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Magnolia Oil & Gas (MGY) Financials

Magnolia Oil & Gas logo
$23.50 +0.12 (+0.51%)
Closing price 03:59 PM Eastern
Extended Trading
$23.64 +0.14 (+0.60%)
As of 05:11 PM Eastern
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Annual Income Statements for Magnolia Oil & Gas

Annual Income Statements for Magnolia Oil & Gas

This table shows Magnolia Oil & Gas' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 0.00 0.00 50 -1,208 417 894 388 366
Consolidated Net Income / (Loss)		 0.00 179 85 -1,869 560 1,050 443 397
Net Income / (Loss) Continuing Operations		 0.00 179 85 -1,869 560 1,050 443 397
Total Pre-Tax Income 		0.00 182 100 -1,948 569 1,057 550 493
Total Revenue		 0.00 403 942 541 1,078 1,694 1,227 1,316
Net Interest Income / (Expense)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income		 0.00 403 942 541 1,078 1,694 1,227 1,316
Other Non-Interest Income		 0.00 403 942 541 1,078 1,694 1,227 1,316
Total Non-Interest Expense		 0.00 213 843 2,496 507 621 692 804
Other Operating Expenses		 0.00 56 304 817 310 378 352 389
Depreciation Expense		 - 130 524 283 188 243 325 414
Nonoperating Income / (Expense), net		 0.00 -8.40 0.62 6.04 -3.03 -17 15 -19
Income Tax Expense		 0.00 2.74 15 -79 8.85 6.64 107 96
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.00 0.00 35 -661 142 156 54 31
Basic Earnings per Share		 $0.00 $0.00 $0.29 ($7.27) $2.38 $4.73 $2.04 $1.94
Weighted Average Basic Shares Outstanding		 0.00 0.00 161.89M 166.27M 174.36M 187.43M 188.17M 186.47M
Diluted Earnings per Share		 $0.00 $0.00 $0.28 ($7.27) $2.36 $4.71 $2.04 $1.94
Weighted Average Diluted Shares Outstanding		 0.00 0.00 167.05M 166.27M 175.36M 187.90M 188.36M 186.49M
Weighted Average Basic & Diluted Shares Outstanding		 - - 253.12M 248.57M 226.58M 213.89M 204.28M 194.16M
Cash Dividends to Common per Share		 - - - - $0.08 $0.40 $0.46 $0.52

Quarterly Income Statements for Magnolia Oil & Gas

This table shows Magnolia Oil & Gas' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 245 232 96 91 102 98 85 96 100 86 103
Consolidated Net Income / (Loss)		 287 255 107 105 117 114 98 105 106 89 107
Net Income / (Loss) Continuing Operations		 287 255 107 105 117 114 98 105 106 89 107
Total Pre-Tax Income 		306 196 126 129 149 145 118 132 132 111 132
Total Revenue		 483 349 308 280 316 323 319 337 333 327 350
Net Interest Income / (Expense)		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Income		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Non-Interest Income		 483 349 308 280 316 323 319 337 333 327 350
Other Non-Interest Income		 483 349 308 280 316 323 319 337 333 327 350
Total Non-Interest Expense		 176 129 181 159 168 185 195 202 204 203 214
Other Operating Expenses		 108 66 111 82 86 73 98 98 97 97 109
Depreciation Expense		 69 64 71 77 81 96 97 105 107 105 106
Nonoperating Income / (Expense), net		 -0.17 -23 -0.65 9.26 -0.48 7.23 -6.63 -2.47 3.43 -13 -4.04
Income Tax Expense		 19 -59 20 25 31 32 20 27 27 22 25
Net Income / (Loss) Attributable to Noncontrolling Interest		 41 23 10 13 15 15 13 9.55 6.13 3.11 3.72
Basic Earnings per Share		 $1.29 $1.22 $0.50 $0.48 $0.54 $0.52 $0.46 $0.51 $0.52 $0.45 $0.54
Weighted Average Basic Shares Outstanding		 188.64M 187.43M 191.78M 189.40M 187.09M 188.17M 182.37M 184.94M 187.86M 186.47M 188.65M
Diluted Earnings per Share		 $1.29 $1.20 $0.50 $0.48 $0.54 $0.52 $0.46 $0.51 $0.52 $0.45 $0.54
Weighted Average Diluted Shares Outstanding		 189.07M 187.90M 192.05M 189.57M 187.27M 188.36M 182.42M 184.97M 187.87M 186.49M 188.66M
Weighted Average Basic & Diluted Shares Outstanding		 216.20M 213.89M 211.97M 209.73M 207.05M 204.28M 202.76M 199.12M 196.56M 194.16M 192.47M
Cash Dividends to Common per Share		 $0.10 - $0.12 $0.12 $0.12 - $0.13 $0.13 $0.13 - $0.15

