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

Magnolia Oil & Gas logo
$22.89 -0.25 (-1.08%)
(As of 12/20/2024 05:31 PM ET)

Magnolia Oil & Gas Latest Earnings Summary

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 beat 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 11.33, Magnolia Oil & Gas' earnings are expected to grow 3.00% next year, from $2.00 to $2.06 per share.

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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 RevenueDetails
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 (NYSE:MGY) last announced its quarterly earning data on Wednesday, October 30, 2024. 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 $1.31 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 11.33 and a forward price-to-earnings ratio of 11.45. The price/earnings-to-growth ratio is 1.29.

Magnolia Oil & Gas's earnings are expected to grow from $2.00 per share to $2.06 per share in the next year, which is a 3.00% increase.

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This page (NYSE:MGY) was last updated on 12/21/2024 by MarketBeat.com Staff
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