Magnolia Oil & Gas Corporation (MGY) NYSE

23.80

-0.33(-1.37%)

Updated at September 12 04:00PM

Currency In USD

Magnolia Oil & Gas Corporation

Address

Nine Greenway Plaza

Houston, TX 77046

United States of America

Phone

713 842 9050

Sector

Energy

Industry

Oil & Gas Exploration & Production

Employees

252

First IPO Date

June 29, 2017

Key Executives

NameTitlePayYear Born
Mr. Christopher G. StavrosPresident, Chief Executive Officer & Director2.23M1963
Mr. Brian Michael Corales CPASenior Vice President, Chief Financial Officer and Principal Accounting & Financial Officer1.16M1980
Mr. Timothy D. YangExecutive Vice President, General Counsel, Corporate Secretary & Land1.19M1972
Tom FitterInvestor Relations Executive0N/A
Mr. Jim JohnsonVice President of Finance, IR & Treasurer0N/A

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.