Balance Sheet Dive: Magnolia Oil & Gas Corp (MGY)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $20.56 in the prior trading day, Magnolia Oil & Gas Corp (NYSE: MGY) closed at $19.60, down -4.67%. In other words, the price has decreased by -$4.67 from its previous closing price. On the day, 3.93 million shares were traded.

Ratios:

Our goal is to gain a better understanding of MGY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 31, 2025, Downgraded its rating to Neutral and sets its target price to $26 from $27 previously.

On January 13, 2025, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $29 to $28.

Siebert Williams Shank Downgraded its Buy to Hold on October 15, 2024, while the target price for the stock was maintained at $30.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 03 ’25 when Stavros Christopher G bought 2,500 shares for $22.05 per share. The transaction valued at 55,138 led to the insider holds 892,372 shares of the business.

Millican Steve bought 195,293 shares of MGY for $4,714,373 on Jan 08 ’25. On Sep 23 ’24, another insider, EnerVest, Ltd., who serves as the Director of the company, sold 7,000,000 shares for $25.86 each. As a result, the insider received 181,020,000 and left with 2,099,403 shares of the company.

Valuation Measures:

As of this moment, Magnolia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.11, and their Forward P/E ratio for the next fiscal year is 8.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 2.00.

Stock Price History:

Over the past 52 weeks, MGY has reached a high of $29.02, while it has fallen to a 52-week low of $19.89. The 50-Day Moving Average of the stock is -17.41%, while the 200-Day Moving Average is calculated to be -21.87%.

Shares Statistics:

A total of 189.36M shares are outstanding, with a floating share count of 183.99M. Insiders hold about 5.18% of the company’s shares, while institutions hold 106.73% stake in the company.

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