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MGY Magnolia Oil & Gas PE ratio, current and historical analysis

The current price-to-earnings ratio for Magnolia Oil & Gas stock as of Jun 14, 2024 is 11.86. This is calculated based on the current EPS of $2.01 and the stock price of $23.84 per share. The PE ratio has increased by 26% from the past four quarters average of 9.4.

MGY PE ratio history

How has MGY's PE ratio performed in the past

The average historical PE ratio of Magnolia Oil & Gas for the last seven years is 42.44. The current P/E ratio of 11.86 is 72% lower than the historical average. In the past seven 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.

Average
42.44
Median
9.42
Minimum
4.55
Maximum
487

Magnolia Oil & Gas PE ratio by year

Maximum annual increase: 110.48% in 2023

Maximum annual decrease: -91.09% in 2019

Year PE ratio Change
2023 10.44 110.48%
2022 4.96 -37.45%
2021 7.93 N/A
2020 N/A N/A
2019 43.38 -91.09%
2017 487 N/A

MGY average PE ratio chart

What is the average PE ratio of MGY for the past years

The current PE ratio of MGY is above the 3-year average, but it is lower than the 5-year average.

3-year avg
8.29
5-year avg
12.8
10-year avg
N/A
15-year avg
N/A

MGY PE vs peers

What is MGY's PE ratio compared to its peers

MGY's PE ratio stands higher than its peer stock PR.

Stock name PE ratio Market cap
PR Permian Resources Corp 11.66 $11.58B
MGY Magnolia Oil & Gas Corp 11.86 $4.83B

Frequently asked questions

What is Magnolia Oil & Gas's PE ratio?

MGY stock has a price to earnings ratio of 11.86 as of Jun 14, 2024.

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 8.29.

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 12.8.

What is the highest PE ratio for MGY?

The highest quarterly PE ratio in the last seven 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 72% lower than the 7-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 (Jun 14, 2024), Magnolia Oil & Gas's stock price is $23.84. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.01. Therefore, Magnolia Oil & Gas's PE ratio for today is 11.86. PE RATIO(11.86) = STOCK PRICE($23.84) / TTM EPS($2.01)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.