Magnolia Oil & Gas Corporation Class A Common Stock (MGY)

Discover the top movers in Friday's after-hours session and stay informed about the post-market dynamics.

JP Morgan analyst maintains a Neutral rating on Magnolia Oil & Gas with a price forecast of $24 ahead of earnings release on May 1st.

While the overall picture for Q4 energy earnings remains weak, a few stocks are positioned to deliver strong results. Three stocks with the potential set to beat on earnings include Magnolia Oil & Gas, Occidental Petroleum, and Coterra Energy.

Goldman Sachs downgrades MGY and OXY, reinstates coverage on EXE. MGY's outperformance reflected in current stock price, OXY's leverage a concern. EXE receives Buy rating with potential 18% upside.

MGY stock results show that Magnolia Oil & Gas missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

Magnolia Oil & Gas stock got an upgrade to its Relative Strength (RS) Rating on Thursday to 72 from 69 a day earlier.