Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

MGY Relative to the S&P 500

MGY Relative to the Sector

% of Revenue Generated in Each Quarter

% of Free Cash Flow Generated in Each Quarter

% of Net Income Generated in Each Quarter

Seasonal Chart Analysis

Analysis of the Magnolia Oil & Gas Corporation (NYSE:MGY) seasonal charts above shows that a Buy Date of July 16 and a Sell Date of November 23 has resulted in a geometric average return of 7.01% above the benchmark rate of the S&P 500 Total Return Index over the past 8 years. This seasonal timeframe has shown positive results compared to the benchmark in 6 of those periods. This is a good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 8 years by an average of 8.82% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Energy sector, which runs from January 21 to May 9. The seasonal chart for the broad sector is available via the following link: Energy Sector Seasonal Chart.

A word of caution: Only 8 years of data is available for shares of MGY, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Magnolia Oil & Gas Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on February 14, 2017 and is headquartered in Houston, TX.

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Stocks mentioned in this post: MGY