The earnings call reflects a strong operational performance with record production growth and effective capital management, resulting in significant free cash flow and a robust balance sheet. However, the decline in oil prices poses a challenge to revenue growth, and there is a cautious approach to expanding activity levels due to current market conditions.

Company Guidance

During the third quarter of 2025, Magnolia Oil & Gas Corporation delivered strong results characterized by consistent execution and an efficient capital program, resulting in increased free cash flow. The company achieved a record quarterly total production rate of 100,500 barrels of oil equivalent per day, marking an 11% year-over-year growth, and set the stage for anticipated record production in the fourth quarter. Magnolia's adjusted EBITDAX for the quarter was $219 million, with operating income margins at 31% and an annualized return on capital employed of 17%. The company's capital reinvestment rate was limited to 54% of adjusted EBITDAX, allowing for free cash flow generation of $134 million. Magnolia returned 60% of this free cash flow to shareholders through share repurchases and a secure, growing cash dividend. Looking ahead, Magnolia plans to maintain its disciplined capital spending, limiting it to 55% of adjusted EBITDAX in 2026, and expects mid-single-digit production growth while continuing its commitment to shareholder returns.

Record Production Growth

Magnolia achieved a record quarterly total production rate of 100,500 barrels of oil equivalent per day, marking a year-over-year production growth of 11%.

Strong Financial Performance

Adjusted EBITDAX for the third quarter was $219 million, with operating income margins at 31% and a return on capital employed of 17%.

Significant Free Cash Flow

Generated $134 million in free cash flow, with 60% returned to shareholders through share repurchases and cash dividends.

Efficient Capital Management

Capital reinvestment rate was limited to 54% of adjusted EBITDAX, and capital spending is projected to remain low with expected production growth.

Strong Balance Sheet

Magnolia ended the quarter with $280 million in cash, the highest level of the year, and maintains a strong liquidity position.

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
Feb 18, 2026	2025 (Q4)	0.40 / -	0.474	―	―	―
Oct 29, 2025	2025 (Q3)	0.42 / 0.40	0.491	-18.53% (-0.09)
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)

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
Oct 29, 2025	$22.84	$22.26	-2.54%
Jul 30, 2025	$24.06	$23.51	-2.29%
Apr 30, 2025	$20.12	$20.67	+2.73%
Feb 18, 2025	$23.40	$23.76	+1.54%

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 Feb 18, 2026, Before Open (Confirmed).

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

Magnolia Oil & Gas (MGY) earnings time is at Feb 18, 2026, 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 (Q4) is 0.4.

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