MGY - Magnolia Oil & Gas Corporation
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$29.00
DETAILS
HIGH:
$34.00
LOW:
$26.00
MEDIAN:
$29.00
CONSENSUS:
$29.00
DOWNSIDE:
0.82%
About Magnolia Oil & Gas Corporation (https://www.magnoliaoilgas.com)
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 headquartered in Houston, Texas.
Key Executives
| NAME | TITLE | DOB | SALARY |
|---|---|---|---|
| Christopher G. Stavros | President, Chief Executive Officer & Chairman | 1963 | $2,378,692 USD |
| Brian Michael Corales | Senior Vice President, Chief Financial Officer and Principal Accounting & Financial Officer | 1980 | $1,252,062 USD |
| Timothy D. Yang | Executive VP, Chief Legal and Commercial Officer, Corporate Secretary & Land | 1972 | $1,252,062 USD |
| Jim Johnson | Vice President of Finance, IR & Treasurer | – | – |
| Tom Fitter | Investor Relations Executive | – | – |