---
schema_version: "secwatch.filing_event.v1"
accession: "0001698990-22-000028"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:00:42.445498+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Magnolia Oil & Gas Q2 net income up 158% to $299.9M; raises FY production growth view to 12-14%

## Summary
- Diluted EPS $1.32 vs $0.48 YoY; adjusted EPS also strong; revenue not disclosed but EBITDAX $393.4M up 102%.
- Production 74.2 Mboe/d (+14% YoY), exceeding guidance; full-year 2022 production growth raised to 12-14%.
- Increased quarterly dividend to $0.10/share (annualized $0.40, +43% vs prior $0.28); moving to quarterly from semi-annual.
- Repurchased 4.1M shares for $102.4M in Q2; 10.1M total in 2022; $501.9M cash, no debt, undrawn $450M revolver.
- D&C capex $122M was only 31% of adjusted EBITDAX; free cash flow $250.8M.

## SEC filing metadata
- accession: 0001698990-22-000028
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698990/000169899022000028/0001698990-22-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000169899022000028/mgy-20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698990-22-000028
- JSON: https://secwatch.observer/filing/0001698990-22-000028.json
- Plain text: https://secwatch.observer/filing/0001698990-22-000028.txt

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