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Magnolia Oil & Gas Corporation MGY Oil and Gas Properties (Successful Efforts Method)

Oil and Gas Properties (Successful Efforts Method) at other companies

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Other financials

Income statement

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

Balance sheet

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

Cash flow

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Operating cash flow$197.6M-12.0%
CapEx$17.7M
Free cash flow$169.6M-59.8%

Valuation

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Market cap$4.88B+23.1%

Profitability

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

Returns & leverage

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Return on equity10.6%
Debt / equity0.1×
Current ratio1.1×-0.2×

Where this comes from

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

Tagged under the XBRL concept us-gaap:OilAndGasPropertySuccessfulEffortMethodGross.

The official record: Magnolia Oil & Gas Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Magnolia Oil & Gas Corporation's oil and gas properties (successful efforts method)?
Magnolia Oil & Gas Corporation (MGY) reported oil and gas properties (successful efforts method) of $5.23B in Q1 2026.
How has Magnolia Oil & Gas Corporation's oil and gas properties (successful efforts method) changed year-over-year?
Magnolia Oil & Gas Corporation's oil and gas properties (successful efforts method) increased by 15.0% year-over-year, from $4.55B to $5.23B.
What is the long-term trend for Magnolia Oil & Gas Corporation's oil and gas properties (successful efforts method)?
Over 5 years (2020 to 2025), Magnolia Oil & Gas Corporation's oil and gas properties (successful efforts method) has grown at a 18.4% compound annual growth rate (CAGR), from $2.13B to $4.96B.
What does oil and gas properties (successful efforts method) mean?
This represents the gross capitalized costs associated with the acquisition, exploration, and development of oil and gas properties under the successful efforts accounting method. It includes the total investment in proved and unproved properties before accounting for accumulated depreciation, depletion, and amortization. This metric is a primary indicator of the scale of the company's asset base and long-term capital investment.