Magnolia Oil Gas Stock Net Income
| MGY Stock | USD 25.55 0.17 0.66% |
Magnolia Oil Gas fundamentals help investors to digest information that contributes to Magnolia Oil's financial success or failures. It also enables traders to predict the movement of Magnolia Stock. The fundamental analysis module provides a way to measure Magnolia Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Magnolia Oil stock.
| Last Reported | Projected for Next Year | ||
| Net Income From Continuing Ops | 583.5 M | 612.7 M | |
| Net Income | 384 M | 403.2 M | |
| Net Income Applicable To Common Shares | 1 B | 1.1 B | |
| Net Income Per Share | 2.06 | 2.17 | |
| Net Income Per E B T | 0.71 | 1.00 |
Magnolia | Net Income |
Magnolia Oil Gas Company Net Income Analysis
Magnolia Oil's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Magnolia Oil Net Income | 383.96 M |
Most of Magnolia Oil's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magnolia Oil Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Magnolia Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Magnolia Oil is extremely important. It helps to project a fair market value of Magnolia Stock properly, considering its historical fundamentals such as Net Income. Since Magnolia Oil's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Magnolia Oil's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Magnolia Oil's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Magnolia Oil Gas reported net income of 383.96 M. This is 83.1% lower than that of the Oil, Gas & Consumable Fuels sector and 11.57% higher than that of the Energy industry. The net income for all United States stocks is 32.75% higher than that of the company.
Magnolia Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magnolia Oil's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magnolia Oil could also be used in its relative valuation, which is a method of valuing Magnolia Oil by comparing valuation metrics of similar companies.Magnolia Oil is currently under evaluation in net income category among related companies.
Magnolia Oil ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Magnolia Oil's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Magnolia Oil's managers, analysts, and investors.Environmental | Governance | Social |
Magnolia Oil Institutional Holders
Institutional Holdings refers to the ownership stake in Magnolia Oil that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Magnolia Oil's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Magnolia Oil's value.| Shares | Alliancebernstein L.p. | 2024-03-31 | 6.2 M | Silvercrest Asset Management Group Llc | 2023-12-31 | 4.7 M | Geode Capital Management, Llc | 2023-12-31 | 4.1 M | Dimensional Fund Advisors, Inc. | 2024-03-31 | 3.9 M | Gw&k Investment Management, Llc | 2023-12-31 | 3.7 M | Wasatch Advisors Lp | 2024-03-31 | 3.5 M | Stephens Inv Mgmt Group Llc | 2024-03-31 | 3.1 M | Allspring Global Investments Holdings, Llc | 2023-12-31 | 3 M | Systematic Financial Management Lp | 2023-12-31 | 2.9 M | Vanguard Group Inc | 2024-03-31 | 20.8 M | Blackrock Inc | 2023-12-31 | 18.7 M |
Magnolia Fundamentals
| Return On Equity | 0.24 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.30 % | |||
| Operating Margin | 0.39 % | |||
| Current Valuation | 4.81 B | |||
| Shares Outstanding | 180.93 M | |||
| Shares Owned By Insiders | 1.45 % | |||
| Shares Owned By Institutions | 98.55 % | |||
| Number Of Shares Shorted | 34.81 M | |||
| Price To Earning | 6.83 X | |||
| Price To Book | 2.88 X | |||
| Price To Sales | 4.44 X | |||
| Revenue | 1.23 B | |||
| Gross Profit | 1.5 B | |||
| EBITDA | 879.05 M | |||
| Net Income | 383.96 M | |||
| Cash And Equivalents | 675.44 M | |||
| Cash Per Share | 2.66 X | |||
| Total Debt | 409.55 M | |||
| Debt To Equity | 0.31 % | |||
| Current Ratio | 2.25 X | |||
| Book Value Per Share | 9.37 X | |||
| Cash Flow From Operations | 855.79 M | |||
| Short Ratio | 14.97 X | |||
| Earnings Per Share | 2.00 X | |||
| Price To Earnings To Growth | 0.46 X | |||
| Target Price | 28.47 | |||
| Number Of Employees | 247 | |||
| Beta | 2.04 | |||
| Market Capitalization | 5.18 B | |||
| Total Asset | 2.76 B | |||
| Retained Earnings | 486.16 M | |||
| Working Capital | 276.39 M | |||
| Current Asset | 889.14 K | |||
| Current Liabilities | 1.61 M | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 2.76 B | |||
| Last Dividend Paid | 0.49 |
About Magnolia Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magnolia Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnolia Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnolia Oil Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Magnolia Oil Gas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnolia Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnolia Oil Gas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnolia Oil Gas Stock:Check out Magnolia Oil Piotroski F Score and Magnolia Oil Altman Z Score analysis. Note that the Magnolia Oil Gas information on this page should be used as a complementary analysis to other Magnolia Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Magnolia Stock analysis
When running Magnolia Oil's price analysis, check to measure Magnolia Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Magnolia Oil's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnolia Oil. If investors know Magnolia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnolia Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.49 | Earnings Share 2 | Revenue Per Share 6.662 | Quarterly Revenue Growth 0.036 |
The market value of Magnolia Oil Gas is measured differently than its book value, which is the value of Magnolia that is recorded on the company's balance sheet. Investors also form their own opinion of Magnolia Oil's value that differs from its market value or its book value, called intrinsic value, which is Magnolia Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnolia Oil's market value can be influenced by many factors that don't directly affect Magnolia Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnolia Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnolia Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnolia Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.