MGY Magnolia Oil & Gas PE ratio, current and historical analysis
The current price-to-earnings ratio for Magnolia Oil & Gas stock as of Feb 4, 2025 is 11.96. This is calculated based on the current EPS of $2.02 and the stock price of $24.16 per share. The current PE ratio is nearly the same as the last four quarters average.
MGY PE ratio history
The average historical PE ratio of Magnolia Oil & Gas for the last eight years is 39.08. The current P/E ratio of 11.96 is 69% lower than the historical average. In the past eight years, MGY's PE ratio peaked in the Dec 2017 quarter at 487, when the stock price was $9.74 and the EPS was $0.02. The lowest point was in the Sep 2022 quarter, when it reached 4.55 with a price of $19.81 and an EPS of $4.35.
Magnolia Oil & Gas PE ratio by year
Maximum annual increase: 110.48% in 2023
Maximum annual decrease: -91.09% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 10.44 | 110.48% | $21.29 | $2.04 |
| 2022 | 4.96 | -37.45% | $23.45 | $4.73 |
| 2021 | 7.93 | N/A | $18.87 | $2.38 |
| 2020 | N/A | N/A | $7.06 | -$7.27 |
| 2019 | 43.38 | -91.09% | $12.58 | $0.29 |
| 2017 | 487 | N/A | $9.74 | $0.02 |
Magnolia Oil & Gas PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 12.09 | -2.66% | $24.42 | $2.02 |
| Jun 2024 | 12.42 | -3.8% | $25.34 | $2.04 |
| Mar 2024 | 12.91 | 23.66% | $25.95 | $2.01 |
| Dec 2023 | 10.44 | 24.43% | $21.29 | $2.04 |
| Sep 2023 | 8.39 | 39.6% | $22.91 | $2.73 |
| Jun 2023 | 6.01 | 18.77% | $20.9 | $3.48 |
| Mar 2023 | 5.06 | 2.02% | $21.88 | $4.32 |
| Dec 2022 | 4.96 | 9.01% | $23.45 | $4.73 |
| Sep 2022 | 4.55 | -18.89% | $19.81 | $4.35 |
| Jun 2022 | 5.61 | -31.25% | $20.99 | $3.74 |
| Mar 2022 | 8.16 | 2.9% | $23.65 | $2.9 |
| Dec 2021 | 7.93 | -25.12% | $18.87 | $2.38 |
| Sep 2021 | 10.59 | -28.88% | $17.79 | $1.68 |
| Jun 2021 | 14.89 | -40.34% | $15.63 | $1.05 |
| Mar 2021 | 24.96 | N/A | $11.48 | $0.46 |
MGY average PE ratio chart
The current PE ratio of MGY is above the 3 and 5-year averages.
MGY PE vs peers
MGY's PE ratio stands higher than its peer stock PR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PR Permian Resources Corp | 7.94 | $11.86B |
| MGY Magnolia Oil & Gas Corp | 11.96 | $4.75B |
Frequently asked questions
What is Magnolia Oil & Gas's PE ratio?
MGY stock has a price to earnings ratio of 11.96 as of Feb 4, 2025.
What is the 3-year average PE ratio for Magnolia Oil & Gas (MGY)?
The 3-year average price to earnings ratio for MGY stock is 8.24.
What is the 5-year average PE ratio for Magnolia Oil & Gas (MGY)?
The 5-year average price to earnings ratio for MGY stock is 9.93.
What is the highest PE ratio for MGY?
The highest quarterly PE ratio in the last eight years has been 487 and it was in the Dec 2017 quarter.
How does the current PE ratio for MGY compare to its historical average?
The current price to earnings ratio of MGY is 69% lower than the 8-year historical average.
How is MGY's PE ratio calculated (Magnolia Oil & Gas PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 4, 2025), Magnolia Oil & Gas's stock price is $24.16. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.02. Therefore, Magnolia Oil & Gas's PE ratio for today is 11.96. PE RATIO(11.96) = STOCK PRICE($24.16) / TTM EPS($2.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.