Magnolia Oil & Gas Corp (MGY)

Sell: $30.65|Buy: $31.45|Change: 1.03 (3.42%)

Company profile

Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area of South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations. It focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its capital spending philosophy. The company operates in only one segment and derives the majority of its revenue from the sale of crude oil, natural gas, and natural gas liquids (NGLs).

Address

Nine Greenway Plaza
Suite 1300
Houston
TX
USA
77046


Telephone

+1 713 8429036


Sector 

Energy


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