Magnolia Oil & Gas (MGY) financial statements
Magnolia Oil & Gas reported revenue of $1.3B in fiscal 2025, up 18.4% a year over 7 years.
Net income was $325M and the operating margin 33.5%, against 47.1% in 2017.
The diluted share count rose 11% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Magnolia Oil & Gas's 10-K filings with the SEC.
| Fiscal year | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $403M | $942M | $541M | $1.1B | $1.7B | $1.2B | $1.3B | $1.3B |
| Selling, general and admin | $19M | $69M | $69M | $75M | $72M | $77M | $89M | $97M |
| Operating income | $190M | $128M | -$1.9B | $603M | $1.1B | $534M | $512M | $439M |
| Pre-tax income | $182M | $100M | -$1.9B | $569M | $1.1B | $550M | $493M | $417M |
| Income tax | $3M | $15M | -$79M | $9M | $7M | $107M | $96M | $80M |
| Net income | $179M | $50M | -$1.2B | $417M | $894M | $388M | $366M | $325M |
| Diluted shares | — | 167M | 166M | 175M | 188M | 188M | 186M | 186M |
| Operating margin | 47.1% | 13.5% | -355.7% | 55.9% | 63.4% | 43.6% | 38.9% | 33.5% |
| Net margin | 44.4% | 5.3% | -223.2% | 38.7% | 52.7% | 31.6% | 27.8% | 24.8% |
Balance sheet
Fiscal years, from Magnolia Oil & Gas's 10-K filings with the SEC.
| Fiscal year | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $851,466 | $183M | $193M | $367M | $675M | $401M | $260M | $267M |
| Receivables | — | $106M | $82M | $150M | $171M | $190M | $124M | $117M |
| Total current assets | $993,742 | $293M | $282M | $518M | $851M | $591M | $411M | $442M |
| Total assets | $654M | $3.5B | $1.5B | $1.7B | $2.6B | $2.8B | $2.8B | $2.9B |
| Total current liabilities | $2M | $175M | $129M | $219M | $340M | $315M | $290M | $288M |
| Long-term debt | — | $390M | $391M | $388M | $390M | $393M | $393M | $393M |
| Total liabilities | $25M | $738M | $614M | $701M | $832M | $874M | $854M | $904M |
| Shareholders' equity | $5M | $2.7B | $839M | $1.0B | $1.7B | $1.9B | $2.0B | $2.0B |
| Net debt | -$851,466 | $207M | $199M | $21M | -$285M | -$8M | $132M | $126M |
Cash flow
Fiscal years, from Magnolia Oil & Gas's 10-K filings with the SEC.
| Fiscal year | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $257M | $648M | $310M | $788M | $1.3B | $856M | $921M | $879M |
| Stock-based compensation | $0 | $11M | $10M | $12M | $13M | $16M | $19M | $27M |
| Dividends paid | — | $0 | $0 | $14M | $75M | $88M | $98M | $113M |
| Net borrowing | $0 | $0 | $0 | — | $0 | $0 | -$4M | $0 |
| Dividends per share | — | — | — | $0.08 | $0.40 | $0.47 | $0.52 | $0.61 |
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What was Magnolia Oil & Gas's revenue in 2025?
$1.3B in fiscal 2025, from its 10-K filing.
From Magnolia Oil & Gas's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.