Recap: Magnolia Oil & Gas Q3 Earnings

Magnolia Oil & Gas MGY reported its Q3 earnings results on Monday, November 1, 2021 at 04:02 PM.

Here's what investors need to know about the announcement.

Magnolia Oil & Gas reported in-line EPS of $0.67 versus an estimate of $0.61, which did not surprise analysts.

Revenue was up $162,512,000 from the same period last year.

Last quarter the company beat on EPS by $0.2, which was followed by a 1.44% increase in the share price the next day.

Here's a look at Magnolia Oil & Gas's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.36	0.26	0.10	0.07
EPS Actual	0.56	0.38	0.15	0.06
Revenue Estimate	223.94M	190.10M	143.06M	126.28M
Revenue Actual	250.73M	207.66M	149.24M	121.07M

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