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MGY

9/9 Score

Magnolia Oil & Gas Corporation

Analysis Date: February 2, 2026

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.

Buffettology Criteria

All 9 of 9 criteria passed

  • High ROE

    Return on Equity > 12%

    Value: 16.8%

  • High ROIC

    Return on Invested Capital > 9%

    Value: 14.8%

  • Cash Machine

    FCF / Assets > 5%

    Value: 14.1%

  • Fair Valuation

    Earnings Yield > 3.5%

    Value: 6.7%

  • Share Buybacks

    Share Count is Dropping

    Value: -0.5%

  • Defensible Moat

    Gross Profit Margin > 40%

    Value: 47.3%

  • Simple Business

    Not in a speculative sector (e.g., Biotech)

    Value: Energy

  • Conservative Debt

    Debt to Equity < 1.5

    Value: 0.20x

  • Consistent Growth

    5-Year Growth is Positive

    Value: 124.1%

Analysis Summary

This company MGY shows some promising signs with its high returns on equity and invested capital, suggesting efficient use of shareholder and debt capital. The fact that it operates in the energy sector, possesses a solid moat, and maintains conservative debt levels, all while growing consistently, paints a picture of a disciplined operator. While the cash flow generation, indicated by the cash machine metric, could be a bit more robust, the overall picture is one of a potentially sound long-term investment.

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