Magnolia MGY

Magnolia MGY

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

This one has no oil hedges and great balance sheet Hello
Posts: 115
Joined: Mon Mar 22, 2021 11:48 am

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
Posts: 25566
Joined: Fri Apr 23, 2010 8:22 am

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