Aug. 1 at 11:09 AM
$MGY outperforms on Q2 earnings — but is it enough? 🤔
🌟 EPS beat at 43 cents vs. 40-cent consensus, aided by strong production volumes, though down from 56 cents last year.
📈 Revenue also topped estimates at
$319M, thanks to higher natural gas and NGL sales, despite a 5.3% decline from last year's
$337M.
Full breakdown here 👉 https://www.zacks.com/stock/news/2648489/magnolia-q2-earnings-revenues-beat-estimates-on-strong-production?cid=sm-stocktwits-2-2648489-body-5279&ADID=SYND_STOCKTWITS_TWEET_2_2648489_BODY_5279