MGY

Magnolia Oil & Gas Corporation (NYSE:MGY) is an independent oil and gas exploration and production company founded in 2017 and headquartered in Houston, Texas. The company went public in June 2017 and has since established itself as a focused operator in South Texas, primarily developing unconventional shale resources in the Eagle Ford Shale and Austin Chalk formations. Magnolia has built its business around two core asset areas: the Karnes County region and the larger Giddings Field, with the latter becoming increasingly dominant in the company's production portfolio and growth strategy.