Magnolia Oil & Gas Corp MGY Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Millican Steve

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-29,096

Price:

$23.00
Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Yang Timothy D.

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-44,091

Price:

$23.00
Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Corales Brian

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-10,949

Price:

$23.00
Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Busch Angela M

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

298

Price:

--
Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Acosta Arcilia

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

65

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Millican Steve

Ownership Type:

Direct Ownership

Securities:

Performance Share Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

28,055

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Millican Steve

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

28,055

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Corales Brian

Ownership Type:

Direct Ownership

Securities:

Performance Share Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

61,606

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Corales Brian

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

61,606

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Yang Timothy D.

Ownership Type:

Direct Ownership

Securities:

Performance Share Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

43,124

Price:

--

Filings by filing date

Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Millican Steve

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-29,096

Price:

$23.00
Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Yang Timothy D.

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-44,091

Price:

$23.00
Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Corales Brian

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-10,949

Price:

$23.00
Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Busch Angela M

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

298

Price:

--
Mar 01, 2024 (filed on Mar 05, 2024)

Insider Name:

Acosta Arcilia

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

65

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Millican Steve

Ownership Type:

Direct Ownership

Securities:

Performance Share Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

28,055

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Millican Steve

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

28,055

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Corales Brian

Ownership Type:

Direct Ownership

Securities:

Performance Share Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

61,606

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Corales Brian

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

61,606

Price:

--
Feb 13, 2024 (filed on Feb 15, 2024)

Insider Name:

Yang Timothy D.

Ownership Type:

Direct Ownership

Securities:

Performance Share Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

43,124

Price:

--

News

Biz Brief

Sector: Energy	Industry: Oil & Gas Exploration and Production

See Regulatory Filings on SEC

Company Contact

Address:	9 Greenway Plz Ste 1300 HOUSTON TX 77046-0922
Tel:	N/A
Website:	https://www.magnoliaoilgas.com
IR:	See website

Key People

Christopher G. Stavros President, Chief Executive Officer, Director	Brian M. Corales Chief Financial Officer, Senior Vice President	Timothy D. Yang Executive Vice President, General Counsel, Corporate Secretary
Steve F. Millican Senior Vice President of Operations

Business Overview

Magnolia Oil & Gas Corporation is an independent oil and natural gas company, which acquires, develops, explores and produces oil, natural gas and natural gas liquid (NGL) reserves. The Company's oil and natural gas properties are located primarily in the Karnes and Giddings areas in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. The Company's assets consist of a total leasehold position of 789,719 gross (576,504 net) acres, including 72,503 gross (50,681 net) acres in the Karnes area and 717,216 gross (525,823 net) acres in the Giddings area. The Karnes area consists of oil and natural gas assets primarily located in Karnes, Dimmit, Gonzales, and Zavala Counties, Texas, in the core of the Eagle Ford Shale. The acreage comprising the Karnes area also includes the Austin Chalk formation overlying the Eagle Ford Shale. The Giddings Assets are located in Brazos, Burleson, Fayette, Grimes, Lee, Milam, Robertson and Washington Counties, Texas.

Financial Overview

For the fiscal year ended 31 December 2023, Magnolia Oil & Gas Corp revenues decreased 28% to $1.23B. Net income decreased 57% to $388.3M. Revenues reflect Oil revenues decrease of 17% to $958.4M, Natural gas revenues decrease of 66% to $102.1M. Net income also reflects Depreciation, depletion and amortization increase of 34% to $324.8M (expense), Impairment of oil and natural gas proper increase from $0K to $15.7M (expense).

Employees:	247 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$5,237M as of Dec 31, 2023
Annual revenue (TTM):	$1,227M as of Dec 31, 2023
EBITDA (TTM):	$880.01M as of Dec 31, 2023
Net annual income (TTM):	$388.30M as of Dec 31, 2023
Free cash flow (TTM):	$342.82M as of Dec 31, 2023
Net Debt Last Fiscal Year:	N/A
Shares outstanding:	204,250,194 as of Mar 8, 2024
Index Membership:	S&P 600 Small Cap
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization