Magnolia Oil & Gas: Q4 Earnings Insights

Magnolia Oil & Gas MGY reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:00 PM.

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

Magnolia Oil & Gas beat estimated earnings by 2.5%, reporting an EPS of $0.82 versus an estimate of $0.8.

Revenue was up $182.92 million from the same period last year.

Last quarter the company beat on EPS by $0.06, which was followed by a 4.57% drop in the share price the next day.

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

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.61	0.36	0.26	0.10
EPS Actual	0.67	0.56	0.38	0.15
Revenue Estimate	273.95M	223.94M	190.10M	143.06M
Revenue Actual	283.58M	250.73M	207.66M	149.24M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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