Magnolia Oil & Gas Corp
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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.
Sep 30, 2026 · Filed Nov 5, 2026
MGY$23.67+0.6%Stored close · as of Nov 6, 2026
Contents
Item 1. Consolidated Balance Sheets
Consolidated Balance Sheets
(In thousands)
| September 30, 2026 | December 31, 2025 | |
|---|---|---|
| ASSETS | (Unaudited) | (Audited) |
| CURRENT ASSETS | ||
| Cash and cash equivalents | $17,493 | $266,785 |
| Trade receivables | 322,921 | 116,530 |
| Joint interest receivables | 16,603 | 33,952 |
| Income tax receivable | 14,461 | 24,291 |
| Other current assets | 9,537 | 877 |
| Total current assets | 381,015 | 442,435 |
| PROPERTY, PLANT AND EQUIPMENT | ||
| Oil and natural gas properties | 9,803,175 | 4,957,292 |
| Other | 51,643 | 20,618 |
| Accumulated depreciation, depletion and amortization | (2,931,637) | (2,553,758) |
| Total property, plant and equipment, net | 6,923,181 | 2,424,152 |
| OTHER ASSETS | ||
| Other long-term assets | 72,686 | 36,505 |
| TOTAL ASSETS | $7,376,882 | $2,903,092 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $336,282 | $177,568 |
| Current derivative liabilities | 170,810 | — |
| Other current liabilities (Note 7) | 238,946 | 110,462 |
| Total current liabilities | 746,038 | 288,030 |
| LONG-TERM LIABILITIES | ||
| Long-term debt, net | 1,937,799 | 393,251 |
| Asset retirement obligations, net of current | 291,922 | 186,038 |
| Deferred tax liabilities | 102,571 | 20,674 |
| Other long-term liabilities | 45,452 | 15,926 |
| Total long-term liabilities | 2,377,744 | 615,889 |
| COMMITMENTS AND CONTINGENCIES (Note 10) | ||
| EQUITY | ||
| Class A Common Stock, $0.0001 par value, 1,300,000 shares authorized, 319,850 shares issued and 266,912 shares outstanding in 2026 and 228,908 shares issued and 181,230 shares outstanding in 2025 | 32 | 23 |
| Class B Common Stock, $0.0001 par value, 225,000 shares authorized, 0 shares issued and outstanding in 2026 and 5,523 shares issued and outstanding in 2025 | — | 1 |
| Additional paid-in capital | 4,100,328 | 1,903,459 |
| Treasury Stock, at cost, 52,938 shares and 47,678 shares in 2026 and 2025, respectively | (1,070,261) | (928,662) |
| Retained earnings | 1,224,523 | 966,747 |
| Accumulated other comprehensive loss | (1,522) | (1,610) |
| Noncontrolling interest | — | 59,215 |
| Total equity | 4,253,100 | 1,999,173 |
| TOTAL LIABILITIES AND EQUITY | $7,376,882 | $2,903,092 |
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