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NYSE: MGY
Magnolia Oil & Gas (MGY) stock, explained like you're 5
Magnolia Oil & Gas trades on the New York Stock Exchange under the ticker MGY. It is a mid cap company in the oil & gas production industry, part of the energy sector, with a market value of about 6.5 billion dollars.
- Ticker
- MGY
- Exchange
- New York Stock Exchange
- Sector
- Energy
- Industry
- Oil & Gas Production
- Size
- Mid cap, about 6.5 billion dollars
Is Magnolia Oil & Gas a small, medium or large cap company?
No. Magnolia Oil & Gas is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 6.5 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Magnolia Oil & Gas makes money
- Producing, refining and moving oil and natural gas.
- Selling fuel and related products.
- Services for energy producers.
What moves MGY stock
- The price of oil and natural gas.
- How much the company produces and what it costs.
- Energy policy and global demand.
In the news lately
- Scotiabank Initiates Coverage on Magnolia Oil & Gas With Sector Perform Rating (Yahoo Finance)
- Fund Update: New $49.7M $MGY stock position opened by DEPRINCE RACE & ZOLLO INC (Quiver Quantitative)
- UBS Adjusts Price Target on Magnolia Oil & Gas to $35 From $34, Maintains Buy Rating (Yahoo Finance)
- Magnolia Oil & Gas Corporation (MGY) Stock Forecasts (Yahoo Finance)
- Magnolia Oil & Gas Corporation (MGY) Stock Forecasts (Yahoo! Finance Canada)
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Questions about Magnolia Oil & Gas stock
What does Magnolia Oil & Gas do?
Magnolia Oil & Gas trades on the New York Stock Exchange under the ticker MGY. It is a mid cap company in the oil & gas production industry, part of the energy sector, with a market value of about 6.5 billion dollars.
What is the ticker symbol for Magnolia Oil & Gas?
Magnolia Oil & Gas trades under the ticker MGY on the New York Stock Exchange.
What is Magnolia Oil & Gas's market cap?
Magnolia Oil & Gas is a mid cap stock with a market cap of about 6.5 billion dollars.
How does Magnolia Oil & Gas make money?
Producing, refining and moving oil and natural gas. Selling fuel and related products. Services for energy producers.
What moves MGY stock?
The price of oil and natural gas. How much the company produces and what it costs. Energy policy and global demand.
How can I follow MGY stock every day?
Add MGY to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.