Magnolia Oil & Gas Corp

For the period ended Sep 30, 2026. Filed Nov 5, 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.

Sep 30, 2026 · Filed Nov 5, 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		Nine Months Ended
	September 30, 2026	September 30, 2025	September 30, 2026	September 30, 2025
REVENUES
Oil revenues	$393,674	$230,530	$1,024,763	$702,409
Natural gas revenues	43,446	43,169	134,915	137,386
Natural gas liquids revenues	75,444	51,236	190,208	154,422
Other revenues	1,326	—	1,326	—
Total revenues	513,890	324,935	1,351,212	994,217
OPERATING EXPENSES
Lease operating expenses	55,990	48,553	152,150	139,218
Gathering, transportation and processing	19,598	17,744	55,008	49,186
Taxes other than income	24,889	20,383	64,033	59,291
Exploration expenses	13,725	131	15,679	841
Asset retirement obligations accretion	2,513	1,838	6,232	4,957
Depreciation, depletion and amortization	147,863	110,618	377,737	323,552
General and administrative expenses	25,345	24,204	85,941	72,072
Transaction and integration costs	68,743	—	71,943	—
Other operating expenses	625	—	625	—
Total operating expenses	359,291	223,471	829,348	649,117
OPERATING INCOME	154,599	101,464	521,864	345,100
OTHER EXPENSE
Interest expense, net	(8,542)	(5,362)	(21,266)	(16,218)
Loss on derivatives, net	(41,287)	—	(41,287)	—
Other income (expense), net	(505)	(661)	(920)	309
Total other expense, net	(50,334)	(6,023)	(63,473)	(15,909)
INCOME BEFORE INCOME TAXES	104,265	95,441	458,391	329,191
Income tax expense	23,790	17,208	95,304	63,283
NET INCOME	80,475	78,233	363,087	265,908
LESS: Net income attributable to noncontrolling interest	—	2,777	1,011	9,409
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	$80,475	$75,456	$362,076	$256,499
NET INCOME PER SHARE OF CLASS A COMMON STOCK
Basic	$0.35	$0.40	$1.79	$1.36
Diluted	$0.35	$0.40	$1.79	$1.36
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
Basic	230,629	184,737	199,664	186,621
Diluted	230,641	184,749	199,676	186,633
COMPREHENSIVE INCOME:
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	$80,475	$75,456	$362,076	$256,499
Other comprehensive income, net of tax:
Postretirement benefits	33	—	88	—
COMPREHENSIVE INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	$80,508	$75,456	$362,164	$256,499

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.