Free Trial

Magnolia Oil & Gas (MGY) Earnings Date, Estimates & Call Transcripts

Magnolia Oil & Gas logo
$28.79 +0.56 (+1.98%)
(As of 11/22/2024 ET)

Magnolia Oil & Gas Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 12Estimated
Actual EPS
(Oct. 30)
$0.52 Beat By $0.04
Consensus EPS
(Oct. 30)
$0.48

Magnolia Oil & Gas posted Q3 2024 earnings on October 30, 2024, reporting an EPS of $0.52, which topped the consensus estimate of $0.48 by $0.04. Quarterly revenue was reported to be $333.14 million, above analysts' expectations of $331.45 million. With a trailing EPS of $2.02 and a P/E Ratio of 14.25, Magnolia Oil & Gas' earnings are expected to grow 2.51% next year, from $1.99 to $2.04 per share.

MGY Upcoming Earnings

Magnolia Oil & Gas' next earnings date is estimated for Wednesday, February 12, 2025, based off prior year's reporting schedules.

Get Magnolia Oil & Gas Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Magnolia Oil & Gas and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

MGY Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGY Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Magnolia Oil & Gas Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20244$0.43$1.75$0.85
Q2 20245$0.48$0.67$0.54
Q3 20245$0.46$0.66$0.53
Q4 20245$0.41$0.70$0.51
FY 202419$1.78$3.78$2.42
Q1 20254$0.40$0.51$0.46
Q2 20254$0.37$0.48$0.44
Q3 20254$0.44$0.50$0.47
Q4 20254$0.47$0.52$0.50
FY 202516$1.68$2.01$1.87
Q1 20261$0.48$0.48$0.48
Q2 20261$0.50$0.50$0.50
Q3 20261$0.57$0.57$0.57

Magnolia Oil & Gas Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/12/2025
(Estimated)
------- 
10/30/2024Q3 2024$0.48$0.52+$0.04$0.52$331.45M$333.14M          
7/31/2024Q2 2024$0.51$0.56+$0.05$0.61$340.72M$336.73M
5/7/2024Q1 2024$0.44$0.49+$0.05$0.52$308.21M$319.42M    
2/14/2024Q4 2023$0.54$0.50 -$0.04$0.47$324.95M$322.63M    
11/1/2023Q3 2023$0.53$0.54+$0.01$0.54$318.30M$315.68M        
8/1/2023Q2 2023$0.43$0.44+$0.01$0.40$291.74M$280.29M    
5/3/2023Q1 2023$0.53$0.56+$0.03$0.62$322.86M$308.38M    
2/14/2023Q4 2022$0.76$0.86+$0.10$0.52$351.53M$349.04M    

Magnolia Oil & Gas Earnings - Frequently Asked Questions

Magnolia Oil & Gas has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, February 12th, 2025 based off last year's report dates. Learn more on MGY's earnings history.

In the previous quarter, Magnolia Oil & Gas (NYSE:MGY) reported $0.52 earnings per share (EPS) to beat the analysts' consensus estimate of $0.48 by $0.04. Learn more on analysts' earnings estimate vs. MGY's actual earnings.

The conference call for Magnolia Oil & Gas's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Magnolia Oil & Gas's latest earnings report can be read online.
Read Transcript

Magnolia Oil & Gas's earnings report can be found in their filing with the SEC.
View SEC filing

Magnolia Oil & Gas (NYSE:MGY) has a recorded annual revenue of $1.23 billion.

Magnolia Oil & Gas (NYSE:MGY) has a recorded net income of $388.30 million. MGY has generated $2.02 earnings per share over the last four quarters.

Magnolia Oil & Gas (NYSE:MGY) has a trailing price-to-earnings ratio of 14.25 and a forward price-to-earnings ratio of 14.47. The price/earnings-to-growth ratio is 1.44.

Magnolia Oil & Gas's earnings are expected to grow from $1.99 per share to $2.04 per share in the next year, which is a 2.51% increase.

`

More Earnings Resources from MarketBeat



This page (NYSE:MGY) was last updated on 11/24/2024 by MarketBeat.com Staff
From Our Partners