Investment Analysts’ Recent Ratings Changes for Magnolia Oil & Gas (MGY)

Several analysts have recently updated their ratings and price targets for Magnolia Oil & Gas (NYSE: MGY):

• 3/6/2026 – Magnolia Oil & Gas was downgraded by Siebert Williams Shank from “buy” to “hold”.
• 3/5/2026 – Magnolia Oil & Gas had its price target raised by Piper Sandler from $26.00 to $28.00. They now have a “neutral” rating on the stock.
• 3/5/2026 – Magnolia Oil & Gas had its price target raised by UBS Group AG from $29.00 to $35.00. They now have a “buy” rating on the stock.
• 2/18/2026 – Magnolia Oil & Gas had its price target raised by Citigroup Inc. from $25.00 to $29.00. They now have a “neutral” rating on the stock.
• 2/16/2026 – Magnolia Oil & Gas was given a new $25.00 price target by Wells Fargo & Company.
• 2/11/2026 – Magnolia Oil & Gas had its price target raised by The Goldman Sachs Group, Inc. from $23.00 to $26.00. They now have a “neutral” rating on the stock.
• 2/11/2026 – Magnolia Oil & Gas was upgraded by Zacks Research from “strong sell” to “hold”.
• 2/10/2026 – Magnolia Oil & Gas had its “buy” rating reaffirmed by Roth Mkm.
• 2/10/2026 – Magnolia Oil & Gas had its price target raised by Piper Sandler from $23.00 to $26.00. They now have a “neutral” rating on the stock.
• 2/9/2026 – Magnolia Oil & Gas had its price target raised by KeyCorp from $29.00 to $30.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Magnolia Oil & Gas was given a new $30.00 price target by Mizuho.
• 1/27/2026 – Magnolia Oil & Gas was given a new $22.00 price target by Wells Fargo & Company. They now have an “equal weight” rating on the stock.
• 1/27/2026 – Magnolia Oil & Gas was upgraded by Wells Fargo & Company from “strong sell” to “equal weight”. They now have a $22.00 price target on the stock, up from $21.00.
• 1/26/2026 – Magnolia Oil & Gas had its price target lowered by Susquehanna from $30.00 to $28.00. They now have a “positive” rating on the stock.
• 1/22/2026 – Magnolia Oil & Gas had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 1/21/2026 – Magnolia Oil & Gas had its “hold” rating reaffirmed by Benchmark Co..
• 1/16/2026 – Magnolia Oil & Gas was upgraded by Bank of America Corporation from “neutral” to “buy”. They now have a $28.00 price target on the stock, up from $26.00.
• 1/14/2026 – Magnolia Oil & Gas was upgraded by Citigroup Inc. from “neutral” to “buy”. They now have a $25.00 price target on the stock, up from $19.00.
• 1/12/2026 – Magnolia Oil & Gas was downgraded by Zacks Research from “hold” to “strong sell”.
• 1/9/2026 – Magnolia Oil & Gas had its “buy” rating reaffirmed by UBS Group AG. They now have a $29.00 price target on the stock.
• 1/9/2026 – Magnolia Oil & Gas is now covered by BMO Capital Markets. They set an “outperform” rating and a $27.00 price target on the stock.
• 1/9/2026 – Magnolia Oil & Gas is now covered by BMO Capital Markets. They set an “outperform” rating and a $27.00 price target on the stock.

Magnolia Oil & Gas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 10th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 2.3%. This is an increase from Magnolia Oil & Gas’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, February 10th. Magnolia Oil & Gas’s dividend payout ratio is 38.37%.

Magnolia Oil & Gas Corp (NYSE: MGY) is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.

The company’s core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).