secwatch.observer — SEC 8-K summary
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Issuer:     Magnolia Oil & Gas Corp (MGY)
CIK:        0001698990
Form:       8-K
Filed at:   2026-07-20T11:12:06+00:00
Accession:  0001104659-26-084859
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnolia Oil & Gas acquires WildFire Energy for ~$4.06B; raises dividend 9% to $0.18/share
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- Total consideration: $2.65B cash, 32.2M MGY shares, assumption of $600M WildFire notes due 2029.
- Adds ~810,000 net acres in Giddings; pro forma >1.25M net acres; adds ~53 Mboe/d production (70% oil).
- Magnolia increases quarterly dividend by 9% to $0.18/share, payable in Q3 2026.
- Q2 2026 production averaged 106.1 Mboe/d (oil 41.9 Mbo/d); full-year production growth guidance raised to 6%.
- Amended RBL facility to $2.25B commitments, $2B borrowing base; bridge facility up to $1.5B committed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698990/000110465926084859/0001104659-26-084859-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698990/000110465926084859/tm2620557d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-084859

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