WLL, COP, RGP, and MGY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 11, 2021.
Two new Breakout Stocks for Week 41 with better than 10% short-term upside potential. The ETF/ETN forecast section now goes out in a separate article. Following the Momentum Gauges® the portfolio is
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2021 Results
Output at Groningen will be trimmed by more than 50% to 3.9 billion cubic meters (bcm) in the year through October 2022, which will be the final year of regular production.
Magnolia Oil & Gas Corp (MGY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the
Soaring energy prices and cheap valuations make this group attractive.
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (NYSE: MGY) (“Magnolia” or the “Company”) today announced the pricing of the previously announced underwritten block trade of 7,500,000
Improving fuel demand amid tight supply will continue to keep the crude pricing scenario favorable for exploration and production companies. MGY, WLL & MTDR are therefore well poised to gain.
HOUSTON--(BUSINESS WIRE)--EnerVest Proposed Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia
Soaring energy prices and cheap valuations make this group attractive.
Magnolia may generate around $500 million in positive cash flow in 2021 at current strip prices. It initiated a conservative $0.08 per share semi-annual dividend that it can sustain at $40 WTI oil.
Magnolia (MGY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock?
Magnolia Oil & Gas Corp (MGY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The markets were higher across the board midday on Monday, with both the S&P 500 and the Nasdaq printing fresh all-time intraday highs.
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