Magnolia Oil & Gas Corp
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Energy : Oil, Gas & Consumable Fuels | Small Cap Blend

Magnolia Oil & Gas Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. Its oil and natural gas properties are located primarily in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its assets consist of a total leasehold position of 688,033 gross (482,015 net) acres, including 43,022 gross (23,259 net) acres in the Karnes area and 645,011 gross (458,756 net) acres in the Giddings area. The Karnes County Assets are located in Karnes, Gonzales, DeWitt, and Atascosa Counties, Texas, in the core of the Eagle Ford Shale. The acreage comprising the Karnes County Assets also includes the Austin Chalk formation overlying the Eagle Ford Shale. The Giddings Assets are located in Austin, Brazos, Burleson, Fayette, Lee, Grimes, Montgomery, and Washington Counties, Texas.

Closing Price: $22.25

Day's Change: -0.05 (-0.22%)

Bid: --

Ask: --

B/A Size: --

Day's High: 22.68

Day's Low: 22.19

Volume (Light) Volume: 1,581,604 10-day average volume: 1,998,240: 1,581,604

ChargePoint, EVgo stocks fall after Tesla and GM ink charging deal

6:27 am ET June 9, 2023 (MarketWatch) Print

Shares of some electric-vehicle charging companies were moving lower in Friday's premarket trading after Tesla Inc. (TSLA) said it would open its charging network to General Motors Co. (GM) ChargePoint Holdings Inc. shares (CHPT) were down more than 3% premarket, while EVgo Inc. shares (EVGO) were down more than 4%. Blink Charging Co.'s stock (BLNK) was down 0.5%. GM said Thursday that owners of its cars would have access to a network of 12,000 Tesla "Superchargers" within North America. Tesla and Ford Motor Co. (F)previously reached a similar arrangement.

-Emily Bary

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

June 09, 2023 06:27 ET (10:27 GMT)

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