Annual Cash Flow Statements for Magnolia Oil & Gas

This table details how cash moves in and out of Magnolia Oil & Gas' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 0.00 0.00 47 9.93 174 308 -274 -141
Net Cash From Operating Activities		 30 257 648 310 788 1,297 856 921
Net Cash From Continuing Operating Activities		 30 257 648 310 788 1,297 856 921
Net Income / (Loss) Continuing Operations		 21 179 85 -1,869 560 1,050 443 397
Consolidated Net Income / (Loss)		 21 179 85 -1,869 560 1,050 443 397
Depreciation Expense		 33 130 524 283 188 243 325 414
Amortization Expense		 0.00 0.00 18 18 14 5.85 4.26 4.46
Non-Cash Adjustments to Reconcile Net Income		 4.25 9.28 31 1,877 18 -49 100 103
Changes in Operating Assets and Liabilities, net		 -28 -60 -10 0.52 9.69 46 -16 1.50
Net Cash From Investing Activities		 -1,249 -314 -524 -270 -243 -519 -815 -655
Net Cash From Continuing Investing Activities		 -1,249 -314 -524 -270 -243 -519 -815 -655
Purchase of Property, Leasehold Improvements and Equipment		 -26 -247 -435 -222 -223 -427 -459 -489
Purchase of Investment Securities		 -1,223 -67 -93 -74 -18 -90 -355 -165
Sale and/or Maturity of Investments		 0.00 0.00 4.01 26 -2.24 -1.61 -0.72 -0.58
Net Cash From Financing Activities		 1,219 57 -76 -30 -371 -469 -315 -407
Net Cash From Continuing Financing Activities		 1,219 57 -76 -30 -371 -469 -315 -407
Issuance of Debt		 0.00 0.00 - - - 0.00 0.00 400
Repayment of Debt		 0.00 0.00 0.00 0.00 -4.98 -5.49 0.00 -417
Repurchase of Common Equity		 - 0.00 -79 -29 -297 -352 -205 -273
Payment of Dividends		 - - 0.00 0.00 -14 -75 -88 -98
Other Financing Activities, Net		 1,219 57 2.87 -1.52 -54 -36 -22 -19

Quarterly Cash Flow Statements for Magnolia Oil & Gas

This table details how cash moves in and out of Magnolia Oil & Gas' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 188 -14 -8.16 9.28 -58 -217 -1.80 -124 0.46 -16 -12
Net Cash From Operating Activities		 411 268 220 202 187 247 211 269 218 223 224
Net Cash From Continuing Operating Activities		 411 268 220 202 187 247 211 269 218 223 224
Net Income / (Loss) Continuing Operations		 287 255 107 105 117 114 98 105 106 89 107
Consolidated Net Income / (Loss)		 287 255 107 105 117 114 98 105 106 89 107
Depreciation Expense		 69 64 71 77 81 96 97 105 107 105 106
Amortization Expense		 1.03 1.04 1.04 1.06 1.07 1.08 1.09 1.10 1.12 1.15 0.53
Non-Cash Adjustments to Reconcile Net Income		 4.28 -61 36 22 17 25 22 22 26 33 19
Changes in Operating Assets and Liabilities, net		 49 9.25 5.65 -2.72 -29 11 -6.94 37 -23 -5.29 -7.99
Net Cash From Investing Activities		 -135 -197 -150 -118 -162 -384 -127 -260 -130 -138 -146
Net Cash From Continuing Investing Activities		 -135 -197 -150 -118 -162 -384 -127 -260 -130 -138 -146
Purchase of Property, Leasehold Improvements and Equipment		 -127 -118 -154 -111 -89 -105 -101 -136 -115 -138 -122
Acquisitions		 - - 0.00 - - - -13 - - - 0.00
Purchase of Investment Securities		 -7.40 -78 3.69 -7.05 -50 -302 -13 -137 -15 -0.43 -24
Sale and/or Maturity of Investments		 -0.17 -0.42 -0.28 0.20 -0.50 -0.13 -0.06 -0.44 -0.04 -0.05 0.03
Net Cash From Financing Activities		 -88 -86 -78 -74 -83 -80 -85 -133 -88 -101 -91
Net Cash From Continuing Financing Activities		 -88 -86 -78 -74 -83 -80 -85 -133 -88 -101 -91
Repurchase of Common Equity		 -61 -60 -46 -49 -57 -54 -51 -106 -61 -55 -52
Payment of Dividends		 -19 -19 -23 -22 -22 -22 -24 -24 -25 -25 -29
Other Financing Activities, Net		 -7.82 -6.23 -9.34 -3.24 -4.47 -4.75 -10 -3.52 -2.13 -3.56 -9.61

Annual Balance Sheets for Magnolia Oil & Gas

This table presents Magnolia Oil & Gas' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 1,689 3,434 3,466 1,453 1,747 2,573 2,756 2,821
Cash and Due from Banks		 0.00 136 183 193 367 675 401 260
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 -166 3,251 3,815 2,130 2,382 2,940 3,744 4,403
Deferred Acquisition Cost		 0.00 11 8.39 6.04 3.70 5.64 3.84 7.02
Intangible Assets		 0.00 -140 -678 -976 -1,173 -1,416 -1,701 -2,116
Other Assets		 115 157 118 100 167 367 309 266
Total Liabilities & Shareholders' Equity		 1,689 3,434 3,466 1,453 1,747 2,573 2,756 2,821
Total Liabilities		 91 726 738 614 701 832 874 854
Short-Term Debt		 - 76 79 63 128 203 193 181
Other Short-Term Payables		 81 121 96 66 91 137 122 109
Long-Term Debt		 0.00 389 390 391 388 390 393 393
Other Long-Term Liabilities		 9.84 140 173 94 95 102 166 171
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,598 2,708 2,729 839 1,045 1,740 1,883 1,967
Total Preferred & Common Equity		 1,598 1,677 1,776 548 817 1,576 1,692 1,914
Total Common Equity		 1,598 1,677 1,776 548 817 1,576 1,692 1,914
Common Stock		 1,598 1,641 1,703 1,713 1,690 1,720 1,744 1,880
Retained Earnings		 0.00 36 83 -1,125 -708 186 486 755
Treasury Stock		 - 0.00 -10 -39 -165 -330 -538 -721
Noncontrolling Interest		 0.00 1,031 952 291 228 164 191 54

Quarterly Balance Sheets for Magnolia Oil & Gas

This table presents Magnolia Oil & Gas' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 2,301 2,576 2,567 2,652 2,808 2,843 2,811 2,869
Cash and Due from Banks		 690 667 677 618 399 276 276 248
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 2,718 3,060 3,114 3,278 3,882 4,145 4,266 4,549
Deferred Acquisition Cost		 6.09 5.19 4.74 4.29 3.39 2.94 2.49 6.66
Intangible Assets		 -1,352 -1,487 -1,524 -1,605 -1,798 -1,903 -2,011 -2,222
Other Assets		 239 331 295 357 322 322 277 287
Total Liabilities & Shareholders' Equity		 2,301 2,576 2,567 2,652 2,808 2,843 2,811 2,869
Total Liabilities		 831 809 757 805 910 925 850 879
Short-Term Debt		 215 191 166 183 220 227 164 172
Other Short-Term Payables		 127 120 97 120 130 128 117 133
Long-Term Debt		 390 391 392 392 393 394 395 393
Other Long-Term Liabilities		 99 107 102 109 167 175 174 181
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,470 1,767 1,810 1,847 1,898 1,918 1,961 1,989
Total Preferred & Common Equity		 1,271 1,599 1,634 1,664 1,701 1,818 1,908 1,934
Total Common Equity		 1,271 1,599 1,634 1,664 1,701 1,818 1,908 1,934
Common Stock		 1,637 1,721 1,731 1,739 1,745 1,816 1,879 1,879
Retained Earnings		 -46 260 329 409 547 619 694 829
Treasury Stock		 -320 -381 -426 -484 -591 -617 -665 -774
Noncontrolling Interest		 199 168 175 183 197 100 52 56

Annual Metrics And Ratios for Magnolia Oil & Gas

This table displays calculated financial ratios and metrics derived from Magnolia Oil & Gas' official financial filings.

Metric 2016 2017 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% -42.55% 99.21% 57.14% -27.59% 7.25%
EBITDA Growth		 0.00% 865.26% 0.00% -357.95% 146.76% 71.14% -34.72% 7.81%
EBIT Growth		 0.00% 0.00% 0.00% -2,071.20% 129.25% 87.86% -50.22% -4.21%
NOPAT Growth		 0.00% 0.00% 0.00% -1,719.43% 141.13% 89.63% -59.68% -4.12%
Net Income Growth		 0.00% 0.00% 0.00% -2,298.67% 129.95% 87.64% -57.86% -10.23%
EPS Growth		 0.00% 0.00% 0.00% -2,696.43% 132.46% 99.58% -56.69% -4.90%
Operating Cash Flow Growth		 0.00% 745.00% 0.00% -52.11% 154.25% 64.45% -34.00% 7.60%
Free Cash Flow Firm Growth		 0.00% 0.00% 0.00% 0.00% -45.09% 0.09% 0.02% 15.39%
Invested Capital Growth		 0.00% 0.00% 0.00% -59.56% 20.73% 49.46% 5.80% 2.92%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% -12.83% 19.52% 1.01% -2.11% 0.30%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% -4.63% 26.97% 2.74% -2.91% -0.48%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.98% 38.61% 2.38% -9.79% -2.66%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.98% 38.59% 8.72% -25.26% -2.07%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 1.50% 36.66% 6.34% -24.15% -5.95%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 1.36% 43.03% 8.28% -25.00% -3.48%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% -20.48% 29.89% 0.58% -2.41% -2.57%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 8.34% -4.22% 29.90% 4.95%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 2.11% 11.48% 12.50% 1.90% 0.84%
Profitability Metrics		 - - - - - - - -
EBITDA Margin		 0.00% 79.30% 68.01% -305.35% 71.68% 78.06% 70.38% 70.75%
EBIT Margin		 0.00% 47.13% 10.52% -361.05% 53.01% 63.37% 43.56% 38.91%
Profit (Net Income) Margin		 0.00% 44.36% 9.02% -345.27% 51.90% 61.98% 36.07% 30.19%
Tax Burden Percent		 0.00% 98.49% 85.21% 95.93% 98.44% 99.37% 80.50% 80.57%
Interest Burden Percent		 0.00% 95.58% 100.62% 99.69% 99.47% 98.43% 102.87% 96.32%
Effective Tax Rate		 0.00% 1.51% 14.79% 0.00% 1.56% 0.63% 19.50% 19.43%
Return on Invested Capital (ROIC)		 0.00% 23.42% 2.64% -60.92% 39.43% 54.80% 17.92% 16.47%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 2.75% -169.47% 38.81% 51.77% 20.02% 13.85%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.47% -43.84% 19.97% 20.61% 6.52% 4.17%
Return on Equity (ROE)		 0.00% 0.00% 3.12% -104.77% 59.40% 75.41% 24.43% 20.64%
Cash Return on Invested Capital (CROIC)		 0.00% -176.58% 0.00% 23.90% 20.64% 15.14% 12.28% 13.59%
Operating Return on Assets (OROA)		 0.00% 11.25% 2.87% -79.45% 35.72% 49.72% 20.06% 18.36%
Return on Assets (ROA)		 0.00% 10.59% 2.46% -75.98% 34.98% 48.63% 16.61% 14.25%
Return on Common Equity (ROCE)		 0.00% 0.00% 1.98% -68.25% 43.02% 64.78% 22.04% 19.33%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 11.19% 4.79% -340.95% 68.53% 66.64% 26.16% 20.76%
Net Operating Profit after Tax (NOPAT)		 0.00 187 84 -1,368 563 1,067 430 413
NOPAT Margin		 0.00% 46.42% 8.97% -252.73% 52.18% 62.97% 35.06% 31.35%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% -0.11% 108.54% 0.61% 3.03% -2.10% 2.62%
SG&A Expenses to Revenue		 0.00% 6.83% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 52.87% 89.48% 461.05% 46.99% 36.63% 56.44% 61.09%
Earnings before Interest and Taxes (EBIT)		 0.00 190 99 -1,954 572 1,074 534 512
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 33 320 641 -1,653 773 1,323 864 931
Valuation Ratios		 - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.47 1.73 3.04 5.05 3.06 2.53 2.39
Price to Tangible Book Value (P/TBV)		 0.00 0.47 1.25 1.09 2.07 1.61 1.26 1.13
Price to Revenue (P/Rev)		 0.00 1.85 3.25 3.08 3.82 2.85 3.49 3.47
Price to Earnings (P/E)		 0.00 0.00 61.06 0.00 9.88 5.40 11.04 12.47
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.45% 1.79% 2.22% 2.24%
Earnings Yield		 0.00% 0.00% 1.64% 0.00% 10.12% 18.52% 9.06% 8.02%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.47 1.35 1.72 2.88 2.10 1.89 1.94
Enterprise Value to Revenue (EV/Rev)		 0.00 1.85 4.57 4.10 4.17 2.90 3.80 3.75
