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Fly News Breaks for August 30, 2019
MGY
Aug 30, 2019 | 07:11 EDT
Barclays analyst William Thompson started Magnolia Oil & Gas with an Overweight rating and $13 price target. This Eagle Ford pure-play "breaks the mold" with a defensive strategy of balancing free cash flow, accretive bolt-on acquisitions, inventory delineation, and a conservative balance sheet, Thompson tells investors in a research note.
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