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Magnolia Oil & Gas Slides as Crude Weakness Offsets Solid Quarterly Results

Investivoq PriceTracker

Magnolia Oil & Gas (MGY) is down 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a mix of broad oil-price weakness and some investor caution after Magnolia’s recent quarterly update. The company posted strong third-quarter results and highlighted early progress from the WildFire acquisition, but the stock may be under pressure as lower crude prices and the company’s higher debt load following the deal temper enthusiasm.

Details:

  • Magnolia’s third-quarter revenue rose to about $514 million, while total production reached 117.3 Mboe/d and oil production climbed 24% from a year earlier.
  • The company guided fourth-quarter production to 159-161 Mboe/d and said it expects 2027 oil and total production growth of 4% to 5%.
  • Management said net debt stood near $1.9 billion at the end of the third quarter after the WildFire transaction, even as it emphasized a faster-than-planned path to deleveraging.
  • This could also be because crude prices fell sharply on November 9, which often pressures exploration and production stocks even when company-specific operating results are solid.

    • Sources:

    Magnolia Oil & Gas, SEC, Associated Press

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $MGY Insider Trading Activity

    MGY Insider Trades

    $MGY insiders have traded $MGY stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

    Here’s a breakdown of recent trading of $MGY stock by insiders over the last 6 months:

    • DAVID M. KHANI purchased 8,000 shares for an estimated $200,000
    • RALPH LEWIS ROPP purchased 5,000 shares for an estimated $123,125
    • SHANDELL SZABO purchased 86 shares for an estimated $2,359

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $MGY Hedge Fund Activity

    We have seen 235 institutional investors add shares of $MGY stock to their portfolio, and 190 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 3,634,858 shares (+235.2%) to their portfolio in Q2 2026, for an estimated $92,979,667
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,618,204 shares (+inf%) to their portfolio in Q2 2026, for an estimated $66,973,658
    • BLACKROCK, INC. added 2,481,070 shares (+8.4%) to their portfolio in Q2 2026, for an estimated $63,465,770
    • DEPRINCE RACE & ZOLLO INC added 2,115,127 shares (+inf%) to their portfolio in Q3 2026, for an estimated $49,684,333
    • REAVES W H & CO INC added 2,025,000 shares (+inf%) to their portfolio in Q3 2026, for an estimated $47,567,250
    • PRICE T ROWE ASSOCIATES INC /MD/ added 1,468,803 shares (+601.2%) to their portfolio in Q2 2026, for an estimated $37,571,980
    • ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 1,254,306 shares (-47.0%) from their portfolio in Q3 2026, for an estimated $29,463,647

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $MGY Analyst Ratings

    Wall Street analysts have issued reports on $MGY in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Roth Capital issued a "Buy" rating on 06/22/2026

    To track analyst ratings and price targets for $MGY, check out Investivoq's $MGY forecast page.

    $MGY Price Targets

    Multiple analysts have issued price targets for $MGY recently. We have seen 3 analysts offer price targets for $MGY in the last 6 months, with a median target of $32.0.

    Here are some recent targets:

    • Gabe Daoud from Truist Securities set a target price of $32.0 on 07/07/2026
    • Leo Mariani from Roth Capital set a target price of $31.0 on 06/22/2026
    • William Janela from Mizuho set a target price of $35.0 on 05/27/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.