This is just a reminder that none of MGY's production is hedged and their Eagle Ford oil sells at a premium to WTI.
There is significant upside to my valuation of $26/share of oil prices keep going up.
MGY already generates a lot of FREE CASH FLOW FROM OPERATIONS.
Magnolia Oil & Gas (MGY) Update - Jan 25
Magnolia Oil & Gas (MGY) Update - Jan 25
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group