NYSE: MGY

Magnolia Oil & Gas (MGY) Stock Analysis & Forecast

Sep 28 close

$23.71−0.40 (−1.7%)

Gekko Brief

AI summary

Magnolia Oil & Gas draws attention this week after completing its WildFire Energy acquisition, expanding its South Texas position, a move highlighted as a reason the stock has become a focal point among midcap names. Analysts have assigned a consensus "Moderate Buy" rating, with the eighteen firms covering the company noted in recent commentary. Separately, EVP Timothy D. Yang reported a stock award and related tax withholding transactions.

MGY closed at $23.71, down 1.7%, sitting below both its 50-day average of $25.99 and 200-day average of $26.73, with the 50-day below the 200-day. Longer-term returns show declines across the one-month, three-month, six-month and one-year periods. The GekkoIndex reads 67.2, placing the stock in the Accumulation zone, while the gap to Gekko Fair Value of $34.25 stands at -30.8%.

Looking ahead, the next earnings date falls on 4 November 2026, 36 days away and outside a typical 20-trading-day holding window. Over the last 90 days, 2 open-market insider purchases have been recorded, valued at $323,125. Seasonality data covering 5 years shows the next 20 trading days from this point averaged a 10.9% return, with gains in 3 of those years. The consensus analyst target sits at $33.18, reflecting a 39.9% upside from current levels, a figure worth noting alongside the wider gap to fair value.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Magnolia Oil & Gas price vs fair value

$34.25$23.71Sep ’25Mar ’26Sep ’26
Close $23.71200-day averageGekko Fair Value $34.25

Magnolia Oil & Gas quick facts

Market cap
$5.62B
P/E ratio
10.5
Forward P/E
9.2
EPS, TTM
$2.29
Revenue, TTM
$1.48B
Profit margin
28.8%
Dividend yield
2.67%
Beta
0.70
Volume
4.76M avg 4.28M
1-year return
−4.4%
Typical daily move
±4.1%
Typical 20-day move
±5.7%
50-day average
$25.99
200-day average
$26.73
Next earnings
Nov 4
Shares outstanding
269.2M
52-week range
$21.07$32.76

Magnolia Oil & Gas swing-trade checklist

Magnolia Oil & Gas scores 5 supportive, 0 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

5 supportive0 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $23.71 is below the 50-day ($25.99) and 200-day ($26.73) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    67.2, Accumulation

    Reading 67.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    30.8% below

    Price is 30.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 2 open-market insider purchases.

    See smart money
  • Earnings risksupportive

    Reports in 36 days

    Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +10.9% on average

    From this point in the calendar, the next 20 trading days averaged +10.9% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Magnolia Oil & Gas stock chart and price history

Magnolia Oil & Gas closed at $23.71 on Sep 28, 2026, −4.4% over the past year, inside a 52-week range of $21.07 to $32.76.

Close50-day average200-day averageVolume
Magnolia Oil & Gas share price, past year, with 50-day and 200-day moving averages and volume$25$30NovDecJan 2026FebMarAprMayJunJulAugSep23.71

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−11.0%
3 months
−7.9%
6 months
−26.7%
1 year
−4.4%
The full MGY chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MGY in Gekko

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Magnolia Oil & Gas GekkoIndex: the smart money zone

Magnolia Oil & Gas’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67.2, in the Accumulation zone, down 0.5 points over five sessions.

010067.2Accumulation

Down 0.5 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying23+2.5%+4.3%+5.8%+8.5%
Accumulation (current zone)205+1.4%+1.8%+2.9%+3.9%
Neutral399−0.4%−0.5%−0.4%0.0%
Distribution40+1.0%+2.1%+4.0%+6.5%
Selling5Too few readings yet

Average MGY share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the MGY price, zone by zone.Track MGY in Gekko

Is Magnolia Oil & Gas stock overvalued? Gekko Fair Value

Magnolia Oil & Gas trades 30.8% below Gekko Fair Value of $34.25, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Magnolia Oil & Gas shares are worth, recalculated every trading day.

