NYSE:MGYOil and Gas
Assessing Magnolia Oil & Gas’s Valuation After Mizuho Upgrade on Inventory Quality and Free Cash Flow Upside
Why Magnolia Oil & Gas Is Back on Investors Radar
Mizuho just upgraded Magnolia Oil & Gas (MGY) after taking a fresh look at its low breakeven wells, conservative balance sheet, and steady cash returns, arguing the stock now trades at an appealing free cash flow discount.
See our latest analysis for Magnolia Oil & Gas.
That upgrade comes after a choppy stretch, with the share price down on a 3 month and year to date basis even as the 5 year total shareholder return of 221.47 percent indicates...