Magnolia Oil & Gas Launches $1B Stock Offering

Magnolia Oil & Gas down 5.7% after launching public stock offering Magnolia Oil & Gas has commenced a public offering of $1B of common shares. The company has given underwriters an option to purchase up to an additional $150M of shares. The funds from the o

Magnolia Oil & Gas down 5.7% after launching public stock offering

Magnolia Oil & Gas has commenced a public offering of $1B of common shares.

The company has given underwriters an option to purchase up to an additional $150M of shares.

The funds from the offering will be used by Magnolia Oil & Gas for its operations.

Leave a Reply

Your email address will not be published. Required fields are marked *