Magnolia Oil & Gas Corporation Class A Stock News

Magnolia Oil & Gas Corporation (NYSE:MGY ) Q4 2024 Results Conference Call February 19, 2025 11:00 AM ET Company Participants Tom Fitter - Investor Relations Chris Stavros - President & Chief Executive Officer Brian Corales - Senior Vice President & Chief Financial Officer Conference Call Participants Neal Dingmann - Truist Securities Oliver Huang - TPH Zach Parham - JPMorgan Noah Hungness - Ba...

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces 2024 Fourth Quarter and Year End Results.

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces 15 Percent Dividend Increase.

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Fourth Quarter and Full Year 2024 Results.

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Appoints R. Lewis Ropp to its Board of Directors.

Magnolia's Q3 2024 total production was in-line with expectations despite some third-party midstream issues. Magnolia's oil production has been tracking a bit above expectations, and it now should finish 2024 with low-double digits growth compared to 2023. Magnolia's recent note offering pushes its note maturity to 2032, and it has no credit facility debt and more than $250 million in cash on h...

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $400 Million Senior Notes.

Magnolia Oil and Gas, a $5.4 billion market cap company that produces from fields in south and southeast Texas, pays a 1.9% dividend and is buying back shares. Although it could be a takeover candidate, Magnolia is ranked a hold because it's at the top of its 52-week range, pays a small dividend, and has non-trivial short interest. The company is well-operated and conservatively run, with relat...