Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Magnolia Oil & Gas's share price for the quarter that ended in Mar. 2024 was $25.95. Magnolia Oil & Gas's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 181 Mil. Therefore, Magnolia Oil & Gas's market cap for the quarter that ended in Mar. 2024 was $4,710 Mil.
Magnolia Oil & Gas's quarterly market cap
declined
from Sep. 2023 ($4,252 Mil) to Dec. 2023 ($3,900 Mil) but then
increased
from Dec. 2023 ($3,900 Mil) to Mar. 2024 ($4,710 Mil).
Magnolia Oil & Gas's annual market cap
increased
from Dec. 2021 ($3,383 Mil) to Dec. 2022 ($4,503 Mil) but then
declined
from Dec. 2022 ($4,503 Mil) to Dec. 2023 ($3,900 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Magnolia Oil & Gas's Enterprise Value for Today is $4,501 Mil.
Magnolia Oil & Gas Market Cap Historical Data
The historical data trend for Magnolia Oil & Gas's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Magnolia Oil & Gas's Market Cap
For the Oil & Gas E&P subindustry, Magnolia Oil & Gas's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Magnolia Oil & Gas's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's Market Cap distribution charts can be found below:
* The bar in red indicates where Magnolia Oil & Gas's Market Cap falls into.
Magnolia Oil & Gas Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Magnolia Oil & Gas's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magnolia Oil & Gas (NYSE:MGY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Magnolia Oil & Gas Market Cap Related Terms
Thank you for viewing the detailed overview of Magnolia Oil & Gas's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Magnolia Oil & Gas (Magnolia Oil & Gas) Business Description
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The Company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.
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