MGY

Magnolia Oil & Gas Corporation

September 16, 2026 · intraday

Rarity

2.02

Peak move

−8.62%

Float cap

$5.1B

Magnolia Oil & Gas Corporation is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid reserves. Its properties are located primarily in the Karnes and Giddings areas in South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations.

• analyst_ratingSep 16 · 06:30 ET

  Zacks Research upgraded Magnolia Oil & Gas (NYSE:MGY) to 'strong-buy' from 'hold' and Zacks added MGY to its Rank #1 (Strong Buy) list, noting the consensus current-year earnings estimate rose 13.2% over the prior 60 days; consensus counts 2 Strong Buy, 10 Buy and 6 Hold ratings with an average 'Moderate Buy' and a $31.71 consensus target.

  Webmarketbeat.com
• shelf_registrationSep 15 · 17:11 ET

  Magnolia Oil & Gas filed an automatic shelf registration statement covering up to $884,294,380 of equity securities.

  SECS-3ASR 0001104659-26-107975
• Key eventanalyst_ratingSep 15 · 15:35 ET

  Zacks published a bullish note rating Magnolia Oil & Gas (MGY) Outperform, citing Q2 2026 production growth of 8% year over year, 2026 guidance raised to 6%, $234.6 million of free cash flow, $80.1 million returned to shareholders, and a 9% dividend increase tied to the WildFire acquisition.

  Websharewise.com
• Key eventshelf_registrationSep 15

  Magnolia Oil & Gas filed an automatic shelf registration statement (Form S-3ASR) with the SEC on Sept 15, 2026 as a well-known seasoned issuer, registering up to 32,203,000 Class A shares for resale by selling stockholders including Kayne Private Energy Income Funds, issued as part of the WildFire acquisition consideration.

  Webebs.publicnow.comWebin.investing.com
• analyst_ratingSep 15

  Zacks Equity Research added Magnolia Oil & Gas Corporation (MGY) to its Zacks Rank #1 (Strong Buy) list on September 15, 2026, noting the Zacks Consensus Estimate for current-year earnings rose 13.2% over the prior 60 days.

  Weben.globes.co.ilWebca.finance.yahoo.comWebmetatrader.com
• Key eventanalyst_ratingSep 15

  Magnolia Oil & Gas shares closed at $28.55 on September 15, 2026, up 3.4%, after the company completed its $4.06 billion WildFire Energy acquisition.

  Webgurufocus.com
• acquisition_acquirerSep 14 · 16:10 ET

  Magnolia Oil & Gas closed its acquisition of WildFire Energy on September 10, 2026 for approximately $4.06 billion, including $2,570 million cash, 32,203,000 shares of common stock, and assumption of the target's $600.0 million 7.500% senior notes due 2029, adding about 810,000 net acres and roughly 53 Mboe/d in the Giddings field; a closing press release was furnished under Item 7.01.

  SEC8-K 0001104659-26-107498Websec.govSEC8-K 0001104659-26-107498
• debt_financingSep 14 · 16:10 ET

  Magnolia Oil & Gas assumed the target's $600.0 million 7.500% senior notes due 2029 via a supplemental indenture and made Magnolia Midstream LLC a guarantor of its 6.875% senior notes due 2032 and 6.625% senior notes due 2034 under supplemental indentures with Regions Bank.

  SEC8-K 0001104659-26-107498
• debt_financingSep 14

  Magnolia Oil & Gas reported in a September 14, 2026 Form 8-K the creation of a direct financial obligation tied to the WildFire closing, including assumption of $600 million of 7.500% senior notes due 2029 and borrowings under its amended $2.25 billion RBL facility.

  Websec.gov