Magnolia Oil & Gas (MGY) Doubles Profits While Betting Big On Growth
On August 5, Magnolia Oil & Gas (NYSE:MGY) reported second-quarter results that more than doubled profits and cash generation from a year earlier, all while the company was in the middle of financing its biggest acquisition to date. Net income came in at $181.8 million, up 124% from $81 million, and diluted earnings per share […]