(NYSE: MGY) Magnolia Oil & Gas's forecast annual revenue growth rate of 4.62% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 1.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.55%.
Magnolia Oil & Gas's revenue in 2023 is $1,253,393,000.On average, 7 Wall Street analysts forecast MGY's revenue for 2023 to be $259,529,392,106, with the lowest MGY revenue forecast at $256,866,519,060, and the highest MGY revenue forecast at $261,649,379,442. On average, 7 Wall Street analysts forecast MGY's revenue for 2024 to be $294,736,420,776, with the lowest MGY revenue forecast at $272,105,416,209, and the highest MGY revenue forecast at $313,888,153,228.
In 2025, MGY is forecast to generate $284,561,558,226 in revenue, with the lowest revenue forecast at $279,314,905,322 and the highest revenue forecast at $289,808,211,130.