Friday 6 November 2026 Export MGY’s income statement to Excel — free account

Magnolia Oil & Gas Corp

Magnolia Oil & Gas Corp’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, roughly unchanged from fiscal 2024.

Revenue: +58.2%
EPS: +136.6%
Free cash flow: +176.0%
Total debt: +393.0%

Quarter to September 2026, against a year earlier

23.59 0.22 +0.94%

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Market cap: $6.3B
P/E: 10.3×
Fwd P/E: 9.4×
Dividend yield: 2.80%
F-score: 6/9
Altman Z: 4.18
Beneish M: −3.45
Dividend safety: 74/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Magnolia Oil & Gas Corp (MGY) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by products and services, and margins
Oil revenues	918	69.98%
Natural gas liquids revenues	204	15.52%
Natural gas revenues	190	14.50%
Gross margin		94.89%
Operating margin		33.48%
Pre-tax margin		31.82%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2017
Oil revenues	918 69.98%	1,047 79.54%	958 78.11%	1,158 68.34%	748 69.36%	422 77.87%	776 82.34%	350 86.86%
Natural gas liquids revenues	204 15.52%	179 13.60%	167 13.57%	235 13.87%	158 14.63%	49 9.12%	70 7.47%	27 6.71%
Natural gas revenues	190 14.50%	90 6.86%	102 8.32%	301 17.79%	173 16.01%	70 13.01%	96 10.19%	26 6.43%
Revenue	1,312	1,316	1,227	1,694	1,078	541	942	403

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Average daily natural gas liquids production	Q3 FY2026	33.0K	29.3K	+12.50%
Average daily natural gas production	Q3 FY2026	211.1K	190.4K	+10.90%
Average daily oil production	Q3 FY2026	49.1K	39.4K	+24.48%
Average daily production	Q3 FY2026	117.3K	100.5K	+16.69%
Average natural gas liquids sales price	Q3 FY2026	$24.84	$18.98	+30.87%
Average natural gas sales price	Q3 FY2026	$2.24	$2.46	−8.94%
Average oil sales price	Q3 FY2026	$87.18	$63.55	+37.18%
Average total sales price	Q3 FY2026	$47.63	$35.14	+35.54%
Gathering, transportation, and processing per boe	Q3 FY2026	$1.82	$1.92	−5.21%
Giddings production	Q3 FY2026	97.7K	79.2K	+23.36%
Lease operating expenses per boe	Q3 FY2026	$5.19	$5.25	−1.14%
Natural gas liquids production	Q3 FY2026	3.0M	2.7M	+12.48%
Natural gas production	Q3 FY2026	19.4B	17.5B	+10.90%
Natural gas realization to benchmark	Q3 FY2026	76.0%	80.0%	—
Oil production	Q3 FY2026	4.5M	3.6M	+24.48%
Oil realization to benchmark	Q3 FY2026	102.0%	98.0%	—
Taxes other than income per boe	Q3 FY2026	$2.31	$2.20	+5.00%
Total production	Q3 FY2026	10.8M	9.2M	+16.69%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Average daily natural gas liquids production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average daily natural gas production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average daily oil production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average daily production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average natural gas liquids sales price	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average natural gas sales price	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average oil sales price	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average total sales price	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gathering, transportation, and processing per boe	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Giddings production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Lease operating expenses per boe	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Natural gas liquids production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Natural gas production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Natural gas realization to benchmark	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Oil production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Oil realization to benchmark	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Taxes other than income per boe	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total production	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.