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 2.33 6.72 0.00 5.82 3.71 5.40 5.30
Enterprise Value to EBIT (EV/EBIT)		 0.00 3.92 43.41 0.00 7.87 4.57 8.72 9.64
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 3.98 50.95 0.00 8.00 4.60 10.84 11.96
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 2.89 6.65 7.16 5.71 3.79 5.45 5.36
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 4.14 15.28 16.65 15.81 14.50
Leverage & Solvency		 - - - - - - - -
Debt to Equity		 0.00 0.00 0.17 0.54 0.49 0.34 0.31 0.29
Long-Term Debt to Equity		 0.00 0.00 0.14 0.47 0.37 0.22 0.21 0.20
Financial Leverage		 0.00 0.00 0.17 0.26 0.51 0.40 0.33 0.30
Leverage Ratio		 0.00 1.06 1.27 1.38 1.70 1.55 1.47 1.45
Compound Leverage Factor		 0.00 1.01 1.28 1.37 1.69 1.53 1.51 1.40
Debt to Total Capital		 0.00% 0.00% 14.67% 35.09% 33.05% 25.42% 23.74% 22.57%
Short-Term Debt to Total Capital		 0.00% 0.00% 2.48% 4.84% 8.19% 8.69% 7.83% 7.13%
Long-Term Debt to Total Capital		 0.00% 0.00% 12.19% 30.24% 24.86% 16.73% 15.91% 15.45%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 29.79% 22.52% 14.64% 7.03% 7.74% 2.12%
Common Equity to Total Capital		 0.00% 100.00% 55.54% 42.39% 52.31% 67.54% 68.52% 75.31%
Debt to EBITDA		 0.00 0.00 0.73 -0.27 0.67 0.45 0.68 0.62
Net Debt to EBITDA		 0.00 0.00 0.45 -0.16 0.19 -0.06 0.21 0.34
Long-Term Debt to EBITDA		 0.00 0.00 0.61 -0.24 0.50 0.30 0.45 0.42
Debt to NOPAT		 0.00 0.00 5.55 -0.33 0.92 0.56 1.36 1.39
Net Debt to NOPAT		 0.00 0.00 3.39 -0.19 0.26 -0.08 0.43 0.76
Long-Term Debt to NOPAT		 0.00 0.00 4.61 -0.29 0.69 0.37 0.91 0.95
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 36.49% 34.86% 27.58% 14.10% 9.80% 6.36%
Liquidity Ratios		 - - - - - - - -
Cash Flow Metrics		 - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -1,411 0.00 537 295 295 295 340
Operating Cash Flow to CapEx		 117.31% 104.02% 148.87% 139.56% 353.80% 303.57% 186.58% 188.27%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - -
Asset Turnover		 0.00 0.24 0.27 0.22 0.67 0.78 0.46 0.47
Fixed Asset Turnover		 0.00 0.00 0.27 0.18 0.48 0.64 0.37 0.32
Capital & Investment Metrics		 - - - - - - - -
Invested Capital		 0.00 1,598 3,198 1,293 1,561 2,333 2,469 2,541
Invested Capital Turnover		 0.00 0.50 0.29 0.24 0.76 0.87 0.51 0.53
Increase / (Decrease) in Invested Capital		 0.00 1,598 0.00 -1,905 268 772 135 72
Enterprise Value (EV)		 0.00 744 4,304 2,221 4,501 4,908 4,662 4,933
Market Capitalization		 0.00 744 3,065 1,668 4,124 4,826 4,287 4,566
Book Value per Share		 $0.00 $19.67 $6.86 $2.18 $3.53 $7.29 $8.17 $9.74
Tangible Book Value per Share		 $0.00 $19.67 $9.47 $6.06 $8.61 $13.84 $16.39 $20.50
Total Capital		 0.00 1,598 3,198 1,293 1,561 2,333 2,469 2,541
Total Debt		 0.00 0.00 469 454 516 593 586 574
Total Long-Term Debt		 0.00 0.00 390 391 388 390 393 393
Net Debt		 0.00 0.00 287 261 149 -82 185 314
Capital Expenditures (CapEx)		 26 247 435 222 223 427 459 489
Net Nonoperating Expense (NNE)		 0.00 8.27 -0.53 501 2.98 17 -12 15
Net Nonoperating Obligations (NNO)		 0.00 0.00 469 454 516 593 586 574
Total Depreciation and Amortization (D&A)		 33 130 542 301 201 249 329 419
Earnings Adjustments		 - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.29 ($7.27) $2.38 $4.73 $2.04 $1.94
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 161.89M 166.27M 174.36M 187.43M 188.17M 186.47M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.28 ($7.27) $2.36 $4.71 $2.04 $1.94
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 167.05M 166.27M 175.36M 187.90M 188.36M 186.49M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 253.12M 248.57M 226.58M 213.89M 204.28M 194.16M
Normalized Net Operating Profit after Tax (NOPAT)		 0.00 187 85 -401 563 1,067 443 413
Normalized NOPAT Margin		 0.00% 46.42% 9.01% -74.11% 52.18% 62.97% 36.10% 31.35%
Pre Tax Income Margin		 0.00% 45.04% 10.59% -359.93% 52.73% 62.37% 44.81% 37.48%
Debt Service Ratios		 - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 2.52% 7.16% 19.90% 24.57%
Augmented Payout Ratio		 0.00% 0.00% 93.37% -1.53% 55.64% 40.69% 66.29% 93.29%

