)
Magnolia Oil & Gas (MGY) investor relations material
Magnolia Oil & Gas Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record Q3 2025 production of 100.5 Mboe/d, up 11% year-over-year, with Giddings area production up 15% and oil production at 39.4 Mbbls/d.
Returned $80 million to shareholders in Q3 2025 via dividends and share repurchases, representing 60% of free cash flow.
Maintained a robust balance sheet with $280 million in cash and only $120 million in net debt at quarter-end.
Continued disciplined capital allocation, focusing on maximizing free cash flow and shareholder returns through dividends and share repurchases.
Expanded asset base through bolt-on acquisitions and appraisal programs, particularly in Giddings and Karnes.
Financial highlights
Adjusted net income was $78 million ($0.41 per diluted share) for Q3 2025; net income attributable to Class A Common Stock was $75.5 million with diluted EPS of $0.40.
Adjusted EBITDAX reached $219 million, with free cash flow of $134 million and operating income margin of 31%.
Total revenues for Q3 2025 were $324.9 million, down slightly from Q3 2024.
D&C capital expenditures were $118 million, representing 54% of adjusted EBITDAX.
Ended Q3 with $280 million in cash, the highest level of the year.
Outlook and guidance
Full-year 2025 production growth expected at ~10%, above initial 5–7% guidance, with Q4 2025 production estimated at 101 Mboe/d.
2026 program targets mid single-digit production growth with capital spending similar to 2025, maintaining two rigs and one completion crew.
Oil production in 2026 expected to grow 2–3% year-over-year, reaching 40,000–41,000 bbl/d.
Effective tax rate projected at 21% for Q4 2025, with zero cash taxes for full year 2025 due to new legislation.
LOE per boe expected to decline to $5.20 in Q4 2025 and be at least 5% lower for the full year versus 2024.
Next Magnolia Oil & Gas earnings date
Next Magnolia Oil & Gas earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage