Magnolia Oil & Gas Corp
For the period ended Jun 30, 2025. Filed Jul 31, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 31, 2025
MGY$22.67-4.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Equity (unaudited)
| (In thousands) · Class A Common Stock · Class B Common Stock · Additional Paid In Capital · Treasury Stock · Retained Earnings · Total Stockholders’ Equity · Noncontrolling Interest · Total Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| For the Three Months Ended June 30, 2024 · Shares · Value · Shares · Value · Shares · Value | |||||||||||
| Balance, March 31, 2024 | 215,177 | $22 | 21,827 | $2 | $1,745,157 | 33,683 | $(591,175) | $547,261 | $1,701,267 | $196,517 | $1,897,784 |
| Stock based compensation expense, net of forfeitures | — | — | — | — | 4,449 | — | — | — | 4,449 | 347 | 4,796 |
| Common stock issued related to stock based compensation and other, net | 121 | — | — | — | (135) | — | — | — | (135) | (13) | (148) |
| Changes in ownership interest adjustment | — | — | — | — | 25,573 | — | — | — | 25,573 | (25,573) | — |
| Class A Common Stock repurchases | — | — | — | — | — | 1,000 | (25,939) | — | (25,939) | — | (25,939) |
| Class B Common Stock purchases and cancellations | — | — | (3,000) | — | — | — | — | — | — | (76,740) | (76,740) |
| Conversion of Class B Common Stock to Class A Common Stock | 7,869 | 1 | (7,869) | (1) | — | — | — | — | — | — | — |
| Dividends declared ($0.13 per share) | — | — | — | — | — | — | — | (23,820) | (23,820) | — | (23,820) |
| Distributions to noncontrolling interest owners | — | — | — | — | — | — | — | — | — | (3,811) | (3,811) |
| Adjustment to deferred taxes | — | — | — | — | (2,709) | — | — | — | (2,709) | — | (2,709) |
| Tax impact of equity transactions | — | — | — | — | 43,463 | — | 367 | — | 43,830 | — | 43,830 |
| Net income | — | — | — | — | — | — | — | 95,559 | 95,559 | 9,554 | 105,113 |
| Balance, June 30, 2024 | 223,167 | $23 | 10,958 | $1 | $1,815,798 | 34,683 | $(616,747) | $619,000 | $1,818,075 | $100,281 | $1,918,356 |
| Balance, March 31, 2025 | 228,627 | $23 | 5,523 | $1 | $1,878,837 | 40,958 | $(773,673) | $828,607 | $1,933,795 | $55,529 | $1,989,324 |
| Stock based compensation expense, net of forfeitures | — | — | — | — | 6,586 | — | — | — | 6,586 | 195 | 6,781 |
| Common stock issued related to stock based compensation and other, net | 46 | — | — | — | (95) | — | — | — | (95) | (3) | (98) |
| Changes in ownership interest adjustment | — | — | — | — | 785 | — | — | — | 785 | (785) | — |
| Class A Common Stock repurchases | — | — | — | — | — | 2,210 | (48,683) | — | (48,683) | — | (48,683) |
| Dividends declared ($0.15 per share) | — | — | — | — | — | — | — | (28,350) | (28,350) | — | (28,350) |
| Distributions to noncontrolling interest owners | — | — | — | — | — | — | — | — | — | (1,014) | (1,014) |
| Adjustment to deferred taxes | — | — | — | — | (165) | — | — | — | (165) | — | (165) |
| Tax impact of equity transactions | — | — | — | — | — | — | (477) | — | (477) | — | (477) |
| Net income | — | — | — | — | — | — | — | 78,117 | 78,117 | 2,911 | 81,028 |
| Balance, June 30, 2025 | 228,673 | $23 | 5,523 | $1 | $1,885,948 | 43,168 | $(822,833) | $878,374 | $1,941,513 | $56,833 | $1,998,346 |
Consolidated Statements of Changes in Equity (Unaudited)
| (In thousands) · Class A Common Stock · Class B Common Stock · Additional Paid In Capital · Treasury Stock · Retained Earnings · Total Stockholders’ Equity · Noncontrolling Interest · Total Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| For the Six Months Ended June 30, 2024 · Shares · Value · Shares · Value · Shares · Value | |||||||||||
| Balance, December 31, 2023 | 214,497 | $21 | 21,827 | $2 | $1,743,930 | 31,333 | $(538,445) | $486,162 | $1,691,670 | $190,998 | $1,882,668 |
| Stock based compensation expense, net of forfeitures | — | — | — | — | 8,607 | — | — | — | 8,607 | 847 | 9,454 |
| Common stock issued related to stock based compensation and other, net | 801 | 1 | — | — | (6,721) | — | — | — | (6,720) | (807) | (7,527) |
| Changes in ownership interest adjustment | — | — | — | — | 29,434 | — | — | — | 29,434 | (29,434) | — |
| Class A Common Stock repurchases | — | — | — | — | — | 3,350 | (78,302) | — | (78,302) | — | (78,302) |
| Class B Common Stock purchases and cancellations | — | — | (3,000) | — | — | — | — | — | — | (76,740) | (76,740) |
| Conversion of Class B Common Stock to Class A Common Stock | 7,869 | 1 | (7,869) | (1) | — | — | — | — | — | — | — |
| Dividends declared ($0.26 per share) | — | — | — | — | — | — | — | (47,807) | (47,807) | — | (47,807) |
| Distributions to noncontrolling interest owners | — | — | — | — | — | — | — | — | — | (6,648) | (6,648) |
| Adjustment to deferred taxes | — | — | — | — | (2,915) | — | — | — | (2,915) | — | (2,915) |
| Tax impact of equity transactions | — | — | — | — | 43,463 | — | — | — | 43,463 | — | 43,463 |
| Net income | — | — | — | — | — | — | — | 180,645 | 180,645 | 22,065 | 202,710 |
| Balance, June 30, 2024 | 223,167 | $23 | 10,958 | $1 | $1,815,798 | 34,683 | $(616,747) | $619,000 | $1,818,075 | $100,281 | $1,918,356 |
| Balance, December 31, 2024 | 228,164 | $23 | 5,523 | $1 | $1,880,243 | 38,808 | $(721,279) | $754,591 | $1,913,579 | $53,747 | $1,967,326 |
| Stock based compensation expense, net of forfeitures | — | — | — | — | 11,514 | — | — | — | 11,514 | 340 | 11,854 |
| Common stock issued related to stock based compensation and other, net | 509 | — | — | — | (4,810) | — | — | — | (4,810) | (142) | (4,952) |
| Modification and cash-settlement of stock based compensation | — | — | — | — | (3,157) | — | — | — | (3,157) | — | (3,157) |
| Changes in ownership interest adjustment | — | — | — | — | 1,902 | — | — | — | 1,902 | (1,902) | — |
| Class A Common Stock repurchases | — | — | — | — | — | 4,360 | (100,661) | — | (100,661) | — | (100,661) |
| Dividends declared ($0.30 per share) | — | — | — | — | — | — | — | (57,261) | (57,261) | — | (57,261) |
| Distributions to noncontrolling interest owners | — | — | — | — | — | — | — | — | — | (1,842) | (1,842) |
| Adjustment to deferred taxes | — | — | — | — | 256 | — | — | — | 256 | — | 256 |
| Tax impact of equity transactions | — | — | — | — | — | — | (893) | — | (893) | — | (893) |
| Net income | — | — | — | — | — | — | — | 181,044 | 181,044 | 6,632 | 187,676 |
| Balance, June 30, 2025 | 228,673 | $23 | 5,523 | $1 | $1,885,948 | 43,168 | $(822,833) | $878,374 | $1,941,513 | $56,833 | $1,998,346 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.