Quarterly Metrics And Ratios for Magnolia Oil & Gas

This table displays calculated financial ratios and metrics derived from Magnolia Oil & Gas' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 69.44% 5.09% -18.38% -42.17% -34.64% -7.57% 3.58% 20.13% 5.53% 1.23% 9.67%
EBITDA Growth		 76.64% 14.18% -29.66% -47.45% -38.81% -17.34% 12.10% 20.46% 3.08% -1.93% 8.75%
EBIT Growth		 86.86% 12.86% -43.96% -62.23% -51.67% -37.10% -1.87% 10.73% -12.91% -10.15% 9.04%
NOPAT Growth		 79.03% 48.49% -48.55% -66.96% -58.95% -62.07% -3.87% 10.26% -12.46% -8.26% 6.63%
Net Income Growth		 79.46% 32.59% -48.87% -65.12% -59.06% -55.31% -8.51% 0.49% -9.84% -22.09% 9.27%
EPS Growth		 92.54% 42.86% -44.44% -63.64% -58.14% -56.67% -8.00% 6.25% -3.70% -13.46% 17.39%
Operating Cash Flow Growth		 85.07% 2.86% -7.97% -46.78% -54.39% -7.88% -4.04% 33.51% 16.33% -9.82% 6.43%
Free Cash Flow Firm Growth		 -1,569.14% -540.90% -731.88% -86.08% 40.30% 94.43% 90.88% 84.82% 102.69% 199.82% 212.63%
Invested Capital Growth		 48.10% 49.46% 47.20% 28.36% 16.81% 5.80% 6.90% 7.25% 4.00% 2.92% 1.73%
Revenue Q/Q Growth		 -0.35% -27.73% -11.65% -9.11% 12.63% 2.20% -1.00% 5.42% -1.07% -1.96% 7.25%
EBITDA Q/Q Growth		 -0.78% -24.46% -23.87% 0.36% 15.53% 2.05% -4.83% 7.84% -1.14% -2.91% 5.05%
EBIT Q/Q Growth		 -4.59% -28.37% -35.27% -4.41% 22.09% -6.78% -9.09% 7.86% -3.97% -3.83% 9.47%
NOPAT Q/Q Growth		 -2.32% -0.64% -57.92% -9.43% 21.36% -8.20% -4.73% 3.88% -3.65% -3.80% 10.74%
Net Income Q/Q Growth		 -4.32% -11.22% -58.13% -1.95% 12.32% -3.08% -14.28% 7.70% 0.76% -16.24% 20.22%
EPS Q/Q Growth		 -2.27% -6.98% -58.33% -4.00% 12.50% -3.70% -11.54% 10.87% 1.96% -13.46% 20.00%
Operating Cash Flow Q/Q Growth		 8.32% -34.74% -17.98% -8.21% -7.17% 31.80% -14.56% 27.72% -19.12% 2.17% 0.84%
Free Cash Flow Firm Q/Q Growth		 -68.83% -25.99% -24.86% 34.06% 45.83% 88.25% -117.36% -9.73% 109.61% 335.32% 145.25%
Invested Capital Q/Q Growth		 12.44% 12.50% 0.66% 0.80% 2.32% 1.90% 1.71% 1.14% -0.78% 0.84% 0.53%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 77.95% 81.48% 64.43% 71.14% 72.97% 72.87% 69.73% 71.33% 71.28% 70.59% 69.14%
EBIT Margin		 63.46% 62.90% 41.16% 43.29% 46.93% 42.80% 39.00% 39.90% 38.73% 37.99% 38.77%
Profit (Net Income) Margin		 59.42% 72.99% 34.59% 37.32% 37.21% 35.29% 30.55% 31.22% 31.79% 27.16% 30.44%
Tax Burden Percent		 93.68% 129.94% 84.48% 80.80% 79.01% 78.30% 82.76% 79.70% 79.97% 80.00% 80.93%
Interest Burden Percent		 99.95% 89.31% 99.49% 106.68% 100.37% 105.30% 94.68% 98.16% 102.66% 89.38% 97.03%
Effective Tax Rate		 6.32% -29.94% 15.52% 19.20% 20.99% 21.70% 17.24% 20.30% 20.03% 20.00% 19.07%
Return on Invested Capital (ROIC)		 57.41% 71.12% 28.65% 23.37% 20.81% 17.14% 16.44% 16.78% 16.44% 15.96% 16.69%
ROIC Less NNEP Spread (ROIC-NNEP)		 57.38% 65.62% 28.55% 24.69% 20.75% 18.10% 15.52% 16.44% 16.92% 14.15% 16.13%
Return on Net Nonoperating Assets (RNNOA)		 26.56% 26.13% 11.11% 9.09% 7.38% 5.89% 5.06% 5.20% 5.04% 4.26% 4.89%
Return on Equity (ROE)		 83.96% 97.25% 39.76% 32.47% 28.19% 23.03% 21.50% 21.98% 21.48% 20.23% 21.57%
Cash Return on Invested Capital (CROIC)		 17.72% 15.14% 9.61% 10.52% 10.10% 12.28% 10.87% 10.77% 13.12% 13.59% 14.84%
Operating Return on Assets (OROA)		 54.79% 49.35% 30.61% 26.43% 23.75% 19.71% 17.93% 19.09% 18.60% 17.93% 18.40%
Return on Assets (ROA)		 51.30% 57.27% 25.72% 22.79% 18.83% 16.25% 14.05% 14.94% 15.27% 12.82% 14.45%
Return on Common Equity (ROCE)		 69.49% 83.54% 34.96% 28.82% 24.95% 20.77% 19.37% 20.35% 20.16% 18.94% 20.18%
Return on Equity Simple (ROE_SIMPLE)		 77.70% 0.00% 59.29% 46.07% 35.06% 0.00% 25.48% 23.87% 22.14% 0.00% 21.01%
Net Operating Profit after Tax (NOPAT)		 287 285 107 97 118 108 103 107 103 99 110
NOPAT Margin		 59.45% 81.73% 34.77% 34.65% 37.33% 33.53% 32.27% 31.80% 30.97% 30.39% 31.38%
Net Nonoperating Expense Percent (NNEP)		 0.03% 5.50% 0.10% -1.32% 0.06% -0.96% 0.92% 0.33% -0.48% 1.82% 0.55%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 36.54% 37.10% 58.84% 56.71% 53.07% 57.20% 61.00% 60.10% 61.27% 62.01% 61.23%
Earnings before Interest and Taxes (EBIT)		 306 220 127 121 148 138 125 134 129 124 136
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 376 284 199 199 230 235 223 240 237 231 242
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 3.25 3.06 2.83 2.64 2.82 2.53 3.13 2.81 2.55 2.39 2.54
Price to Tangible Book Value (P/TBV)		 1.58 1.61 1.47 1.37 1.44 1.26 1.52 1.37 1.24 1.13 1.18
Price to Revenue (P/Rev)		 2.46 2.85 2.79 3.04 3.75 3.49 4.30 3.95 3.71 3.47 3.64
Price to Earnings (P/E)		 5.09 5.40 5.49 6.48 9.01 11.04 14.10 13.41 12.83 12.47 12.78
Dividend Yield		 1.58% 1.79% 1.49% 2.11% 1.99% 2.22% 1.85% 1.94% 2.07% 2.24% 2.14%
Earnings Yield		 19.65% 18.52% 18.20% 15.42% 11.10% 9.06% 7.09% 7.46% 7.79% 8.02% 7.83%
Enterprise Value to Invested Capital (EV/IC)		 2.05 2.10 1.96 1.85 2.00 1.89 2.28 2.19 2.06 1.94 2.07
Enterprise Value to Revenue (EV/Rev)		 2.53 2.90 2.84 3.08 3.86 3.80 4.63 4.29 3.96 3.75 3.92
