Magnolia Price Earnings Ratio from 2010 to 2024

MGY Stock  USD 28.79  0.56  1.98%   
Magnolia Oil Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Magnolia Oil Price Earnings Ratio regression line of annual values had significance of  0.0003 and arithmetic mean of  21.15. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
10.31731688
Current Value
13.01
Quarterly Volatility
14.33637703
 
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Covid
Check Magnolia Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnolia Oil's main balance sheet or income statement drivers, such as Tax Provision of 17.8 M, Depreciation And Amortization of 289.4 M or Interest Expense of 31.4 K, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0116 or PTB Ratio of 1.66. Magnolia financial statements analysis is a perfect complement when working with Magnolia Oil Valuation or Volatility modules.
  
Check out the analysis of Magnolia Oil Correlation against competitors.

Latest Magnolia Oil's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Magnolia Oil Gas over the last few years. It is Magnolia Oil's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnolia Oil's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Magnolia Price Earnings Ratio Regression Statistics

Arithmetic Mean21.15
Coefficient Of Variation67.78
Mean Deviation13.24
Median23.96
Standard Deviation14.34
Sample Variance205.53
Range35.5589
R-Value(0.80)
Mean Square Error78.89
R-Squared0.64
Significance0.0003
Slope(2.57)
Total Sum of Squares2,877

Magnolia Price Earnings Ratio History

2024 13.01
2023 10.32
2022 4.92
2021 5.88
2020 -0.63
2019 23.96
2018 10.86

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Magnolia Oil. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 10.32  13.01 

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Additional Tools for Magnolia Stock Analysis

When running Magnolia Oil's price analysis, check to measure Magnolia Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.