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Magnolia Oil & Gas (MGY)
:MGY
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.4Last Year’s EPS
0.51Same Quarter Last Year
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 18.78%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
Magnolia Oil & Gas Corporation demonstrated strong operational and financial performance with record production levels and increased shareholder returns. Despite challenges posed by product price volatility and increased GP&T costs, the company managed to enhance capital efficiency and increase production guidance.Company Guidance
In the first quarter of 2025, Magnolia Oil & Gas Corporation reported robust production and financial metrics, exceeding earlier guidance with a record output of 96,500 barrels of oil equivalent per day. This performance drove a 14% year-over-year increase in total production, including a 4% rise in oil production. The Giddings asset notably contributed with a 25% increase in total production and a 17% growth in oil volumes compared to the previous year. Financially, Magnolia recorded an adjusted net income of $106 million and an adjusted EBITDAX of $248 million, both up by 9% from the year-ago period, alongside a 39% operating income margin. The company generated $111 million in free cash flow, returning 74% ($82 million) to shareholders via dividends and share repurchases. Magnolia also revised its 2025 production growth guidance to 7%-9% from 5%-7%, while reducing its capital spending estimate to $430-$470 million, reflecting a disciplined approach amidst macroeconomic uncertainties. The firm maintains a reinvestment rate capped at 55% of gross cash flow, emphasizing capital efficiency and shareholder returns.Record Quarterly Production
Achieved a record quarterly production rate of 96,500 barrels of oil equivalent per day, exceeding earlier guidance.
Strong Financial Performance
Total adjusted net income for the quarter of $106 million and adjusted EBITDAX of $248 million, both up 9% compared to the year-ago period.
Increased Production Guidance
Increased full-year 2025 production growth guidance range to 7% to 9% from a previous range of 5% to 7%.
Capital Efficiency
Lowered the range for 2025 capital spending by approximately $25 million or more than 5% from the midpoint of the original spending plan.
Increased Returns to Shareholders
Returned 74% of free cash flow to shareholders through dividends and share repurchases, with a 15% increase in quarterly dividend.
MGY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MGY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $20.39 | $20.95 | +2.75% |
Feb 18, 2025 | $23.72 | $24.07 | +1.48% |
Oct 30, 2024 | $25.10 | $24.82 | -1.12% |
Jul 31, 2024 | $26.61 | $24.95 | -6.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Magnolia Oil & Gas (MGY) report earnings?
Magnolia Oil & Gas (MGY) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Magnolia Oil & Gas (MGY) earnings time?
Magnolia Oil & Gas (MGY) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MGY EPS forecast?
MGY EPS forecast for the fiscal quarter 2025 (Q2) is 0.4.