Enterprise Value to EBITDA (EV/EBITDA)		 3.30 3.71 3.79 4.22 5.44 5.40 6.45 5.99 5.56 5.30 5.55
Enterprise Value to EBIT (EV/EBIT)		 4.05 4.57 4.85 5.82 8.17 8.72 10.77 10.19 9.88 9.64 10.09
Enterprise Value to NOPAT (EV/NOPAT)		 4.33 4.60 4.89 5.87 8.41 10.84 13.45 12.75 12.34 11.96 12.58
Enterprise Value to Operating Cash Flow (EV/OCF)		 3.29 3.79 3.61 3.97 5.52 5.45 6.76 6.08 5.50 5.36 5.65
Enterprise Value to Free Cash Flow (EV/FCFF)		 13.79 16.65 24.33 19.72 21.32 15.81 21.70 21.03 16.03 14.50 14.04
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.41 0.34 0.33 0.31 0.31 0.31 0.32 0.32 0.29 0.29 0.28
Long-Term Debt to Equity		 0.27 0.22 0.22 0.22 0.21 0.21 0.21 0.21 0.20 0.20 0.20
Financial Leverage		 0.46 0.40 0.39 0.37 0.36 0.33 0.33 0.32 0.30 0.30 0.30
Leverage Ratio		 1.64 1.55 1.54 1.51 1.49 1.47 1.47 1.45 1.43 1.45 1.46
Compound Leverage Factor		 1.64 1.38 1.53 1.61 1.50 1.55 1.39 1.42 1.47 1.29 1.42
Debt to Total Capital		 29.14% 25.42% 24.77% 23.56% 23.76% 23.74% 24.42% 24.46% 22.19% 22.57% 22.12%
Short-Term Debt to Total Capital		 10.35% 8.69% 8.12% 7.02% 7.57% 7.83% 8.75% 8.94% 6.52% 7.13% 6.75%
Long-Term Debt to Total Capital		 18.79% 16.73% 16.65% 16.54% 16.19% 15.91% 15.67% 15.52% 15.67% 15.45% 15.37%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 9.58% 7.03% 7.14% 7.41% 7.55% 7.74% 7.83% 3.95% 2.08% 2.12% 2.17%
Common Equity to Total Capital		 61.28% 67.54% 68.09% 69.03% 68.69% 68.52% 67.76% 71.59% 75.73% 75.31% 75.70%
Debt to EBITDA		 0.47 0.45 0.48 0.54 0.65 0.68 0.69 0.67 0.60 0.62 0.59
Net Debt to EBITDA		 -0.07 -0.06 -0.07 -0.11 -0.05 0.21 0.24 0.37 0.30 0.34 0.33
Long-Term Debt to EBITDA		 0.30 0.30 0.32 0.38 0.44 0.45 0.44 0.42 0.42 0.42 0.41
Debt to NOPAT		 0.62 0.56 0.62 0.75 1.00 1.36 1.44 1.42 1.33 1.39 1.35
Net Debt to NOPAT		 -0.09 -0.08 -0.09 -0.16 -0.07 0.43 0.50 0.79 0.67 0.76 0.76
Long-Term Debt to NOPAT		 0.40 0.37 0.41 0.53 0.68 0.91 0.92 0.90 0.94 0.95 0.94
Noncontrolling Interest Sharing Ratio		 17.24% 14.10% 12.06% 11.23% 11.51% 9.80% 9.94% 7.39% 6.18% 6.36% 6.48%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -386 -487 -646 -426 -231 -27 -59 -65 6.22 27 66
Operating Cash Flow to CapEx		 322.38% 227.52% 143.09% 181.47% 210.63% 235.26% 209.38% 198.04% 189.96% 161.75% 184.07%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.86 0.78 0.74 0.61 0.51 0.46 0.46 0.48 0.48 0.47 0.47
Fixed Asset Turnover		 0.67 0.64 0.59 0.50 0.42 0.37 0.36 0.36 0.35 0.32 0.32
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,074 2,333 2,349 2,368 2,423 2,469 2,511 2,539 2,520 2,541 2,554
Invested Capital Turnover		 0.97 0.87 0.82 0.67 0.56 0.51 0.51 0.53 0.53 0.53 0.53
Increase / (Decrease) in Invested Capital		 674 772 753 523 349 135 162 172 97 72 44
Enterprise Value (EV)		 4,247 4,908 4,611 4,369 4,840 4,662 5,728 5,556 5,198 4,933 5,278
Market Capitalization		 4,133 4,826 4,528 4,312 4,700 4,287 5,318 5,110 4,863 4,566 4,904
Book Value per Share		 $5.84 $7.29 $7.48 $7.71 $7.93 $8.17 $9.33 $8.97 $9.58 $9.74 $9.96
Tangible Book Value per Share		 $12.06 $13.84 $14.43 $14.90 $15.59 $16.39 $19.19 $18.35 $19.68 $20.50 $21.40
Total Capital		 2,074 2,333 2,349 2,368 2,423 2,469 2,511 2,539 2,520 2,541 2,554
Total Debt		 604 593 582 558 576 586 613 621 559 574 565
Total Long-Term Debt		 390 390 391 392 392 393 393 394 395 393 393
Net Debt		 -85 -82 -85 -119 -43 185 214 345 283 314 318
Capital Expenditures (CapEx)		 127 118 154 111 89 105 101 136 115 138 122
Net Nonoperating Expense (NNE)		 0.16 31 0.55 -7.48 0.38 -5.66 5.48 1.97 -2.74 11 3.27
Net Nonoperating Obligations (NNO)		 604 593 582 558 576 586 613 621 559 574 565
Total Depreciation and Amortization (D&A)		 70 65 72 78 82 97 98 106 108 106 106
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.29 $1.22 $0.50 $0.48 $0.54 $0.52 $0.46 $0.51 $0.52 $0.45 $0.54
Adjusted Weighted Average Basic Shares Outstanding		 188.64M 187.43M 191.78M 189.40M 187.09M 188.17M 182.37M 184.94M 187.86M 186.47M 188.65M
Adjusted Diluted Earnings per Share		 $1.29 $1.20 $0.50 $0.48 $0.54 $0.52 $0.46 $0.51 $0.52 $0.45 $0.54
Adjusted Weighted Average Diluted Shares Outstanding		 189.07M 187.90M 192.05M 189.57M 187.27M 188.36M 182.42M 184.97M 187.87M 186.49M 188.66M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 216.20M 213.89M 211.97M 209.73M 207.05M 204.28M 202.76M 199.12M 196.56M 194.16M 192.47M
Normalized Net Operating Profit after Tax (NOPAT)		 287 154 107 97 118 108 103 107 103 99 110
Normalized NOPAT Margin		 59.45% 44.03% 34.77% 34.65% 37.33% 33.53% 32.27% 31.80% 30.97% 30.39% 31.38%
Pre Tax Income Margin		 63.43% 56.17% 40.95% 46.18% 47.10% 45.07% 36.92% 39.17% 39.76% 33.95% 37.62%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 5.70% 7.16% 6.39% 10.98% 14.65% 19.90% 20.65% 21.02% 22.28% 24.57% 25.23%
Augmented Payout Ratio		 40.85% 40.69% 34.84% 39.70% 50.98% 66.29% 69.24% 82.56% 86.53% 93.29% 92.71%

