---
schema_version: "secwatch.filing_event.v1"
accession: "0001698990-21-000034"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2021-08-02T23:59:59+00:00"
generated_at: "2026-06-30T00:00:32.505344+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnolia Q2 net income $116.2M; adjusted EPS $0.56; production rises 4% sequentially; declares dividend

## Summary
- Net income of $116.2M ($0.48 diluted EPS); adjusted net income $135.0M ($0.56 adjusted EPS).
- Adjusted EBITDAX of $195.1M, up 29% sequentially; D&C capex $53.8M (28% of EBITDAX).
- Q2 production 64.9 Mboe/d (+4% seq); oil production up 11% seq to 31.9 MBbls/d.
- Repurchased $120.7M of shares in Q2; diluted share count expected to fall to 237M in Q3.
- Declared first semi-annual dividend of $0.08/share payable Sep 1, 2021.

## SEC filing metadata
- accession: 0001698990-21-000034
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2021-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698990/000169899021000034/0001698990-21-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000169899021000034/mgy-20210802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698990-21-000034
- JSON: https://secwatch.observer/filing/0001698990-21-000034.json
- Plain text: https://secwatch.observer/filing/0001698990-21-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.