---
schema_version: "secwatch.filing_event.v1"
accession: "0001698990-23-000005"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:07:18.885214+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnolia Q4 net income $254.8M, EPS $1.20; FY EPS $4.71, production up 14%

## Summary
- Q4 2022 net income $254.8M ($1.20 diluted EPS), up 33% from $192.1M in Q4 2021.
- Full-year net income $1,050.2M ($4.71 diluted EPS), up 88% from $559.7M in 2021.
- Average daily production 73.8 Mboe/d in Q4 (up 6% YoY); full-year 75.4 Mboe/d (up 14% YoY).
- Generated free cash flow of $141M in Q4 and $823.5M in full-year 2022.
- D&C capital $140M (52% of adj. EBITDAX) in Q4; full-year $459.8M (34% of adj. EBITDAX).

## SEC filing metadata
- accession: 0001698990-23-000005
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2023-02-14T23:59:59+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/1698990/000169899023000005/0001698990-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000169899023000005/mgy-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698990-23-000005
- JSON: https://secwatch.observer/filing/0001698990-23-000005.json
- Plain text: https://secwatch.observer/filing/0001698990-23-000005.txt

## Key facts
- Earnings Releases
  Magnolia Oil & Gas Corp reported Fourth quarter and full-year ended December 31, 2022 results: net income $254.8 million (Q4 2022); $1,050.2 million (full-year 2022), EPS $1.20 per diluted share (Q4 2022); $4.71 per diluted share (full-year 2022).
  - Period: Fourth quarter and full-year ended December 31, 2022
  - Net income: $254.8 million (Q4 2022); $1,050.2 million (full-year 2022)
  - EPS: $1.20 per diluted share (Q4 2022); $4.71 per diluted share (full-year 2022)
  - Result: reported results
  source text: Fourth Quarter 2022 Summary Financial Results: (In millions, except per share data) For the Quarter Ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698990/000169899023000005/0001698990-23-000005-index.htm

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