Magnolia MGY

Magnolia MGY

Postby Fraser921 » Wed May 05, 2021 8:23 am

https://static.seekingalpha.com/uploads/sa_presentations/48/67048/original.pdf

This one has no oil hedges and great balance sheet Hello
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Re: Magnolia MGY

Postby dan_s » Wed May 05, 2021 1:11 pm

That is why I put it in our Small-Cap Growth Portfolio. Only downside is lack of lot of running room, but it does have the financial strength to make more acquisitions, which I expect them to do.
If Goldman Sachs' oil price forecast is correct (80/bbl in Q3), this puppy has a lot of upside for us.
Dan Steffens
Energy Prospectus Group
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