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Market Impact: 0.32

Magnolia Oil & Gas Corp (MGY) Q1 Earnings and Revenues Top Estimates

MGY
Corporate EarningsCompany FundamentalsAnalyst Estimates

Magnolia Oil & Gas reported quarterly EPS of $0.54, beating the Zacks Consensus Estimate of $0.51 by $0.03. Earnings were slightly below the $0.55 per share posted a year ago, so the update is a modest positive on the beat but otherwise broadly in line with prior performance.

Analysis

Magnolia Oil & Gas reported quarterly EPS of $0.54, beating the Zacks Consensus Estimate of $0.51 by $0.03. Earnings were slightly below the $0.55 per share posted a year ago, so the update is a modest positive on the beat but otherwise broadly in line with prior performance.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.28

Ticker Sentiment

MGY0.45