secwatch.observer — SEC 8-K summary
======================================

Issuer:     Magnolia Oil & Gas Corp (MGY)
CIK:        0001698990
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0001698990-21-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698990/000169899021000045/0001698990-21-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698990/000169899021000045/mgy-20211101.htm
  HTML page:      https://secwatch.observer/filing/0001698990-21-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer