- Magnolia Oil & Gas owns low-cost, high-margin Austin Chalk and Eagle Ford acreage in South Texas. Production from there enjoys advantageous sale price realization.
- The management has been delivering industry-leading profitability while maintaining a bulletproof balance sheet. It rewards shareholders through safe and growing dividends as well as stock repurchase.
- Magnolia appears to offer investors an extremely attractive risk-reward profile at this time, characterized by robust downside protection and >100% upside.
For further details see:
Magnolia Oil & Gas: Invest For Its High Margins, Bulletproof Balance Sheet