Magnolia Oil & Gas Corporation

Magnolia Oil & Gas Corporationverified

MGY

Price:

$25.92

Market Cap:

$4.69B

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 hea...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2017-06-29

Stock Exchange

NYSE

Ticker

MGY

The PE Ratio as of July 2024 (TTM) for Magnolia Oil & Gas Corporation (MGY) is 12.96

According to Magnolia Oil & Gas Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 12.96. This represents a change of 14.37% compared to the average of 11.33 of the last 4 quarters.

Magnolia Oil & Gas Corporation (MGY) Historical PE Ratio (quarterly & annually)

How has MGY PE Ratio performed in the past?

The mean historical PE Ratio of Magnolia Oil & Gas Corporation over the last ten years is 11.20. The current 12.96 PE Ratio has changed 11.47% with respect to the historical average. Over the past ten years (40 quarters), MGY's PE Ratio was at its highest in in the June 2017 quarter at 458.63. The PE Ratio was at its lowest in in the March 2018 quarter at -133.15.

Quarterly (TTM)
Annual

Average

11.20

Median

5.85

Minimum

-0.63

Maximum

34.93

Magnolia Oil & Gas Corporation (MGY) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Magnolia Oil & Gas Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 311.36%

Maximum Annual PE Ratio = 34.93

Minimum Annual Increase = -1035.94%

Minimum Annual PE Ratio = -0.63

Quarterly (TTM)
Annual
YearPE RatioChange
202310.32109.81%
20224.92-16.35%
20215.88-1035.94%
2020-0.63-102.62%
201923.96311.36%
20185.8231.64%
20174.42-87.33%

Magnolia Oil & Gas Corporation (MGY) Average PE Ratio

How has MGY PE Ratio performed in the past?

The current PE Ratio of Magnolia Oil & Gas Corporation (MGY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.04

5-year avg

8.89

10-year avg

11.20

Magnolia Oil & Gas Corporation (MGY) PE Ratio vs. Peers

How is MGY’s PE Ratio compared to its peers?

Magnolia Oil & Gas Corporation’s PE Ratio is greater than SM Energy Company (6.96), greater than Civitas Resources, Inc. (9.32), less than Range Resources Corporation (17.17), greater than Callon Petroleum Company (5.99), greater than Matador Resources Company (8.26), less than Hess Corporation (22.77), greater than Marathon Oil Corporation (11.55), greater than Chord Energy Corporation (7.77), greater than Earthstone Energy, Inc. (4.95), greater than PDC Energy, Inc. (6.12), greater than SilverBow Resources, Inc. (5.25), greater than Vital Energy, Inc. (3.16), less than Permian Resources Corporation (17.66), greater than Ring Energy, Inc. (4.44), less than Comstock Resources, Inc. (49.70), greater than Obsidian Energy Ltd. (9.17),

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