MGY's $4.06B WildFire Deal Could Reshape Its Growth and Risk Profile
Magnolia Oil & Gas' $4.06B WildFire deal can sharply expand Giddings' scale, oil exposure and inventory, while adding leverage and dilution risks.
MGY - Magnolia Oil & Gas Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$34.00
DETAILS
HIGH:
$38.00
LOW:
$29.00
MEDIAN:
$33.50
CONSENSUS:
$34.00
UPSIDE:
27.56%
Stock News
Why Magnolia Oil & Gas Corp (MGY) is a Top Momentum Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Magnolia Beats Q2 Earnings on Higher Volumes and Price Realization
MGY beats Q2 estimates as higher oil and NGL prices and rising production lift profit and revenues, while 2026 output guidance increases.
Magnolia Oil & Gas Q2 Earnings Call Highlights
Magnolia Oil & Gas NYSE: MGY reported record quarterly production in the second quarter of 2026, raised its full-year standalone production-growth outlook and provided additional details on its pending acquisition of WildFire Energy.
Magnolia Oil & Gas Corporation (MGY) Q2 2026 Earnings Call Transcript
Magnolia Oil & Gas Corporation (MGY) Q2 2026 Earnings Call Transcript
Magnolia Oil & Gas Corp $MGY Shares Acquired by California State Teachers Retirement System
California State Teachers Retirement System boosted its position in shares of Magnolia Oil and Gas Corp (NYSE: MGY) by 26.3% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 211,468 shares of the company's stock after buying an additional 44,038 shares during
Here's What Key Metrics Tell Us About Magnolia Oil & Gas Corp (MGY) Q2 Earnings
The headline numbers for Magnolia Oil & Gas Corp (MGY) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Magnolia Oil & Gas Corp (MGY) Surpasses Q2 Earnings and Revenue Estimates
Magnolia Oil & Gas Corp (MGY) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.9 per share. This compares to earnings of $0.43 per share a year ago.
Magnolia Oil & Gas Corporation Announces Second Quarter 2026 Results
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation Announces Second Quarter 2026 Results.
Magnolia Oil & Gas (NYSE:MGY) and Topaz Resources (OTCMKTS:TOPZ) Head-To-Head Analysis
Topaz Resources (OTCMKTS:TOPZ - Get Free Report) and Magnolia Oil and Gas (NYSE: MGY - Get Free Report) are both energy companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, profitability, earnings, risk and analyst recommendations. Profitability This table compares Topaz Resources
Magnolia Oil & Gas Board Declares Previously Announced 9 Percent Dividend Increase
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Board Declares Previously Announced 9 Percent Dividend Increase.
First Trust Advisors LP Purchases 101,178 Shares of Magnolia Oil & Gas Corp $MGY
First Trust Advisors LP grew its position in shares of Magnolia Oil and Gas Corp (NYSE: MGY) by 11.6% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 976,356 shares of the company's stock after buying an additional 101,178 shares during the
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Boston Scientific, Clorox, CrowdStrike, Exxon Mobil, Honeywell International, Intuit, Intuitive Surgical, Levi Strauss, and More
Wall Street analysts are busy reshuffling their ratings ahead of the Fed meeting, with surprise double-upgrades, dramatic target cuts, and fresh initiations spanning surgical robots to cybersecurity. Find out which names made the biggest moves today.
Magnolia Oil & Gas Corp $MGY Shares Purchased by Entropy Technologies LP
Entropy Technologies LP grew its position in shares of Magnolia Oil and Gas Corp (NYSE: MGY) by 51.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,810 shares of the company's stock after buying an additional 27,756 shares
Will Magnolia Oil & Gas Corp (MGY) Beat Estimates Again in Its Next Earnings Report?
Magnolia Oil & Gas Corp (MGY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Magnolia Oil & Gas Operating LLC Announces Pricing of Offering of $500 Million Senior Notes
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Operating LLC Announces Pricing of Offering of $500 Million Senior Notes.
