MGY
Price:
$28.79
Market Cap:
$5.50B
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
According to Magnolia Oil & Gas Corporation’s latest financial reports and current stock price. The company's current ROE is 21.29%. This represents a change of 299.65% compared to the average of 5.33% of the last 4 quarters.
The mean historical ROE of Magnolia Oil & Gas Corporation over the last ten years is -17.60%. The current 21.29% ROE has changed -220.98% with respect to the historical average. Over the past ten years (40 quarters), MGY's ROE was at its highest in in the February 2017 quarter at 383.11%. The ROE was at its lowest in in the March 2020 quarter at -225.89%.
Average
-17.60%
Median
19.16%
Minimum
-340.95%
Maximum
68.53%
Discovering the peaks and valleys of Magnolia Oil & Gas Corporation ROE, 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 = 730.98%
Maximum Annual ROE = 68.53%
Minimum Annual Increase = -7223.73%
Minimum Annual ROE = -340.95%
Year | ROE | Change |
---|---|---|
2023 | 22.95% | -59.53% |
2022 | 56.71% | -17.24% |
2021 | 68.53% | -120.10% |
2020 | -340.95% | -7223.73% |
2019 | 4.79% | -68.85% |
2018 | 15.37% | -45.93% |
2017 | 28.42% | 730.98% |
The current ROE of Magnolia Oil & Gas Corporation (MGY) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
49.40%
5-year avg
-37.59%
10-year avg
-17.60%
Magnolia Oil & Gas Corporation’s ROE is less than SM Energy Company (21.79%), less than Civitas Resources, Inc. (15.20%), less than Range Resources Corporation (12.57%), less than Callon Petroleum Company (4.75%), less than Matador Resources Company (20.76%), less than Hess Corporation (26.29%), less than Marathon Oil Corporation (11.82%), less than Chord Energy Corporation (13.54%), less than Earthstone Energy, Inc. (10.23%), less than PDC Energy, Inc. (51.59%), less than SilverBow Resources, Inc. (17.54%), less than Vital Energy, Inc. (16.29%), less than Permian Resources Corporation (13.36%), less than Ring Energy, Inc. (13.88%), greater than Comstock Resources, Inc. (-2.68%), less than Obsidian Energy Ltd. (6.99%),
Company | ROE | Market cap |
---|---|---|
21.79% | $5.27B | |
15.20% | $5.10B | |
12.57% | $8.62B | |
4.75% | $2.38B | |
20.76% | $7.60B | |
26.29% | $45.80B | |
11.82% | $15.97B | |
13.54% | $8.22B | |
10.23% | $2.98B | |
51.59% | $0 | |
17.54% | $940.37M | |
16.29% | $1.25B | |
13.36% | $13.02B | |
13.88% | $317.11M | |
-2.68% | $4.43B | |
6.99% | $446.91M |
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