Magnolia Oil & Gas (MGY) Update - Jan 25

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dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

Magnolia Oil & Gas (MGY) Update - Jan 25

Post by dan_s »

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.
Dan Steffens
Energy Prospectus Group
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