Magnolia Oil & Gas Corporation which can be found using ticker (MGY) have now 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 33 and 22 and has a mean target at $27.81. Given that the stocks previous close was at $20.71 this is indicating there is a potential upside of 34.3%. Also worth taking note is the 50 day moving average now sits at $20.96 and the 200 moving average now moves to $22.76. The company has a market cap of 5.24B. The stock price for Iron Mountain Incorporated is 20.55 USD
The potential market cap would be $7,031,601,770 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 4.77, revenue per share of 8.57 and a 27.59% return on assets.
Magnolia Oil & Gas Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. Its oil and natural gas properties are located primarily in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its assets consist of a total leasehold position of 688,033 gross (482,015 net) acres, including 43,022 gross (23,259 net) acres in the Karnes area and 645,011 gross (458,756 net) acres in the Giddings area. The Karnes County Assets are located in Karnes, Gonzales, DeWitt, and Atascosa Counties, Texas, in the core of the Eagle Ford Shale. The acreage comprising the Karnes County Assets also includes the Austin Chalk formation overlying the Eagle Ford Shale. The Giddings Assets are located in Austin, Brazos, Burleson, Fayette, Lee, Grimes, Montgomery, and Washington Counties, Texas.
