---
schema_version: "secwatch.filing_event.v1"
accession: "0001698990-21-000045"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2021-11-01T23:59:59+00:00"
generated_at: "2026-06-28T15:48:03.022802+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Magnolia Oil & Gas Q3 2021 net income $159.9M; adjusted EPS $0.67, production up 4%

## Summary
- Net income $159.9M; diluted EPS $0.67; adjusted net income $157.9M ($0.67 adjusted EPS).
- Adjusted EBITDAX $221.5M (+14% QoQ); free cash flow $143.5M; D&C capex $67.2M (30% of EBITDAX).
- Production 67.4 Mboe/d (+4% sequentially); Giddings production up 80% YoY.
- Repurchased $78.7M of stock (5M shares) in Q3; YTD 22.6M shares repurchased, 9% diluted share reduction.
- Cash $245M (+30% QoQ); no debt on $450M revolver; paid first $0.08 semi-annual dividend (next in Q1 2022).

## SEC filing metadata
- accession: 0001698990-21-000045
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2021-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698990/000169899021000045/0001698990-21-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000169899021000045/mgy-20211101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698990-21-000045
- JSON: https://secwatch.observer/filing/0001698990-21-000045.json
- Plain text: https://secwatch.observer/filing/0001698990-21-000045.txt

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