Magnolia Oil & Gas (NYSE:MGY) reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Magnolia Oil & Gas beat estimated earnings by 2.5%, reporting an EPS of $0.82 versus an estimate of $0.8.
Revenue was up $182.92 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06, which was followed by a 4.57% drop in the share price the next day.
Here's a look at Magnolia Oil & Gas's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.61 | 0.36 | 0.26 | 0.10 |
| EPS Actual | 0.67 | 0.56 | 0.38 | 0.15 |
| Revenue Estimate | 273.95M | 223.94M | 190.10M | 143.06M |
| Revenue Actual | 283.58M | 250.73M | 207.66M | 149.24M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
