Company Magnolia Oil & Gas Corporation

Equities

MGY

US5596631094

Oil & Gas Exploration and Production

Market Closed - Nyse 16:00:02 2024-04-26 EDT 5-day change 1st Jan Change
26.34 USD +0.23% Intraday chart for Magnolia Oil & Gas Corporation +2.81% +23.72%

Business Summary

Magnolia Oil & Gas Corporation is an independent oil and natural gas company, which acquires, develops, explores and produces oil, natural gas and natural gas liquid (NGL) reserves. The Company’s oil and natural gas properties are located primarily in the Karnes and Giddings areas in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. The Company’s assets consist of a total leasehold position of 789,719 gross (576,504 net) acres, including 72,503 gross (50,681 net) acres in the Karnes area and 717,216 gross (525,823 net) acres in the Giddings area. The Karnes area consists of oil and natural gas assets primarily located in Karnes, Dimmit, Gonzales, and Zavala Counties, Texas, in the core of the Eagle Ford Shale. The acreage comprising the Karnes area also includes the Austin Chalk formation overlying the Eagle Ford Shale. The Giddings Assets are located in Brazos, Burleson, Fayette, Grimes, Lee, Milam, Robertson and Washington Counties, Texas.

Number of employees: 247

Sales per Business

USD in Million2022Weight2023Weight Delta
Oil
78.1 %
1,158 68.3 % 958 78.1 % -17.24%
Natural Gas Liquids
13.6 %
235 13.9 % 167 13.6 % -29.13%
Natural Gas
8.3 %
301 17.8 % 102 8.3 % -66.15%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,694 100.0 % 1,227 100.0 % -27.59%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 18-06-30
Director of Finance/CFO 45 18-10-31
Chief Operating Officer 48 18-10-31
General Counsel 52 18-08-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 74 18-06-30
Director/Board Member 85 17-05-09
Chairman 77 17-05-09
Director/Board Member 60 02-05
Director/Board Member 78 18-06-30
Chief Executive Officer 60 18-06-30
Director/Board Member 58 17-05-09
Director/Board Member 57 18-06-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 21,826,805 0 0 10.88 %
Stock B 1 213,756,389 25,632,288 ( 11.99 %) 31,333,000 ( 14.66 %)

Shareholders

NameEquities%Valuation
The Vanguard Group, Inc.
11.38 %
20,757,369 11.38 % 539 M $
Vanguard Fiduciary Trust Co.
9.758 %
17,801,055 9.758 % 462 M $
BlackRock Advisors LLC
9.447 %
17,234,022 9.447 % 447 M $
First Trust Advisors LP
5.551 %
10,126,891 5.551 % 263 M $
T. Rowe Price Investment Management, Inc.
5.307 %
9,681,180 5.307 % 251 M $
EnerVest Ltd
4.548 %
8,296,077 4.548 % 215 M $
Macquarie Investment Management Business Trust
4.037 %
7,363,568 4.037 % 191 M $
7,340,335 4.024 % 190 M $
American Century Cos., Inc.
4.017 %
7,327,523 4.017 % 190 M $
Wellington Management Co. LLP
3.821 %
6,969,962 3.821 % 181 M $
NameEquities%Valuation
EnerVest Ltd
61.32 %
21,826,805 61.32 % 566 M $

Company contact information

Magnolia Oil & Gas Corp.

Nine Greenway Plaza Suite 1300

77046, Houston

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http://www.magnoliaoilgas.com
address Magnolia Oil & Gas Corporation(MGY)
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