$MGY

Magnolia Oil & Gas Shares Rise After Roth Capital Upgrades

Magnolia Oil & Gas (MGY) shares rose about 2.3% in Monday trading after Roth Capital Partners upgraded the stock to buy from neutral.Trading volume stood at more than 1.2 million shares, compared with a daily average of 2.4 million.Price: $27.06, Change: $+0.65, Percent Change: +2.44%

Roth Capital Partners Upgrades Magnolia Oil & Gas to Buy From Neutral, Price Target is $31

Magnolia Oil & Gas (MGY) has an average rating of overweight and mean price target of $33.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Magnolia Oil & Gas Fiscal Q1 EPS Flat, Revenue Rises

Magnolia Oil & Gas (MGY) reported fiscal Q1 net income late Wednesday of $0.54 per diluted share, unchanged from a year earlier.Analysts polled by FactSet expected $0.52.Total revenue for the quarter ended March 31 rose to $358.5 million from $350.3 million a year earlier.Analysts polled by FactSet expected $349.9 million.

Earnings Flash (MGY) Magnolia Oil & Gas Posts Q1 EPS $0.54, vs. FactSet Est of $0.52