gas and NGL provide less diversification within the segment data shown.
  • Geographic and formation concentration: Operations are primarily located in Karnes County and the Giddings Field in South Texas, focused on the Eagle Ford Shale and Austin Chalk formation.
Valuation — source: SEC EDGAR (first-party)
Price$28.20
Market Cap$6.68B
P/E Ratio15.7
EV / EBITDA6.7
Price / Book3.11
Price / Sales4.52
DCF Value (model)$30.85
DCF Upside vs Price9.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.31B
Net Margin24.8%
Revenue Growth (YoY)50.1%
Financial Health — source: SEC EDGAR
Altman Z-Score4.96 (safe)
Valuation vs Sector & Industry
Stock P/E15.7
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
vs Sector-6.4%
vs Industry-5.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($931.04M)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOChristopher G. Stavros
Employees252
CountryUS
IPO Date2017-06-29

Related Companies (Business model: Exploration & Production (Upstream Oil & Gas); 8 closest by market cap; US-domiciled)

  • SM Energy Company (SM)
  • Chord Energy Corporation (CHRD)
  • Viper Energy, Inc. (VNOM)
  • Matador Resources Company (MTDR)
  • Murphy Oil Corporation (MUR)
  • CNX Resources Corporation (CNX)
  • Hess Midstream LP (HESM)
  • California Resources Corporation (CRC)
MGY earnings history · MGY institutional & insider holders · MGY KPIs & operating metrics · MGY financials · MGY investor presentations & press releases · MGY SEC filings · MGY peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.