Magnolia Oil Gas Corporation Announces Third Quarter 2024 Results

MGY Stock  USD 27.74  0.06  0.22%   
Slightly above 57% of all Magnolia Oil's investors are looking to take a long position. The current sentiment of investing in Magnolia Oil Gas suggests that some traders are interested. Magnolia Oil's investing sentiment can be driven by a variety of factors including economic data, Magnolia Oil's earnings reports, geopolitical events, and overall market trends.
  
Magnolia Oil Gas Corporation Announces Third Quarter 2024 Results

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Magnolia Oil Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Magnolia Oil can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Magnolia Oil Fundamental Analysis

We analyze Magnolia Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnolia Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnolia Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Number Of Shares Shorted

Number Of Shares Shorted Comparative Analysis

Magnolia Oil is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Magnolia Oil Gas Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Magnolia Oil stock to make a market-neutral strategy. Peer analysis of Magnolia Oil could also be used in its relative valuation, which is a method of valuing Magnolia Oil by comparing valuation metrics with similar companies.

Peers

Magnolia Oil Related Equities

REIRing Energy   2.00   
0%
100.0%
VTLEVital Energy   1.80   
0%
90.0%
CRKComstock Resources   0.97   
0%
48.0%
OBEObsidian Energy   0.88   
0%
44.0%
CHRDChord Energy   0.86   
0%
43.0%
SMSM Energy   0.80   
0%
40.0%
CIVICivitas Resources   0.80   
0%
40.0%
MTDRMatador Resources   0.76   
0%
38.0%
PRPermian Resources   0.45   
0%
22.0%
RRCRange Resources   0.42   
0%
21.0%
HESHess   0.29   
0%
14.0%
MROMarathon Oil   1.92   
96.0%
0%

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.