$34.25

Gekko Fair Value, Sep 26, 2026

30.8% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open MGY in Gekko

Magnolia Oil & Gas insider and Congress trading

Insiders filed 2 open-market purchases in Magnolia Oil & Gas worth $323K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$323Kin 2 open-market purchases

FiledInsiderTypeSharesValue
Aug 11Ralph Lewis Ropp
Director
Purchase5,000$123K
Aug 11David M. Khani
Director
Purchase8,000$200K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in MGY were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for MGY, plotted on the chart in Gekko.Open MGY in Gekko

Buybacks

Magnolia Oil & Gas has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$49.33M
As a share of market cap
0.88%
Trailing four quarters
$206.9M

From company filings.

Hedge funds and billionaires quarter ended Dec 31

0of the funds Gekko tracks hold MGY.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Magnolia Oil & Gas earnings: next date and track record

Magnolia Oil & Gas reports on Nov 4, 2026 (36 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±2.6%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−0.1%Oct ’24+3.1%Feb ’25−1.0%Apr ’25−3.2%Jul ’25−1.5%Oct ’25+2.3%Feb ’26−8.8%May ’26+0.7%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Magnolia reported a strong second quarter with robust financial and operating performance driven by production growth and higher oil/NGL prices. Key metrics included adjusted net income of ~$184M ($0.99/share), adjusted EBITDAX of $370M, free cash flow of $235M, 51% pretax adjusted operating margins, and drilling & completion capital of $125M (34% reinvestment rate). Management emphasized disciplined capital allocation, returning capital via dividends and share repurchases (1.7M shares in the quarter), and low reinvestment rates. Management discussed the pending Wildfire Energy acquisition, expecting meaningful synergies (including an acquired sand mine), a blended development plan with roughly even Eagle Ford and Austin Chalk activity, and opportunities to pick up additional working interests within the combined footprint. Management plans to resume repurchases (no material nonpublic information remains) and prioritize rapid deleveraging post-close, targeting leverage around or below ~1x by end of next year (potentially sooner). Q&A responses were generally confident and constructive, while management noted the acquisition is not closed and that it will take time to realize the full upside across the large Wildfire footprint.
Guidance
- Intention to reduce consolidated leverage to roughly ~1x (or less) by the end of next year, potentially sooner. - Management expects a roughly even blend of Eagle Ford and Austin Chalk development post-acquisition (uplift in Chalk development versus Wildfire's historical activity). - Company to resume share repurchases immediately; will prioritize debt paydown and return capital (dividends/share buybacks) depending on performance. - Production guidance implicitly increased from ~5% to ~6% YoY (per discussion; Giddings drove the increase).
Risks flagged
- Acquisition of Wildfire Energy has not closed yet; integration risks and timing uncertainties remain. - Large, 1.25 million net acre combined footprint will require time to evaluate and develop; limited prior testing in some Chalk areas. - Commodity price exposure and leverage dynamics; although management plans deleveraging, future cash flows depend on prices. - Potential competition for nearby working interests/bolt-ons; execution risk capturing synergies and sand mine benefits.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$0.99
est $0.90
+10.0%$478.8M
est $458.1M
+4.5%+0.7%
May 6, 2026$0.54
est $0.52
+3.8%$358.5M
est $349.9M
+2.5%−8.8%
Feb 5, 2026$0.37
est $0.36
+2.8%$317.6M
est $313.6M
+1.3%+2.3%
Oct 29, 2025$0.41
est $0.41
0.0%$324.9M
est $322.2M
+0.9%−1.5%
Jul 30, 2025$0.42
est $0.40
+5.0%$319.0M
est $318.8M
+0.1%−3.2%
Apr 30, 2025$0.52
est $0.53
−1.9%$350.3M
est $342.5M
+2.3%−1.0%
Feb 18, 2025$0.48
est $0.45
+6.4%$326.6M
est $327.4M
−0.2%+3.1%
Oct 30, 2024$0.53
est $0.48
+10.4%$333.1M
est $330.7M
+0.7%−0.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Magnolia Oil & Gas stock forecast and analyst price targets

Analysts’ average 12-month price target for Magnolia Oil & Gas is $33.18, +39.9% from the last close, from 15 firms rating the stock in the last 90 days.

