Magnolia Oil & Gas Corp

Magnolia Oil & Gas Corp. engages in oil and gas exploration and production business. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on July 31, 2018 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Magnolia Oil & Gas Corp reports record 2022 results and plans for steady growth

Magnolia Oil & Gas Corp delivered a record year in 2022 with strong financial performance, high production, and enhanced shareholder value through share repurchases and dividend growth. The company's focus on cost management and operational efficiency led to a 63% pre-tax operating margin.
Despite challenges in predicting short-term results and balancing capital allocation, Magnolia remains well-positioned with significant cash reserves, expansion plans, and a commitment to steady dividend growth. Opportunities lie in expanding development programs, potential acquisitions, and maintaining financial prudence for long-term success.

Magnolia Oil & Gas Corp (MGY) reports strong Q1 results and focuses on financial strength and shareholder value

Magnolia Oil & Gas Corp (MGY) delivered a robust performance in Q1 2023, marked by production growth, free cash flow, and prudent cost management. The company's emphasis on financial strength, shareholder value, and operational efficiency positions it well for future growth. Addressing challenges and capitalizing on opportunities will be key for sustained success.

Magnolia Oil & Gas Corp reports robust Q2 earnings performance

Magnolia Oil & Gas Corp delivered strong financial performance in Q2 2023, driven by production growth, cost-saving initiatives, and shareholder-focused strategies, despite analyst concerns about transparency and valuation.
The company's emphasis on efficiency, capital discipline, and strategic acquisitions positions it well for future growth opportunities and value creation, with a commitment to enhancing shareholder returns and operational excellence.
Navigating challenges related to market dynamics, inflation, and investor sentiment will be crucial for Magnolia to sustain its growth trajectory, capitalize on opportunities, and address areas for improvement to drive long-term success.

Magnolia Oil & Gas Corp reports record production and strong financials

Magnolia Oil & Gas Corp's Q3 2023 performance reflects strong operational results, robust financial management, and a strategic focus on shareholder value. Despite challenges in service costs and steel price uncertainties, the company remains optimistic about future prospects, driven by acquisitions and operational enhancements.

Magnolia Oil & Gas Corp reports robust Q4 performance and growth outlook

Magnolia Oil & Gas Corp delivered a strong performance in Q4 2023, showcasing operational excellence and financial resilience.
The company's strategic focus on efficiency, cost discipline, and shareholder value creation positions it well for sustainable growth.
Despite facing challenges in maintaining production growth, Magnolia's robust balance sheet, operational strengths, and growth opportunities bode well for its future success.

Magnolia Oil & Gas Corp excels in Q1 2024, eyes growth through efficiency and acquisitions

Magnolia Oil & Gas Corp delivered strong Q1 results with robust production growth, efficient cost management, and strategic acquisitions, positioning the company for sustained performance and value creation.
The focus on operational excellence, cash flow generation, and shareholder returns underscores management's commitment to driving long-term growth and maximizing asset potential.
While challenges exist in cost reduction targets and refrac work decisions, Magnolia Oil & Gas Corp's strategic initiatives and focus on high-margin assets offer opportunities for continued growth and value enhancement.
By balancing operational efficiencies, capital allocation, and growth strategies, the company aims to optimize resource utilization, drive profitability, and enhance shareholder value in a competitive market environment.

Magnolia Oil & Gas Corp (MGY) reports robust Q2 performance

Magnolia Oil & Gas Corp (MGY) delivered a strong Q2 performance with production growth, financial stability, and strategic acquisitions driving positive results.
While facing challenges in a volatile market environment, Magnolia's operational efficiency and financial resilience position it well for future growth and profitability.
By capitalizing on opportunities for expansion, innovation, and sustainability, Magnolia can navigate challenges and drive value for shareholders in the energy sector.

Magnolia Oil & Gas Corp reports strong Q3 performance and growth opportunities

Magnolia Oil & Gas Corp demonstrated operational strength and efficiency in Q3 despite challenges from midstream facility outages.
The company's financial position remains robust with strong cash reserves and operational growth in key areas like the Giddings region.
Opportunities for further growth and investment exist through additional drilling, capital spending, and sustained production levels.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Magnolia Oil & Gas Corp. engages in the acquisition, development, exploration, and production of oil and natural gas properties. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on February 14, 2017 and is headquartered in Houston, TX.

Weak crude pricing scenario and rising lease operating expenses hurt Magnolia (MGY).

Here's Why You Should Steer Clear of Magnolia (MGY) Now

Chairman, President & CEO of Magnolia Oil & Gas Corp (30-Year Financial, Insider Trades) Stephen I Chazen (insider trades) bought 25,000 shares of MGY on 08/09/2019 at an average price of $10.22 a share.

Magnolia Oil & Gas Corp (MGY) Chairman, President & CEO Stephen I Chazen Bought $255,500 of Shares

Magnolia Oil & Gas Corporation (MGY) CEO Steve Chazen on Q2 2019 Results - Earnings Call Transcript

A continued look at cash flow in the shale patch.

State Of Flow Part II: Magnolia Oil And Gas Corp's Big Bet On Cash Flow Creation

Alpha Metallurgical Resources

Centennial Resource Development

Occidental Petroleum

State Of Flow Part II: Magnolia Oil & Gas Corp.'s Big Bet On Cash Flow Creation

Magnolia Oil & Gas (MGY) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

Magnolia Oil & Gas (MGY) Jumps: Stock Rises 7.4%

Magnolia Oil & Gas' (MGY) CEO Steve Chazen on Q1 2019 Results - Earnings Call Transcript

Magnolia Oil & Gas: High Margin, Free Cash Flow Story Continues

News for Magnolia Oil & Gas Corp Stock (MGY)