Magnolia Oil & Gas Corporation is one of the Goldman Sachs Energy Stocks: 10 Stocks to Buy.
On March 10, 2026, Clear Street lifted Magnolia Oil & Gas Corporation’s price objective to $33 from $31 while keeping a Buy rating. The analyst cited stronger reserves as support for the target increase. The firm noted that the company generated an 11% increase in proved developing producing reserves compared to previous levels, showing stronger reserve growth in the latest filings.
On February 5, 2026, Magnolia Oil & Gas Corporation announced fourth-quarter net income of $71.4 million and full-year net income of $337.3 million, with adjusted EBITDAX of $215.7 million in the quarter and $906.1 million in 2025. The corporation had an operating cash flow of $208.4 million in the fourth quarter and $878.6 million for the year, with free cash flow of $74.7 million and $426.6 million, respectively. Output reached 103.8 thousand barrels of oil equivalent per day in the fourth quarter, up 11% year on year, with a full-year average of 99.8 Mboe/d. The firm added 49.8 million barrels of oil equivalent to proved developed reserves in 2025, attaining a reserve replacement ratio of 137%.
Magnolia Oil & Gas Corporation is involved in the acquisition, development, exploration, and production of oil and natural gas resources. It has assets in the Eagle Ford Shale and Austin Chalk formations of South Texas.
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