MGY

HOUSTON, July 08, 2026--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (NYSE: MGY) will host a conference call and webcast to discuss operational and financial results for the second quarter 2026 on Thursday, August 6th at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Join the webcast by visiting Magnolia’s website at www.magnoliaoilgas.com/investors/events-and-presentations and clicking on the webcast link or by dialing 1-844-701-1059. Materials related to Magnolia’s second quarter 2026 financial results to be discussed during the webcast will be made available in the Investors section of the website prior to the call. The company will post a replay of the webcast on its website following the call. About Magnolia Oil & Gas Magnolia (MGY) is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its disciplined and efficient philosophy toward capital spending. The Company strives to generate high pre‐tax margins and consistent free cash flow allowing for strong cash returns to our shareholders. For more information, visit www.magnoliaoilgas.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260708123896/en/ Contacts Investors Tom [email protected] Media Art [email protected] Christina [email protected]

Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Magnolia Oil & Gas (NYSE:MGY) and its peers. This category includes smaller or niche E&P companies operating in specialized basins, geographies, or resource types outside major classifications. These firms may target unconventional resources, frontier regions, or specific commodity niches. Tailwinds include potential for outsized returns from successful exploration, acquisition opportunities during industry downturns, and specialized expertise commanding premium valuations. Headwinds include higher operational and geological risks, limited scale reducing negotiating power and cost efficiencies, and constrained capital market access during challenging commodity environments. Regulatory risks and ESG concerns may disproportionately affect smaller operators with fewer resources for compliance. The 21 mixed or offshore upstream e&p stocks we track reported a satisfactory Q1. As a group, revenues missed analysts’ consensus estimates by 5%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.8% since the latest earnings results. Operating over 600,000 net acres primarily in two distinct South Texas regions, Magnolia Oil & Gas (NYSE:MGY) drills and produces oil, natural gas, and natural gas liquids from South Texas formations. Magnolia Oil & Gas reported revenues of $358.5 million, up 2.3% year on year. This print exceeded analysts’ expectations by 1.9%. Despite the top-line beat, it was still a mixed quarter for the company with a beat of analysts’ EPS estimates but a miss of analysts’ EBITDA estimates. “Magnolia’s first quarter financial and operating metrics delivered a strong start to 2026,” said Chairman, President and CEO Chris Stavros. The market seems disappointed with the results as the stock is down 1.9% since reporting and currently trades at $28.11. Is now the time to buy Magnolia Oil & Gas? Access our full analysis of the earnings results here, it’s free. Operating in water depths reaching 12,000 feet below the surface, Seadrill (NYSE:SDRL) owns and operates drillships and semi-submersible rigs that drill oil and gas wells in deepwater offshore locations. Seadrill reported revenues of $358 million, up 6.9% year on year, outperforming analysts’ expectations by 7.2%. The business...

A month has gone by since the last earnings report for Magnolia Oil & Gas Corp (MGY). Shares have added about 0.2% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Magnolia Oil & Gas Corp due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Magnolia Oil & Gas Corp before we dive into how investors and analysts have reacted as of late. Magnolia Oil & Gas posted first-quarter 2026 net profit of 54 cents per share, beating the Zacks Consensus Estimate of 51 cents by 5.9%. This outperformance can be attributed to higher production, led by Giddings, alongside disciplined spending that supported sizable free cash flow generation. Total output increased 6% year over year to 102.6 thousand barrels of oil equivalent per day (Mboe/d), which also exceeded the consensus estimate by 0.44%, providing a key operating tailwind. However, the bottom line declined from the year-ago quarter’s 55 cents mainly because operating expenses increased nearly 8% during the quarter, compressing margins. The oil and gas exploration and production company’s total revenues of $358.5 million rose 2.3% from the year-ago quarter and topped the consensus mark of $335 million by about 7%, driven by a higher year-over-year contribution from oil revenues. Magnolia reported the average daily total output of 102,564 barrels of oil equivalent per day (boe/d), increasing 6.2% from the year-ago quarter’s 96,549 boe/d. The figure also beat the model estimate of 102,000 boe/d. Magnolia’s oil volumes averaged 40,678 barrels per day (bpd) in the quarter, up from 39,078 bpd a year ago. Moreover, the figure topped our estimate of 40,500 bpd. Natural gas volumes improved to 193,143 thousand cubic feet (Mcf) per day from 183,248 Mcf/d. The figure also surpassed our estimate of 192,700 Mcf/d. NGL volumes increased to 29,696 bpd from 26,930 bpd. Moreover, the figure beat our estimate of 29,300 bpd. Management highlighted that Giddings continued to drive the company’s growth profile, with its production representing 82% of total volumes during the quarter. Giddings total production increased 9% year over year, with oil volumes up 8%, supported by strong well performance. Oil remained the largest...

