Weekly Investment Analysts’ Ratings Changes for Magnolia Oil & Gas (MGY)

Magnolia Oil & Gas (NYSE: MGY) has recently received a number of price target changes and ratings updates:

• 10/17/2026 – Magnolia Oil & Gas was downgraded by Wall Street Zen from “buy” to “hold”.
• 10/15/2026 – Magnolia Oil & Gas was given a new $35.00 price target by UBS Group AG.
• 10/14/2026 – Magnolia Oil & Gas is now covered by Scotiabank. They set a “sector outperform” rating and a $31.00 price target on the stock.
• 10/14/2026 – Magnolia Oil & Gas had its price target lowered by Wells Fargo & Company from $36.00 to $30.00. They now have an “equal weight” rating on the stock.
• 10/13/2026 – Magnolia Oil & Gas was downgraded by Zacks Research from “strong-buy” to “hold”.
• 10/9/2026 – Magnolia Oil & Gas had its “buy” rating reaffirmed by UBS Group AG.
• 10/2/2026 – Magnolia Oil & Gas had its price target raised by Truist Financial Corporation from $34.00 to $35.00. They now have a “buy” rating on the stock.
• 9/23/2026 – Magnolia Oil & Gas was given a new $32.00 price target by Williams Trading.
• 9/23/2026 – Magnolia Oil & Gas was upgraded by Siebert Williams Shank from “hold” to “buy”. They now have a $32.00 price target on the stock, up from $30.00.
• 9/21/2026 – Magnolia Oil & Gas had its “buy” rating reaffirmed by Truist Financial Corporation. They now have a $34.00 price target on the stock, up from $33.00.
• 9/14/2026 – Magnolia Oil & Gas was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/8/2026 – Magnolia Oil & Gas was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”. They now have a $33.00 price target on the stock, up from $32.00.
• 9/3/2026 – Magnolia Oil & Gas is now covered by Seaport Research Partners. They set a “neutral” rating on the stock.
• 9/2/2026 – Magnolia Oil & Gas was upgraded by Wells Fargo & Company to “hold”.

Magnolia Oil & Gas Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th were given a $0.18 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.72 annualized dividend and a dividend yield of 2.8%. This is a positive change from Magnolia Oil & Gas’s previous quarterly dividend of $0.1650. Magnolia Oil & Gas’s dividend payout ratio is 31.58%.

Insider Buying and Selling at Magnolia Oil & Gas

In other news, Director David Khani acquired 8,000 shares of the business’s stock in a transaction on Friday, August 7th. The shares were acquired at an average cost of $25.00 per share, with a total value of $200,000.00. Following the transaction, the director owned 30,622 shares in the company, valued at $765,550. The trade was a 35.36% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.92% of the company’s stock.

Magnolia Oil & Gas Corporation (NYSE: MGY) is an independent oil and natural gas exploration and production company focused on developing assets in South Texas. Its operations are concentrated in the Eagle Ford Shale and Austin Chalk formations, where it owns and operates a substantial acreage position.

The company produces crude oil, condensate, natural gas liquids and natural gas. Magnolia uses horizontal drilling and hydraulic fracturing technologies to develop unconventional reserves, with activity primarily centered in the Karnes and Giddings areas of South Texas.

Magnolia Oil & Gas was formed in 2017 through a business combination involving Silver Run Acquisition Corporation II and certain oil and gas assets previously associated with TGP Investments.