$33.18consensus 12-month target, +39.9% from the last close
Low $26High $38
Buy12
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 15 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 24Roth MKMBuy, maintained——
Sep 23Siebert Williams Shank & CoBuy, upgraded$32+35.0%
Sep 21Truist FinancialBuy, reiterated$34+43.4%
Sep 16Clear StreetBuy, reiterated$37+56.1%
Sep 11UBSBuy, maintained$34+43.4%
+2.9%average 20-day move after past Accumulation readings
+10.9%average move over the next 20 trading days in the last 5 years
±4.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Magnolia Oil & Gas seasonality: the next 20 trading days

Over the next 20 trading days from Sep 26, Magnolia Oil & Gas averaged +10.9% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+22.1%2021+37.4%2022−1.2%2023+9.1%2024−7.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.9%3 of 5
Next 10 trading days+6.5%4 of 5
Next 15 trading days+8.1%4 of 5
Next 20 trading days+10.9%3 of 5
Next 30 trading days+12.2%3 of 5

For scale, MGY’s typical 20-trading-day move in either direction is about 5.7%.

Magnolia Oil & Gas market cap and key statistics

Magnolia Oil & Gas’s market cap is $5.62B, with a P/E ratio of 10.5 and revenue of $1.48B over the last twelve months.

Valuation

Market cap
$5.62B
P/E ratio
10.5
Forward P/E
9.2
EPS, TTM
$2.29
Gekko Fair Value
$34.25

Trading

Volume
4.76M
Avg volume, 20 days
4.28M
52-week high
$32.76
52-week low
$21.07
Shares outstanding
269.2M

Financials

Revenue, TTM
$1.48B
Profit margin
28.8%
Return on equity
20.8%
Quarterly earnings growth, YoY
+136.6%

Risk and income

Beta
0.70
Typical daily move
±4.1%
Typical 20-day move
±5.7%
Dividend yield
2.67%

Magnolia Oil & Gas peers

Magnolia Oil & Gas’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
COPConocoPhillips−2.6%Accumulation41.2% below
FANGDiamondback Energy−2.8%Accumulation6.0% above
ARAntero Resources−2.0%Accumulation28.4% below
RRCRange Resources−1.8%Accumulation7.3% below
SMSM Energy−2.7%Accumulation5.2% above
MURMurphy Oil−1.2%Accumulation5.6% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Magnolia Oil & Gas stock FAQ

What is Magnolia Oil & Gas’s market cap?

Magnolia Oil & Gas’s market cap is $5.62B at the Sep 28, 2026 close of $23.71, with 269.2M shares outstanding. The shares trade on a P/E ratio of 10.5.

What is the Magnolia Oil & Gas stock forecast?

The consensus analyst 12-month price target for Magnolia Oil & Gas is $33.18, +39.9% from the last close. Of the 15 firms that rated the stock in the last 90 days, 12 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Magnolia Oil & Gas stock overvalued or undervalued?

On Gekko’s estimate Magnolia Oil & Gas is undervalued: the Sep 28, 2026 close of $23.71 is 30.8% below Gekko Fair Value of $34.25. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Magnolia Oil & Gas report earnings next?

Magnolia Oil & Gas is expected to report on Nov 4, 2026 (36 days away). Analysts expect earnings of $0.60 per share on revenue of $411.1M. Magnolia Oil & Gas beat the earnings estimate in 6 of its last 8 reports, moving 2.6% on average across the report.

What is Magnolia Oil & Gas’s 52-week high and low?

Magnolia Oil & Gas’s 52-week high is $32.76 and its 52-week low is $21.07; it closed at $23.71 on Sep 28, 2026, −4.4% over the past year.

Is Magnolia Oil & Gas stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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