Magnolia Oil & Gas – Investment Thesis
Hieu Nguyen, Analyst | May 02, 2021
Magnolia Oil & Gas (NYSE: MGY) is a small oil producer and a great long-term investment for retail investors and small funds, who want to not only take advantage of oil price increases in the near future but also look for a long-term addition to their energy portfolios. The company has strong and predictable cash flows even at low oil prices. We initiated a new position in $MGY in 2020...
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