Magnolia Oil & Gas Hits New 52-Week High

Analysts Remain Bullish on the Stock's Prospects

Mar. 2, 2026 at 2:39pm

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Shares of Magnolia Oil & Gas (NYSE:MGY) reached a new 52-week high on Monday, trading as high as $29.10 per share. The stock closed at $28.57, up 1.5% for the day. Several analysts have maintained buy ratings on the stock and set price targets as high as $30, citing the company's strong performance and growth potential.

Why it matters

Magnolia Oil & Gas is a leading independent exploration and production company focused on the Eagle Ford Shale in South Texas. The company's strong financial results and rising stock price reflect the continued demand for domestic oil and gas production amid global supply concerns.

The details

Magnolia Oil & Gas reported earnings of $0.37 per share in the latest quarter, beating analyst estimates. The company's revenue of $317.63 million was slightly below expectations, but still represented a solid performance. Analysts have cited Magnolia's efficient operations, low-cost production, and disciplined capital allocation as key drivers of its success.

  • Magnolia Oil & Gas shares hit a new 52-week high of $29.10 on March 2, 2026.
  • The company reported Q4 2025 earnings on February 5, 2026.

The players

Magnolia Oil & Gas

An independent exploration and production company focused on the Eagle Ford Shale in South Texas.

UBS Group

A global financial services firm that has a buy rating and $29 price target on Magnolia Oil & Gas.

Mizuho

A Japanese financial services group that has set a $30 price target on Magnolia Oil & Gas.

Roth Mkm

An investment research firm that has reiterated a buy rating on Magnolia Oil & Gas.

Zacks Research

An investment research firm that has upgraded Magnolia Oil & Gas from a "strong sell" to a "hold" rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.