Benzinga · Sep 8, 2026
JP Morgan Upgrades Magnolia Oil & Gas to Overweight, Raises Price Target to $33
JP Morgan analyst Arun Jayaram upgrades Magnolia Oil & Gas (NYSE:MGY) from Neutral to Overweight and raises the price target from $32 to $33.
NYSE · MGY
Magnolia Oil & Gas Corporation
Energy · Oil & Gas Exploration & Production
$26.15
Up+$0.88 (+3.48%)
Updated Oct 25, 2026, 6:11 AM
SID Score
6.9/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 4.17B
- P/E ratio
- 12.29
- Dividend yield
- 2.29%
- 52-week range
- $21.07 – $32.76
- Volume
- 2.37M
- Avg. volume
- 2.27M
Price performance · MGY
MGY price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 23, 2026
MGY closed at $26.15 after 20 trading sessions, up 10.29% for the selected period.
- Last close
- $26.15
- Period change
- +10.29%
- Period low
- $23.49
- Period high
- $26.15
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 23, 2026 | $25.49 | $26.48 | $25.25 | $26.15 | 2.37M |
| Oct 22, 2026 | $25.72 | $25.79 | $24.88 | $25.27 | 2.16M |
| Oct 21, 2026 | $25.37 | $25.55 | $25.02 | $25.43 | 1.88M |
| Oct 20, 2026 | $25.85 | $25.85 | $25.15 | $25.46 | 2.07M |
| Oct 19, 2026 | $25.23 | $25.50 | $25.105 | $25.47 | 2.11M |
| Oct 16, 2026 | $24.75 | $25.39 | $24.59 | $25.35 | 2.63M |
| Oct 15, 2026 | $25.12 | $25.12 | $24.405 | $24.52 | 2.26M |
| Oct 14, 2026 | $25.08 | $25.25 | $24.74 | $24.84 | 2.68M |
| Oct 13, 2026 | $24.52 | $25.15 | $24.46 | $25.11 | 2.82M |
| Oct 12, 2026 | $24.41 | $25.09 | $24.41 | $24.46 | 3.43M |
| Oct 9, 2026 | $24.44 | $24.825 | $24.06 | $24.10 | 4M |
| Oct 8, 2026 | $24.80 | $24.935 | $24.315 | $24.48 | 7.38M |
| Oct 7, 2026 | $24.20 | $24.345 | $23.70 | $24.33 | 4.94M |
| Oct 6, 2026 | $23.92 | $24.205 | $23.70 | $23.94 | 3.45M |
| Oct 5, 2026 | $24.00 | $24.32 | $23.63 | $24.00 | 4.86M |
| Oct 2, 2026 | $23.77 | $24.26 | $23.77 | $24.07 | 10.86M |
| Oct 1, 2026 | $23.55 | $24.28 | $23.55 | $24.07 | 6.48M |
| Sep 30, 2026 | $23.70 | $23.92 | $23.44 | $23.49 | 4.4M |
| Sep 29, 2026 | $23.21 | $23.77 | $23.15 | $23.60 | 4.72M |
| Sep 28, 2026 | $24.39 | $24.48 | $23.61 | $23.71 | 4.76M |
Latest MGY news
The latest Smart Investors Daily articles mentioning MGY.
Stock researchCompany · Overview
Company
Market Activity
Research & News
MGY research
Overview
Company profile and research snapshot.
Company profile
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $26.00
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 15, 2026 | Scotiabank | Sector Outperform | — |
| Oct 14, 2026 | Wells Fargo | Equal-Weight | — |
| Oct 2, 2026 | Truist Securities | Buy | — |
| Sep 21, 2026 | Truist Securities | Buy | — |
| Sep 8, 2026 | JP Morgan | Overweight | — |
News briefing
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Yahoo · Sep 5, 2026
Magnolia Oil & Gas (MGY) Doubles Profits While Betting Big On Growth
On August 5, Magnolia Oil & Gas (NYSE:MGY) reported second-quarter results that more than doubled profits and cash generation from a year earlier, all while the company was in the middle of financing its biggest acquisition to date. Net income came in at $181.8 million, up 124% from $81 million, and diluted earnings per share […]
Yahoo · Sep 4, 2026
Magnolia Oil & Gas (MGY) As Geopolitical Risk Fades The Undervalued Narrative Holds
The agreement to end the war between the US and Iran and reopen the Strait of Hormuz has eased geopolitical risk, removing a war-related premium that previously supported Magnolia Oil & Gas (MGY) and peers. For Magnolia Oil & Gas, the easing of geopolitical risk has taken some heat out of the trade. The recent geopolitical selloff contrasts with a 30 day share price return of 10.70% and a year to date share price return of 21.04%, while the 5 year total shareholder return of 88.11% points to...
Yahoo · Sep 4, 2026
Why Is Magnolia Oil & Gas Corp (MGY) Up 9.9% Since Last Earnings Report?
Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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