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Magnolia Oil & Gas Corporation MGY Oil revenues — Total revenues

Other product segments

Natural gas liquids revenues
$65.38M+31.3%
Natural gas revenues
$39.67M-7.4%

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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$5.86B+33.5%
Enterprise value$5.98B+31.4%
P/E13.8×+1.8×
P/S+0.7×

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:Revenues.

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

Filed
Aug 6, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001698990-26-000019
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
REVENUES
Oil revenues$373,759$226,345$631,088$471,879
Natural gas revenues39,66942,85091,46994,218
Natural gas liquids revenues65,38349,786114,765103,185
Total revenues478,811318,981837,322669,282
OPERATING EXPENSES
Lease operating expenses48,40943,59096,16090,665
Gathering, transportation and processing17,20216,48935,41031,442

Item 1. Financial Statements

FAQ

What is Magnolia Oil & Gas Corporation's oil revenues — total revenues?
Magnolia Oil & Gas Corporation (MGY) reported oil revenues — total revenues of $373.76M in Q2 2026.
How has Magnolia Oil & Gas Corporation's oil revenues — total revenues changed year-over-year?
Magnolia Oil & Gas Corporation's oil revenues — total revenues increased by 65.1% year-over-year, from $226.35M to $373.76M.
What is the long-term trend for Magnolia Oil & Gas Corporation's oil revenues — total revenues?
Over 4 years (2021 to 2025), Magnolia Oil & Gas Corporation's oil revenues — total revenues has grown at a 5.3% compound annual growth rate (CAGR), from $747.9M to $918.03M.
What does oil revenues — total revenues mean?
This metric represents the total gross revenue generated specifically from the sale of crude oil production within the company's portfolio. It serves as a key indicator of the company's exposure to oil price volatility and its ability to monetize liquid hydrocarbon reserves. By isolating oil-specific income, investors can assess the revenue contribution of this primary commodity relative to total production and overall corporate performance.

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