Magnolia Oil & Gas Corp. (MGY) intrinsic value & 10-year financials
Magnolia Oil & Gas Corp. (MGY) has a Graham intrinsic value of $58.21 per share. At $25.35 on Oct 17, 2026, the stock trades 56% below that value. Over the last 10 fiscal years revenue grew 15.9% a year to $1.3B, with an average return on invested capital of 482.2%.
- Graham intrinsic value
- $58.21
- Share price (Oct 17, 2026)
- $25.35
- Price vs Graham value
- 56% below
- Market cap
- $4.7B
- Revenue (FY2025)
- $1.3B
- Revenue growth (10-yr CAGR)
- 15.9%
- ROIC (10-yr avg)
- 482.2%
- Free cash flow (FY2025)
- —
MGY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.3B | $325.3M | — | — | 33.5% | 16.6% |
| FY2024 | $1.3B | $366.0M | — | — | 38.9% | 20.4% |
| FY2023 | $1.2B | $388.3M | — | — | 43.6% | 25.1% |
| FY2022 | $1.7B | $893.8M | — | — | 63.4% | 84.2% |
| FY2021 | $1.1B | $417.3M | — | — | 55.9% | 55.8% |
| FY2020 | $534.5M | -$1.2B | — | — | -360.3% | -90.8% |
| FY2019 | $936.1M | $50.2M | — | — | 13.6% | 3.3% |
| FY2018 | — | — | — | — | — | — |
| FY2017 | $403.2M | $178.9M | — | — | 47.1% | 3742.9% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Magnolia Oil & Gas Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Magnolia Oil & Gas Corp has earned high returns on invested capital, averaging 19.0% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Magnolia Oil & Gas Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Magnolia Oil & Gas Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $58.21 per share.