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Magnolia Oil & Gas Corporation MGY Gain (loss) on extinguishment of debt
Gain (loss) on extinguishment of debt at other companies
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Where this comes from
Reported directly by Magnolia Oil & Gas Corporation in its filing.
Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.
The source filing: Magnolia Oil & Gas Corporation’s 10-K, filed February 12, 2026.
- Filed
- Feb 12, 2026, 4:02 PM EST
- Fiscal year
- FY2025
- Accession
- 0001698990-26-000005
| Line item | Years Ended / December 31, 2025 | Years Ended / December 31, 2024 | Years Ended / December 31, 2023 |
|---|---|---|---|
| OPERATING INCOME | 439,181 | 511,988 | 534,485 |
| OTHER INCOME (EXPENSE) | |||
| Interest expense, net | (21,617) | (14,371) | (33) |
| Loss on extinguishment of debt | — | (8,796) | — |
| Other income (expense), net | (153) | 4,322 | 15,360 |
| Total other income (expense), net | (21,770) | (18,845) | 15,327 |
| INCOME BEFORE INCOME TAXES | 417,411 | 493,143 | 549,812 |
| Income tax expense | 80,132 | 95,813 | 107,208 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Magnolia Oil & Gas Corporation's gain (loss) on extinguishment of debt?
- Magnolia Oil & Gas Corporation (MGY) reported gain (loss) on extinguishment of debt of $0 in Q4 2025.
- How has Magnolia Oil & Gas Corporation's gain (loss) on extinguishment of debt changed year-over-year?
- Magnolia Oil & Gas Corporation's gain (loss) on extinguishment of debt increased by 100.0% year-over-year, from -$2.2M to $0.
- What does gain (loss) on extinguishment of debt mean?
- Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.
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