Key Financial Trends

Magnolia Oil & Gas (NYSE: MGY) has shown steady financial performance over the last several quarters, highlighted by consistent revenue growth, solid net income, and healthy cash flow from operations. Below are key takeaways from the review of its quarterly financial statements spanning from Q3 2022 through Q1 2025.

  • Revenue Growth: Total revenue has modestly increased from approximately $315.7 million in Q3 2023 to $350.3 million in Q1 2025, indicating steady top-line growth driven by other non-interest income.
  • Increasing Net Income: Net income attributable to common shareholders rose from $102.0 million in Q3 2023 to about $102.9 million in Q1 2025, reflecting improvement in earnings.
  • Strong Operating Cash Flow: Magnolia posted robust net cash from operating activities consistently exceeding $200 million per quarter, with Q1 2025 at $224.5 million, supporting business operations and investments.
  • Controlled Operating Expenses: Other operating expenses and depreciation have remained relatively stable, demonstrating good cost control relative to revenue expansion.
  • Shareholder Returns: The company has steadily paid quarterly dividends, increasing slightly to $0.15 per share in Q1 2025 from $0.115 per share in early 2023, indicating commitment to returning capital to shareholders.
  • Capital Expenditure: Investment in property and equipment remained elevated around $100-$135 million quarterly, supporting future growth but requiring continued cash outflows.
  • Repurchase Activity: The company actively repurchases common stock, with quarterly cash outflows between $45 million and $105 million, which may increase shareholder value but utilizes available cash.
  • Debt Levels: Total liabilities have gradually increased, but long-term debt remains manageable (around $390-$395 million), suggesting Magnolia maintains a balanced capital structure.
  • Intangible Assets: The company’s sizable negative intangible asset balance due to amortization should be monitored as it affects equity but is consistent with industry norms.
  • Declining Cash Balances: Cash and cash equivalents have decreased from a high of $667 million at Q1 2023 to $248 million at Q1 2025, indicating cash depletion due to investments and financing activities.
  • Nonoperating Income Volatility: Nonoperating income/(expense), net, shows fluctuations including negative impacts in the recent quarters (e.g., -$4.0 million in Q1 2025), affecting pre-tax income.

Summary: Magnolia Oil & Gas is exhibiting a healthy financial profile with consistent revenue and earnings growth, supported by strong operating cash flow. The company balances reinvestment through capital expenditures and shareholder returns via dividends and buybacks. However, declining cash balances and some volatility in nonoperating results warrant monitoring. Overall, the fundamentals appear solid with positive trends in profitability and cash generation suitable for investors looking for stable energy sector exposure.

08/08/25 06:32 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Magnolia Oil & Gas' Financials

When does Magnolia Oil & Gas' financial year end?

According to the most recent income statement we have on file, Magnolia Oil & Gas' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Magnolia Oil & Gas' net income changed over the last 7 years?

Magnolia Oil & Gas' net income appears to be on an upward trend, with a most recent value of $397.33 million in 2024, rising from $0.00 in 2016. The previous period was $442.60 million in 2023. View Magnolia Oil & Gas' forecast to see where analysts expect Magnolia Oil & Gas to go next.

How has Magnolia Oil & Gas' revenue changed over the last 7 years?

Over the last 7 years, Magnolia Oil & Gas' total revenue changed from $0.00 in 2016 to $1.32 billion in 2024, a change of 131,588,600,000.0%.

How much debt does Magnolia Oil & Gas have?

Magnolia Oil & Gas' total liabilities were at $853.51 million at the end of 2024, a 2.3% decrease from 2023, and a 836.5% increase since 2017.

How much cash does Magnolia Oil & Gas have?

In the past 7 years, Magnolia Oil & Gas' cash and equivalents has ranged from $0.00 in 2017 to $675.44 million in 2022, and is currently $260.05 million as of their latest financial filing in 2024.

How has Magnolia Oil & Gas' book value per share changed over the last 7 years?

Over the last 7 years, Magnolia Oil & Gas' book value per share changed from 0.00 in 2016 to 9.74 in 2024, a change of 973.5%.


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This page (NYSE:MGY) was last updated on 8/8/2025 by MarketBeat.com Staff
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