Magnolia Oil & Gas Corporation (MGY) Misses Q4 EPS by 4c

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Magnolia Oil & Gas Corp. (MGY) PT Raised to $28 at JPMorgan

February 20, 2025 5:14 AM EST

JPMorgan analyst Michael Glick raised the price target on Magnolia Oil & Gas Corp. (NYSE: MGY) to $28.00 (from $26.00) while maintaining a Neutral rating.

The analyst comments "JPM View: MGY shares outperformed the XOP by 28 bps yesterday on the back of a 4Q cash flow beat and FY25 guidance that matched expectations. Going forward, MGY will continue running a steady program of 2 rigs and 1... More