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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:OperatingLeaseExpense.

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
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
Taxes other than income22,75718,80239,14438,907
Exploration expenses2133631,955711
Asset retirement obligations accretion1,8621,5633,7193,119

Item 1. Financial Statements

FAQ

What is Magnolia Oil & Gas Corporation's occupancy and equipment?
Magnolia Oil & Gas Corporation (MGY) reported occupancy and equipment of $48.41M in Q2 2026.
How has Magnolia Oil & Gas Corporation's occupancy and equipment changed year-over-year?
Magnolia Oil & Gas Corporation's occupancy and equipment increased by 11.1% year-over-year, from $43.59M to $48.41M.
What is the long-term trend for Magnolia Oil & Gas Corporation's occupancy and equipment?
Over 4 years (2021 to 2025), Magnolia Oil & Gas Corporation's occupancy and equipment has grown at a 19.0% compound annual growth rate (CAGR), from $93.02M to $186.56M.
What does occupancy and equipment mean?
Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.

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