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Magnolia Oil & Gas Corporation (MGY)

NYSE - Nasdaq Real Time Price. Currency in USD
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23.65+0.27 (+1.15%)
At close: 04:00PM EDT
24.13 +0.48 (+2.03%)
After hours: 07:21PM EDT

Magnolia Oil & Gas Corporation

Nine Greenway Plaza
Suite 1300
Houston, TX 77046
United States
713 842 9050
https://www.magnoliaoilgas.com

Sector(s)Energy
IndustryOil & Gas E&P
Full Time Employees192

Key Executives

NameTitlePayExercisedYear Born
Mr. Stephen I. ChazenPres, Chairman & CEO349.16kN/A1947
Mr. Christopher G. StavrosCFO & Exec. VP1.21MN/A1963
Mr. Steve F. MillicanSr. VP of Operations741.89kN/A1976
Mr. Timothy D. YangExec. VP, Gen. Counsel & Corp. Sec.1.05MN/A1972
Mr. Brian Michael Corales CPAVP of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.

Corporate Governance

Magnolia Oil & Gas Corporation’s ISS Governance QualityScore as of July 31, 2022 is 2. The pillar scores are Audit: 4; Board: 4; Shareholder Rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.