Magnolia Oil & Gas is a holding company. Through its subsidiaries, Co. is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid reserves. Co.'s oil and natural gas properties are located primarily in Karnes County and the Giddings area in South Texas, where it targets the Eagle Ford Shale and the Austin Chalk formations. We show 23 historical shares outstanding datapoints in our coverage of MGY's shares outstanding history.
Understanding the changing numbers of MGY shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MGY versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching MGY by allowing them to research MGY shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
