Magnolia Oil & Gas (MGY) Valuation Update - Feb 3

[dan_s]

My current valuation of MGY is lowered by $1 to $29 per share.

None of MGY's production is hedged, so my lowered natural gas price deck lowered the valuation.

I do expect MGY's Q4 2023 earnings to beat the current First Call EPS estimate of $0.54.