Magnolia Oil & Gas (NYSE:MGY) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 13th. Analysts expect Magnolia Oil & Gas to post earnings of $0.43 per share for the quarter.
Magnolia Oil & Gas (NYSE:MGY) last released its earnings results on Tuesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.92). On average, analysts expect Magnolia Oil & Gas to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Magnolia Oil & Gas stock opened at $12.07 on Friday. Magnolia Oil & Gas has a 1 year low of $9.66 and a 1 year high of $15.23.
A number of brokerages have recently commented on MGY. Mitsubishi UFJ Financial Group reaffirmed an “overweight” rating on shares of Magnolia Oil & Gas in a research note on Thursday, October 25th. Zacks Investment Research raised Magnolia Oil & Gas from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Wednesday, October 17th. Imperial Capital reaffirmed a “buy” rating and issued a $18.00 price target (up from $16.00) on shares of Magnolia Oil & Gas in a research note on Wednesday, August 22nd. Finally, SunTrust Banks began coverage on Magnolia Oil & Gas in a research note on Thursday, August 2nd. They issued a “buy” rating for the company.
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Magnolia Oil & Gas Company Profile
Magnolia Oil & Gas Corporation operates as an oil and gas exploration and production company. It has operations in South Texas in the core of the Eagle Ford. The company is headquartered in Houston, Texas.
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