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Filed: 2026-10-01 AccNo: 0001104659-26-112532 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
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Production and Capital OutlookEstimated production for the third quarter 2026 is expected to be 116 to 118 Mboe/d (~42% oil) after factoring in the closing of WildFire and the impact of divested non-core properties.
Truist Securities analyst Gabe Daoud reiterates Magnolia Oil & Gas (NYSE:MGY) with a Buy and raises the price target from $33 to $34.
Zacks highlights three stocks with recent broker rating upgrades despite Fed rate hikes and macroeconomic headwinds: Vince Holding Corp. (VNCE) with expected 172.7% earnings growth, Cognyte Software Ltd. (CGNT) with projected 67.9% earnings growth, and Magnolia Oil & Gas (MGY) with anticipated 64.3% earnings growth. All three stocks hold Zacks Rank #1 ratings.