ESTE
Price
$21.18
Change
-$0.00 (-0.00%)
Updated
Oct 31, 6:59 PM EST
97 days until earnings call
MGY
Price
$20.34
Change
-$0.38 (-1.83%)
Updated
Dec 6, 6:59 PM EST
69 days until earnings call
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Compare predictions ESTE vs MGY

Header iconESTE vs MGY Comparison
Open Charts ESTE vs MGYBanner chart's image
Earthstone Energy
Price$21.18
Change-$0.00 (-0.00%)
Volume$914.57K
CapitalizationN/A
Magnolia Oil & Gas
Price$20.34
Change-$0.38 (-1.83%)
Volume$808.26K
CapitalizationN/A
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ESTE vs MGY Comparison Chart

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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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VS
ESTE vs. MGY commentary
Dec 07, 2023

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ESTE is a Hold and MGY is a Hold.

COMPARISON
Comparison
Dec 07, 2023
Stock price -- (ESTE: $21.17 vs. MGY: $20.34)
Brand notoriety: ESTE and MGY are both not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: ESTE: 162% vs. MGY: 118%
Market capitalization -- ESTE: $2.25B vs. MGY: $4.06B
ESTE [@Oil & Gas Production] is valued at $2.25B. MGY’s [@Oil & Gas Production] market capitalization is $4.06B. The market cap for tickers in the [@Oil & Gas Production] industry ranges from $136.31B to $0. The average market capitalization across the [@Oil & Gas Production] industry is $3.76B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ESTE’s FA Score shows that 1 FA rating(s) are green whileMGY’s FA Score has 3 green FA rating(s).

  • ESTE’s FA Score: 1 green, 4 red.
  • MGY’s FA Score: 3 green, 2 red.
According to our system of comparison, MGY is a better buy in the long-term than ESTE.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

MGY’s TA Score shows that 3 TA indicator(s) are bullish.

  • MGY’s TA Score: 3 bullish, 5 bearish.

Price Growth

ESTE (@Oil & Gas Production) experienced а 0.00% price change this week, while MGY (@Oil & Gas Production) price change was -5.26% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was +6.45%. For the same industry, the average monthly price growth was +3.82%, and the average quarterly price growth was +6.39%.

Reported Earning Dates

ESTE is expected to report earnings on Mar 13, 2024.

MGY is expected to report earnings on Feb 14, 2024.

Industries' Descriptions

@Oil & Gas Production (+6.45% weekly)

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

SUMMARIES
A.I.dvisor published
a Summary for ESTE with price predictions.
OPEN
A.I.dvisor published
a Summary for MGY with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
MGY($4.06B) has a higher market cap than ESTE($2.25B). MGY has higher P/E ratio than ESTE: MGY (8.08) vs ESTE (7.33). ESTE YTD gains are higher at: 49.787 vs. MGY (-11.394). MGY has more cash in the bank: 96.7M vs. ESTE (0). MGY has less debt than ESTE: MGY (392M) vs ESTE (1.05B).
ESTEMGYESTE / MGY
Capitalization2.25B4.06B56%
EBITDA1.1BN/A-
Gain YTD49.787-11.394-437%
P/E Ratio7.338.0891%
Revenue1.75BN/A-
Total Cash096.7M-
Total Debt1.05B392M267%
FUNDAMENTALS RATINGS
ESTE vs MGY: Fundamental Ratings
ESTE
MGY
OUTLOOK RATING
1..100
508
VALUATION
overvalued / fair valued / undervalued
1..100
76
Overvalued
35
Fair valued
PROFIT vs RISK RATING
1..100
1931
SMR RATING
1..100
9128
PRICE GROWTH RATING
1..100
5070
P/E GROWTH RATING
1..100
3724
SEASONALITY SCORE
1..100
8565

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

MGY's Valuation (35) in the Oil And Gas Production industry is somewhat better than the same rating for ESTE (76). This means that MGY’s stock grew somewhat faster than ESTE’s over the last 12 months.

ESTE's Profit vs Risk Rating (19) in the Oil And Gas Production industry is in the same range as MGY (31). This means that ESTE’s stock grew similarly to MGY’s over the last 12 months.

MGY's SMR Rating (28) in the Oil And Gas Production industry is somewhat better than the same rating for ESTE (91). This means that MGY’s stock grew somewhat faster than ESTE’s over the last 12 months.

ESTE's Price Growth Rating (50) in the Oil And Gas Production industry is in the same range as MGY (70). This means that ESTE’s stock grew similarly to MGY’s over the last 12 months.

MGY's P/E Growth Rating (24) in the Oil And Gas Production industry is in the same range as ESTE (37). This means that MGY’s stock grew similarly to ESTE’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
MGY
RSI
ODDS (%)
N/A
Stochastic
ODDS (%)
Bullish Trend 1 day ago
85%
Momentum
ODDS (%)
Bearish Trend 1 day ago
70%
MACD
ODDS (%)
Bearish Trend 1 day ago
75%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
75%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
77%
Advances
ODDS (%)
Bullish Trend 6 days ago
76%
Declines
ODDS (%)
Bearish Trend 1 day ago
80%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
78%
Aroon
ODDS (%)
Bearish Trend 1 day ago
86%
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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MGY and

Correlation & Price change

A.I.dvisor indicates that over the last year, MGY has been closely correlated with MUR. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if MGY jumps, then MUR could also see price increases.

1D
1W
1M
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6M
1Y
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Ticker /
NAME
Correlation
To MGY
1D Price
Change %
MGY100%
-1.88%
MUR - MGY
86%
Closely correlated
-3.42%
SM - MGY
85%
Closely correlated
-3.35%
APA - MGY
85%
Closely correlated
-2.18%
NOG - MGY
84%
Closely correlated
-3.79%
ERF - MGY
84%
Closely correlated
-3.21%
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