Magnolia Oil & Gas Corp

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

About 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, 2026 · Filed Aug 6, 2026

MGY$22.97+1.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations (unaudited)

(In thousands, except per share data)

	Three Months Ended		Six Months Ended
	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
REVENUES
Oil revenues	$373,759	$226,345	$631,088	$471,879
Natural gas revenues	39,669	42,850	91,469	94,218
Natural gas liquids revenues	65,383	49,786	114,765	103,185
Total revenues	478,811	318,981	837,322	669,282
OPERATING EXPENSES
Lease operating expenses	48,409	43,590	96,160	90,665
Gathering, transportation and processing	17,202	16,489	35,410	31,442
Taxes other than income	22,757	18,802	39,144	38,907
Exploration expenses	213	363	1,955	711
Asset retirement obligations accretion	1,862	1,563	3,719	3,119
Depreciation, depletion and amortization	116,516	107,082	229,874	212,935
General and administrative expenses	29,151	23,278	60,595	47,867
Transaction related costs	3,200	—	3,200	—
Total operating expenses	239,310	211,167	470,057	425,646
OPERATING INCOME	239,501	107,814	367,265	243,636
OTHER EXPENSE
Interest expense, net	(6,720)	(5,604)	(12,724)	(10,856)
Other income (expense), net	(379)	(244)	(415)	971
Total other expense, net	(7,099)	(5,848)	(13,139)	(9,885)
INCOME BEFORE INCOME TAXES	232,402	101,966	354,126	233,751
Income tax expense	50,626	20,938	71,514	46,075
NET INCOME	181,776	81,028	282,612	187,676
LESS: Net income attributable to noncontrolling interest	—	2,911	1,011	6,632
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	$181,776	$78,117	$281,601	$181,044
NET INCOME PER SHARE OF CLASS A COMMON STOCK
Basic	$0.97	$0.41	$1.51	$0.95
Diluted	$0.97	$0.41	$1.51	$0.95
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
Basic	184,574	186,518	183,924	187,579
Diluted	184,586	186,530	183,936	187,591
COMPREHENSIVE INCOME:
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	$181,776	$78,117	$281,601	$181,044
Other comprehensive income, net of tax:
Postretirement benefits	32	—	55	—
COMPREHENSIVE INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	$181,808	$78,117	$281,656	$181,044

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.