The earnings call reflects a strong quarter for Magnolia Oil & Gas Corporation, with significant achievements in financial performance, record production volumes, and successful acquisitions. Despite some challenges like a decline in revenue per BOE due to oil prices, the company’s outlook remains positive, supported by increased production guidance and efficient capital spending.

Company Guidance

During the second quarter of 2025, Magnolia Oil & Gas Corporation delivered strong financial and operational results, achieving an adjusted net income of $81 million and adjusted EBITDAX of $223 million. The company demonstrated capital efficiency with drilling and completion (D&C) capital expenditures of $95 million, reflecting a reinvestment rate of only 43%. Magnolia set a new record for quarterly production at 98,200 barrels of oil equivalent per day, marking a 9% increase year-over-year, with oil production reaching 40,000 barrels per day. As a result, the company raised its full-year production growth guidance to approximately 10%, up from the previous range of 7% to 9%. Magnolia generated $107 million in free cash flow, returning 72% of this to shareholders through dividends and share repurchases. The company also completed $40 million in bolt-on acquisitions, adding approximately 18,000 net acres in the Giddings area, which expanded their development acreage by 20% to 240,000 net acres. This strategic expansion aims to enhance operational and financial performance amidst product price volatility.

Strong Financial Performance

Total adjusted net income for the quarter was $81 million with adjusted EBITDAX of $223 million. Magnolia generated free cash flow of $107 million, returning 72% or approximately $78 million of that free cash flow to shareholders.

Record Production Volumes

The company achieved another record quarterly production rate with total volumes of 98,200 barrels of oil equivalent per day, representing year-over-year production growth of 9%.

Increased Production Guidance

Magnolia raised its full-year 2025 production growth guidance to approximately 10% from the prior range of 7% to 9% growth.

Successful Bolt-On Acquisitions

Magnolia completed bolt-on acquisitions totaling $40 million, adding approximately 18,000 net acres in Giddings and enhancing operational prospects.

Efficient Capital Spending

D&C capital was only $95 million during the second quarter, providing a reinvestment rate of just 43%, highlighting asset quality and capital program efficiency.

Magnolia Oil & Gas (MGY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MGY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.42 / -	0.491	―	―	―
Jul 30, 2025	2025 (Q2)	0.40 / 0.41	0.506	-19.17% (-0.10)
Apr 30, 2025	2025 (Q1)	0.54 / 0.53	0.477	11.95% (+0.06)
Feb 18, 2025	2024 (Q4)	0.46 / 0.47	0.5	-5.20% (-0.03)
Oct 30, 2024	2024 (Q3)	0.48 / 0.49	0.54	-9.07% (-0.05)
Jul 31, 2024	2024 (Q2)	0.52 / 0.51	0.445	13.71% (+0.06)
May 07, 2024	2024 (Q1)	0.47 / 0.48	0.559	-14.67% (-0.08)
Feb 14, 2024	2023 (Q4)	0.53 / 0.50	0.895	-44.13% (-0.40)
Nov 01, 2023	2023 (Q3)	0.54 / 0.54	1.29	-58.14% (-0.75)
Aug 01, 2023	2023 (Q2)	0.42 / 0.45	1.32	-66.29% (-0.88)

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
Jul 30, 2025	$24.22	$23.67	-2.27%
Apr 30, 2025	$20.26	$20.81	+2.71%
Feb 18, 2025	$23.56	$23.92	+1.53%
Oct 30, 2024	$24.94	$24.67	-1.08%

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 Oct 29, 2025, Before Open (Confirmed).

What is Magnolia Oil & Gas (MGY) earnings time?

Magnolia Oil & Gas (MGY) earnings time is at Oct 29, 2025, Before Open (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 (Q3) is 0.42.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing