Magnolia Oil & Gas Corp (MGY) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Magnolia Oil & Gas Corp (MGY) stock forecast summary
On Oct. 16, 2026, MGY is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5172 stocks scored that day.
Magnolia Oil & Gas Corp is a mid-cap company with a market capitalization of $6.01B. It ranks number 24 by market capitalization among the 60 Crude Petroleum & Natural Gas issuers in our coverage with a current forecast.
For MGY, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 34.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 22.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How MGY ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Magnolia Oil & Gas Corp (MGY) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Crude Petroleum & Natural Gas peers listed below that report each metric.
Valuation & Market
| Metric | MGY | Rank |
|---|---|---|
| Market Cap | $6.01B | 24/60 |
| P/E Ratio | 14.49x | 12/41 |
| P/B Ratio | 2.80x | 5/39 |
| Dividend Yield | 1.95% | 18/24 |
| EPS | $1.75 | – |
| Book Value/Share | $9.06 | – |
| Revenue/Share | $6.25 | – |
Profitability & Margins
| Metric | MGY | Rank |
|---|---|---|
| ROE | 19.8% | 12/34 |
| ROA | 13.6% | 9/36 |
| ROIC | 19.9% | 8/36 |
| Operating Margin | 38.0% | 11/40 |
| Net Margin | 28.8% | 7/36 |
| EBT Margin | 36.3% | 8/48 |
| Tax Rate | 19.6% | – |
Financial Health
| Metric | MGY | Rank |
|---|---|---|
| Current Ratio | 1.58x | 13/54 |
| D/E Ratio | 0.46x | 44/49 |
| Financial Leverage | 1.46x | 39/43 |
| Interest Coverage | 16.9x | 10/40 |
| Working Capital | $180M | 11/54 |
Cash Flow
| Metric | MGY | Rank |
|---|---|---|
| Operating Cash Flow | $1.04B | 26/54 |
| OCF Growth YoY | 20.1% | 21/49 |
Operational Efficiency
| Metric | MGY | Rank |
|---|---|---|
| Asset Turnover | 0.47x | 14/43 |
| Receivables Turnover | 9.3x | 21/43 |
| Days Sales Outstanding | 39 days | 23/43 |
Income Statement
| Metric | MGY | Rank |
|---|---|---|
| Total Revenue | $1.48B | 34/53 |
| Operating Income | $563M | 22/43 |
| Net Income | $426M | 23/39 |
Dividend & Shareholder Information
| Metric | MGY | Rank |
|---|---|---|
| Dividends Per Share | $0.49 | – |
| Payout Ratio | 28.0% | 10/19 |
| Shares Outstanding | 237M | – |
| Net Income Growth | 16.2% | 16/29 |
| EPS Growth | -8.8% | 19/35 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $489M | 15.6% of assets |
| Cash & Short-term Investments | $296M | 9.4% of assets |
| Accounts Receivable | $159M | 5.1% of assets |
| Total Liabilities | $994M | 31.7% of assets |
| Short-term Debt | $135M | 4.3% of assets |
MGY quarterly financials and insider trading
Magnolia Oil & Gas Corp (MGY) industry peers
Companies classified under the same SEC industry code as Magnolia Oil & Gas Corp (Crude Petroleum & Natural Gas): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| MGY Magnolia Oil & Gas Corp | ▶ | $6.01B |
| SHEL Shell Plc | ▼ | $307.91B |
| TTE Totalenergies Se | ▼ | $201.55B |
| PBR Petrobras - Petroleo Brasileiro Sa | ▶ | $167.55B |
| CNQ Canadian Natural Resources Ltd | ▼ | $111.99B |
| E Eni Spa | ▼ | $97.06B |
| EOG Eog Resources Inc | ▶ | $82.88B |
| OXY Occidental Petroleum Corp /De/ | ▼ | $62.36B |
| CVE Cenovus Energy Inc. | ▶ | $62.04B |
| FANG Diamondback Energy, Inc. | ▲ | $57.11B |
| DVN Devon Energy Corp/De | ▼ | $55.80B |
| WDS Woodside Energy Group Ltd | ▼ | $44.94B |
| EC Ecopetrol S.A. | ▶ | $36.80B |
| EQT Eqt Corp | ▼ | $33.97B |
| EXE Expand Energy Corp | ▼ | $22.24B |
| PR Permian Resources Corp | ▶ | $20.60B |
| OVV Ovintiv Inc. | ▶ | $19.10B |
| APA Apa Corp | ▼ | $17.22B |
| AR Antero Resources Corp | ▼ | $11.88B |
| SSL Sasol Ltd | ▲ | $10.62B |
| RRC Range Resources Corp | ▼ | $10.10B |
| SM Sm Energy Co | ▶ | $9.40B |
| CHRD Chord Energy Corp | ▶ | $8.45B |
| MTDR Matador Resources Co | ▼ | $7.12B |
| MUR Murphy Oil Corp | ▶ | $5.98B |
| CRGY Crescent Energy Co | ▲ | $5.65B |
| CNX Cnx Resources Corp | ▶ | $5.31B |
| CRC California Resources Corp | ▶ | $4.54B |
| PARR Par Pacific Holdings, Inc. | ▲ | $4.18B |
| CRK Comstock Resources Inc | ▶ | $4.11B |
| HESM Hess Midstream Lp | ▲ | $3.94B |
| BSM Black Stone Minerals, L.P. | ▼ | $3.40B |
| TALO Talos Energy Inc. | ▶ | $2.97B |
| GPOR Gulfport Energy Corp | ▼ | $2.94B |
| NOG Northern Oil & Gas, Inc. | ▶ | $2.89B |
| BKV Bkv Corp | ▼ | $2.51B |
| VET Vermilion Energy Inc. | ▼ | $2.02B |
| MNR Mach Natural Resources Lp | ▶ | $1.85B |
| KRP Kimbell Royalty Partners, Lp | ▼ | $1.83B |
| KOS Kosmos Energy Ltd. | ▲ | $1.66B |
| GFR Greenfire Resources Ltd. | ▲ | $1.58B |
| DMLP Dorchester Minerals, L.P. | ▼ | $1.49B |
| AESI Atlas Energy Solutions Inc. | ▲ | $1.23B |
| TBN Tamboran Resources Corp | ▶ | $1.10B |
| REPX Riley Exploration Permian, Inc. | ▶ | $1.08B |
| DEC Diversified Energy Co | ▶ | $1.05B |
| INR Infinity Natural Resources, Inc. | ▶ | $814M |
| OBE Obsidian Energy Ltd. | ▲ | $805M |
| TTI Tetra Technologies Inc | ▶ | $788M |
| TXO Txo Partners, L.P. | ▶ | $787M |
| VTS Vitesse Energy, Inc. | ▶ | $768M |
| GPRK Geopark Ltd | ▶ | $761M |
| GRNT Granite Ridge Resources, Inc. | ▶ | $719M |
| EGY Vaalco Energy Inc /De/ | ▲ | $652M |
| SOC Sable Offshore Corp. | ▼ | $637M |
| WHK Whitehawk Minerals Corp. | ▼ | $597M |
| WTI W&T Offshore Inc | ▲ | $574M |
| SD Sandridge Energy Inc | ▼ | $529M |
| GTE Gran Tierra Energy Inc. | ▶ | $386M |
| REI Ring Energy, Inc. | ▶ | $357M |
Where MGY sits on the market map
Magnolia Oil & Gas Corp (MGY) stock news
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Magnolia Oil & Gas Corp (MGY) stock forecast FAQ
What is the Magnolia Oil & Gas Corp (MGY) stock forecast?
On Oct. 16, 2026, MGY is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5172 stocks scored that day.
How accurate are Magnolia Oil & Gas Corp stock predictions?
For MGY, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 34.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 22.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Magnolia Oil & Gas Corp forecasts updated?
Magnolia Oil & Gas Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Magnolia Oil & Gas Corp's industry peers?
60 issuers in our coverage, MGY included, share the SEC industry code Crude Petroleum & Natural Gas. The largest are: Shell Plc (SHEL), Totalenergies Se (TTE), Petrobras - Petroleo Brasileiro Sa (PBR), Canadian Natural Resources Ltd (CNQ), Eni Spa (E), Eog Resources Inc (EOG).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.