Magnolia Oil & Gas Corp (MGY) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Magnolia Oil & Gas Corp, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $0.76 per share for the current quarter represents a change of +76.7% from the number reported a year ago. Over the last 30 days, the Zacks Consensus Estimate for Magnolia Oil & Gas Corp has increased 7.95% because four estimates have moved higher compared to no negative revisions. The company is expected to earn $2.91 per share for the full year, which represents a change of +62.6% from the prior-year number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Magnolia Oil & Gas Corp. Over the past month, four estimates have moved higher compared to one negative revision, helping the consensus estimate increase 8.88%. The promising estimate revisions have helped Magnolia Oil & Gas Corp earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. W...

Magnolia Oil & Gas entered the year with revenue growth and non-GAAP earnings per share ahead of Wall Street’s expectations, but the market responded negatively to the quarter. Management identified continued production growth, especially in the Giddings area, and higher oil prices as primary drivers of performance. CEO Christopher G. Stavros noted, “Production in Giddings was the primary growth driver for the company,” with 6% year-over-year volume growth. However, operating margins declined from the prior year, reflecting higher costs and product mix shifts. Is now the time to buy MGY? Find out in our full research report (it’s free). Revenue: $358.5 million vs analyst estimates of $351.7 million (2.3% year-on-year growth, 1.9% beat) Adjusted EPS: $0.54 vs analyst estimates of $0.52 (3.2% beat) Adjusted EBITDA: $241.1 million vs analyst estimates of $248 million (67.3% margin, 2.8% miss) Operating Margin: 35.6%, down from 38.8% in the same quarter last year Market Capitalization: $5.30 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Neal Dingmann (William Blair) asked about the impact of recent bolt-on acquisitions in Karnes on future activity, to which CEO Christopher G. Stavros explained that these assets add years of inventory but will not change drilling or capital allocation plans in the near term. Neal Dingmann (William Blair) also pressed on Giddings development and whether the asset is now in full development mode. Stavros replied that average pad sizes are now optimized and that capital efficiency has improved versus earlier years. Phillip Jungwirth (BMO) inquired about the development approach for the new Karnes block, specifically lateral lengths and targeted zones. Stavros responded that laterals will now reach up to 10,000 feet, enhancing development flexibility. Peyton Rogers Dorne (UBS) questioned the rationale for not accelerating work or expanding rigs given higher oil prices. Stavros indicated the strategy is to avoid front-loading production, emphasizing sustainability over rapid growth. Carlos Escalante (Wolfe Research) asked how the bolt-on deal pricing reflects market conditions and w...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Magnolia Oil & Gas (MGY) is back in focus after reporting first quarter 2026 results, updated production data, and reaffirmed its full year production growth guidance, a combination that can reshape how you think about the stock. See our latest analysis for Magnolia Oil & Gas. The earnings and production update comes after a strong run in the stock, with a 90 day share price return of 10.38% and a year to date share price return of 31.49%. The 5 year total shareholder return sits at 177.95%, suggesting momentum has been building over both shorter and longer horizons. If this kind of move in an oil and gas producer has your attention, it can be useful to scan other energy related opportunities through a focused stock list such as 8 top copper producer stocks With Magnolia trading at $29.56 against a consensus price target of $33.82 and an estimated intrinsic value gap, the key question is simple: is this an underappreciated producer, or is the market already pricing in future growth? At $29.56, Magnolia Oil & Gas screens below the most widely followed fair value estimate of $33.82. This sets up a valuation story built firmly on future cash generation and production depth. Read the complete narrative. Want to see what is baked into that fair value gap? The narrative leans on steady volume growth, richer margins and a future earnings multiple that has to hold up. The tension is in how much of that is already reflected in the current price. Result: Fair Value of $33.82 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on a concentrated South Texas asset base and fully unhedged production, where weaker commodity prices or regional issues could quickly challenge the bullish case. Find out about the key risks to this Magnolia Oil & Gas narrative. If this mix of optimism and concern feels familiar, now is a good time to look through the numbers yourself and decide where you stand, starting with the 2 key rewards and 1 important warning sign. Do not stop your research with a single stock. The right mix of ideas can sharpen your thinking, stress test your thesis, and highlight opportunities you might otherwise miss. Spot potential mispricings by scanning companies that combine quality fundamentals...

Magnolia Oil & Gas Corporation MGY posted first-quarter 2026 net profit of 54 cents per share, beating the Zacks Consensus Estimate of 51 cents by 5.9%. This outperformance can be attributed to higher production, led by Giddings, alongside disciplined spending that supported sizable free cash flow generation. Total output increased 6% year over year to 102.6 thousand barrels of oil equivalent per day (Mboe/d), which also exceeded the consensus estimate by 0.44%, providing a key operating tailwind. However, the bottom line declined from the year-ago quarter’s 55 cents mainly because operating expenses increased nearly 8% during the quarter, compressing margins. The oil and gas exploration and production company’s total revenues of $358.5 million rose 2.3% from the year-ago quarter and topped the consensus mark of $335 million by about 7%, driven by a higher year-over-year contribution from oil revenues. Magnolia Oil & Gas Corp price-consensus-eps-surprise-chart | Magnolia Oil & Gas Corp Quote Magnolia reported the average daily total output of 102,564 barrels of oil equivalent per day (boe/d), increasing 6.2% from the year-ago quarter’s 96,549 boe/d. The figure also beat the model estimate of 102,000 boe/d. Magnolia’s oil volumes averaged 40,678 barrels per day (bpd) in the quarter, up from 39,078 bpd a year ago. Moreover, the figure topped our estimate of 40,500 bpd. Natural gas volumes improved to 193,143 thousand cubic feet (Mcf) per day from 183,248 Mcf/d. The figure also surpassed our estimate of 192,700 Mcf/d. NGL volumes increased to 29,696 bpd from 26,930 bpd. Moreover, the figure beat our estimate of 29,300 bpd. Management highlighted that Giddings continued to drive the company’s growth profile, with its production representing 82% of total volumes during the quarter. Giddings total production increased 9% year over year, with oil volumes up 8%, supported by strong well performance. Oil remained the largest revenue contributor, with oil revenues of $257.3 million compared with $245.5 million in the year-ago period. Natural gas revenues were $51.8 million, modestly higher year over year, while NGL revenues declined to $49.4 million from $53.4 million. Realizations were mixed across products. The average realized crude oil price was $70.29 per barrel, indicating a 0.7% increase from the year-ago period’s $69.81 and beating our estimate of $55.49. The...

Interested in Magnolia Oil & Gas Corp? Here are five stocks we like better. Production and cash flow stayed strong in Q1, with total output up 6% year over year to 102.6 thousand barrels of oil equivalent per day and free cash flow of about $146 million. Net income came in at roughly $101 million, or $0.54 per share. Magnolia completed $155 million of bolt-on acquisitions in South Texas, adding acreage in Karnes and Giddings and expanding its core development runway. Management said the deals strengthen its existing footprint without changing its broader capital allocation plan. Guidance was left unchanged for 2026, including about 5% production growth and a $440 million to $480 million drilling and completion budget. The company also remains unhedged and continues to emphasize shareholder returns through dividends and buybacks. 3 Top Energy Stocks to Buy in 2022 Magnolia Oil & Gas (NYSE:MGY) reported a stronger start to 2026, with management highlighting year-over-year production growth, steady free cash flow generation and a busy quarter of bolt-on acquisitions across its South Texas operating areas. Chairman, President and Chief Executive Officer Chris Stavros said the company’s first-quarter results reflected “consistent performance” under Magnolia’s business model, which emphasizes a low reinvestment rate, high operating margins and moderate production growth. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum 3 Small Caps Ready to Make a Run Total company production rose 6% from a year earlier to 102.6 thousand barrels of oil equivalent per day, while oil production increased 4% to 40.7 thousand barrels per day. Stavros said Giddings was the primary driver of growth, with total production in that area up 9% year over year and oil production up 8%. Giddings volumes reached a company record and accounted for about 82% of Magnolia’s total production during the quarter. Magnolia reported first-quarter net income of approximately $101 million, or $0.54 per diluted share. Adjusted EBITDAX was $253 million, and drilling and completion capital totaled roughly $129 million, representing 51% of adjusted EBITDAX. The company generated about $146 million of free cash flow, while pre-tax operating margins averaged 36%. → 3 Ways to Target the Resources Powering AI and Data Centers Stavros said the first quarter was active for acquisitions, with Magnoli...

Image source: The Motley Fool. Thursday, May 7, 2026 at 11 a.m. ET Chief Executive Officer — Christopher G. Stavros Chief Financial Officer — Brian Michael Corales Need a quote from a Motley Fool analyst? Email [email protected] Christopher G. Stavros: Thank you, Tom, and good morning, everyone. Thank you all for joining us today for this discussion on our first quarter 2026 financial and operating results. I plan to briefly speak on our first quarter results, which provided a strong start to the year and consistent performance across our financial and operating metrics. I will then highlight what turned out to be a busy quarter for bolt-on oil and gas property acquisitions for Magnolia Oil & Gas Corporation, adding to our working interest and royalty interest in both of our operating areas by closing several deals during the quarter. I will finish by speaking to Magnolia Oil & Gas Corporation's 2026 capital and operating plan, which is well positioned during this period of product price volatility, driving incremental free cash flow and improving our financial flexibility. Brian will then review our financial results in greater detail and provide some additional guidance before we take your questions. Starting with Slide 3 in our quarterly investor presentation, Magnolia Oil & Gas Corporation delivered another strong and consistent quarter of execution across our financial and operating metrics, centered around our disciplined business model characterized by a low reinvestment rate, high operating margins, and moderate production growth. For the first quarter 2026, total company production volumes grew by 6% year over year to 102,600 barrels of oil equivalent per day, with oil production growing by 4% and averaging 40,700 barrels per day. Production in Giddings was the primary growth driver for the company with total Giddings production increasing 9% year over year and oil production showing growth of 8% over the same period. Giddings production volumes were a record for the company in the quarter. Giddings production currently accounts for approximately 82% of Magnolia Oil & Gas Corporation's total company volumes. The quarter was equally solid around our financial metrics, supported by growth in our oil and gas production and higher oil prices, for which our production is entirely unhedged. Our first quarter net income was approximately $101 million or $0.54 pe...

Magnolia Oil & Gas Corp (MGY) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.20%. A quarter ago, it was expected that this company would post earnings of $0.36 per share when it actually produced earnings of $0.37, delivering a surprise of +2.78%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Magnolia Oil & Gas Corp, which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, posted revenues of $358.51 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.98%. This compares to year-ago revenues of $350.3 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Magnolia Oil & Gas Corp shares have added about 41% since the beginning of the year versus the S&P 500's gain of 6%. While Magnolia Oil & Gas Corp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Magnolia Oil & Gas Corp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the marke...

Magnolia Oil & Gas (MGY) reported fiscal Q1 net income late Wednesday of $0.54 per diluted share, un

Performance was driven by record production at Giddings, which now accounts for approximately 82% of total company volumes, supported by a 9% year-over-year increase in the area. Management attributes strong financial results to a disciplined low-reinvestment model and high operating margins of 36%, despite volatility in product prices. The company successfully simplified its capital structure by eliminating all remaining Class B shares following the exit of its original private equity shareholder. Strategic positioning was enhanced through $155 million in bolt-on acquisitions, focusing on 'buying more of what we already own' to increase working and royalty interests. The Karnes acquisition created a 10,000-acre contiguous block, enabling longer lateral development and adding years of drilling inventory in a core operating area. Operational efficiencies in Giddings have improved economics compared to earlier testing phases due to faster drilling and completion times and optimized three-to-four well pads. The company maintains a completely unhedged production profile to capture full upside from improving oil price realizations and narrowing differentials. Management reiterated a full-year 2026 production growth target of approximately 5%, supported by a steady activity plan of two rigs and one completion crew. Capital allocation remains focused on a low reinvestment rate and returning significant free cash flow to shareholders through base dividends and share repurchases. Second quarter 2026 production is estimated at 105,000 BOE per day, with oil realizations expected to align with the Magellan East Houston benchmark. The company plans to integrate recently acquired acreage into the drilling program 'sooner rather than later' without increasing the overall capital budget. Dividend growth is projected to continue as a function of moderate production growth and the compounding effect of consistent share repurchases. Completed $155 million in bolt-on acquisitions during Q1, adding 6,200 net acres and approximately 500 BOE per day of low-decline production. The Karnes transaction increased the company's working interest to approximately 93% with an average NRI of around 80% in the acquired block. Management noted that while they are open to larger deals, they will avoid 'out-of-basin' transactions to maintain focus on areas where they have a technical competitiv...