Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Magnolia Oil & Gas Corporation before investing.

In this article, we go over a few key elements for understanding Magnolia Oil & Gas Corporation’s stock price such as:

• Magnolia Oil & Gas Corporation’s current stock price and volume
• Why Magnolia Oil & Gas Corporation’s stock price changed recently
• Upgrades and downgrades for MGY from analysts
• MGY’s stock price momentum as measured by its relative strength

About Magnolia Oil & Gas Corporation (MGY)

Before we jump into Magnolia Oil & Gas Corporation’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company’s properties are located primarily in Karnes County and the Giddings area in South Texas comprising the Eagle Ford Shale and the Austin Chalk formation. The company was incorporated in 2017 and is headquartered in Houston, Texas.

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Magnolia Oil & Gas Corporation’s Stock Price as of Market Close

As of August 04, 2026, 4:00 PM, CST, Magnolia Oil & Gas Corporation’s stock price was $24.580.

Magnolia Oil & Gas Corporation is down 2.19% from its previous closing price of $25.130.

During the last market session, Magnolia Oil & Gas Corporation’s stock traded between $24.430 and $25.050. Currently, there are approximately 183.27 million shares outstanding for Magnolia Oil & Gas Corporation.

Magnolia Oil & Gas Corporation’s price-earnings (P/E) ratio is currently at 14.6, which is high compared to the Oil, Gas & Consumable Fuels industry median of 14.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Magnolia Oil & Gas Corporation Stock Price History

Magnolia Oil & Gas Corporation’s (MGY) price is currently down 4.4% so far this month.

During the month of August, Magnolia Oil & Gas Corporation’s stock price has reached a high of $25.410 and a low of $24.430.

Over the last year, Magnolia Oil & Gas Corporation has hit prices as high as $32.760 and as low as $21.065. Year to date, Magnolia Oil & Gas Corporation’s stock is up 12.29%.

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What Caused Magnolia Oil & Gas Corporation Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 03, 2026, there were 0 analysts who downgraded Magnolia Oil & Gas Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Magnolia Oil & Gas Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Magnolia Oil & Gas Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Magnolia Oil & Gas Corporation’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Magnolia Oil & Gas Corporation (MGY) by visiting AAII Stock Evaluator.

Relative Price Strength of Magnolia Oil & Gas Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 03, 2026, Magnolia Oil & Gas Corporation has a weighted four-quarter relative price strength of -5.97%, which translates to a Momentum Score of 33 and is considered to be Weak.

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Magnolia Oil & Gas Corporation Stock Price: Bottom Line

As of August 4, 2026, Magnolia Oil & Gas Corporation’s stock price is $24.580, which is down 2.19% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Magnolia Oil & Gas Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.