Magnolia Oil & Gas (MGY) – Investment Analysts’ Recent Ratings Changes

Magnolia Oil & Gas (NYSE: MGY) recently received a number of ratings updates from brokerages and research firms:

• 8/17/2026 – Magnolia Oil & Gas was upgraded by Johnson Rice from “hold” to “accumulate”. They now have a $32.00 price target on the stock, down from $33.00.
• 8/13/2026 – Magnolia Oil & Gas had its price target raised by Wells Fargo & Company from $31.00 to $36.00. They now have an “equal weight” rating on the stock.
• 8/12/2026 – Magnolia Oil & Gas had its “overweight” rating reaffirmed by KeyCorp. They now have a $38.00 price target on the stock.
• 8/11/2026 – Magnolia Oil & Gas was upgraded by Weiss Ratings from “hold (c)” to “buy (b-)”.
• 8/11/2026 – Magnolia Oil & Gas had its price target lowered by Citigroup Inc. from $29.00 to $27.00. They now have a “neutral” rating on the stock.
• 8/11/2026 – Magnolia Oil & Gas had its price target raised by Susquehanna from $36.00 to $37.00. They now have a “positive” rating on the stock.
• 8/8/2026 – Magnolia Oil & Gas was upgraded by Wall Street Zen from “hold” to “buy”.
• 7/31/2026 – Magnolia Oil & Gas was upgraded by Mizuho to “strong-buy”.
• 7/28/2026 – Magnolia Oil & Gas was upgraded by Truist Financial Corporation from “hold” to “buy”. They now have a $33.00 price target on the stock, up from $32.00.
• 7/23/2026 – Magnolia Oil & Gas had its price target lowered by Roth Capital from $30.00 to $29.00. They now have a “buy” rating on the stock.
• 7/22/2026 – Magnolia Oil & Gas had its price target lowered by Mizuho from $35.00 to $33.00. They now have an “outperform” rating on the stock.
• 7/21/2026 – Magnolia Oil & Gas had its price target raised by Susquehanna from $35.00 to $36.00. They now have a “positive” rating on the stock.
• 7/10/2026 – Magnolia Oil & Gas had its price target lowered by UBS Group AG from $38.00 to $34.00. They now have a “buy” rating on the stock.
• 7/10/2026 – Magnolia Oil & Gas had its price target lowered by UBS Group AG from $38.00 to $34.00. They now have a “buy” rating on the stock.
• 7/7/2026 – Magnolia Oil & Gas had its price target lowered by Truist Financial Corporation from $34.00 to $32.00. They now have a “hold” rating on the stock.
• 6/29/2026 – Magnolia Oil & Gas had its “overweight” rating reaffirmed by KeyCorp.
• 6/22/2026 – Magnolia Oil & Gas was upgraded by Roth Capital from “neutral” to “buy”. They now have a $31.00 price target on the stock.

Magnolia Oil & Gas Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be issued a $0.18 dividend. This is a positive change from Magnolia Oil & Gas’s previous quarterly dividend of $0.17. The ex-dividend date is Monday, August 10th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.7%. Magnolia Oil & Gas’s dividend payout ratio (DPR) is presently 31.58%.

Insider Activity

In other Magnolia Oil & Gas news, Director David M. Khani acquired 8,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was acquired at an average price of $25.00 per share, with a total value of $200,000.00. Following the transaction, the director directly owned 30,622 shares in the company, valued at approximately $765,550. This represents a 35.36% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.92% of the company’s stock.

Magnolia Oil & Gas Corp (NYSE: MGY) is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.

The company’s core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).