Magnolia to Acquire WildFire Energy in $4.06B Strategic Deal
MGY's $4.06 billion WildFire deal expands its Giddings footprint, boosts free cash flow potential and supports higher dividends with major synergy opportunities.
Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $500 Million Senior Notes
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Operating LLC Announces Proposed Offering of $500 Million Senior Notes.
Magnolia Oil & Gas Bets Big on Eagle Ford With $4.06B WildFire Deal
Magnolia Oil and Gas (NYSE: MGY) said it has agreed to acquire WildFire Energy for approximately $4.06 billion, a transaction management described as a strategic bolt-on that will substantially expand Magnolia's position in the Giddings field and create what it called the premier Eagle Ford/Austin Chalk operator in South Texas. Chris Stavros, Magnolia's Chairman, President and
Magnolia Oil & Gas to acquire WildFire Energy for $4B
Magnolia Oil & Gas Corporation (NYSE: MGY) shares fell about 3% on Tuesday after the company announced a definitive agreement to acquire private equity-backed WildFire Energy for approximately $4 billion. The transaction, which has been unanimously approved by Magnolia's board of directors, is expected to expand the company's position in South Texas and more than double its footprint in the Giddings field.
Price Targets
Magnolia Oil & Gas upgraded to Accumulate from Hold at Johnson Rice
$32.00
(was $26.58)
Charles Meade
·
Johnson Rice
Magnolia Oil & Gas price target raised to $36 from $31 at Wells Fargo
$36.00
(was $26.36)
Wells Fargo
KeyBanc Reiterates Overweight Rating on Magnolia Oil & Gas Corp. (MGY)
$38.00
(was $26.20)
Tim Rezvan
·
KeyBanc
Magnolia Oil & Gas price target raised to $37 from $36 at Susquehanna
$37.00
(was $26.01)
Charles Minervino
·
Susquehanna
Magnolia Oil & Gas upgraded to Buy from Hold at Truist
$33.00
(was $24.02)
Truist Financial
Magnolia Oil & Gas price target lowered to $29 from $30 at Roth Capital
$29.00
(was $25.76)
Roth Capital
Magnolia Oil & Gas Corp. (MGY) PT Lowered to $33 at Mizuho
$33.00
(was $25.09)
Nitin Kumar
·
Mizuho Securities
Magnolia Oil & Gas price target raised to $36 from $35 at Susquehanna
$36.00
(was $24.59)
Susquehanna
Magnolia Oil & Gas price target lowered to $34 from $38 at UBS
$34.00
(was $25.87)
UBS
Magnolia Oil & Gas price target lowered to $32 from $34 at Truist
$32.00
(was $25.52)
Truist Financial
Magnolia Oil & Gas upgraded to Buy from Neutral at Roth Capital
$31.00
(was $26.41)
Leo Mariani
·
Roth Capital
Magnolia Oil & Gas price target raised to $35 from $33 at Mizuho
$35.00
(was $28.15)
Mizuho Securities
Magnolia Oil & Gas price target lowered to $31 from $32 at Wells Fargo
$31.00
(was $28.64)
Hanwen Chang
·
Wells Fargo
Magnolia Oil & Gas price target raised to $34 from $33 at Truist
$34.00
(was $29.64)
Truist Financial
Magnolia Oil & Gas price target raised to $32 from $25 at Wells Fargo
$32.00
(was $29.81)
Wells Fargo
Magnolia Oil & Gas price target raised to $25 from $22 at Wells Fargo
$25.00
(was $26.78)
Wells Fargo
Magnolia Oil & Gas price target raised to $26 from $23 at Goldman Sachs
$26.00
(was $26.65)
Goldman Sachs
Magnolia Oil & Gas price target raised to $26 from $23 at Piper Sandler
$26.00
(was $27.27)
Piper Sandler
Magnolia Oil & Gas price target raised to $30 from $29 at KeyBanc
$30.00
(was $26.99)
KeyBanc
Magnolia Oil & Gas price target raised to $30 from $29 at Mizuho
$30.00
(was $26.21)
Mizuho Securities