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Magnolia Oil & Gas Corporation MGY Gathering, transportation and processing

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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 mgy:GasGatheringTransportationMarketingAndProcessingCosts1.

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
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
Depreciation, depletion and amortization116,516107,082229,874212,935

Item 1. Financial Statements

FAQ

What is Magnolia Oil & Gas Corporation's gathering, transportation and processing?
Magnolia Oil & Gas Corporation (MGY) reported gathering, transportation and processing of $17.2M in Q2 2026.
How has Magnolia Oil & Gas Corporation's gathering, transportation and processing changed year-over-year?
Magnolia Oil & Gas Corporation's gathering, transportation and processing increased by 4.3% year-over-year, from $16.49M to $17.2M.
What is the long-term trend for Magnolia Oil & Gas Corporation's gathering, transportation and processing?
Over 3 years (2022 to 2025), Magnolia Oil & Gas Corporation's gathering, transportation and processing has grown at a 1.2% compound annual growth rate (CAGR), from $64.75M to $67.1M.
What does gathering, transportation and processing mean?
This metric represents the costs incurred to move extracted oil and natural gas from the wellhead to processing facilities or market hubs. It reflects the logistical expenses associated with midstream services required to prepare hydrocarbons for sale. Investors monitor this to assess the efficiency of the company's midstream infrastructure and the impact of regional logistics on net realized prices.

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