Last 1.26 GBp
Change Today -0.09 / -6.67%
Volume 1.9M
MAGP On Other Exchanges
Symbol
Exchange
OTC US
London
As of 10:47 AM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

magnolia petroleum plc (MAGP) Snapshot

Open
1.31 GBp
Previous Close
1.35 GBp
Day High
1.35 GBp
Day Low
1.26 GBp
52 Week High
10/31/13 - 2.98 GBp
52 Week Low
08/18/14 - 0.95 GBp
Market Cap
11.5M
Average Volume 10 Days
2.2M
EPS TTM
--
Shares Outstanding
910.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MAGNOLIA PETROLEUM PLC (MAGP)

Related News

No related news articles were found.

magnolia petroleum plc (MAGP) Related Businessweek News

No Related Businessweek News Found

magnolia petroleum plc (MAGP) Details

Magnolia Petroleum plc is engaged in the acquisition, exploration, development, and production of onshore oil and gas properties primarily in the United States. The company has interests in two project areas, including Bakken shale in North Dakota, and Woodford and Hunton formations in Oklahoma, as well as has interests in Mississippi Formation in Oklahoma. It has approximately 13,500 net mineral acres in approximately 600 potential drilling locations. The company is based in Broken Arrow, Oklahoma.

7 Employees
Last Reported Date: 05/13/14

magnolia petroleum plc (MAGP) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $23.7K
Chief Operating Officer and Director
Total Annual Compensation: $199.2K
Compensation as of Fiscal Year 2013.

magnolia petroleum plc (MAGP) Key Developments

Magnolia Petroleum Plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Magnolia Petroleum Plc reported unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company has reported revenue from continuous operations of $1,755,459 compared to $910,721 a year ago. Operating loss was $352,417 compared to operating profit of $644,574 a year ago. Loss from ordinary activities before tax was $381,520 compared to profit from ordinary activities before tax of $644,574 a year ago. Loss for the period attributable to the equity holders of the company was $381,520 or $0.042 per basic and diluted share compared to profit for the period attributable to the equity holders of the company of $644,574 or $0.072 per diluted share a year ago. Net cash inflow from operating activities was $895,340 compared to $855,463 a year ago. Purchase of intangible assets was $153,758 compared to $1,863,181 a year ago. Purchase of property, plant and equipment was $2,165,507 compared to $2,488,000 a year ago. Half year EBITDA was $699,397 compared to $237,552 (after removing gain on foreign exchange) during six months to June 30, 2013.

Magnolia Petroleum Plc Reports Operational Results for the Period Ended June 30, 2014; Provides Earnings Guidance for the Full Year 2014

Magnolia Petroleum Plc reported operational results for the period ended June 30, 2014. Quarter Highlights: 155 producing wells - an increase of four during the period; Elected to participate in ten new wells including those with larger than average interests - 4.1% net revenue interest (`NRI') in the Rothermel 2MH & 4MH and the Lemmons 6MH & 5MH wells targeting the Mississippi Lime and Woodford formations, Oklahoma; Strong initial production rates from wells drilling to the Woodford which is increasingly being viewed as more prospective than the Mississippi Lime formation - the Parmley 1-1 WH well (445 boepd; 12.187% NRI) and Bolay well (542 boepd; 2.06% NRI). The company expects 244% increase in full year 2014 revenues to $2.443 million, in line with market expectations and full year 2014 EBITDA of $975,622 significantly ahead of market expectations.

Magnolia Petroleum plc Announces Audited Consolidated Earnings Results for the Fiscal Year Ended December 31, 2013; Provides Revenue Guidance for the Full Year of Fiscal 2014; Announces Change of UK Registered Office

Magnolia Petroleum Plc announced audited consolidated earnings results for the fiscal year ended December 31, 2013. For the period, the company announced revenue of $2,443,244 compared to $709,395 for the same period a year ago. Operating loss was $261,501 compared to $1,073,609 for the same period a year ago. Loss before tax was $281,817 compared to $1,075,178 for the same period a year ago. Loss for the year attributable to the owners of the parent company was $281,817 compared to $1,075,178 for the same period a year ago. Basic and diluted loss per share was 0.03 cents compared to 0.16 cents for the same period a year ago. Net cash generated from operating activities was $36,277,000 compared to net cash used in operating activities of $623,249,000 for the same period a year ago. Purchases of intangible assets were $1,605,763 compared to $5,691,408 for the same period a year ago. Purchases of property, plant and equipment was $4,165,785 compared to $2,407,158 for the same period a year ago. Full year EBITDA was $975,622 compared to loss of $359,944 in 2012. The company provided revenue guidance for the full year of fiscal 2014. In twelve months' time, the company expects to report additional growth in production, revenue and producing reserves. The company announced change of UK registered office. The company announced that it has changed its registered office to Suite 321, 19-21 Crawford Street, London, W1H 1PJ.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MAGP:LN 1.26 GBp -0.09

MAGP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for MAGP.
View Industry Companies
 

Industry Analysis

MAGP

Industry Average

Valuation MAGP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 6.1x
Price/Book 1.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 6.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MAGNOLIA PETROLEUM PLC, please visit www.magnoliapetroleum.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.