Magnolia Oil & Gas (MGY) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.71
- Estimate
- $0.59
- Surprise
- +21.3%
- Score today
- 7.5/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Magnolia Oil & Gas (MGY) beat the $0.59 estimate with adjusted EPS of $0.71 — a large 21.3% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MGY Buy (Wait) at 7.5/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +21.3% surprise compares with a +8.8% four-quarter average.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.5 in RISK_OFF)
- Sector modifier (Energy): +1.2
What argues against it
- Concentration risk — Geographic: South Texas
- Concentration risk — Customer: two purchasers (61.0%)
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $23.37
- Entry target
- $22.50
- Price target
- $29.75
- Stop
- $20.93
- Upside to target
- +27.3%
- Reward-to-risk
- 4.0:1
The stock trades at 10.3× trailing but 7.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
MGY at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas E&P
- Market cap
- $6.42B
- P/E (fwd)
- 7.5
- P/E (ttm)
- 10.3
- 52-week range
- $21.07–$32.76
- Off 52-week high
- 28.7%
- RSI (14)
- 41
- Volume vs avg
- 1.11×
- Score today
- 7.5/10