NYSE: MGY
Magnolia Oil & Gas CorpCIK 0001698990 · Crude Petroleum & Natural Gas
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Magnolia Oil & Gas completes equity offering to fund WildFire acquisition
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Latest financial statements
From 10-Q filed May 7, 2026 (period ending Mar 31, 2026). SEC XBRL (companyfacts) — not generated by the model.
Consolidated Statements of Operations (Unaudited)
| Description | Q1 ended Mar 31, 2026 | Q3 ended Sep 30, 2025 |
|---|---|---|
| Revenue: | ||
| Total revenue / net sales | 358.5 | 324.9 |
| Operating expenses: | ||
| General and administrative | 31.4 | 24.2 |
| Other operating expenses, net | 199.3 | 199.3 |
| Operating income | 127.8 | 101.5 |
| Other income/(expense), net | (6.0) | (6.0) |
| Income before income taxes | 121.7 | 95.4 |
| Income tax expense/(benefit) | 20.9 | 17.2 |
| Net income | 99.8 | 75.5 |
Consolidated Balance Sheets (Unaudited)
| Description | Mar 31, 2026 | Dec 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and equivalents | 124.4 | 266.8 |
| Accounts receivable, net | 160.8 | 116.5 |
| Prepaid expenses and other current assets | 1.1 | 0.9 |
| Other current assets | 33.4 | 58.2 |
| Total current assets | 319.7 | 442.4 |
| Deferred income taxes and other assets | 38.3 | 36.5 |
| Other long-term assets | 2,586 | 2,424 |
| TOTAL ASSETS | 2,944 | 2,903 |
| Current liabilities: | ||
| Accounts payable | 156.5 | 177.6 |
| Current portion of operating lease liabilities | 19.5 | 18.2 |
| Accrued liabilities | 134.0 | 110.5 |
| Other current liabilities | (19.5) | (18.2) |
| Total current liabilities | 290.5 | 288.0 |
| Long-term debt | 393.4 | 393.3 |
| Deferred income taxes and other liabilities | 18.5 | 20.7 |
| Shareholders' equity: | ||
| Capital in excess of stated value | 1,962 | 1,903 |
| Accumulated other comprehensive income (loss) | (1.6) | (1.6) |
| Retained earnings (deficit) | 1,036 | 966.7 |
| Treasury stock | 960.7 | 928.7 |
| Total shareholders' equity | 2,036 | 1,999 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 2,944 | 2,903 |
Consolidated Statements of Cash Flows (Unaudited)
| Description | Q1 ended Mar 31, 2026 | Nine months ended Sep 30, 2025 |
|---|---|---|
| Operating Activities: | ||
| Net cash from operating activities | 197.6 | 670.2 |
| Investing Activities: | ||
| Net cash from investing activities | (247.6) | (400.6) |
| Financing Activities: | ||
| Net cash from financing activities | (92.4) | (249.2) |
| Net increase/(decrease) in cash | (142.4) | 20.4 |
Amounts in millions USD; EPS as reported. Line labels are presentation-friendly mappings of filer XBRL tags — not a re-audit of the full statements. Use EDGAR for interactive notes and detail. Interactive statements & notes on EDGAR ↗