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Exploration Expense at other companies

Contango Silver & Gold logo
Contango Silver & GoldCTGO
$2.93M+1,132%
Occidental Petroleum logo
Occidental PetroleumOXY
$37M-55.4%
MGY
Magnolia Oil & Gas CorporationMGY
$213K-41.3%
Chevron logo
ChevronCVX
$256M+1.6%
Ivanhoe Electric logo
Ivanhoe ElectricIE
$21.41M+52.1%
Jaguar Uranium logo
Jaguar UraniumJAGU
$2.52K-98.6%

Other financials

Income statement

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Revenue$478.8M+50.1%
Operating income$239.5M+122%
Net income$181.8M+133%
EPS (diluted)$0.97+137%

Balance sheet

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Cash & equivalents$295.9M+17.5%
Total debt$413.1M+0.4%
Total assets$3.1B+9.8%

Cash flow

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Operating cash flow$384.0M+93.3%
CapEx$17.7M
Free cash flow$169.6M-59.8%

Valuation

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Market cap$5.62B+27.9%
Enterprise value$5.74B+26.0%
P/E13.2×+1.2×
P/S3.8×+0.5×

Profitability

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Operating margin38%+0.7pp
Net margin28.8%+1.2pp

Returns & leverage

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Return on equity10.6%
Debt / equity0.1×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by Magnolia Oil & Gas Corporation in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The source filing: Magnolia Oil & Gas Corporation’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001698990-26-000019

FAQ

What is Magnolia Oil & Gas Corporation's exploration expense?
Magnolia Oil & Gas Corporation (MGY) reported exploration expense of $213K in Q2 2026.
How has Magnolia Oil & Gas Corporation's exploration expense changed year-over-year?
Magnolia Oil & Gas Corporation's exploration expense decreased by 41.3% year-over-year, from $363K to $213K.
What is the long-term trend for Magnolia Oil & Gas Corporation's exploration expense?
Over 4 years (2021 to 2025), Magnolia Oil & Gas Corporation's exploration expense has grown at a -30.5% compound annual growth rate (CAGR), from $4.13M to $963K.
What does exploration expense mean?
Exploration Expense as reported by Magnolia Oil & Gas Corporation Class A Common Stock.

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