Magnolia Oil & Gas, Corp. (MGY)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-10-29
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-10-29
Research Workspace
Put MGY beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Oil & Gas Exploration & Production is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 11% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 14%.
View QualityManagement screens strong on capital allocation, earnings delivery, margins.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 2% a day.
View RiskHealthy across the board
MGY’s acreage expansion through WildFire and capital-friendly allocation underpin the case, with earnings growth recently accelerating. Revenue growth rose from 2% year over year in Q1 FY2026 to 50% in Q2 FY2026. Q2 earnings beat estimates by 10%. MGY trades at 11× P/E versus a 19× peer median. The price reflects less growth than our forecast. A reversal of recently raised guidance would threaten credibility. Our model puts the next-quarter miss probability near 29%. Peer multiples imply a price about 15% above where it trades. Our read remains intact; this read is provisional.
Trailing returns as of 2026-10-30. MGY is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 20 analysts currently covering MGY (as of Oct 2026).
Based on 10 Wall Street analysts offering 12-month price targets for MGY in the last 4 months.
Continue this research
Compare MGY with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| MGY Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Exploration & Production — fair value, gap to price, and forward P/E.
Compare the value case
Put MGY next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Projected FCF supports disciplined capital allocation and shareholder returns.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $26.50
The last 12 months of price, then the range of analyst 12-month targets from today’s $26.50.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Advances: Strategic acquisition to expand acreage and production base
Acquisition expands acreage and production base significantly.

Advances: Strategic acquisition to expand acreage and production base
Acquisition expands acreage and production base significantly.

Advances: Strategic acquisition to expand acreage and production base
Strategic acquisition expands acreage and production base.

Advances: Maintain and grow production with 6% growth guidance for 2026
Doubling profits supports growth objectives and financial health.
