Magnolia Oil & Gas Corp (MGY) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Magnolia Oil & Gas reported revenue of $1.31B, down 0.3% from $1.32B the year before. Net income was $325.3M (a 24.8% net margin), or $1.75 per diluted share. Operating margin was 33.5%. Operating activities generated $878.6M of cash. At fiscal year end, Magnolia Oil & Gas held $2.90B in total assets against $903.9M in total liabilities, including $266.8M of cash and equivalents.
Open the full interactive Magnolia Oil & Gas financials → Quarterly statements, key ratios, valuation history and price charts.
Magnolia Oil & Gas Key Stats
| Share Price | $25.11 |
|---|---|
| Market Cap | $4.63B |
| P/E Ratio | 14.3 |
| Revenue YoY Growth | -0.3% |
| 52-Week Range | $20.84 – $31.94 |
| Shares Outstanding | 184.6 million (basic, 2026 Q2) |
Magnolia Oil & Gas Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $534.5M | $1.08B | $1.69B | $1.23B | $1.32B | $1.31B |
| Operating Income | -$1.93B | $602.6M | $1.07B | $534.5M | $512.0M | $439.2M |
| Pre-Tax Income | -$1.95B | $568.6M | $1.06B | $549.8M | $493.1M | $417.4M |
| Income Tax | -$79.3M | $8.9M | $6.6M | $107.2M | $95.8M | $80.1M |
| Net Income | -$1.21B | $417.3M | $893.8M | $388.3M | $366.0M | $325.3M |
| Diluted EPS | -$7.27 | $2.38 | $4.76 | $2.06 | $1.96 | $1.75 |
Magnolia Oil & Gas Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $324.9M | $317.6M | $358.5M | $478.8M |
| Net Income | $75.5M | $68.8M | $99.8M | $181.8M |
| Diluted EPS | $0.41 | $0.37 | $0.54 | $0.98 |
Magnolia Oil & Gas Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $192.6M | $367.0M | $675.4M | $401.1M | $260.0M | $266.8M |
| Current Assets | $281.5M | $518.8M | $850.7M | $591.3M | $410.8M | $442.4M |
| Total Assets | $1.45B | $1.75B | $2.57B | $2.76B | $2.82B | $2.90B |
| Current Liabilities | $128.9M | $218.5M | $340.3M | $314.9M | $290.3M | $288.0M |
| Total Long-Term Debt | $391.1M | $388.1M | $390.4M | $392.8M | $392.5M | $393.3M |
| Total Liabilities | $614.0M | $701.5M | $832.4M | $873.5M | $853.5M | $903.9M |
| Shareholders' Equity | $839.4M | $1.05B | $1.74B | $1.88B | $1.97B | $2.00B |
Magnolia Oil & Gas Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $310.1M | $788.5M | $1.30B | $855.8M | $920.9M | $878.6M |
| Cash From Investing | -$270.0M | -$243.4M | -$518.9M | -$814.9M | -$655.1M | -$540.7M |
| Cash From Financing | -$30.2M | -$370.6M | -$469.3M | -$315.2M | -$406.8M | -$331.2M |
Figures from Magnolia Oil & Gas' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Magnolia Oil & Gas financials page for every line item.
Magnolia Oil & Gas Company Profile
| Ticker | MGY |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001698990 |
Frequently Asked Questions
What was Magnolia Oil & Gas' revenue in fiscal 2025?
Magnolia Oil & Gas (MGY) reported revenue of $1.31B for fiscal 2025.
What is Magnolia Oil & Gas' annual revenue history?
Magnolia Oil & Gas' annual revenue by fiscal year: 2020: $534.5M; 2021: $1.08B; 2022: $1.69B; 2023: $1.23B; 2024: $1.32B; 2025: $1.31B.
What was Magnolia Oil & Gas' net income in fiscal 2025?
Magnolia Oil & Gas reported net income of $325.3M for fiscal 2025.
What was Magnolia Oil & Gas' earnings per share (EPS) in fiscal 2025?
Magnolia Oil & Gas' diluted EPS was $1.75 for fiscal 2025 (adjusted for any later stock splits).
What was Magnolia Oil & Gas' revenue last quarter?
In its most recent reported quarter (2026 Q2), Magnolia Oil & Gas reported revenue of $478.8M.
How much debt does Magnolia Oil & Gas have?
Magnolia Oil & Gas reported $393.3M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Magnolia Oil & Gas are outstanding?
Magnolia Oil & Gas reported a weighted average of 184.6 million basic shares outstanding in 2026 Q2.
What is Magnolia Oil & Gas' market cap?
Based on its latest closing price, Magnolia Oil & Gas (MGY) has a market capitalization of about $4.63B.
When does Magnolia Oil & Gas' fiscal year end?
Magnolia Oil & Gas' fiscal year end, as registered with the SEC, is December 31.
Where is Magnolia Oil & Gas headquartered?
Magnolia Oil & Gas lists its business address in Houston, Texas in its SEC filings.