Invest on your own
Build your own portfolio, stock by stock.
We do it for you
Professionally managed portfolios, built and rebalanced for you.
NEW
How we screen every stock
Our halal screening & purification process in 3 minutes
Screeners
Your portfolio
Calculators
TOOL
Check any stock in seconds
Search 11,000+ tickers and see the halal verdict instantly.
Our certifications
Independent proof that every stock and portfolio meets halal standards.
METHODOLOGY
How we screen every stock
Our 5-step halal methodology, in 90 seconds.
Get help
NEW
Halal investing 101
A beginner-friendly intro to investing the halal way.
Plans by product
COMPARE
Find your plan
See every feature side-by-side and pick what fits.
Investors
INVESTORS
Invest in Musaffa
We're building the financial house for 1.9B Muslims. See the deck.
MGY Shariah Compliance
Screening Methodology: AAOIFI
HALAL
Last Updated: May 18, 2026
Report Source: 2026 1st Quarter Report
Magnolia Oil & Gas Corp. Stock Analysis MGY
United States Energy Mid Cap Report: Magnolia Oil & Gas Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. The company is headquartered in Houston, Texas and currently employs 262 full-time employees. The company went IPO on 2017-06-26. The Company’s oil and natural gas properties are located primarily in the Karnes and Giddings areas in South Texas. Its assets consist of a total leasehold position of approximately 817,907 gross (604,057 net) acres, including 79,067 gross (54,936 net) acres in the Karnes area and 738,840 gross (549,121 net) acres in the Giddings area. The Giddings area is comprised of oil and natural gas assets primarily located in Brazos, Burleson, Fayette, Grimes, Lee, Milam, Robertson, and Washington Counties, Texas. The Karnes area is comprised of oil and natural gas assets primarily located in Karnes, Dimmit, Gonzales, and Zavala Counties, Texas, in the core of the Eagle Ford Shale. The acreage comprising the Karnes area also includes the Austin Chalk formation overlying the Eagle Ford Shale.
Read More Magnolia Oil & Gas Corp (MGY) Chart
Key Statistics of Magnolia Oil & Gas Corp (MGY)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$26.83Volume
3.16MP/E Ratio (TTM)
15.6752 Week Range
Market Cap
5.57BAvg. Volume
2.64MDividend Yield
2.25%Financial Metrics & Statements of Magnolia Oil & Gas Corp (MGY)
FAQ's for Magnolia Oil & Gas Corp (MGY)
- According to Musaffa’s Shariah screening methodology, Magnolia Oil & Gas Corp (MGY) is currently classified as HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Magnolia Oil & Gas Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Magnolia Oil & Gas Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Magnolia Oil & Gas Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Magnolia Oil & Gas Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Magnolia Oil & Gas Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.