MGY Stock Summary and Trading Ideas (Magnolia Oil & Gas Class A | NYSE:MGY)

Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area of South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations. It focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its capital spending philosophy. The company operates in only one segment and derives the majority of its revenue from the sale of crude oil, natural gas, and natural gas liquids (NGLs).

What symbol and exchange does Magnolia Oil & Gas Class A shares trade?

Magnolia Oil & Gas Class A trades on the NYSE stock market under the symbol MGY.

What is Magnolia Oil & Gas Class A stock price doing today?

As of August 14, 2026, MGY stock price climbed to $26.24 with 2,479,261 million shares trading.

What is Magnolia Oil & Gas Class A's Beta?

MGY has a beta of -0.85, meaning it tends to be less sensitive to market movements. MGY has a correlation of 0.12 to the broad based SPY ETF.

How much is Magnolia Oil & Gas Class A worth?

MGY has a market cap of $6.22 billion. This is considered a Mid Cap stock.

How much money does Magnolia Oil & Gas Class A make?

Last quarter Magnolia Oil & Gas Class A reported $479 million in Revenue and $.99 earnings per share. This beat revenue expectation by $37 million and exceeded earnings estimates by $.10.

What is the highest and lowest price Magnolia Oil & Gas Class A traded in the last 3 year period?

In the last 3 years, MGY traded as high as $32.76 and as low as $19.09.

What are the top ETFs holding Magnolia Oil & Gas Class A?

The top ETF exchange traded funds that MGY belongs to (by Net Assets): IJR, AVUV, IWM, VTI, VB.

Is Magnolia Oil & Gas Class A (MGY) a good investment?

MGY has underperformed the market in the last year with a price return of +13.0% while the SPY ETF gained +21.5%. MGY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.3% and +2.8%, respectively, while the SPY returned +4.0% and +3.9%, respectively.

What are the support and resistance levels for Magnolia Oil & Gas Class A (MGY)?

MGY support price is $25.06 and resistance is $26.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGY shares will trade within this expected range on the day.