Magnolia Oil & Gas Likely to Deliver 'Positive' Q2 on Production Rebound, UBS Says

MT Newswires Live00:57

Magnolia Oil & Gas (MGY) is expected to report a "positive" Q2 update as production rebounds from weather-related disruptions in Q1 with higher oil prices and "unhedged" production driving record revenue and the highest free cash flow since mid-2022, UBS Securities said in a report emailed Friday.

UBS forecasts cash flow per share of $1.82, above the Wall Street estimate of $1.68, on "total production" of 105,000 barrels of oil equivalent per day. It also expects about $210 million in "pre-dividend" free cash flow, supporting roughly $65 million in "stock buybacks" and boosting the company's cash balance following Q1 acquisitions, according to the report.

Magnolia's recent Karnes acquisition should improve drilling economics by enabling "longer laterals," though the firm does not expect a "significant" increase in production and anticipates output will remain roughly flat at about 20,000 barrels of oil equivalent per day, the report said.

UBS reiterated their buy rating on Magnolia Oil & Gas but lowered its price target to $34 from $38.

Price: 25.66, Change: -0.22, Percent Change: -0.83

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2650613197?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-11 00:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2650613197","market":"sg","top_or_hot":-1,"title":"Magnolia Oil & Gas Likely to Deliver 'Positive' Q2 on Production Rebound, UBS Says","media":"MT Newswires Live","content":"<html><body><p> Magnolia Oil &amp; Gas (MGY) is expected to report a \"positive\" Q2 update as production rebounds from weather-related disruptions in Q1 with higher oil prices and \"unhedged\" production driving record revenue and the highest free cash flow since mid-2022, UBS Securities said in a report emailed Friday.</p><p>UBS forecasts cash flow per share of $1.82, above the Wall Street estimate of $1.68, on \"total production\" of 105,000 barrels of oil equivalent per day. It also expects about $210 million in \"pre-dividend\" free cash flow, supporting roughly $65 million in \"stock buybacks\" and boosting the company's cash balance following Q1 acquisitions, according to the report.</p><p>Magnolia's recent Karnes acquisition should improve drilling economics by enabling \"longer laterals,\" though the firm does not expect a \"significant\" increase in production and anticipates output will remain roughly flat at about 20,000 barrels of oil equivalent per day, the report said.</p><p>UBS reiterated their buy rating on Magnolia Oil &amp; Gas but lowered its price target to $34 from $38.</p><p>Price: 25.66, Change: -0.22, Percent Change: -0.83</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Magnolia Oil & Gas Likely to Deliver 'Positive' Q2 on Production Rebound, UBS Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMagnolia Oil & Gas Likely to Deliver 'Positive' Q2 on Production Rebound, UBS Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-11 00:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Magnolia Oil &amp; Gas (MGY) is expected to report a \"positive\" Q2 update as production rebounds from weather-related disruptions in Q1 with higher oil prices and \"unhedged\" production driving record revenue and the highest free cash flow since mid-2022, UBS Securities said in a report emailed Friday.</p><p>UBS forecasts cash flow per share of $1.82, above the Wall Street estimate of $1.68, on \"total production\" of 105,000 barrels of oil equivalent per day. It also expects about $210 million in \"pre-dividend\" free cash flow, supporting roughly $65 million in \"stock buybacks\" and boosting the company's cash balance following Q1 acquisitions, according to the report.</p><p>Magnolia's recent Karnes acquisition should improve drilling economics by enabling \"longer laterals,\" though the firm does not expect a \"significant\" increase in production and anticipates output will remain roughly flat at about 20,000 barrels of oil equivalent per day, the report said.</p><p>UBS reiterated their buy rating on Magnolia Oil &amp; Gas but lowered its price target to $34 from $38.</p><p>Price: 25.66, Change: -0.22, Percent Change: -0.83</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4213","symbol_name":"石油与天然气的勘探与生产","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2650613197","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650613197","pubTimestamp":1783702653,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Magnolia Oil & Gas  is expected to report a \"positive\" Q2 update as production rebounds from weather-related disruptions in Q1 with higher oil prices and \"unhedged\" production driving record revenue and the highest free cash flow since mid-2022, UBS Securities said in a report emailed Friday.UBS forecasts cash flow per share of $1.82, above the Wall Street estimate of $1.68, on \"total production\" of 105,000 barrels of oil equivalent per day. It also expects about $210 million in \"pre-dividend\" free cash flow, supporting roughly $65 million in \"stock buybacks\" and boosting the company's cash balance following Q1 acquisitions, according to the report.Magnolia's recent Karnes acquisition should improve drilling economics by enabling \"longer laterals,\" though the firm does not expect a \"significant\" increase in production and anticipates output will remain roughly flat at about 20,000 barrels of oil equivalent per day, the report said.UBS reiterated their buy rating on Magnolia Oil & Gas b","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4213":"石油与天然气的勘探与生产","MGY":"Magnolia Oil & Gas Corp","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","PSCE":"Invesco S&P SmallCap Energy ETF","LU0566484027.USD":"安本美国小盘成长股","LU1559883803.SGD":"Aberdeen Standard SICAV I - North American Smaller Companies Fund A Acc SGD-H"},"translate_title":"瑞银表示，由于产量反弹，Magnolia Oil & Gas 第二季度可能会实现“积极”业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PSCE":0.6,"MGY":1},"content_text":"Magnolia Oil & Gas (MGY) is expected to report a \"positive\" Q2 update as production rebounds from weather-related disruptions in Q1 with higher oil prices and \"unhedged\" production driving record revenue and the highest free cash flow since mid-2022, UBS Securities said in a report emailed Friday.UBS forecasts cash flow per share of $1.82, above the Wall Street estimate of $1.68, on \"total production\" of 105,000 barrels of oil equivalent per day. It also expects about $210 million in \"pre-dividend\" free cash flow, supporting roughly $65 million in \"stock buybacks\" and boosting the company's cash balance following Q1 acquisitions, according to the report.Magnolia's recent Karnes acquisition should improve drilling economics by enabling \"longer laterals,\" though the firm does not expect a \"significant\" increase in production and anticipates output will remain roughly flat at about 20,000 barrels of oil equivalent per day, the report said.UBS reiterated their buy rating on Magnolia Oil & Gas but lowered its price target to $34 from $38.Price: 25.66, Change: -0.22, Percent Change: -0.83","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650613197","isCrawlerRequest":true}