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Magnolia Oil & Gas Corporation MGY Q1 2026 earnings

Reported May 6, 2026 · After market close

Revenue$358.5MBeat by $8.6M
EPS$0.54Beat by $0.03
Revenue estimate$349.9M
EPS estimate$0.51

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$456.7M
EPS estimate$0.92

Financials

Q1 2026

Income statement

See full
Revenue$358.5M+2.3%
Operating income$127.8M-5.9%
Net income$99.8M-3.0%
EPS (diluted)$0.540.0%

Balance sheet

See full
Cash & equivalents$124.4M-49.8%
Total debt$412.9M+0.4%
Total assets$2.9B+2.6%

Cash flow

See full
Operating cash flow$197.6M-12.0%

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$5.69B+24.5%
Enterprise value$5.98B+26.4%
P/E17.7×+5.2×
P/S4.3×+0.9×

Profitability

See full
Operating margin32.7%-6.2pp
Net margin24.4%-4.1pp

Returns & leverage

See full
Current ratio1.1×-0.2×

Segments

By product

See full
Oil revenues$257.3M+4.8%
Natural gas revenues$51.8M+0.8%
Natural gas liquids revenues$49.4M-7.5%

Versus estimates

Revenue

Q1 2026$358.5MBeat by $8.6M
Q4 2025$317.6MBeat by $4.0MQ3 2025$324.9MBeat by $2.8MQ2 2025$319.0MBeat by $228.0KQ1 2025$350.3MBeat by $7.8MQ4 2024$326.6MMiss by $790.1K

Diluted EPS

Q1 2026$0.54Beat by $0.03
Q4 2025$0.37Beat by $0.01Q3 2025$0.41In lineQ2 2025$0.43Beat by $0.03Q1 2025$0.55Beat by $0.02Q4 2024$0.49Beat by $0.03

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Questions, answered.

When did Magnolia Oil & Gas Corporation report Q1 2026 earnings?
Magnolia Oil & Gas Corporation (MGY) reported Q1 2026 earnings on May 6, 2026 after market close.
What were Magnolia Oil & Gas Corporation's Q1 2026 revenue and EPS?
Magnolia Oil & Gas Corporation reported revenue of $358.5M and eps of $0.54 for Q1 2026.
Did Magnolia Oil & Gas Corporation beat estimates in Q1 2026?
Revenue beat the consensus estimate of $349.9M by $8.6M. EPS beat the consensus estimate of $0.51 by $0.03.
How did Magnolia Oil & Gas Corporation's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.3% from $350.3M a year earlier and eps declined 1.8% from $0.55.
Where can I find Magnolia Oil & Gas Corporation's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001698990-26-000007) and the 10-Q periodic report (0001698990-26-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.