Magnolia Oil & Gas delivered record 3Q25 production and reaffirmed 10% volume growth guidance for 2025, continuing its under-promise, over-deliver approach. MGY maintains a fortress balance sheet, with net debt/EBITDAX of 0.14x, an undrawn revolver, and robust capital returns via a 2.7% yield and ongoing buybacks. In 2026, MGY targets capex below 55% of EBITDAX, mid-single-digit growth, and further Giddings development, supporting inventory and upside potential.
Magnolia Oil & Gas Corp (MGY) reported earnings 30 days ago. What's next for the stock?
MGY expects fourth-quarter 2025 D&C capital spending of about $110 million, bringing full-year capex close to the midpoint of its $430-$470 million guidance.
While the top- and bottom-line numbers for Magnolia Oil & Gas Corp (MGY) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Magnolia Oil & Gas Corp (MGY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
MGY is set to report Q3 results, with higher costs and lower prices likely to weigh on profitability.
Magnolia Oil & Gas Corp (MGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Magnolia Oil & Gas Corporation (NYSE:MGY ) Q2 2025 Earnings Conference Call July 31, 2025 11:00 AM ET Company Participants Brian Michael Corales - Senior VP, CFO and Principal Accounting & Financial Officer Christopher G. Stavros - President, CEO & Director Tom Fitter - Corporate Participant Conference Call Participants Benjamin Zachary Parham - JPMorgan Chase & Co, Research Division Carlos Andres E.
MGY's second-quarter earnings and revenues beat estimates, driven by production growth and higher revenues from natural gas and natural gas liquids.
Magnolia averaged around 98,200 BOEPD in Q2 2025 production. This was a 2% increase compared to Q1 2025 and a 1% beat compared to its guidance. Magnolia increased its full-year production guidance by another 2% and now expects +10% year-over-year production growth. Oil production growth may be around +4% to +5% year-over-year.
Magnolia Oil & Gas delivered record production and raised guidance for both 3Q25 and full-year 2025, beating Street expectations. Capex remains unchanged despite higher production, highlighting strong capital efficiency and a rare low reinvestment rate among E&Ps. Expansion of the Giddings development area and continued share buybacks support a long-term bullish outlook and inventory confidence.
Although the revenue and EPS for Magnolia Oil & Gas Corp (MGY) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.