Magnolia Oil & Gas Corp Logo

Magnolia Oil & Gas Corp

An oil and gas producer focused on assets in South Texas’ Eagle Ford and Austin Chalk formations.

MGY | NYSE

Overview

Corporate Details

ISIN(s):
US5596631094
LEI:
Country:
United States of America
Address:
NINE GREENWAY PLAZA, 77046 HOUSTON
Sector:
Mining and quarrying
Industry:
Extraction of crude petroleum

Description

Magnolia Oil & Gas Corporation is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids. Its operations are concentrated in South Texas, with assets primarily located in the core of the Eagle Ford Shale and Austin Chalk formations. The company's strategy focuses on maximizing shareholder returns by generating steady production growth, strong pre-tax margins, and significant free cash flow. This approach is supported by a portfolio of premier assets, a strong balance sheet, and financial flexibility.

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Insider Transactions

Date Insider Name Position Type Shares Value
No insider transactions recorded for this company.

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