Company

Magnolia Oil & Gas Corporation

Headquarters: Houston, TX, United States

Employees: 192

CEO: Mr. Stephen I. Chazen

NYSE: MGY +1.41%

Market Cap

$5.09 Billion

USD as of Jan. 1, 2025

Market Cap History

Magnolia Oil & Gas Corporation market capitalization over time

Evolution of Magnolia Oil & Gas Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Magnolia Oil & Gas Corporation

Detailed Description

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.

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Financials

Last Financial Reports Date Sept. 30, 2024
Revenue TTM $1.31 B
EBITDA $939.0 M
Gross Profit TTM $1.10 B
Profit Margin 28.88%
Operating Margin 38.73%
Quarterly Revenue Growth 5.50%
Financial Reports & Statistics

Stocks & Indices

Magnolia Oil & Gas Corporation has the following listings and related stock indices.


Stock: NYSE: MGY wb_incandescent

Details

Headquarters:

Nine Greenway Plaza

Suite 1300

Houston, TX 77046

United States

Phone: 713 842 9050